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Continue (As yet no reviews) Write a Review Of the Number of Price Applied (No Reviews Yet) Write review Item: #H04WBS Weight: 1.00 LBS Author: James K. Sebenius Bestseller: FALSE Classic: FALSE Copyright Permian Flag: TRUE Educator Message Flag: FALSE Exclusive: FALSE Industry: Sports Primary Category: HBR Digital Publish Date: April 10, 2019 Publish Date Range: The Last 12 Months Related Topics: Competitive Strategy Related Topics: Talks Special Value: FALSE Subcategory: Communication Theme: SubjectList Communication: Competitive Strategy, Filter Type Talks: PDF Item: #H04WBS Industry: Sports Publishing Date: April 10, 2019 Publish Date: April 10, 2019 Related topics: Newsletter Promo Summary and excerpts from recent books, special offers, and more from the Harvard Business Press Review. August 6, 2007 12:01am ET Order Reprints Print Articles SOME READERS HAVE ASKED WHAT FUTURE HOLDS for Barron Now, when its parent company, Dow Jones, agreed to be bought by 's News Corp. We hope that someday this could mean, among other things, Barron's TV show on the soon-to-be-launched Fox Business Channel, perhaps more distribution of Barron's content in places like India and China, and more investment in Barron's Online, so that, for example, readers can more easily exchange views on their investments. This will not mean any change in the standards of accuracy, fairness and authority that underpin our journalism. Readers rely on Barron to give them a front row seat on Wall Street, so we can let them know what professionals think - and let them know when we feel the pros got it wrong or pushed the trend too far. The latest example: this week's cover story about missed opportunities in the junk bond market. Readers depend on our judgment to help them invest, whether for their children's education or for their own retirement. Any undue influence on these judgments will damage our relationship with readers and harm our business. Rupert Murdoch knows that. A few weeks ago, discussing journalistic ethics with members of the Bancroft family that controlled the Dow Jones and for more than a century, Murdoch said: Any interference - or even a hint of interference - would violate the trust that exists between the newspaper and its readers, something I don't want to face. Aside from breaching public trust, it's just going to be a bad business. To that end, News Corp. and Bancrofts have agreed on standards that will apply to all Dow Jones publications and are modeled on the basis of the LongStanding Dow Jones Code of Conduct. Among them: The facts are accurate and fairly presented. Analyses represent the best the judgments of publications, not their preferences or preferences of their owner, sources, advertisers or information providers. Information. represent only the editorial philosophy of the applicable publication, based on the basic principle of free people and free markets. There are no hidden agendas in any journalistic endeavors. Precision and Fairness extend to coverage of any real or perceived business interests of News Corp. a special independent committee has been tasked with helping ensure that these standards apply to all Dow Jones publications and services, including Barron.' We are grateful to Bancrofts, Dow Jones and News Corp. for adopting these guidelines. They are the cornerstone of great journalism and a profitable journalistic enterprise. So what does this mean for readers? We hope this means even better than Barron and we will do everything we can to make it so. Edwin A. Finn is the editor and publisher of SOME READERS HAVE ASKED WHAT FUTURE HOLDS for Barron now that his parent company, Dow Jones, has agreed to be bought by Rupert Murdoch News Corp. The error occurred, please try again later. Thanks this article was sent to Clear that e-books are the future of printed works, even if now Amazon Kindle is the only device that demonstrates the power of the new environment. But with the news that Rupert Murdoch wants in on the site, and with Verizon being courted by e-book creators, it looks like a triumph of the new tech is secured. Murdoch's interest in e-books has surfaced via AllThingsD: His company is certainly investing cash in a new e-reader that has a big screen and four colors. It is clearly designed as a competitor to the Amazon Kindle, which has a rather diminutive screen more suited to reading books than magazine or newspaper style content, and can simply display black and white or gray images. This News Corp will be showing interest in e-books not really so many surprises-end print paper news industry is being accelerated by the failing economy and technology promotion, and if News Corp wants to stay on top of the game it is only natural to embrace the next big thing. You can imagine similar discussions taking place in newspaper boardrooms when the color of print became possible. There's also news that Verizon has approached e-book manufacturers on the topic of integrating wireless download systems into their technology. It's a direct parallel to The Built-in Connection Of Kindle and Kindle 2, making them strong gadgets: if you want a new book when you're out and about, you can just download it. Speaking at the CTIA Wireless Technology Fair, Verizon's man responsible for accessing non-phone devices, Tony Lewis, noted that five companies have approached Verizon. He wouldn't name them, of course, but he suggested that some might be interested in offering content that Amazon has current non-like college textbooks. ATT has also entertained similar requests, as well as the company's consumer services Ralph de la Vega notes that because of its similarities with other cellular networks around the world, ATT is interesting for e-book manufacturers who have their eyes in global markets. With all this attention starting to whirl around e-books, it looks like they will evolve from niche, mostly US-focused gadgets they currently have in the global phenomenon pretty quickly. All that seems to be advances in e-paper/electronic ink technology and smart business models are two things that the Financial Watch News Corps can certainly help with. (via Gizmodo, Electronics) Today British tycoon and Virgin chairman Richard Branson is diving from the sky into a new venture: the iPad is the only magazine called the project. Sources say the magazine is expected to hit the iTunes store Tuesday, and thus take the first swing on a new digital news platform that has already seen big investments from Rupert Murdoch's News Corp.Video front-cap project leaked today, and features Jeff Bridges and Wired-Meets-G' watch. The publication will focus on technology, entertainment, entrepreneurship and promises to be within a flashy distance from the cutting edge. Will the project help revolutionize the way we consume the media? Or is it just another haphazard attempt by Branson to get his foot in the door of a new industry? A blog post published last week on the magazine's website suggests the company at least knows what it's against. Under the modest headline Welcome to the Future, the project's author calls the venture a blind step in a potentially humiliating void. The post focuses on the promise of the iPad: Apple's tablet will, in no particular order, a) single-handedly keep printed smes, b) revolutionize book publishing, c) force a re-examination of the consumption of news and d) you put . But the author of the project is also wary of competitors. Last week, rumors emerged of a joint development by Apple and News Corp. for the Daily, only for the iPad newspaper, which would cost just 99 cents a week. While prices and other details have not been revealed, the project says it welcomes competitive: Reports have emerged that Rupert Murdoch will soon launch an iPad-only newspaper called The Daily, after he came to him in his sleep or something. Which, like all Murdoch products, will surely enrich humanity with its unbiased political analysis and sliding coverage of the explosion of shit. Also: hi-def nudity, fingers crossed. But the fact is: the irascible Aussie despot doesn't throw his corked hat into a cyber ring until he's confident in the market. It's not every day I get an invitation from Rupert Murdoch and Jerry Hall to visit their penthouse in New York. Though I met Mrs. Murdoch many years ago, when she was Mrs. Jagger or less) we did not maintain acquaintance, and as for her current husband, let's say we do not travel in the same and we've probably never supported the same political candidate. How can I resist? I was invited as a wine critic - Murdoch bought a vineyard in Bel Air called Moraga in 2013. One of the few registered wineries in Los Angeles County, Moraga is the legacy of the late Tom Jones, an aerospace executive who decided in the 1970s to plant vines in one of the most expensive postcodes in the country. After answering yes, I got an address: a skinny new tower in the Flatiron area. I set my bona fides with the doorman and was rocketing about 60 floors. The penthouse was a dazzling, literally- glass box full of sunlight and exquisitely tasted modern furniture (courtesy of decorators Jay Johnson and Tom Kashin), with panoramic views of the city. The pyramid roof of the old Metropolitan Life tower seemed close enough to touch. He didn't look like Darth Vader, but I still felt a repentance of fear. A few employees introduced themselves before introducing me to Mrs. Murdoch, tall and slender as ever, in a colorful print dress that looked more of a society doyenne than an ex-model; She said she was happy to meet me. I was surprised at how sparsely populated the room was. I recognized two sommeliers standing next to a table full of wine bottles, but Mr. Murdoch sat alone at the far end, dressed in a thin dark suit, an open white shirt and black sneakers. He didn't look like Darth Vader, but I still felt a repentance of fear, partly due to the fact that I had seen the season finale of Succession the night before, which I encountered, crossing the room and imagining myself. Groping for a little chat, I praised the apartment and the views. Thank you, we like it. Please sit down, he said, pointing to a chair next to him. After we agreed that we both love New York, I asked him about his favorite restaurants. Eleven Madison Park, he said- Daniel Humm's Michelin three stars are just a few blocks away. When I talked in the restaurant, after taking my course, I asked: What inspired you to buy Moraga? I met Tom Jones at a dinner with Ronald Reagan in the '80s, he said. He's a brilliant guy. He told me about Jones' stellar career in the aerospace industry, including the development of the F-5 fighter and the B-2 stealth bomber. I began to wonder if Murdoch bought the winery out of admiration for Jones, who was also a great wheel in Republican politics, not for his wine, though he eventually mentioned the beauty of the 14-acre property, which he purchased for $28.8 million in 2013. (Jones was 93 at the time and scaling back.) I visited about 10 years ago, I said. Oh, really? Murdoch said: . Shortly after you bought the Wall Street Journal I was hired as a wine writer, and of my first columns was Moraga. Ten years ago, when I showed up at Tom Jones' door in the company of a sommelier who had a meeting, Jones didn't want to talk to me because I was a journalist. (Eventually he warms up, to the point that he sometimes calls me in the evening to chat.) Jones, who died in 2014, was enduringly handsome and seemed very connected to wine-making day-to-day operations. The chickens pecked at the dirt around his feet. It was hard to believe Rodeo Drive was a 20 minute drive away. If it weren't for the tennis court cantilevered from the slope on a nearby property, or the Getty Center across the canyon, you can easily imagine that you were in old, wild California. The property was once a horse ranch owned by , director of Gone Wind and Wizard of Oz Jones attended the Paris Air Show every year, and he used these occasions to visit some of France's great vineyards. He noticed similarities between his Bel Air soils and Bordeaux. Studies have shown that its canyon enjoyed a grape-friendly microclimate with average annual rainfall of nine inches higher than the surrounding terrain, and cooler night temperatures. In 1978, he began planting vines, including and . His early vintages were highly appreciated by Janzis Robinson and Robert Parker, and Moraga became one of the first Californian wines offered at the three-star Alain Ducasse restaurant in Paris. (Winemaker Scott Rich made wine with 1996 vintage.) Moraga's estate has a 7,500-square-foot ranch built by Jones and his wife Ruth, who is now one of the Murdoch residences. Last August, Rupert and Jerry held a party there to celebrate Moragha's 30th birthday. Mick was there with his children Jerry, James and Elizabeth Jagger. Rupert's son Lachlan was also present at the event. Would you call yourself a wine lover? I asked Murdoch. I'm not an expert, he said, but I've always loved a nice, rich cabernet. (Moraga red Bordeaux blend dominated by Cabernet Sauvignon.) His wife mostly drinks white. I asked about his favorite wines; it was a short list and it included some of his homeland, Penfolds Grange and Henschke Hill Grace. Both are world-renowned sires, probably the best in Australia. I'm not really for French wines,' he told me, though he has enjoyed Latour since 1956 (the year Hall's birth) given to him by his friend Jacob Rothschild. When I asked about Napa, he got carried away by the leap of deer wine cellars. Is it a hobby or are you aiming to make a profit? I asked. I think we can, he said. Although, obviously, our costs are high, with land and taxes. Thanking him for his time, I spent the next 15 minutes trying vintage wine until '98. I tried 2003 red and 2006 Sauvignon Blanc, both of which I tried in youth during my visit to the winery. I was impressed with how well they have aged and evolved since then. While I probably don't agree with the new owner on much, I can't fault his taste in the wineries. White and crisp and rich, red complex, earthy and age-ing - much more classic and restrained than the typical modern cabernet of the Napa Valley. Speaking of journalistic terms, more of a Wall Street Journal than the New York Post.This story appears in the March 2020 issue of the city and country. SUBSCRIBE NOW This content is created and maintained by a third party and is imported to this page to help users provide their email addresses. You may be able to find more information about this and similar content on piano.io piano.io

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