Blog Post

Earnings: DJ Continues Move Away From Print Reliance

Last year, Dow Jones reorganized to match its goal to move from am unhealthy reliance on print to what CEO Rich Zannino described again during Thursday’s earnings call as “a more diversified content-driven company.” (I didn’t get to listen to the call live but have been able to catch up thanks to the SeekingAlpha transcript.) Subjects covered included the acquisition from Reuters of the other half of Factiva and its effect on the company, the sale of six papers to finance that acquisition, the WSJ relaunch, Weekend Edition’s ad success, and the increasing contribution of online. Some highlights”
DJ Online: Zannino: “We exceeded our profit plan for Dow Jones Online, helped in large part by MarketWatch. … We