EmptyLondon calling WSJ
Dow Jones, the financial media company owned by Rupert Murdoch's News Corp., said Wednesday that it plans to print and sell the U.S. edition of the Wall Street Journal in London, giving readers there access to the paper several hours before it's available in the States. The move will give the Journal a more global presence and take it to the home turf of the Financial Times. Dow Jones said it will sell the Journal beginning April 16 for £2.50 a copy at 250 locations in London. Subscriptions also will be sold.
AT&T adds Dish to plate
AT&T will sell Dish Network's satellite television service in nine southeastern states. The telecommunications company said Wednesday that the service will be offered through AT&T Advanced TV, expanding content and high-definition channel options. AT&T previously resold both Dish and DirecTV satellite TV services but recently struck an exclusive partnership with Dish. AT&T also delivers TV programming over phone lines through its U-Verse service, which it expects will have more than 1 million customers by year's end.
Italian duo delay public plans
The unpredictable fluctuations of the Italian Stock Exchange claimed two cinema industry victims Wednesday, when a weekly report from regulator Consob showed that what would have been the first two film production companies to go public there have delayed their plans. Both Italian-International Film and animated content producer Rainbow had filed to go public during the first part of the year. Although both companies said they intend to make the move at some point, recent market turbulence spooked them into holding off for now. With the delay, the soonest they could go public is June.