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Gordon Crovitz

Love It Or Hate It, Business Insider Raises $7 Million Round

Sep 22, 2011 12:30 PM

Financial and media news online site network Business Insider has raised $7 million for what founder and editor Henry Blodget says will be a “ton more cool stuff over the next couple of years.”

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Posted In: Media & Publishing, Online News, Money, M&A & Venture Capital, Venture Capital, Social Media, allen & co, business insider, gordon crovitz, institutional venture partners, ken lerer, marc andreessen, rre ventures

Exclusive
Price Tag For Journalism Online Could Go As High As $45 Million

Mar 24, 2011 8:38 PM

RR Donnelley execs aren’t talking —neither are Steve Brill and Gordon Crovitz, at least about deal details—but paidContent has learned from multiple sources that the value of the Journalism Online-Press+ deal is in the range of $35-to-$45 million, including possible earnouts. When I spoke with News Corp.‘s Jon Housman earlier…

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Posted In: E-Commerce, Features, Exclusive, Media & Publishing, Newspapers, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, News Corp., Dow Jones, Wall Street Journal, gordon crovitz, journalism online, press+, rr donnelley, steve brill

Brill, Crovitz & Co. Sell Journalism Online To RR Donnelly

Mar 24, 2011 7:15 AM

That was fast. Just shy of two years after launch, Steve Brill, Gordon Crovitz and Leo Hindery Jr. have sold their “make journalism pay” business to someone who already makes money from publishing. Chicago-based R. R. Donnelley & Sons Co. has acquired Journalism Online and its consumer-facing Press+ paid content…

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Posted In: Media & Publishing, Newspapers, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, gordon crovitz, journalism online, leo hindery, r.r. donnelley, steve brill

@ pC2011: Paywalls And Their Discontents

Mar 4, 2011 1:17 AM

As the NYTimes.com prepares to launch its metered pay model any day now, the topic of paywalls is something every media organization is exploring. The views on the value of charging readers flew back and forth during an afternoon session at the paidContent 2011 conference, where Robert Andrews, UK Editor,…

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Posted In: Events, ContentNext Events, paidContent 2011, Companies, Pearson, Financial Times, FT.com, gordon crovitz, justin smith, rob grimshaw, robert andrews

News Corp. Acquires Skiff IP; Buys Stake In Brill And Crovitz Startup

Jun 14, 2010 12:59 PM

Updated: In a doubleheader announcement meant to move the needle on Rupert Murdoch’s ambitious paid content plans, News Corp has acquired the Skiff e-reading platform from the Hearst startup and is joining forces with Steve Brill and Gordon Crovitz through a stake in their start-up Journalism Online. The Skiff acquisition…

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Posted In: Media & Publishing, Newspapers, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Hearst, News Corp., gordon crovitz, jon housman, journalism online, rupert murdoch, skiff, steve brill

Exclusive
Memo: Journalism Online To Publishers: ‘No Longer If But When And How’

Feb 2, 2010 4:38 PM

Observers aren’t the only ones hearing more about Journalism Online and its plans for Press+ today. The company’s affiliates—publishers who have gone beyond expressing an interest but may not have committed yet—got a combo update/pitch, obtained by paidContent and published below.

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Posted In: Features, Exclusive, Media & Publishing, Online News, gordon crovitz, journalism online, steve brill

Exclusive
Journalism Online’s Private Beta Goes Public; First Press+ Screenshots

Feb 2, 2010 4:26 PM

Finally some clarity after months of mystery about possible affiliates and constant questions about whether Journalism Online is reality or vaporware. A private beta has been underway for weeks but JO founders Steve Brill and Gordon Crovitz declined until now to identify any of the affiliates taking part. Turns out…

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Posted In: Features, Exclusive, Media & Publishing, Online News, gordon crovitz, journalism online, steve brill

Crovitz & ZelnickMedia Working On BusinessWeek Bid?

Sep 23, 2009 1:40 PM

Updated: BusinessWeek is reporting that former WSJ publisher and Dow Jones (NYSE: NWS) exec Gordon Crovitz is “teaming” with ZelnickMedia in a run for the magazine, citing “executives familiar with the matter.” It’s far more likely that he is advising Zelnick on a possible bid: Crovitz worked with Zelnick and…

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Posted In: Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions, businessweek, gordon crovitz, mcgraw-hill, strauss zelnick, zelnickmedia

Journalism Online Says Letters Of Intent Now Cover More 1,000 Media Outlets; Does it Matter?

Sep 14, 2009 4:15 PM

Journalism Online says companies representing more than 1,000 newspapers, magazines and online media outlets have signed letters of intent to work with the startup on “freemium” models and that the collective number of monthly uniques for those sites passes 100 million. In the end, all that really matters is how…

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Posted In: E-Commerce, Payment Systems, Micropayments, Media & Publishing, Magazines, Newspapers, gordon crovitz, journalism online

Journalism Online Adds Non-Profit Support With IWPR As Launch Partner

Aug 20, 2009 10:15 AM

Journalism Online hasn’t moved beyond letters of intent on the commercial side but the Steve Brill-Gordon Crovitz-Leo Hindery Jr. enterprise is adding a non-profit service that already has a launch partner: the London-based Institute for War and Peace Reporting (IWPR). The non-profit service announced this morning (these are intentional non-profits,…

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Posted In: E-Commerce, Payment Systems, Micropayments, Media & Publishing, Magazines, Newspapers, Non-Profit, Online News, gordon crovitz, journalism online, steve brill

Journalism Online Offers Up ‘Letters Of Intent’ From Possible Affiliates—But No Names

Aug 13, 2009 2:45 PM

Journalism Online, the new make-journalism-pay venture from Steve Brill, Gordon Crovitz and Leo Hindery, has letters of intent from newspaper publishers representing 506 newspapers, magazine and “leading global news sites” but isn’t identifying any by name. That’s after weeks of promising a list of interested publishers. They will be announced,…

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Posted In: Media & Publishing, Magazines, Newspapers, Online News, Companies, Guardian Media Group, gordon crovitz, journalism online, steve brill

Interview, Steve Brill, Part I: ‘We Shouldn’t Sue, We Should Do It’

Apr 14, 2009 11:02 PM

How did Steve Brill, Gordon Crovitz and Leo Hindery, Jr., wind up cofounding a venture to make online journalism pay? Or, in this case, Journalism Online, LLC. It dates as far back as the ‘90s when Hindery almost wound up owning a stake in Brill’s CourtTV joint venture only to…

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Posted In: E-Commerce, Media & Publishing, Newspapers, Money, M&A & Venture Capital, Venture Capital, gordon crovitz, leo hindery, steve brill

Brill, Crovitz, Hindery Launch E-Commerce Venture For News Business

Apr 14, 2009 2:09 PM

The news business has problems and entrepreneur Steve Brill, former Wall Street Journal publisher Gordon Crovitz and cable guy-turned-investor Leo Hindery, Jr. think they have the answers. The three are founding Journalism Online, LLC, funded with an undisclosed amount by Hindery’s InterMedia Advisors, LLP, to provide news publishers with content-based…

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Posted In: E-Commerce, Media & Publishing, Newspapers, Money, M&A & Venture Capital, Venture Capital, gordon crovitz, leo hindery, steve brill

@ SIIA: Pearson CEO Scardino: The Right Media Business Model? Think More ‘Ralph Lauren’ Less ‘NYT’

Jan 27, 2009 9:43 AM

Uncertainty and apprehension about the future are the underlying emotions at the morning sessions at the SIIA Industry Summit. In her opening keynote, Marjorie Scardino, CEO of Pearson (NYSE: PSO), which publishes FT, talked about traditional media companies having to look beyond content creation as their reason for existing. As…

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Posted In: Advertising, Media & Publishing, Magazines, Newspapers, Companies, New York Times, gordon crovitz, marjorie scardino

@ SIIA: Gordon Crovitz: Consumer Media Woes A Warning To Biz Media; ‘Hybrid Model Works Very Well’

Jan 31, 2008 8:37 AM

Though he didn’t directly come out and say it,ex-WSJ publisher Gordon Crovitz, had a different message in his SIIA keynote than what we heard yesterday from Reuters CEO Tom Glocer. While Glocer expressed confidence that business media was not in as much trouble as consumer media, Crovitz contends that it’s…

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Posted In: Media & Publishing, Newspapers, Companies, News Corp., Dow Jones, Wall Street Journal, gordon crovitz

The Exit Interview: WSJ Publisher Gordon Crovitz

Dec 9, 2007 2:14 AM

One of the senior Dow Jones (NYSE: DJ) executives to leave as News Corp. (NYSE: NWS) is swooping in is Gordon Crovitz, the Publisher of The Wall Street Journal, EVP of Dow Jones & Company, and president of the Company’s Consumer Media Group. He will leave as the acquisition closes…

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Posted In: Companies, News Corp., Dow Jones, Wall Street Journal, gordon crovitz

More Dow Jones: Crovitz’s Exit Is Official; The Memo

Dec 7, 2007 12:11 PM

It is official: The publisher of Wall Street Journal Gordon Crovitz (and a good friend of ours) will be leaving Dow Jones (NYSE: NWS) after the acquisition closes next week. Crovitz, before being appointed the publisher of WSJ, was president of the Electronic Publishing Group where he oversaw the launch…

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Posted In: Companies, News Corp., Dow Jones, Wall Street Journal, gordon crovitz, robert thomson

Dow Jones CEO Zannino to Leave Upon Sale Closing; Plummer and Crovitz May Go Next

Dec 6, 2007 2:58 PM

This was expected: Dow Jones (NYSE: DJ) CEO Richard Zannino will leave the company upon the closing of its sale to News Corp., (NYSE: NWS) planned for next week, the company has just announced. News Corp. says it will be announcing a successor shortly. Release. WSJ has posted a copy…

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Posted In: Companies, News Corp., Dow Jones, Wall Street Journal, gordon crovitz, rich zannino

FOBM Video: After The Deal: Gordon Crovitz on the NWS-DJ Transition

Nov 16, 2007 1:16 AM

Given Rupert Murdoch’s comments this week about expecting WSJ.com to go free, we thought we’d share the video of a Q&A by executive editor Staci D. Kramer with Gordon Crovitz from our recent conference on the Future of Business Media. Crovitz, a former journalist, is the publisher of the WSJ…

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Posted In: Media & Publishing, Newspapers, Companies, News Corp., Dow Jones, Wall Street Journal, Countries, gordon crovitz

@ FOBM: The Latest from Dow Jones: Gordon Crovitz on the Transition

Oct 30, 2007 9:15 AM

With the buyout of Dow Jones (NYSE: NWS) nearing completion, Wall Street Journal publisher Gordon Crovitz chatted with paidContent.org executive editor Staci Kramer, at the Future of Business Media conference. Discussion centered on the topics of the day: the merger, making the Journal free, the role of subscription revenue. —Wall…

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Posted In: Companies, News Corp., Dow Jones, Wall Street Journal, Fox, Fox Interactive Media, contentnext media, gordon crovitz, staci kramer

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