WSJ.com: ITV launching legal proceedings against STV for £38m debt

“ITV, a broadcaster, said Tuesday that it will be issuing legal proceedings against STV to recover a gross debt of £38 million; this debt has accumulated as a result of STV not honouring its contractual contributions towards the Network Programme Budget,” reports Dow Jones on the WSJ site.

• WSJ story at this link…

• ITV statement at this link.

Tags: Dow Jones, ITV, stv

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Media Release: Dow Jones grants $515,000 in newspaper fund

Money will support six centres for editing excellence, business reporting training centre and 70 journalism training internships.

Full release at this link…

Tags: Dow Jones

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Reuters: Print advertising downturn ending, says WSJ’s Thomson

Advertisers are looking to spend in more conservative ways, Robert Thomson told a Reuters conference. "People are looking for a safe harbour in times of turbulence." Print advertising is a shrinking but valuable market, he added. While digital ads are still growing at Dow Jones, 'the link between the reader and the ad is more transient online', he said. Full story...

Tags: Dow Jones, Robert Thomson, Wall Street Journal

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MediaGuardian: Murdoch says online WSJ and Dow Jones subscriptions could go up

Online subscription revenues at the Wall Street Journal and Dow Jones could go up by $300m every year for up to three years, according to Rupert Murdoch. Full story...

Tags: Dow Jones, Online subscription revenues, Rupert Murdoch, subscriptions, USA, Wall Street Journal, WSJ

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SIIA conference: Copyright needs standard tagging system, says Dow Jones director

Speaking in a session on copyright on the web at yesterday’s SIIA Global Information Industry Summit, Greg Merkle, vice president and creative director of Dow Jones‘ enterprise division, said a standard system for tagging the copyright of material online is needed – in particular, because of the growing use of social media tools to distribute content.

Dow Jones relies on ‘trust’ and ‘emerging standards’ to prevent news and information, which it releases through social media tools such as RSS feeds, from leaving that network, said Merkle.

“There’s no standard for marking up the copyright of information. We are looking at microformats which is a way to say this is copyrighted,” he said.

“We know users collaborate on information, but there are no provisions and no guidelines. We instill trust and we are banking on emerging standards.”

Tags: Copyright, Dow Jones, Greg Merkle, social media tools

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Reuters: Robert Thomson named managing editor of Wall Street Journal

Former Times editor Robert Thomson has been appointed editor-in-chief of Dow Jones and managing editor of the Wall Street Journal, succeeding Marcus Brauchli.

An op-ed to be published in today’s Journal, will see Thomson admit he made mistakes in his involvement with Brauchli’s departure.

Tags: Dow Jones, Marcus Brauchli, Robert Thomson, Wall Street Journal, Wall Street Journal Former Times, WSJ

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Wall Street Journal appoints chief technology officer

The Wall Street Journal (WSJ) has named Sarabjit ‘Ruby’ Walia as chief technology officer for its digital network.

Walia will manage the technology across WSJ.com and Dow Jones’ sister websites Barrons and MarketWatch.

He joins the Journal from business and financial communications consultancy Financial Dynamics.

“Ruby’s success leading digital technology businesses within large media companies in this space will ensure our ability to innovate and continue to bring users the most effective digital experiences possible to our millions of loyal users,” said Gordon McLeod, president of the WSJ digital network, in a press release.

Tags: Dow Jones, financial communications consultancy, Gordon McLeod, large media, Sarabjit 'Ruby' Walia, success leading digital technology businesses, USA, Wall Street Journal, WSJ, WSJ.com

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WSJ’s managing editor Marcus Brauchli steps down

Marcus Brauchli, managing editor of the Wall Street Journal, is quitting, a press release from the company has confirmed.

Brauchli, who took on the position last May, will become a consultant to News Corporation.

“Following the change in ownership of Dow Jones and the Journal, I have concluded the time is right to consider new career possibilities,” Brauchli said in the release.
“I revere the Journal and hold my colleagues here, both old and new, in the highest regard. There isn’t a better team in journalism, and I will greatly miss working with them on a daily basis.”

Tags: Dow Jones, Marcus Brauchli, News Corporation, USA, Wall Street Journal, WSJ

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