Difference between revisions of "MarketWatch"
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MarketWatch was founded in 1997 by television network CBS as the Web site CBS.MarketWatch.com and later added BigCharts.com and the CBS MarketWatch Weekend television program and radio updates.<ref>{{cite web|url=http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B1E3163DB-2F80-48D5-9659-A74D3CD37C4E%7D|name=Dow Jones to buy MarketWatch|org=CBS MarketWatch|date=September 22, 2008}}</ref> Parent company MarketWatch Inc. also runs MarketWatch Information Services, which licenses its products for use by other content providers. | MarketWatch was founded in 1997 by television network CBS as the Web site CBS.MarketWatch.com and later added BigCharts.com and the CBS MarketWatch Weekend television program and radio updates.<ref>{{cite web|url=http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B1E3163DB-2F80-48D5-9659-A74D3CD37C4E%7D|name=Dow Jones to buy MarketWatch|org=CBS MarketWatch|date=September 22, 2008}}</ref> Parent company MarketWatch Inc. also runs MarketWatch Information Services, which licenses its products for use by other content providers. | ||
When purchased by Dow Jones in 2005 for $519 million, MarketWatch's Inc. was owned 23 percent each by media giants Viacom and Pearson. Dow Jones, publishers of the [[Wall Street Journal]], paid $18 per [[share]] for MarketWatch to help the | When purchased by Dow Jones in 2005 for $519 million, MarketWatch's Inc. was owned 23 percent each by media giants Viacom and Pearson. Dow Jones, publishers of the [[Wall Street Journal]], paid $18 per [[share]] for MarketWatch to help the company expand its online presence against rival online finance-news providers [[Reuters]] and [[Bloomberg]]. | ||
Most recently, MarketWatch Inc. generated annual [[revenue]] of $47.2 million<ref>{{cite web|url=http://sanfrancisco.bizjournals.com/sanfrancisco/gen/company.html?gcode=895CC7786A2345BEBFE6D7B9E3156552|name=MarketWatch, Inc.|org=San Francisco Business Times|date=September 22, 2008}}</ref> while its eponymous Web site draws 7.6 million unique visitors monthly.<ref>{{cite web|url=http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2004/11/15/daily2.html|name=Dow Jones to buy CBS MarketWatch for $519M|org=San Francisco Business Times|date=September 22, 2008}}</ref> MarketWatch has also won numerous "EPpy awards" for best financial news website given by journalism trade magazine [[Editor & Publisher]]. The company claims over 1,400 filings per day from its 10 bureaus in the U.S., London and Hong Kong, plus radio updates every 30 minutes on its MarketWatch.com Radio Network.<ref>{{cite web|url=http://www3.marketwatch.com/siteinfo/|name=About MarketWatch, Inc.|org=MarketWatch, Inc.|date=September 22, 2008}}</ref> | Most recently, MarketWatch Inc. generated annual [[revenue]] of $47.2 million<ref>{{cite web|url=http://sanfrancisco.bizjournals.com/sanfrancisco/gen/company.html?gcode=895CC7786A2345BEBFE6D7B9E3156552|name=MarketWatch, Inc.|org=San Francisco Business Times|date=September 22, 2008}}</ref> while its eponymous Web site draws 7.6 million unique visitors monthly.<ref>{{cite web|url=http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2004/11/15/daily2.html|name=Dow Jones to buy CBS MarketWatch for $519M|org=San Francisco Business Times|date=September 22, 2008}}</ref> MarketWatch has also won numerous "EPpy awards" for best financial news website given by journalism trade magazine [[Editor & Publisher]]. The company claims over 1,400 filings per day from its 10 bureaus in the U.S., London and Hong Kong, plus radio updates every 30 minutes on its MarketWatch.com Radio Network.<ref>{{cite web|url=http://www3.marketwatch.com/siteinfo/|name=About MarketWatch, Inc.|org=MarketWatch, Inc.|date=September 22, 2008}}</ref> | ||
Latest revision as of 17:39, 19 December 2013
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| MarketWatch, Inc. | |
| |
| Founded | 1997 |
|---|---|
| Headquarters | San Francisco, CA |
| Key People | Editor-in-Chief David Callaway |
| Products | MarketWatch.com, BigCharts.com, Virtual StockExchange.com, MarketWatch radio network, MarketWatch Weekend television program, Hulbert Financial Digest, Retirement Weekly, ETF Trader |
| Website | http://www2.marketwatch.com/m/ |
The parent company of popular financial Web site MarketWatch has been a subsidiary of Dow Jones & Company, now owned by Rupert Murdoch's News Corporation, since 2005. MarketWatch, Inc. is now a multi-media financial-information gatherer and distributor with over 100 journalists based in 10 bureaus worldwide.
History[edit]
MarketWatch was founded in 1997 by television network CBS as the Web site CBS.MarketWatch.com and later added BigCharts.com and the CBS MarketWatch Weekend television program and radio updates.[1] Parent company MarketWatch Inc. also runs MarketWatch Information Services, which licenses its products for use by other content providers.
When purchased by Dow Jones in 2005 for $519 million, MarketWatch's Inc. was owned 23 percent each by media giants Viacom and Pearson. Dow Jones, publishers of the Wall Street Journal, paid $18 per share for MarketWatch to help the company expand its online presence against rival online finance-news providers Reuters and Bloomberg.
Most recently, MarketWatch Inc. generated annual revenue of $47.2 million[2] while its eponymous Web site draws 7.6 million unique visitors monthly.[3] MarketWatch has also won numerous "EPpy awards" for best financial news website given by journalism trade magazine Editor & Publisher. The company claims over 1,400 filings per day from its 10 bureaus in the U.S., London and Hong Kong, plus radio updates every 30 minutes on its MarketWatch.com Radio Network.[4]
Products and Services[edit]
- Web: MarketWatch.com, BigCharts.com, VirtualStockExchange.com
- Radio: MarketWatch.com Radio Network
- TV: CBS MarketWatch Weekend
- Subscriptions: Hulbert Financial Digest group, Retirement Weekly, ETF Trader
- Licensing: MarketWatch Licensing Services group
Key People[edit]
MarketWatch Editor-in-Chief David Callaway[5] joined the company as MarketWatch managing editor in 1999 and was promoted to the top job in 2003. Prior to that Callaway spent five years in London with financial-news agancy Bloomberg running a team of reporters covering the European securities and banking industries. He also spent six years as a reporter and columnist with the Boston Herald. Callaway is a graduate of Northwestern University's Medill School of Journalism.
References[edit]
- ↑ Dow Jones to buy MarketWatch. CBS MarketWatch.
- ↑ MarketWatch, Inc.. San Francisco Business Times.
- ↑ Dow Jones to buy CBS MarketWatch for $519M. San Francisco Business Times.
- ↑ About MarketWatch, Inc.. MarketWatch, Inc..
- ↑ David Callaway. MoneyShow.com.