Investor Presentaiton
...Investment research analysts agree that Dow Jones is a better asset
"Dow Jones is a true comp (and in some ways superior) to The New York Times with an equally impressive growth trajectory: Put simply,
Dow Jones not only has a healthy growth outlook, but is more profitable, more digital, and more subscription oriented than The New
York Times - we strongly argue it should be valued accordingly."
"Dow Jones is a leading news and information business that has successfully transitioned to a digital-first and subscription-first model. The
secular head-winds facing print journalism are well known, and in our opinion, Dow Jones, led by its Wall Street Journal masthead, is one
of two legacy print businesses that has successfully navigated the transition to a digital world (the other being The New York Times
Company)."
“Bottom Line: we believe that Dow Jones has a similarly optimistic growth outlook as The [New York] Times. While we forecast slightly
faster subscriber additions at The [New York] Times, it is important to point out that Dow Jones is more profitable, more digital, and more
subscription oriented than The [New York] Times!"
GUGGENHEIM
IRENIC
(18 March 2021)
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