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Special Committee: Nothing Similar To Hacking Scandal At Dow Jones

Date : 07/15/2011 @ 9:28PM
Source : Dow Jones News

Special Committee: Nothing Similar To Hacking Scandal At Dow Jones

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A special committee formed to monitor editorial integrity and independence at The Wall Street Journal and Dow Jones Newswires as part of Dow Jones & Co.'s acquisition by News Corp. (NWSA) in 2007, issued a statement late Friday saying that nothing similar to the alleged U.K. phone hacking activities has occurred at Dow Jones.

The statement of the committee, which is composed of independent journalism professionals, came a few hours after Les Hinton, Dow Jones's chief executive officer, resigned. Hinton had been executive chairman of News International, the U.K. unit responsible for the News of the World newspaper at the center of the hacking allegations.

Of the hacking scandal, the committee said, "Such matters are deeply concerning to us, suggesting as they do a serious default of basic journalistic standards in certain units of News Corp."

The committee added: "To date, nothing has come to our attention that causes us to believe that today's resignation of Les Hinton as publisher of The Wall Street Journal is [in] any way related to activities at The Wall Street Journal or Dow Jones or that any of the London offenses or anything like them have taken place at Dow Jones. We will continue to monitor the situation closely."

The committee has regular quarterly meetings. The members, each of whom is paid $100,000 a year by the company, are Thomas J. Bray, former editorial page editor of the Detroit News; Louis Boccardi, former chief executive of the Associated Press; Jack Fuller, retired president of Tribune Publishing Co.; Nicholas Negroponte, co-founder of the Media Lab at the Massachusetts Institute of Technology; and Susan M. Phillips, dean of the George Washington University School of Business.

Here is the full text of the special committee's statement.

"In response to requests for comment, the Dow Jones Special Committee, formed in 2007 to monitor journalistic and editorial integrity and independence at The Wall Street Journal and Dow Jones Newswires, issued the following statement:

"The committee has been in conversations with Dow Jones & Co. officials about the phone hacking and other allegations arising from News Corp. British operations. Such matters are deeply concerning to us, suggesting as they do a serious default of basic journalistic standards in certain units of News Corp. To date, nothing has come to our attention that causes us to believe that today's resignation of Les Hinton as publisher of The Wall Street Journal is any way related to activities at The Wall Street Journal or Dow Jones or that any of the London offenses or anything like them have taken place at Dow Jones. We will continue to monitor the situation closely."



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