In addition, the substantial licensing businesses of MarketWatch provide additional assets, such as online charting and other tools that will strengthen Dow Jones as a licensor in the business-to-business market. Gordon Crovitz, senior vice president of Dow Jones and president of its Electronic Publishing group. Its content will be used across Dow Jonesjust as Dow Jones content will enrich the MarketWatch products for its users, said L. Like Dow Jones, MarketWatch is a journalistic enterprise at its roots. With a nearly tripling of the reach of our online network, we will take even greater advantage of continued strong growth in both online usage and advertising. This scale ranks us among the worlds largest business and financial news and information Web sites. Zannino, chief operating officer and executive vice president of Dow Jones. Together, The Wall Street Journal network of sites and MarketWatch attract close to 9 million unduplicated unique visitors per month, said Richard F. We now can deliver high-quality news to a much larger audience and offer advertisers the opportunity to reach a broader range of affluent decision-makers.
Kann, chairman and chief executive officer of Dow Jones. The MarketWatch acquisition offers Dow Jones shareholders real value by accelerating the growth of our already successful and rapidly growing online operations by adding the dynamic MarketWatch brand that reaches a complementary, but larger, audience for online business and financial news, said Peter R. 24, 2005)≽ow Jones & Company (NYSE: DJ) has closed its acquisition of MarketWatch, a leading provider of business news, financial information and analytical tools, for approximately $528 millionor $18 per fully diluted common shareor approximately $453 million net of cash at MarketWatch. DOW JONES & COMPANY CLOSES $519 MILLION MARKETWATCH ACQUISITIONĬompany Extends Its Presence in Fast-Growing
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