Difference between revisions of "Dow Jones & Company"

From MarketsWiki
Jump to: navigation, search
Line 2: Line 2:
 
| company_name = Dow Jones & Company
 
| company_name = Dow Jones & Company
 
| company_logo =  [[Image:DowJoneslogo.gif]]
 
| company_logo =  [[Image:DowJoneslogo.gif]]
| key_people = CEO Les Hinton
+
| key_people = Les Hinton, CEO; [[Robert Thomson]], Managing Editor
 
| foundation = 1882
 
| foundation = 1882
 
| location = New York City
 
| location = New York City
Line 8: Line 8:
 
| homepage= http://www.dj.com/ }}
 
| homepage= http://www.dj.com/ }}
  
American media giant that owns two of the financial world's most storied information brands - the [[Dow Jones Industrial Average]] and the [[Wall Street Journal]]. The company was acquired in mid-2007 by Rupert's Murdoch's [[News Corporation]].
+
The US media and information group owns two of the financial world's most storied information brands - the  [[Wall Street Journal]] and the [[Dow Jones Industrial Average]], as well as [[Dow Jones Newswires]], [[MarketWatch]] and a stable of specialist financial titles. The company was acquired in mid-2007 by Rupert's Murdoch's [[News Corporation]].
  
 
{{Infobox Midpage Need Sponsor}}
 
{{Infobox Midpage Need Sponsor}}
  
==Media Background==
+
==Media Products==
 
Founded in 1882 by Edward Davis Jones, Charles Henry Dow and Charles Milford Bergstresser <ref>{{cite web|url=http://www.dj.com/TheCompany/AboutDowJones.htm|name=About Dow Jones|org=Dow Jones & Co.|date=April 18, 2008}}</ref> as a consumer newspaper group, Dow Jones and Co. is now a subsidiary of [[News Corporation]].  
 
Founded in 1882 by Edward Davis Jones, Charles Henry Dow and Charles Milford Bergstresser <ref>{{cite web|url=http://www.dj.com/TheCompany/AboutDowJones.htm|name=About Dow Jones|org=Dow Jones & Co.|date=April 18, 2008}}</ref> as a consumer newspaper group, Dow Jones and Co. is now a subsidiary of [[News Corporation]].  
  
Its most successful media product is the NYC-based [[Wall Street Journal]] (WSJ) but it also owns well-known national financial publications [[Barron's]] and [[MarketWatch]]. Internationally, it owns the [[WSJ Asia]] and [[WSJ Europe]] and the Hong Kong-based [[Far Eastern Economic Review]] and it covers China's market online at [[ChineseWSJ.com]]. Dow Jones has also formed successful international joint ventures, most recently to launch the Russian independent business publication Vedomosti in 1999.<ref>{{cite web|url=http://www.dj.com/FactSheets/DowJones.htm|name=Fact Sheet|org=Dow Jones & Co.|date=April 18, 2008}}</ref>  
+
Its best-known media product is the NYC-based [[Wall Street Journal]] (WSJ), which publishes editions in the US, Europe and Asia and operates the wsj.com website. The company also owns [[Barron's]] and [[Financial News]] and the Hong Kong-based [[Far Eastern Economic Review]].
 +
.<ref>{{cite web|url=http://www.dj.com/FactSheets/DowJones.htm|name=Fact Sheet|org=Dow Jones & Co.|date=April 18, 2008}}</ref>  
  
In July 2007 News. Corp. chairman Rupert Murdoch "shocked the media world" by offering $5 billion for Dow Jones, a significant premium to its market value, which was soon accepted.<ref>{{cite web|url=http://topics.nytimes.com/top/news/business/companies/dow_jones_and_company_inc/index.html?inline=nyt-org|name=Dow Jones & Co.|org=New York Times|date=April 18, 2008}}</ref> Murdoch quickly installed Les Hinton,<ref>{{cite web|url=http://www.dj.com/TheCompany/ExecutiveManagement/LesHinton.htm|name=Les Hinton|org=Dow Jones & Co.|date=April 18, 2008}}</ref> the former head of News Corp.'s U.K. operations, as CEO.  
+
News. Corp. chairman Rupert Murdoch offered $5 billion for Dow Jones, a significant premium to its market value. The bid triggered a protracted debate among members of the founding Bancroft family, who still controlled the listed company. News Corp's offer was accepted after a number of safeguards were introduced to protect the editorial independence of the company's media outlets.<ref>{{cite web|url=http://topics.nytimes.com/top/news/business/companies/dow_jones_and_company_inc/index.html?inline=nyt-org|name=Dow Jones & Co.|org=New York Times|date=April 18, 2008}}</ref> Murdoch installed Les Hinton,<ref>{{cite web|url=http://www.dj.com/TheCompany/ExecutiveManagement/LesHinton.htm|name=Les Hinton|org=Dow Jones & Co.|date=April 18, 2008}}</ref> the former head of News Corp.'s U.K. operations, as CEO. [[Robert Thomson]], a former [[Financial Times]] journalist, was appointed managing editor of the WSJ and Newswires operations.  
  
==Other Investor Services==
+
==Other Services==
The company's Enterprise Media Group also contains [[Dow Jones Newswires]], which provides real-time financial information specializing in the [[bonds]] market. [[Dow Jones Indexes]] creates, markets and licenses market-benchmark indexes including the U.S. stock-[[benchmark]] [[Dow Jones Industrial Average]]. It also runs [[Factiva]], a premium media-archive database and content-provider with 1.8 million paid subscribers, including 80 percent of the [[Fortune Global 500]].
+
[[Dow Jones Indexes]] creates, markets and licenses market-benchmark indexes including the U.S. stock-[[benchmark]] [[Dow Jones Industrial Average]]. It also runs [[Factiva]], a premium media-archive database and content-provider with 1.8 million paid subscribers, including 80 percent of the [[Fortune Global 500]].
  
 
==References==
 
==References==

Revision as of 10:42, 8 July 2008

Dow Jones & Company
DowJoneslogo.gif
Founded 1882
Headquarters New York City
Key People Les Hinton, CEO; Robert Thomson, Managing Editor
Products Consumer, enterprise and local media, stock indexes and marketing, conferences
Website http://www.dj.com/

The US media and information group owns two of the financial world's most storied information brands - the Wall Street Journal and the Dow Jones Industrial Average, as well as Dow Jones Newswires, MarketWatch and a stable of specialist financial titles. The company was acquired in mid-2007 by Rupert's Murdoch's News Corporation.

Template:Infobox Midpage Need Sponsor

Media Products

Founded in 1882 by Edward Davis Jones, Charles Henry Dow and Charles Milford Bergstresser [1] as a consumer newspaper group, Dow Jones and Co. is now a subsidiary of News Corporation.

Its best-known media product is the NYC-based Wall Street Journal (WSJ), which publishes editions in the US, Europe and Asia and operates the wsj.com website. The company also owns Barron's and Financial News and the Hong Kong-based Far Eastern Economic Review. .[2]

News. Corp. chairman Rupert Murdoch offered $5 billion for Dow Jones, a significant premium to its market value. The bid triggered a protracted debate among members of the founding Bancroft family, who still controlled the listed company. News Corp's offer was accepted after a number of safeguards were introduced to protect the editorial independence of the company's media outlets.[3] Murdoch installed Les Hinton,[4] the former head of News Corp.'s U.K. operations, as CEO. Robert Thomson, a former Financial Times journalist, was appointed managing editor of the WSJ and Newswires operations.

Other Services

Dow Jones Indexes creates, markets and licenses market-benchmark indexes including the U.S. stock-benchmark Dow Jones Industrial Average. It also runs Factiva, a premium media-archive database and content-provider with 1.8 million paid subscribers, including 80 percent of the Fortune Global 500.

References

  1. About Dow Jones. Dow Jones & Co..
  2. Fact Sheet. Dow Jones & Co..
  3. Dow Jones & Co.. New York Times.
  4. Les Hinton. Dow Jones & Co..