NEW YORK (Nov. 10, 2008) â€“ HarperCollins Publishers and The Wall Street Journal today announced the formation of a three-year publishing partnership to develop books written by the Journalâ€™s expert editors and reporters across a variety of topics for a wide range of readers.
Both HarperCollins and Dow Jones & Company, which publishes The Wall Street Journal, are owned by News Corp.
The program will be overseen by Steve Ross, group president of the Collins Group, a division of Harper Collins, and Alan Murray, deputy managing editor at The Wall Street Journal,in conjunction with the Publishers and editorial teams from the Collins, Collins Business, Collins Living and Collins Design imprints.
â€œThis is an example of the many natural synergies that can be developed between Dow Jones and other News Corp properties,â€ said Les Hinton, chief executive officer of Dow Jones & Company and publisher of The Wall Street Journal. â€œWe look forward to a fruitful relationship with our corporate brethren at HarperCollins.â€
â€œReaders seeking authoritative and timely business-related content know that The Wall Street Journal is the pre-eminent consumer brand in the world,â€ said Brian Murray, president and CEO of HarperCollins Publishers. â€œThrough this partnership we will build a branded list of guides from the editors of the Journal and enduring narratives from The Wall Street Journal reporters that will stand the test of time.â€
â€œThe Journal has long been the authority in business news and has been successfully expanding that position in lifestyle and culture categories. They are a perfect match for the Collins Group,â€ said Ross. â€œWe look forward to developing must read books authored by some of the most respected names in journalism.â€
â€œWe needed to find the worldâ€™s pre-eminent publisher and, fortunately, that publisher was very close to home,” said Robert Thomson, managing editor of The Wall Street Journal and editor-in-chief of Dow Jones. â€œThe demand for intelligent and insightful books on business and beyond has rarely been greater, and there is no doubt that the journalists at the Journal and Dow Jones generally are far more intelligent and measurably more insightful than journalists at other newspapers.â€
The first guidebook to be published under the agreement will be â€œThe Wall Street Journal Guide to the End of Wall Street As We Know It: What You Need to Know About the Greatest Financial Crisis of Our Time â€“ And How to Survive It,â€ by Dave Kansas. The book is a definitive guide for Main Street readers who want to make sense of whatâ€™s happening on Wall Street. It will be published by Collins Business in January 2009. Additionally, Collins Business will publish â€œThe Wall Street Journal Guide to Managementâ€ in early 2010.
About HarperCollins Publishers
HarperCollins, one of the largest English-language publishers in the world, is a subsidiary of News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV). Headquartered in New York, HarperCollins has publishing groups around the world including the HarperCollins General Books Group, HarperCollins Children’s Books Group, Zondervan, HarperCollins UK, HarperCollins Canada, HarperCollins Australia/New Zealand and HarperCollins India. HarperCollins is a broad-based publisher with strengths in literary and commercial fiction, business books, children’s books, cookbooks, mystery, romance, reference, religious and spiritual books. With nearly 200 years of history HarperCollins has published some of the world’s foremost authors and has won numerous awards including the Nobel Prize, the Pulitzer Prize and National Book Award, the Newbery Medal and the Caldecott. Consistently at the forefront of innovation and technological advancement, HarperCollins is the first publisher to digitize its content and create a global digital warehouse to protect the rights of its authors, meet consumer demand and generate additional business opportunities. You can visit HarperCollins Publishers on the Internet at http://www.harpercollins.com.
About The Wall Street Journal
The Wall Street Journal, the flagship publication of Dow Jones & Company is the world’s leading business publication. Founded in 1889, The Wall Street Journal has a print and online circulation of more than 2 million, reaching the nation’s top business and political leaders, as well as investors across the country. Holding 33 Pulitzer Prizes for outstanding journalism, The Wall Street Journal provides readers with trusted information and knowledge to make better decisions. The Wall Street Journal franchise has more than 760 journalists world-wide, part of the Dow Jones network of nearly 1,900 business and financial news staff. Other publications that are part of The Wall Street Journal franchise, with a global audience of 3.8 million, include The Wall Street Journal Asia and The Wall Street Journal Europe. The Wall Street Journal Online at WSJ.com is the largest paid subscription news site on the Web with 10.9 million users each month. In 2008, the Journal was ranked No. 1 in BtoB’s Media Power 50 for the ninth consecutive year. The Wall Street Journal Radio Network serves listeners on over 300 radio stations with late-breaking business and financial markets news.
Contact: Erin Crum
Dow Jones & Company
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