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WSJ Names New Managing Editor

Brauchli

The Wall Street Journal has named a new managing editor to replace Paul E. Steiger, who had held the top job in the newsroom since 1991, writes The New York Times.

Marcus W. Brauchli began his Dow Jones career in 1984 as a copy editor. He worked as a foreign correspondent and has been a deputy managing editor of the paper since December 2005. Steiger, who reaches the mandatory retirement age of 65 later this year, will become the WSJ’s editor at large. Both changes are effective May 15.

L. Gordon Crovitz, publisher of The Journal, said that he selected Brauchli because he has proven to be an agent of change who understands the digital age and the opportunities to be found there

The Journal’s first-quarter advertising revenue is down 1.8 percent compared with a year ago. Dow Jones cites a fall-off in auto and technology advertising. To combat shrinking revenue, the Wall Street Journal has launched a number of initiatives such as launching a Saturday edition, offering advertising on the front page and unveiling a new design.
But while the print publication may be struggling with the same forces that are affecting the newspaper industry as a whole, revenue from Dow Jones’s digital initiatives is growing quickly.

Related topics: Feature, Planning, Newspapers, Interactive, Print...   

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XM Revs up Indy Car Coverage

XM Satellite Radio will air extensive coverage of the 92nd running of the Indianapolis 500 in the days heading up to the May 25 race.

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Ogden Merges Herb Pubs

Ogden’s Herbs for Health magazine is being folded into big-sister publication the Herb Companion.

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B&N Tosses Hubcaps, Asks, ‘How Do You Fix a Flat?

Barnes & Noble is launching a guerilla marketing campaign as part of a larger effort to promote its how-to website, Quamut.com.

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Differences in Media Consumption among Racial Groups

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“Understanding how media consumption behaviors…

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Another Good Year for Millionaire Households

For the sixth consecutive year, the number of millionaire households ($1MM+ net worth, not including primary residence) in the U.S. increased significantly, reaching some 9.9 million, according to TNS’s annual Affluent Market Research Program (AMRP), writes MarketingCharts.

The number of millionaire households…

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