Rupert Murdoch’s Dow Jones & Co announced today that effective immediately (their words, not ours) former Dow Jones Newswires editor Andrew Dowell will be heading up a new “corporate group” that will be covering the goings-on at large companies such as IBM, GE, and “New York retail and fashion.”
The Wall Street Journal editor-in-chief Robert Thomson clarifies:
“We formed the New York corporate group to focus on the importance and raise the visibility of the main corporate beats that the Journal covers. This group will also help to strengthen the cooperation between Newswires and Journal reporters.”
So think: a whole network of wire reporters focused entirely on New York businesses. Sounds like the Journal wants to make itself the go-to publication for covering our fair city and the compa
This is just the latest in Dow Jones’ moves to restructure the way it covers the news. Earlier this week, the Journal publisher unveiled plans to combine is consumer arm of its news coverage with the enterprise operations — or the newswire. Today’s news shows Dow Jones’ first attempt to split up this new combined division into smaller, more manageable (we would imagine) beats.
Press release after the jump.
Wall Street Journal Forms New, New-York Based Corporate Group
Dowell to Lead New Corporate Group, Charged With Coverage of Corporate Beats
NEW YORK, Jan. 7, 2010 (GLOBE NEWSWIRE) — The Wall Street Journal today announced the creation of a new, New York-based corporate group charged with coverage of a number of large companies. Andrew Dowell, currently global news editor of Dow Jones Newswires, has been appointed to lead the new group and will oversee beats, including General Electric, IBM, Procter & Gamble, telecommunications, New York retail and fashion, and recruiting and management.
Mr. Dowell will report to Matt Murray, deputy managing editor of national news for The Wall Street Journal, and Gabriella Stern, senior editor of global news coverage for Dow Jones Newswires. His new role is effective immediately.
“We formed the New York corporate group to focus on the importance and raise the visibility of the main corporate beats that the Journal covers. This group will also help to strengthen the cooperation between Newswires and Journal reporters,” said Robert Thomson, editor-in-chief of Dow Jones & Company and managing editor of The Wall Street Journal. “Andrew is an 11-year veteran of Newswires who will bring expertise and knowledge to this role, and this new group will help add urgency and energy to our extensive corporate coverage.”