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Dow Jones buys MarketWatch for $519 million.


Once Federal Trade Commission and shareholder approval are secured by the first quarter of next year, the San Francisco-based business news publisher MarketWatch Inc. will become part of the 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
 Consumer Electronic Publishing An umbrella term for non-paper publishing, which includes publishing online or on media such as CDs and DVDs.  unit.

Observers say Dow Jones & Co.'s intention to pay $519 million in cash represents another step in building its online news operation.

The acquisition includes www.bigcharts.com and www.marketwatch.com--which are both free, ad-supported news services that attract a combined 7.6 million visitors each month--as well as the MarketWatch Information Service group, a licenser of market news, data and investment tools to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 firms and the media.

Dow (Direct OverWrite) See magneto-optic disk.  Jones' Wall Street Journal Online network of sites includes the subscription-based Online Journal, Barron's Online, CareerJournal.com, College-Journal.com, RealEstate Journal.com, StartUpJournal.com, and OpinionJournal.com.

Online Journal's 701,000 subscribers make it the world's largest paid subscription news site. The other sites, which attract about 7 million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions.  per month, are free and ad-based.
COPYRIGHT 2004 The Newsletter on Newsletters LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:The Newsletter on Newsletters
Date:Nov 30, 2004
Words:164
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