WebProNews

Digital Revenue Becoming More Important To Dow Jones

Dow Jones is about as old a company as you're likely to run into; founded in 1882, it makes at least a couple of countries look young.  It's staying with the times, though, as Rupert Murdoch expects considerably more than half of its revenue will soon come from digital undertakings.

MySpace Experiencing Ad- Related Revenue Difficulties

The good news, from News Corp's perspective, is that MySpace is continuing to grow.  The bad news is that profiting off social ads is tougher than the corporation had expected.

News Corp Considering Yahoo Deal

Rupert Murdoch may end up part of Steve Ballmer's bid to bring Yahoo into the Microsoft fold, depending on how the deal progresses.

Murdoch May Make Wall Street Journal Free

An online-only subscription to the Wall Street Journal usually costs $99, and around 1 million people have judged that to be a reasonable price.  Look for some drastic shifts, though, as Rupert Murdoch intends to lower that first number and increase the second.

MySpace Founders Stick With Murdoch

The term “ridiculously wealthy” may still apply, but MySpace founders Chris DeWolfe and Tom Anderson have renewed their contracts with News Corp., and reports indicate that the pair won’t become quite as rich as they might have wanted.

Murdoch: Free WSJ.com Won't Hurt Paper

Making the Wall Street Journal's online subscription model go the way of the dodo could boost the paper's Internet readership, along with its revenue.

Dow Jones Denies News Corp. Buyout

A report from British news site The Business that Dow Jones had officially been sold to Rupert Murdoch is being called untrue by spokespersons for both the Bancroft family, which owns Dow Jones.

Rumor: MySpace Swap For Yahoo Stake

News Corp could be offering Jerry Yang a deal where they would trade MySpace in exchange for a stake in Yahoo.

Murdoch Would Bolster WSJ's Digital Presence

The letter has it all - bold print, bullet points, and italics.  It’s 1,200 words long.  And it’s signed by billionaire Rupert Murdoch.  That’s right - Murdoch’s most recent communication regarding a Dow Jones takeover has been published by The Wall Street Journal, a Dow Jones property. Which may not have been what the billionaire intended.  “We are disappointed, as I imagine you are, that the details of our proposal and the discussion of the merits of a potential combination have become a matter of public debate,” he wrote to the Bancroft family (which owns Dow Jones).  Yet the letter was unfailingly courteous, and modesty ruled the day.