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Dow Jones & Co. Inc.

Robert Thomson Named Editor of The Wall Street Journal

Here's the News Corp. press release. More coming shortly.

Robert Thomson has been appointed Editor-in-Chief of Dow Jones and managing editor of the Wall Street Journal, effective immediately, Rupert Murdoch, Chairman of Dow Jones & company, announced.

The Dow Jones Special Committee today unanimously endorsed Mr. Thomson's appointment following his nomination by the Company last week.

Mr. Murdoch Read More

Financial Times Girds for Battle With Rupert

With Rupert Murdoch talking about taking The Wall Street Journals Web site free, Financial Times is girding its loins for battle.

The newspaper announced yesterday that later this month it will initiate a program that allows online readers to access 30 articles a month without registering as paying members of the site.

Presently most of its content Read More

Another Reporter Leaves WSJ For Portfolio

In the wake of Rupert Murdoch’s purchase of Dow Jones, another veteran Wall Street Journal reporter is leaving the paper to join Conde Nast’s Portfolio.

Scot Paltrow, a senior special writer for The Wall Street Journal, will join Portfolio as a contributing editor, starting Sept. 1.

He follows Peter Waldman there; the investigative features writer announced in July Read More

Dow Jones Files “Independence Committee” Agreement With S.E.C.

When the Dow Jones board agreed to sell to Rupert Murdoch's News Corp., a condition of the sale was that News Corp. establish a "Special Committee" to guarantee the editorial independence of Dow Jones publications.

That part of the sale agreement was filed with the Securities and Exchange Commission yesterday. And for the obsessives, FishbowlNY Read More

Shekel Heckle: James Ottaway Blows Up

Here was former Dow Jones board member James Ottaway Jr.'s reaction to the news that the Dow Jones board was ready to approve the sale to Rupert Murdoch's News Corp.:

It’s a bad thing for Dow Jones and American journalism that the Bancroft Family could not resist Rupert Murdoch’s generous offer.

It’s a sad thing that the Read More

Bancrofts: We’re Not Done Yet!

A spokesman for the Bancroft family just sent us this statement:

“The process of canvassing the Bancroft family members and trustees as to whether they wish to commit their respective shares to the proposed News Corporation transaction is still under way. Any suggestion that the process has been completed and/or that a particular level of support Read More

Report: Rupert’s Dow Jones Takeover a “Done Deal”

David Faber, the CNBC reporter who first broke the news that Rupert Murdoch had offered $5 billion to buy Dow Jones, is now reporting that Dow Jones will agree to the sale.

According to Faber, a "definitive agreement" is expected from the Dow Jones board tonight. You can click through here to see CNBC video Read More

At Dow Jones Headquarters, Murdoch Portrait Gets Graffiti

At around noon on Tuesday, Geoffrey V. Raymond, a New York based portrait artist, showed up at One World Financial Center, the offices of Dow Jones, Inc., with a four-foot-tall painting of Rupert Murdoch's face.

Security officers clapped on their headsets, unsure of the building's regulations for unexpected art exhibitions. After some deliberation they sent him Read More

Bancrofts End Day One of Murdoch Talks

Shortly before 8 p.m., Bancroft family lead trustee Michael Elefante emerged through a revolving door, from the back entrance of the Hilton Hotel, in Boston’s financial district. There, he very briefly addressed reporters, waiting outside in the light rain.

“The family had a very productive meeting, and they now have all the information Read More