Watch Your Voicemails Germany, Murdoch Is In Town

By Stephen Fuchs on Email @StephenWFuchs

Despite the increased negative press the past several weeks, Rupert Murdoch’s News Corp. is launching a German language version of the Wall Street Journal.  Starting late November or early December, the online publication will launch and possibly shake up the established German business news sites such as the Financial Times Deutschland and Handelsblatt.

At launch, the German WSJ will be available for free online, but may begin charging for content down the road.  The Dow Jones, which publishes the Wall Street Journal, will take stories from its existing site and translate them into German, but also plans on hiring around 40 staff members in Germany to write original content as well.  A Dow Jones editor stated that…

“We want to fill a hole in the German market and bring in content from the Anglo-American and Latin American regions, where German correspondents are not for most part well-established.  The Financial Times Deutschland for example is a purely German product.”

Due to the phone hacking scandal surrounding Murdoch in England, the new site may face some struggle getting accepted in a new European market.  Murdoch and his associated companies are facing extra scrutiny in Europe and the United States and it is unknown if any of the questionable practices will be used to get the latest scoop on German business stories.

Do you think German businesses have anything to worry about?  Share your thoughts in the comment section below…

 

Source: The Local
Photo © World Economic Forum | Monika Flueckiger

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
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