Lex Fenwick Out; Will Factiva or DJX Be In?
Jinfo Blog
22nd January 2014
Abstract
The absorption of Factiva into the DJX portal last year caused consternation amongst information managers. Now the man responsible for the change, Dow Jones CEO Lex Fenwick, has resigned with immediate effect. What will the change in leadership mean for DJ's news aggregation offer?
Item
With yesterday's announcement that Lex Fenwick has resigned from his role as CEO of Dow Jones, one of the hottest topics in the information industry - the transition from Factiva to DJX - is once again top of mind.
Since Dow Jones announced early in 2013 that market leader Factiva would be subsumed into a comprehensive product called DJX, information managers have expressed growing concern about the:
- Viability of the proposed product
- Pricing model
- And terms of use.
In the wake of Fenwick's departure, the natural question on many minds will be, "Does this mean Factiva could return? Or is the shift to DJX fait accompli?"
FreePint Analyses Ramifications for Information Managers
Our detailed commentary on the announcement and its ramifications analyses the wake-up call that many information managers took from both the product changes and Dow Jones' reportedly heavy-handed introduction of those changes.
We pull together insights gleaned through Communities of Practice, customer conversations, and our survey work to explain how the changes at Dow Jones have surfaced critical risk exposure around a core supplier, as well as emerging opportunities to meet organisational needs for news content through different mechanisms and (perhaps) at a lower price.
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Editor's Note: Beyond Aggregation
FreePint readers may be interested to read more about news products in our FreePint Topic Series: Beyond Aggregation, which ran from October to November 2013. You can still register your interest to receive a free copy of the FreePint Report: Buyer's Guide on News Content published in early December.
- Blog post title: Lex Fenwick Out; Will Factiva or DJX Be In?
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- Lex Fenwick Leaves Dow Jones; What's Next on the Factiva Rollercoaster?
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