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Dow Jones, owner of The Wall Street Journal, has announced the creation of a committee to reassess the way it delivers its news across all its print and online publications, The New York Times reports. Paul Ingrassia, president of Dow Jones Newswires and vp of news strategy for Dow Jones, will lead the company wide project. Ingrassia will work with colleagues from The Journal as well as MarketWatch, Barron’s, The Wall Street Journal Online and Dow Jones Newswires to pinpoint the most efficient way to deliver business news and information across all media.
Ingrassia said that the purpose of the project is not to integrate all news operations into one, but rather to enhance the creation of content that differentiates itself from competitors and reducing the amount of content that it considers basic, commodity information, according to the article.
One change that may come out of the project could be a new editorial structure at the company - one that could mean the managing editor of The Journal - currently Paul E. Steiger - would report to a higher corporate editor.
Steiger, who has held the position since 1991, plans to retire at the end of 2007.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
