Dow Jones & Company Makes Headlines In Times Square on New Year's Eve; Dow Jones Newswires works the Zipper.Business Editors NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY--(BUSINESS WIRE)--December 20, 1999 Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance & Company has plans for New Year's Eve. The world famous "Zipper zipper Device for binding the edges of an opening, as on a garment or a bag. A zipper consists of two strips of material with metal or plastic teeth along the edges, and a sliding piece that interlocks the teeth when moved in one direction and separates them again when moved ," the 369-foot-long electronic news ticker  This article or section may deal primarily with the U.S. and may not present a worldwide view. scrolling around Times Square will feature "millennium milestones," headlines from the last 1000 years. Revelers in Times Square and around the world will be able to read history's most famous headlines. Editors of Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July have prepared nine hours of news headlines covering the last 1000 years of global history. Events as spectacular as the reported discovery of America, the Crusades and the relocation of the Brooklyn Dodgers to the West Coast will roll by at 180 characters per minute. Richard Levine, Vice President of Dow Jones Newswires comments, "We want to provide the Times Square audience with an informative, thought-provoking and entertaining collection of headlines to kick off the new millennium." Dow Jones Newswires has operated the Zipper since 1995 with its own news feeds as well as those from both the Associated Press and ESPN/SportsTicker. News headlines from the years from 1000 through 1899 will begin scrolling at 2 on December 31st. Readers will see headlines about political and military developments, inventions, protests, natural disasters, world leaders and commerce. A second package of "millennium milestones" will follow capturing the key stories of every year from 1900 through 1999. Real-Time Will Roll, Too While updating the world on the events of the past, Dow Jones Newswires will broadcast real-time news on the Zipper periodically throughout each hour. Times Square is known as the "Crossroads of the World Designed by Robert V. Derrah and built in 1936, the Crossroads of the World has been called America's first modern shopping mall. Located on Sunset Boulevard and Las Palmas in Los Angeles, the mall features a central building designed to resemble an ocean liner surrounded by a ." Peter Kann, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Dow Jones & Company, said, "This is a dramatic moment in history and Dow Jones is delighted to be there as a news provider in Times Square. It's an exciting adventure in capitalism." History of the Zipper The Zipper has been flashing headlines at One Times Square since 1928. Dow Jones began operating the sign in 1995 under a lease that runs through 2006 with an option to renew through 2011. Since 1995, Dow Jones has provided a 24-hour mix of business and general news, time and weather updates, as well as sports news. In 1997, Dow Jones contracted with Artkraft Strauss Sign Corp. and Daktronics Inc. to include microprocessor technology to improve the clarity, speed, reliability and energy efficiency of the electronic billboard. The Zipper now uses more than 235,000 amber LED's, making it much more visible than the old 12,400-light-bulb display, which was difficult to read in bright sunlight. The "millennium milestone" programming is the first "show" of its kind to air on the Zipper. Ann Marks, Vice President and Chief Corporate Marketing Officer of Dow Jones, is excited about the idea, "This is a perfect way for Dow Jones to contribute to the New Year's Eve Millennium celebration. We value the opportunity to share the event with millions of people around the globe." Dow Jones & Company (NYSE NYSE See: New York Stock Exchange : DJ; www.dj.com) publishes The Wall Street Journal and its international and Interactive editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Newswires, dowjones.com, Dow Jones Indexes, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters group of Factiva and with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. of the CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. television operations in Europe and Asia. Dow Jones also provides news content to CNBC in the U.S. |
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