It’s official: AllThingsD and Dow Jones are done. According to a statement just released by Gerard Baker, editor of Dow Jones and managing editor of The Wall Street Journal, AllThingsD and Dow Jones will not sign a contract extension. In the memo, the move is billed as “a mutual separation.”
We first heard rumblings that Kara Swisher and Walt Mossberg — the founders of AllThingsD — were trying to find investors that might be interested in buying a stake in the site late last month. To that end, Fortune is reporting that there are talks underway with Comcast and NBC Universal.
The separation of AllThingsD and Dow Jones also means the end of Mossberg’s tenure at The Wall Street Journal. He had been with the paper since 1970.
Read Baker’s full memo below.
For years, Dow Jones/The Wall Street Journal has enjoyed working with Walt Mossberg and Kara Swisher to bring the best of tech coverage to readers around the world under the All Things Digital brand, however, after discussions, both parties have decided not to renew the agreement when the contract expires at the end of this year.
Technology is the central driver of economic growth and the Journal is committed to being the indispensable global source of news and information in this critical area. We plan to embark on a major global expansion of our technology coverage, which will include adding 20 reviewers, bloggers, visual journalists, editors, and reporters covering digital. As part of this global push, we will also be expanding our conference franchise to include an international technology conference and building a new digital home for our first-class technology news and product reviews on The Wall Street Journal Digital Network. This new initiative will be an integral part of The Wall Street Journal and will be rooted in the Journal’s reputation for excellent, fair, objective, reliable and stimulating journalism.
As part of the mutual separation, Walt Mossberg will be leaving the Journal at the end of this year. I want to offer heartfelt thanks for more than twenty years of Personal Technology columns as well as his very fine reporting on national and international affairs in the years before he turned his attention to technology coverage.”
–Gerard Baker, Editor in Chief of Dow Jones and Managing Editor of The Wall Street Journal