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News Corp : Wall Street Journal Debuts 'News Hub GMT' -- First Live Show From Europe

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03/13/2012 | 07:02pm CEST

LONDON, March 13, 2012 - The Wall Street Journal announced today the debut of its first live show to originate outside the U.S - News Hub GMT - airing live each weekday at 12 noon GMT/07:00 EST on WSJ.com and WSJ Live, in a move which significantly expands the Journal's live programming across the globe.

Hosted by Dow Jones columnist Nick Hastings in London, News Hub GMT airs as a 20-minute show, bringing the Journal's global audience an authoritative take on the day's leading business, financial and general news stories, including the latest breaking news and developments.

As part of the growing stable of live video from the Journal, the show will tap the resources of bureaus in Europe - including Frankfurt, Berlin, Paris, Brussels, Moscow and Athens - as well as the global network of more than 2,000 journalists across Dow Jones, including the Journal, Dow Jones Newswires and MarketWatch.

"News Hub GMT showcases the expertise of our team of reporters around Europe and allows our readers to engage with them on a new platform," said Tracy Corrigan, editor-in-chief, Europe, The Wall Street Journal. "The show brings an added dimension to our news reporting and analysis during the European business day."

Wall Street Journal video features more than four hours of live programming each business day, with multiple shows, news updates, reporting from the field, exclusive interviews and special events coverage as well as an extensive archive of on-demand video. News Hub GMT joins current live shows, including Digits, Lunch Break, Mean Street, Markets Hub, Opinion Journal, Off Duty and News Hub AM/PM from New York. Show segments are available on-demand following the live airing.

The WSJ Live app is currently available for free via iPhone, iPad, Apple TV, YouTube and Hulu, as well as Boxee, Roku, Google TV, Etisalat, Panasonic's VIERA Connect™ -enabled HDTVs, Samsung 2011 Smart TVs, Sony Internet TV, VIZIO Internet Apps® HDTVs, and the Yahoo!® Connected TV platform.

Contact:
Kate Dobbin
Dow Jones & Company
Kate.dobbin@dowjones.com
Tel: +44 203 426 1164


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Financials ($)
Sales 2016 27 461 M
EBIT 2016 6 055 M
Net income 2016 2 937 M
Debt 2016 14 045 M
Yield 2016 1,21%
P/E ratio 2016 18,02
P/E ratio 2017 13,14
EV / Sales 2016 2,40x
EV / Sales 2017 2,26x
Capitalization 51 880 M
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Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 34,1 $
Spread / Average Target 26%
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NameTitle
James Rupert Murdoch Chief Executive Officer & Director
Lachlan Keith Murdoch Executive Co-Chairman
Keith Rupert Murdoch Executive Co-Chairman
John P. Nallen Chief Financial Officer & Senior Executive VP
Viet D. Dinh Independent Non-Executive Director
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