By Mark Tungate
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Regardless of the entire media insurance, it's nonetheless doubtful what they're construction the following. For now it is still an eerie non-landmark, a phantom memorial with a seek engine identify: floor 0. Dow Jones & Co. and its most famed model, The Wall road magazine, are dependent simply around the highway from floor 0, in a construction referred to as the realm monetary middle. whilst the dual Towers fell, they nearly took the magazine with them. other than that they didn’t. What occurred as an alternative was once that, even though its places of work were half-demolished and evacuated, that a few of its employees have been nonetheless lacking, and that the others had reconvened in a makeshift web site in New Jersey – regardless of all that, the paper controlled to carry out an variation day after today, and bring it to one. 6 million subscribers. It was once one the easiest examples of cool-headed teamwork within the heritage of journalism, and it justly received the newspaper a Pulitzer Prize. loads of papers have boasted approximately their assurance of Sept. 11, yet in comparison to the Journal’s functionality, their claims sound hole. The magazine was once good conscious of this on the time. within the days that the assaults, the paper’s public family humans contacted 80 The Newspapers media reporters to discuss its fulfillment. For the magazine, the truth that it had supplied notable assurance of an ancient information occasion less than intolerably harsh conditions additionally grew to become a promotional device. while I arrive on the magazine, its staff have just recently moved again into their previous domestic, and it nonetheless has a sparkly, fresh-paint suppose approximately it. there's a feel that the paper is attempting to regain its momentum after a punishing couple of years. Following the assaults at the dual Towers, there has been the abduction and homicide of magazine reporter Daniel Pearl in Pakistan. And except those heavy mental blows, there have been the industrial ones – in 2002, Dow Jones’s sales declined 12 in step with cent to US$1. 6 billion, in response to its annual document. issues have been having a look more healthy in 2003, yet simply after a brutal cost-cutting force and the laying off of approximately sixteen according to cent of the team over years. as though all this weren't adequate, there's hypothesis that the paper may be bought. A unmarried relations has managed Dow Jones for many years, however the long island instances, The Washington publish and Rupert Murdoch’s information Corp are all acknowledged to be eyeing the corporate with curiosity. in spite of the fact that, in accordance with a piece of writing within the New Yorker (‘Family Business’, three November 2003), the Bancroft family members isn’t drawn to promoting, for the instant. The newspaper itself betrays no outward signal of those tensions. In April 2002 it acquired its first remodel considering that 1942, the fruits of a long term funding programme that had obvious the variety of pages raise from eighty to ninety six. This enabled the magazine to divide into 5 simply identifiable sections – together with the hot own magazine, which brought tips about own finance, healthiness, and way of life, between different matters. The pages grew to become extra spacious and vibrant. The revamp additionally tripled the paper’s capability for sporting profitable color ads.