Interview to Dow Jones
Q. What is the biggest challenge facing Dow Jones in the next few years?
A. To continue investing in new products and services that will
strengthen our franchises, increase our competitiveness and produce new revenue
flows in the future, while at the same time being careful in setting priorities,
prudent in controlling costs, and committed to producing strong annual profits.
Q. Who are the major competitors of Dow Jones?
A. In the broadest sense, any quality products or services that compete
for the time and attention of busy businesspeople compete with Dow Jones. More
specifically, we have some franchises such as The Wall Street Journal that are
dominant in their fields. In other cases, we face particular competitors; Dow
Jones Telerate, for example, competes with Reuters in offering real-time
financial information around the world.
We believe, however, that Dow Jones is a unique company in a number of important
respects. Our businesses are balanced roughly 50-50 between print and electronic
information. More than 40% of our operating profit is now earned outside the U.S.
We are a focused company. We are not a media conglomerate, nor an entertainment
company. We stick to our business of business, providing information essential
to an ever expanding and increasingly interconnected worldwide business
community.
Q. What is the strategy behind your television operations?
A. Dow Jones aims to provide business news in ...