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New York, 3:18 PM
Fri Nov 27
13 posts in the last 24 hours

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  • posts about #dowjones more →

    Is the Wall Street Journal Bleeding Cash?

    Dow Jones Industrial Average Reportedly for Sale

    Dow Jones Chief to Stiff British Parliament

    WSJ Editor Slams 'Brain Dead' Times Readers

    "Wall Street" Part of Wall Street Journal Increasingly Meaningless

    WSJ Doesn't Mention Own Company's Market-Crashing Error

    Schwab held $85 million in bad Lehman, WaMu debt

    Barry Diller's finance site: "Completely pointless"

    WSJ Excited To Exploit Financial Catastrophe

    The bubble in personal-finance websites

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of MCWHAMMER MCWHAMMER
    10/14/09

    In reply to Is the Wall Street Journal Bleeding Cash?
    I hope you fellas watch the Rotten Tomatoes show with Brett Erlich. It's delightful... my favorite feature is probably "Weekend Peekend"... and not just because of the awesome name. Frankly I love the theme music for that segment, which I can't quite place.
     Reply
    Edited by MCWHAMMER at 10/14/09 10:09 PM MCWHAMMER was starred MCWHAMMER was unstarred
    Image of goetz goetz
    10/14/09

    In reply to Is the Wall Street Journal Bleeding Cash?
    Do I hear five? Five staffers? Give this story another half hour and they'll have it down to a part-time intern and SmarterChild.
     Reply
    goetz was starred goetz was unstarred
    Image of Gabriel Snyder Gabriel Snyder
    10/14/09

    @goetz: It's actually just three. The two guys on the left are in fact the same person.
     Reply
    Gabriel Snyder was starred Gabriel Snyder was unstarred
    Image of NotChoinski NotChoinski
    10/14/09

    In reply to Is the Wall Street Journal Bleeding Cash?
    The Dow is just lapping 9,999.

    Stock Tease.
     Reply
    NotChoinski was starred NotChoinski was unstarred
    Image of wrongneighborhood wrongneighborhood
    10/14/09

    In reply to Is the Wall Street Journal Bleeding Cash?
    Business Insider just updated this story to say "less than 10 people" work on this show. I guess WSJ has only one dedicated staffer for the show as well.
     Reply
    wrongneighborhood was starred wrongneighborhood was unstarred
    Image of raincoaster raincoaster
    07/14/09

    In reply to Dow Jones Chief to Stiff British Parliament
    I honestly, seriously, have NO idea why this is a story now. Guido Fawkes covered it extensively when it first broke, what, a year and a half ago?



    Knowing the Guardian, there has to be some literally political or media/political reason to scream this from the rooftops at this particular point. Guardianistas smell blood in the water and are circling Coulson, waiting for the kill? Does it have something (or maybe everything) to do with Rebekah Wade's recent career moves?
     Reply
    raincoaster was starred raincoaster was unstarred
    Image of raincoaster raincoaster
    07/14/09

    @raincoaster: I also find it fascinating who's been named as a victim and who has not, such as Boris Johnson, the Mayor of London, who had some problems with his cellphone rather inconveniently just before announcing his candidacy.
     Reply
    raincoaster was starred raincoaster was unstarred
    Image of m4ximusprim3 m4ximusprim3
    07/13/09

    In reply to Dow Jones Chief to Stiff British Parliament
    Gotta love the british understatement of "inviting" him to speak. In murrica, he'd be "invited" with a subpoena and a baseball bat.
     Reply
    m4ximusprim3 was starred m4ximusprim3 was unstarred
    Image of Hydroceph Hydroceph
    04/30/09

    In reply to WSJ Editor Slams 'Brain Dead' Times Readers
    That's OK. The editors of the The Economist think the readers of both are tools.
     Reply
    Hydroceph was starred Hydroceph was unstarred
    Image of depardoo depardoo
    04/30/09

    In reply to WSJ Editor Slams 'Brain Dead' Times Readers
    I suspected the WSJ was on the road to ruin the day it used the same front page color photo of Alex Rodriquez as appeared on the cover of the NY Post. And the Post headline read "A-Hole". A color photo of a sports figure on the cover page of the WSJ? Trouble.
     Reply
    depardoo was starred depardoo was unstarred
    Image of Mediahohoho Mediahohoho
    04/30/09

    In reply to WSJ Editor Slams 'Brain Dead' Times Readers
    I'd like to take a look at the pink sheet to see how many of their copies are due to bulk sales, how many go unread in magazine dorms, etc. Not saying they're lying, but hey, it is Murdoch. Ethics isn't exactly his forte.
     Reply
    Mediahohoho was starred Mediahohoho was unstarred
    Image of ChillbearLatrigue ChillbearLatrigue
    04/30/09

    In reply to WSJ Editor Slams 'Brain Dead' Times Readers
    I really could care less if WSJ is mean about there success. I have a few ideas why it the Wall Street Journal is doing well in the face of the declining industry.


    1) The Wall Street Journal consistently practices journalistic ethics. They may not have an breaking new story every week, but they also don't have to print apology articles a few days after they "scoop" other papers.


    2) The WSJ doesn't give away their online content. I read the NYT on my iPhone for free, which benefits me and nets the Times no money. I wouldn't buy a copy of the Times otherwise, but a lot of other people would.


    3) Growth of sales in a financial newspaper may be a reflection of the tough economic times. While the NYT actually has a very excellent business section, the paper is not famous for its financial reporting. If there was a plague, more people might be drawn to The New England Journal of Medicine. I know I bought more issues of Scientific American when the ethanol canard and global warming "crisis" started to become topical.


    I think that I missed the "brutal attack" on rivals in this memo. I guess it would be insensitive to say to an editor of the NYT's, but this was supposed to be an internal document. The article makes it sound like Thomson's memo was somehow more provocative than printing this in an editorial page.

     Reply
    ChillbearLatrigue was starred ChillbearLatrigue was unstarred
    Image of momof3wildkids momof3wildkids
    04/30/09

    @ChillbearLatrigue: I especially agree with point 2. Free content online will be a thing of the past in the not to distant future for both magazines and newspapers. Online ad revenues are minimal.


    Not a fan of Murdoch, but he was right to charge for online access to WSJ (though it took him a while to get there). If a newspaper doesn't value its content enough to charge for it, it probably isn't worth reading. This is already beginning to happen with medical journals and other periodicals.


    Point 1 is also very true.


    BTW, the WSJ has a fabulous wine column.

     Reply
    momof3wildkids was starred momof3wildkids was unstarred
    Image of DennyCrane DennyCrane
    04/30/09

    @ChillbearLatrigue: Sadly, I don't believe accuracy (or lack thereof) actually has an effect on subscriber numbers. Nor do I think the WSJ is that much more accurate than other papers nationwide (except the NYT, which is a hot mess).
     Reply
    DennyCrane was starred DennyCrane was unstarred
    Image of PandoraSpocks PandoraSpocks
    04/30/09

    @momof3wildkids: "Free content online will be a thing of the past in the not to distant future for both magazines and newspapers." That's one scenario. The other is magazines drop the print version, try to make us pay online and discover we won't and disappear altogether.@ChillbearLatrigue: And it is a very well written memo, unlike most internal docs at the other papers.
     Reply
    PandoraSpocks was starred PandoraSpocks was unstarred
    Image of ethylic ethylic
    04/30/09

    In reply to WSJ Editor Slams 'Brain Dead' Times Readers
    ABC stats, with no bull, spin, gawker snark, etc:


    Daily circulation at The New York Times dropped 3.5% to 1,039,031. The Times' Sunday circulation was down 1.7% to 1,451,233.


    Daily circulation at The Wall Street Journal was up a fraction 0.6% to 2,082,189.


    New York's Daily News was off 14% in circ, but rival New York Post lost even more, at minus 20%.


    Newscorp owns WSP and NYP. You gain some, you lose a shitload more.


    [www.editorandpublisher.com]

     Reply
    ethylic was starred ethylic was unstarred
    Image of Nicholas Carlson Nicholas Carlson
    04/30/09

    @ethylic: Right, but the WSJ double its subscription discounting in the past year.


    Though I'm sure the NYT has too…

     Reply
    Nicholas Carlson was starred Nicholas Carlson was unstarred
    Image of MediaZombie MediaZombie
    04/30/09

    In reply to WSJ Editor Slams 'Brain Dead' Times Readers
    I've heard rumors about bundles of extra WSJ's being given to newspaper distributors in an attempt to increase circulation numbers.
     Reply
    MediaZombie was starred MediaZombie was unstarred
    Image of DennyCrane DennyCrane
    04/30/09

    @MediaZombie: Rumors? Fuck, all you have to do is walk around Herald Square.
     Reply
    DennyCrane was starred DennyCrane was unstarred
    Image of Darehead Darehead
    12/07/08

    In reply to "Wall Street" Part of Wall Street Journal Increasingly Meaningless
    Y'alls Twitt Urinal?
     Reply
    Darehead was starred Darehead was unstarred
    Image of cassandra cassandra
    12/07/08

    In reply to "Wall Street" Part of Wall Street Journal Increasingly Meaningless
    Thomson is Australian, not British. I'm not sure how that affects your illusory "wiliness" matrix but it's worth getting it right.
     Reply
    cassandra was starred cassandra was unstarred
    Image of Vivien Smith-Smythe-Smith Vivien Smith-Smythe-Smith
    12/07/08

    @cassandra: Have you been to Australia? It's teeming with lethal animals; you can't help but grow up wily. It's a survival tactic.
     Reply
    Vivien Smith-Smythe-Smith was starred Vivien Smith-Smythe-Smith was unstarred
    Image of naugahydeinplainsight naugahydeinplainsight
    10/30/08

    In reply to WSJ Doesn't Mention Own Company's Market-Crashing Error
    Turd on the Street
     Reply
    naugahydeinplainsight was starred naugahydeinplainsight was unstarred
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