USA: Murdoch gets competition
Murdoch is not the only one who wants to take over the American publishing house Dow Jones. The head of Pearson, Marjorie Scardino, is now interfering with the Australian and is no longer just watching.
The scramble for the American Dow Jones publishing house continues (see: ). Now Pearson CEO Scardino is trying to outbid Murdoch for the Wall Street Journal with a counter offer. As part of Murdoch's media group News Corp., the business newspaper could become a strong competitor for the Financial Times, which belongs to the British media group Pearson. According to the Frankfurter Allgemeine Zeitung, Scardino was in New York last week to find partners for the takeover. Apparently, she is in talks with General Electric and its media division NBC Universal. In addition to the Financial Times, Pearson's newspaper business includes a stake in the Economist and the French business newspaper Les Echos, which the British publisher is considering selling, according to a report by the news agency SDA. The publishing group does most of its business with school and specialist books, as well as Penguin Publishing.
