Pearson and Dow Jones sell stakes in Russian newspaper Vedomosti

Sale marks end of an era for former FT owner as it exits newspaper publishing business after selling its stake to Russian entrepreneur Pearson, which recently agreed to offload the Financial Times, and the publisher of the Wall Street Journal have sold off their stakes in Russian business newspaper Vedomosti.For Pearson the sale represents its final move out of newspaper publishing, having already sold its 50% stake in the Economist and just weeks from completing a deal for Nikkei to takeover the FT, although it still owns a minority stake in book publisher Penguin Random House. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-11-20 00:00:00 UTC ]
News tagged with: #ft owner #50% stake #minority stake #newspaper publishing

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Guardian Media Group to sell 50.1% stake in Trader Media Group

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Dow Jones sues Ransquawk for 'hot news' misappropriation

Dow Jones has sued a London-based aggregation service, Ransquawk, for allegedly accessing its news feed and publishing its content within seconds of its original publication.The legal action - as reported by Reuters - accuses Ransquawk (Real-Time Analysis & News) of "hot news"... Continue reading at The Guardian

[ The Guardian | 2014-01-10 00:00:00 UTC ]
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Johnston Press in talks to sell off Irish newspapers

Johnston Press is trying to dispose of its Irish newspapers. According to the Sunday Times in Ireland, the company "is in advanced talks" to sell its 12 Irish titles to the British advertising executive Malcolm Denmark.The indebted publisher paid about £115m in 2005 to acquire the stable of... Continue reading at The Guardian

[ The Guardian | 2013-12-02 00:00:00 UTC ]
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Dow Jones Turns to Tech for Future Face-Off with Bloomberg

When News Corp strikes out as a stripped-down publishing company in late June, its future fate will hinge on the performance of Dow Jones, a subsidiary that houses the flagship Wall Street Journal and a mish-mash of consumer and business products. ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-30 00:00:00 UTC ]
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Foster sells controlling stake in Rights House

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[ The Bookseller | 2013-05-28 00:00:00 UTC ]
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Pearson buys a small stake in Nook Media, wants a fast track for digital education

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Dow Jones President Todd Larsen Resigns

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Chorion sells Christie stake to Acorn

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Former Dow Jones Digital Boss Gordon McLeod Lands at Krux

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[ AllThingsD | 2012-02-28 00:00:00 UTC ]
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Bloomberg Executive Is Said to Be in Talks to Lead Dow Jones

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[ Editor & Publisher | 2012-01-30 00:00:00 UTC ]
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Ursula K Le Guin launches broadside on Amazon's 'sell it fast, sell it cheap' policy

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