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    Bloomberg exec in talks to run New Corp's Dow Jones

    Reuters – Fri, Jan 27, 2012

    (Reuters) - Rupert Murdoch's News Corp is in "serious talks" to poach veteran Bloomberg LP executive Lex Fenwick to run its Dow Jones publishing business, which houses the Wall Street Journal, according to two people familiar with the discussions.

    Fenwick, who founded Bloomberg Ventures in 2008, was previously chief executive of Bloomberg LP, taking over from the company founder Michael Bloomberg in December 2001.

    Wall Street Journal reported news of the talks earlier on Friday.

    The top job at Dow Jones has been vacant since last July when then-Publisher and Chief Executive Les Hinton resigned in the wake of the phone-hacking scandal at News Corp's UK newspaper unit, which had previously run.

    Hinton told a UK parliamentary inquiry in 2009 that any problem with phone hacking at the company's papers was limited to one case. It was later revealed that thousands of ordinary people and celebrities had been the victims of the voice mail hacking.

    Hinton, who worked with News Corp for 52 years, was perhaps Murdoch's closest associate.

    Bloomberg and Dow Jones compete with Thomson Reuters.

    (Reporting By Yinka Adegoke; Editing by Steve Orlofsky)

     

    5 comments

    • AdcjioaJ
      AdcjioaJ  •  25 days ago
      Both of them deserve life in prison without possibility of parole. These men are the worst of the worst.
    • ElvisQ
      ElvisQ  •  25 days ago
      Interesting. It will be interesting to see people explain how Murdoch's empire just happens to contain both FOX Newts and Dow Jones Publishing. Just a coincidence of course that politics and money are intertwined in the doings of the monied elite as they run the world.
    • Thomas
      Thomas  •  Salisbury, Maryland  •  25 days ago
      He's got to better than Peter Kann - who drove the company so far down that it was taken over by News Corp!!!!
    • TallDudeRetired
      TallDudeRetired  •  25 days ago
      Oh let Rupert run it...he needs something to do in his English Prison Cell and since the Wall St Journal has been totally destroyed by Rupert who made it into a Business Level National Inquire for the GOP and TEA PARTY
    • Cole Trickle
      Cole Trickle  •  Chicago, Illinois  •  25 days ago
      more jews planning to rule the world
     Post a comment
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