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

Mediabistro Job Fair

Mediabistro Job FairLand your next big gig! Join us on January 27 at the Altman Building in New York City for an incredible opportunity to meet with hiring managers from the top New York media companies, network with other professionals and industry leaders, and land your next job. Register now!