Dow Jones Buys Rest of SmartMoney From Hearst
Dow Jones & Co. announced today that it would buy the half of SmartMoney it didn’t already own from Hearst Publications. Dow Jones, a financial-news arm of Rupert Murdoch’s News Corp., now owns 100% of SmartMoney, a print and online personal-finance publication.
SmartMoney joins The Wall Street Journal, Dow Jones Newswires, Barron’s and MarketWatch under the Dow Jones umbrella of financial-news properties.
“Having the SmartMoney franchise 100% integrated with the Dow Jones and Wall Street Journal teams will provide the avenues for the brand to grow exponentially,” said Dow Jones president Todd Larsen in a statement.
The Wall Street Journal had
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