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Bargaining Update 02.25.10

Feb. 25, 2010 -- We were back at the bargaining table with Dow Jones Thursday, February 25th — and the "headline" to take away is an agreement to an accelerated schedule of talks.

We've agreed to meet twice next week (Monday and Thursday) with both sides ready to seriously tackle the big items of health care, retirement, severance/seniority and money.

We still have a number of serious differences with the company, but the give-and-take at the table has been encouraging — tough, but encouraging.

We need to hear from you — and so does management — as we tackle the core of the contract.

Post a "Keep It in the Contract" poster at your desk — management, at all levels, needs to hear from you. By the way, if you haven't received a poster from a board member or steward yet, let us know. We'll get one to you asap.

You can also follow the bargaining — and offer your comments — on IAPE's Facebook page.

As always, if you need anything, let us know.

IAPE Bargaining Committee
Steve Yount
Bob Kozma
Rob Johnson
Patricia Corley
Erin Rodgers
Andy Georgiades
Amy Merrick
Bruce Nelson
Tim Martell | More

Job Postings

Under the terms of the IAPE-Dow Jones contract (Article XXII) all job openings at Dow Jones, below the level of National Department Head, (or its equivalent) have to be posted. Regardless of whether anyone is listed as "clear or likely" candidate for the job, you have a right to apply for that job -- and you have a right to have your application taken seriously and given full consideration. - More

SmartMoney. DJ's Done Deal

Mar. 2, 2010 -- Dow Jones & Company is expanding its portfolio of personal finance content by acquiring the Hearst Corporation's 50% interest in the SmartMoney franchise, bringing Dow Jones' total interest to 100%. Financial details about the transaction will not be disclosed. "SmartMoney is a natural fit within Dow Jones, having carried brand association with The Wall Street Journal since its launch," said Todd Larsen, president of Dow Jones & Company. For the IAPE-represented employees at SmartrMoney the move makes no immediate difference in contract protections. | More

Rupert and Google

Mar. 2, 2010 -- As posted at CoolTechZone.com, Things between News Corp.'s Rupert Murdoch and Google just keep heating up. The Daily Finance reports that talks are growing stale and Murdoch's approach to dealing with Google appears to not be working at all. The article goes on to explain that he is still in talks with Microsoft, in addition to looking into the practicality of selling his content in "bundles." Assuming Murdoch does end up working with Microsoft, he expects them to pay for the content he provides. He will also likely seek legal action against Google if their talks break down. | More

News Corp Profits

Feb. 2, 2010 -- A note to all employees from Rupert Murdoch News Corporation has released earnings for the second quarter of fiscal 2010 that far outpaced those of the same quarter last year. I wanted to share with you some of the reasons behind this performance and why we think it will continue into coming quarters. Across the globe, our businesses are all growing, and we are entering calendar 2010 with new vigor and strength. You have done an extraordinary job. Thank you. In the midst of the most challenging economic conditions I've witnessed, you buckled down and brought dedication and imagination to your work. | More

'War at WSJ'

Jan. 20, 2010 -- From The New York Times: Get ready for another media parlor game, this one pivoting around "War at The Wall Street Journal: Inside the Struggle to Control an American Business Empire." The book, by the former Journal media writer Sarah Ellison, is a scrupulously fair, careful account written from a close distance about how Rupert Murdoch came to own the crown jewel of American business journalism. The back flap of the advanced copy -- the book is scheduled to come out May 12 -- has a lurid come-on: "Set in the highest echelon of the media, this saga of an American institution under siege is a bonfire of barbarians and boldface names." | More

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