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| Dow Jones Deal: All Over But the Shoutin'... |
| Published: July 31, 2007, 12:52 pm |
| Tags: It Just Happened, Bancroft Family, Dow Jones, News Corp, Rupert Murdoch, The Wall Street Journal |
| the payoffs to the Bancrofts' lawyers and bankers, and the inevitable fury of Christopher Bancroft, and the mass defection of Journal staffers to the FT and the Times and, as at least the folks at CJR would have you think, the topless chicks on the front of "Money & Investing": But, yeah, it's basically over. Bancroft Family Accepts |
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| Today's Bancroft-o-Meter: Rupe's Gonna Make It After All? |
| Published: July 31, 2007, 10:19 am |
| Tags: In Other News, Bancroft Family, Dow Jones, News Corp, Rupert Murdoch, The Wall Street Journal |
| if you're an already-rich family try to cash out on your newspaper company — or, for that matter, if you're the State of New York applying for a half-billion dollars — a deadline is but a trifling concern. And so yesterday's 5 p.m. cutoff for the Bancrofts to yea or nay a sale of Dow Jones to News Corporation came and went, and |
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| Today's Bancroft-o-Meter: Busted! |
| Published: July 30, 2007, 5:34 pm |
| Tags: In Other News, Bancroft Family, Dow Jones, News Corp, Newspapers, Rupert Murdoch, The Wall Street Journal |
| more. Jane Cox MacElree, a family matriarch, is still against a deal, but she resigned from some of the trusts she heads because their beneficiaries are in favor. Family lawyers are trying to restructure one of the trusts Christopher Bancroft oversees, because he's against the deal and will vote the shares in opposition, even though some of the |
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| Murdoch Comes Out On Top |
| Published: July 31, 2007, 2:56 pm |
| Tags: Featured Top Post, News, Features, Bancroft Family, Dow Jones, Knight Ridder, News Corp, Rupert Murdoch, The Tribune, Wall Street Journal |
| control of the company. The family has owned the Dow Jones since 1902, and hold 64% of the shareholder vote. The bulk of the voting power is held by the members of the family's oldest generation who are considered primary trustees and family lawyers who are also named trustees. News Corp. needed at least 30-34% of the total shareholder vote from |
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| He Wants You to Want Him to Testify |
| Published: August 1, 2007, 9:45 am |
| Tags: Bancroft Family, Dow Jones, Eliot Spitzer, Ethics, Jim Mcgreevey, Mike Bloomberg, Rudy Giuliani |
| • Leslie Hill, a Bancroft who opposed selling Dow Jones to Rupert Murdoch, resigned as a company director minutes after the deal was sealed late Tuesday. [WSJ] • A New Jersey Superior Court judge angrily instructed ex-governor Jim McGreevey and his wife Dina Matos to settle their divorce case: "You folks do not have the money |
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| Jeffrey Goldberg Wants a Pony |
| Published: August 6, 2007, 1:03 pm |
| Tags: Company Town, Apple, Bancroft Family, Bear Stearns, Blogs, Coach, David Bradley, Dita Von Teese, Dow Jones, Forbes, Jeffrey Goldberg, John Roberts, Milberg Weiss, Phillip Lim, Roger Ailes, Rupert Murdoch, Steve Jobs, Supreme Court, The Atlantic |
| Jones deal went through, the Bancrofts voted to double this quarter's dividend for themselves [NYP] • Murdoch and Ailes's next move? All-out war? (Wait, they're not at war with everyone else already?) [Newsweek]FINANCE • Turns out Forbes senior editor Daniel Lyons was the mysterious writer behind Fake Steve Jobs, the blog mocking |
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| Is Natalie Bancroft Actually The Only Smart Choice For News Corp. Board? [This Is Her First Time At The Rodeo] |
| Published: November 7, 2007, 9:50 am |
| Tags: Bancroft Family, Natalie Bancroft, News Corp, Rupert Murdoch, This Is Her First Time At The Rodeo, Wall Street Journal |
| The poor Bancroft family, former owners of the Wall Street Journal, have bent themselves entirely over new WSJ owner Rupert Murdoch's lap. They've spent the last two months trying to put a... |
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| The Bancroft Family High Jinks: Ongoing! |
| Published: November 7, 2007, 12:05 pm |
| Tags: Company Town, Aaron Charney, Bancroft Family, Bear Stearns, Clarence Thomas, Dow Jones, Goldman Sachs, Gucci, James Cayne, John Mack, Lmvh, Morgan Stanley, New York Times, Nora Ephron, Puma, Rupert Murdoch, Sullivan Amp Cromwell, Sunday Styles, Wall Street, Wall Street Jour |
| • The Bancrofts are so dysfunctional that they missed the deadline for choosing their representative to the new Dow Jones board. Murdoch then vetoed two family nominations before agreeing to Natalie Bancroft, a 27-year-old opera singer and journalism neophyte. Family member Crawford Hill concluded: "This entire, sad and pathetic final |
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| Shareholders Give The Thumbs Up To Murdoch |
| Published: December 14, 2007, 1:23 pm |
| Tags: News, News Corporation, Rupert Murdoch, Shareholders, The Bancroft Family, The Dow Jones, The Wall Street Journal |
| shareholders and the Bancroft family, who owned the |
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| Hedi and LVMH: Together at Last! |
| Published: December 18, 2007, 12:00 pm |
| Tags: Company Town, Bancroft Family, Barack Obama, Bear Stearns, Bill Clinton, Bravo, Cnn, Dewey Amp Leboeuf, Dow Jones, Goldman Sachs, H Amp M, Hedi Slimane, Img, James Cayne, Karl Rove, Lmvh, Newsweek, Osama Bin Laden, Roberto Cavalli, Rupert Murdoch, Wall Street |
| with, but the battle of the Bancrofts rages on. Murdoch memorably won the sale by saying he'd pay the family's fees, but his $30 million burnt offering came in $3 million short. You know it's old money when the family acts all entitled — and then balks at small details like actually paying their lawyers. [Deal Journal/WSJ] • Somehow |
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| Rupert Murdoch Already Wriggling Around ‘Journal’ Restrictions |
| Published: December 18, 2007, 9:00 am |
| Tags: Ink Stained Wretches, Bancroft Family, Dow Jones, Robert Thompson, Rupert Murdoch, Wall Street Journal |
| set up at the request of the Bancroft family when he took over the Journal. Portfolio's Jeff Bercovici reports: Tom Bray, chairman of the five-person committee charged with overseeing compliance of the agreement, notes that it explicitly delineates the authority of the managing editor and editorial page editor but does not do so for the |
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| A Bancroft Calls Out Rupert Murdoch for Going Against His Word |
| Published: April 23, 2008, 6:31 pm |
| Tags: Ink Stained Wretches, Bancroft Family, Marcus Brauchli, News Corp, Rupert Murdoch, Wall Street Journal |
| at least one member of the Bancroft family, who sold Dow Jones to News Corp., is crying foul. "I'm not surprised," Jane Cox MacElree, who controlled 15 percent of the family's Dow Jones shares, told Portfolio's Jeff Bercovici. "This is why I was not in favor of selling the paper to that man. Words mean nothing to him, unless they're his." Ooh, |
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| ‘Journal’ Oversight Committee's Protests Come Too Late |
| Published: April 29, 2008, 6:35 pm |
| Tags: Ink Stained Wretches, Bancroft Family, Dow Jones, Marcus Brauchli, Media, Robert Thomson, Rupert Murdoch, Wall Street Journal |
| a week after the first Bancroft family member called out Rupert Murdoch for violating the terms of his Dow Jones purchase agreement, the editorial oversight board has said that the media baron "failed to meet the letter and the spirit of the agreement." By pushing out managing editor Marcus Brauchli without asking the oversight board's |
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| Robert Thomson Officially Accepts ‘Journal’ Managing-Editor Position |
| Published: May 21, 2008, 10:00 am |
| Tags: Ink Stained Wretches, Bancroft Family, Dow Jones, Media, Robert Thomson, Rupert Murdoch, Wall Street Journal |
| committee set up by the Bancroft family during the sale of Dow Jones to News Corp. needed to sign off on his official appointment, which they did through an announcement yesterday. This will put Thomson in charge of the editorial operations of the second-largest paper in America. He will also retain editorial control of the Dow Jones |
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