TITLE

Media Forum: Can the WSJ take on the FT?

AUTHOR(S)
Whitehead, Jennifer
PUB. DATE
August 2007
SOURCE
Campaign;8/10/2007, Issue 32, p76
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that media mogul Rupert Murdoch has paid the Bancroft family 5 billion dollars to take the ownership of Dow Jones Newswires. The deal also includes Dow Jones Indexes, the Far Eastern Economic Review, MarketWatch, Factiva and "The Wall Street Journal" (WSJ). But Murdoch wants to make the WSJ a proper rival to the "Financial Times" (FT) in Great Britain. FT is considered as competitor to the WSJ just before confirmation came through that Murdoch had succeeded in his bid.
ACCESSION #
26476522

 

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