TVSpy LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook GalleyCat UnBeige MediaJobsDaily

Murdoch Wants To Buy Dow Jones; It Could Bolster The Fox Biz Channel

David Faber had a big scoop on CNBC’s Morning Call today. Just after 11am, Faber reported that News Corp. has made an unsolicited $60 a share all cash offer for Dow Jones, the publisher of The Wall Street Journal.

Reporting the news must have been a bit awkward, because as Faber noted, CNBC has “a partnership with Dow Jones that extends until 2012.”

“Later this year, News Corp. is expected to begin a business news channel to compete with the one you’re watching,” Faber added. “The addition of Dow Jones would certainly help those efforts…”

Mediabistro Course

Content Marketing 101

Content Maketing 101Almost 60% of businesses use some form of content marketing. Starting December 8, get hands-on content marketing training in our online boot camp! Through an interactive series of webcasts, content and marketing experts will teach you  the best practices for creating, distributing, and measuring the success of your brand's content. Register now!