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{{About|the website|the TV show|Market Watch}}
{{About|the website|the TV show|Market Watch}}
{{Use mdy dates|date=October 2019}}
{{Use mdy dates|date=October 2019}}
{{italic title}}
{{Infobox website
{{Infobox website
| name = MarketWatch
| name = ''MarketWatch''
| logo = MarketWatch_Logo.svg
| logo = MarketWatch_Logo.svg
| logo_size = 240px
| logo_size = 250px
| type = Financial Information
| website_type = Financial Information
| location = [[New York City]]
| headquarters = New York City
| owner = [[Dow Jones & Company]]
| owner = [[Dow Jones & Company]]
| editor = Mark DeCambre<ref>{{cite news | url=https://www.marketwatch.com/story/mark-decambre-named-new-editor-in-chief-of-marketwatch-11647537236 |title=Mark DeCambre named new editor in chief of MarketWatch |website=marketwatch.com |date=March 17, 2022}}</ref>
| editor = Mark DeCambre<ref>{{cite news | url=https://www.marketwatch.com/story/mark-decambre-named-new-editor-in-chief-of-marketwatch-11647537236 |title=Mark DeCambre named new editor in chief of MarketWatch |website=marketwatch.com |date=March 17, 2022}}</ref>
| url = {{URL|marketwatch.com}}
| website = {{Official URL}}
| launch_date = {{start date and age|1997|10|30}}
| launched = {{start date and age|1997|10|30}}
| current_status = Online
| current_status = Online
}}
}}


'''MarketWatch''' is a website that provides financial information, business news, analysis, and [[stock market]] data. Along with ''[[The Wall Street Journal]]'' and ''[[Barron's (newspaper)|Barron's]]'', it is a [[subsidiary]] of [[Dow Jones & Company]], a property of [[News Corp]].
'''''MarketWatch''''' is a website that provides financial information, business news, analysis, and [[stock market]] data. It is a [[subsidiary]] of [[Dow Jones & Company]], a property of [[News Corp]], along with ''[[The Wall Street Journal]]'' and ''[[Barron's (newspaper)|Barron's]].''


==History==
==History==
The company was conceived as DBC Online by Data Broadcasting Corp. in the fall of 1995.<ref name=history>{{cite news | url=https://www.marketwatch.com/story/the-history-of-marketwatch-how-a-sports-data-startup-became-a-half-billion-dollar-financial-news-site-2017-10-30 | title=The history of MarketWatch: How a sports data startup became a half-billion-dollar financial news site | first=Larry | last=Kramer | work=Marketwatch | date=October 30, 2017}}</ref>
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995.<ref name=history>{{cite news | url=https://www.marketwatch.com/story/the-history-of-marketwatch-how-a-sports-data-startup-became-a-half-billion-dollar-financial-news-site-2017-10-30 | title=The history of MarketWatch: How a sports data startup became a half-billion-dollar financial news site | first=Larry | last=Kramer | work=Marketwatch | date=October 30, 2017}}</ref> The marketwatch.com [[domain name]] was registered on July 30, 1997.<ref>{{cite web | url=http://whois.domaintools.com/marketwatch.com | title=Whois Record for MarketWatch.com | work=Domain Tools }}</ref> The website launched on October 30, 1997, as a 50/50 joint venture between DBC and [[CBS News]], then run by [[Larry S. Kramer|Larry Kramer]]<ref name="history" /> and co-founder and chairman, [[Derek Reisfield]].<ref>{{Cite web |title=Contribution Agreement – CBS Inc., Data Broadcasting Corp. and MarketWatch.com LLC |url=https://contracts.onecle.com/marketwatch/cbs.contrib.1997.10.29.shtml |access-date=2024-01-08 |website=Sample Business Contracts }}</ref> [[Thom Calandra]] was its first [[editor-in-chief]].<ref name=resigns>{{Cite news | url=https://www.nbcnews.com/id/wbna4031390 | title=MarketWatch commentator resigns amid probe | agency=[[Associated Press]] | publisher=[[NBC News]] | date=January 23, 2004 |url-status=live |archive-url= https://web.archive.org/web/20230709181500/https://www.nbcnews.com/id/wbna4031390 |archive-date= Jul 9, 2023 }}</ref>


In 1999, the company hired [[David Callaway (journalist)|David Callaway]] and in 2003, Callaway became [[editor-in-chief]].<ref>{{cite news | url=https://www.adweek.com/digital/david-callaway-marketwatch-editor-named-usa-today-eic/ |url-access=subscription | title=David Callaway, ''MarketWatch'' Editor, Named ''USA Today'' EIC | first=Chris | last=O'Shea | work=[[Adweek]] | date=July 10, 2012 |url-status=live |archive-url=https://web.archive.org/web/20230709181455/https://www.adweek.com/performance-marketing/david-callaway-marketwatch-editor-named-usa-today-eic/ |archive-date= Jul 9, 2023 }}</ref> In January 1999, during the [[dot-com bubble]], the company became a [[public company]] via an [[initial public offering]]. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a [[market capitalization]] of over $1 billion despite only $7 million in annual revenues.<ref name=history/> In June 2000, the company formed a joint venture with the ''[[Financial Times]]''<ref>{{cite web | url=https://corporate.findlaw.com/contracts/operations/joint-venture-agreement-financial-times-group-ltd.html | title=Joint Venture Agreement – Financial Times Group Ltd., MarketWatch.com Inc., Pearson Internet Holdings BV and Pearson Overseas Holdings Ltd. | date=June 19, 2000 |website=FindLaw |url-status=live |archive-url=https://web.archive.org/web/20230709181458/https://corporate.findlaw.com/contracts/operations/joint-venture-agreement-financial-times-group-ltd.html |archive-date= Jul 9, 2023 }}</ref> with [[Peter Bale]] as managing editor.<ref>{{cite news | url=https://www.pearson.com/news-and-research/announcements/2000/03/ft-marketwatch-appoints-managing-editor.html | title=FT Marketwatch Appoints Managing Editor | publisher=[[Pearson plc]] | date=March 20, 2000 |url-status=dead |archive-url= https://web.archive.org/web/20210826191757/https://www.pearson.com/news-and-research/announcements/2000/03/ft-marketwatch-appoints-managing-editor.html |archive-date= Aug 26, 2021 }}</ref>
The marketwatch.com [[domain name]] was registered on July 30, 1997.<ref>{{cite web | url=http://whois.domaintools.com/marketwatch.com | title=Whois Record for MarketWatch.com | work=Domain Tools}}</ref>

The website launched on October 30, 1997, as a 50/50 joint venture between DBC and [[CBS News]] run by Larry Kramer<ref name=history/> and with [[Thom Calandra]] as [[editor-in-chief]].<ref name=resigns>{{Cite news | url=http://www.nbcnews.com/id/4031390/ns/business-us_business/t/marketwatch-commentator-resigns-amid-probe/ | title=MarketWatch commentator resigns amid probe | agency=[[Associated Press]] | publisher=[[NBC News]] | date=January 23, 2004}}</ref>

In 1999, the company hired [[David Callaway (journalist)|David Callaway]] and in 2003, Callaway became [[editor-in-chief]].<ref>{{cite news | url=https://www.adweek.com/digital/david-callaway-marketwatch-editor-named-usa-today-eic/ | title=David Callaway, MarketWatch Editor, Named USA Today EIC | first=Chris | last=O'Shea | work=[[Adweek]] | date=July 10, 2012}}</ref>

In January 1999, during the [[dot-com bubble]], the company became a [[public company]] via an [[initial public offering]]. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a [[market capitalization]] of over $1 billion despite only $7 million in annual revenues.<ref name=history/>

In June 2000, the company formed a joint venture with the ''[[Financial Times]]''<ref>{{cite web | url=https://corporate.findlaw.com/contracts/operations/joint-venture-agreement-financial-times-group-ltd.html | title=Joint Venture Agreement - Financial Times Group Ltd., MarketWatch.com Inc., Pearson Internet Holdings BV and Pearson Overseas Holdings Ltd. | date=June 19, 2000}}</ref> with [[Peter Bale]] as managing editor.<ref>{{cite news | url=https://www.pearson.com/news-and-research/announcements/2000/03/ft-marketwatch-appoints-managing-editor.html | title=FT Marketwatch Appoints Managing Editor | publisher=[[Pearson plc]] | date=March 20, 2000}}</ref>
⚫
In January 2004, Calandra resigned amidst allegations of [[insider trading]].<ref name=resigns/> In January 2005, [[Dow Jones & Company]] acquired the company for $528 million, or $18 per share.<ref>{{cite press release | url=https://www.sec.gov/Archives/edgar/data/29924/000002992405000030/exhibit991.htm | title=Dow Jones & Company closes $528 million MarketWatch acquisition | publisher=[[U.S. Securities and Exchange Commission]] | date=January 24, 2005 |url-status=live |archive-url= https://web.archive.org/web/20230709181449/https://www.sec.gov/Archives/edgar/data/29924/000002992405000030/exhibit991.htm |archive-date= Jul 9, 2023 }}</ref>
In January 2004, Calandra resigned amidst allegations of [[insider trading]].<ref name=resigns/>

⚫
In January 2005, [[Dow Jones & Company]] acquired the company for $528 million, or $18 per share.<ref>{{cite press release | url=https://www.sec.gov/Archives/edgar/data/29924/000002992405000030/exhibit991.htm | title=DOW JONES & COMPANY CLOSES $528 MILLION MARKETWATCH ACQUISITION | publisher=[[U.S. Securities and Exchange Commission]] | date=January 24, 2005}}</ref>

In May 2016, MarketWatch hired Dan Shar as General Manager<ref>{{Cite news |title=MarketWatch.com hires general manager|url=https://talkingbiznews.com/they-talk-biz-news/80650/| last=Roush | first=Chris | author-link=Chris Roush | website=[[Talking Biz News]] |date=May 17, 2016}}</ref>

In October 2020, MarketWatch announced that it would become a [[paywall]]ed subscription-based publication, in order to "raise the ambitions of our journalism".<ref>{{Cite news |url=https://www.mediapost.com/publications/article/357191/marketwatch-adds-paywall-wsj-magazine-reduces.html |title='MarketWatch' Adds Paywall, 'WSJ Magazine' Reduces Print Frequency | first=Sara | last=Guaglione | date=October 26, 2020 | work=MediaPost}}</ref>


Mark DeCambre was named editor in chief on March 21, 2022.<ref>{{Cite web |title=Mark DeCambre named new editor in chief of MarketWatch |url=https://www.marketwatch.com/story/mark-decambre-named-new-editor-in-chief-of-marketwatch-11647537236 |access-date=2022-04-23 |website=MarketWatch |language=EN-US}}</ref>
In May 2016, ''MarketWatch'' hired Dan Shar as general manager.<ref>{{Cite news |title=MarketWatch.com hires general manager|url=https://talkingbiznews.com/they-talk-biz-news/80650/| last=Roush | first=Chris | author-link=Chris Roush | website=[[Talking Biz News]] |date=May 17, 2016}}</ref> In October 2020, MarketWatch announced that it would become a [[paywall]]ed subscription-based publication, in order to "raise the ambitions of our journalism".<ref>{{Cite news |url=https://www.mediapost.com/publications/article/357191/marketwatch-adds-paywall-wsj-magazine-reduces.html |title='MarketWatch' Adds Paywall, 'WSJ Magazine' Reduces Print Frequency | first=Sara | last=Guaglione | date=October 26, 2020 | work=MediaPost}}</ref> Mark DeCambre was named editor in chief on March 21, 2022.<ref>{{Cite web |title=Mark DeCambre named new editor in chief of MarketWatch |url=https://www.marketwatch.com/story/mark-decambre-named-new-editor-in-chief-of-marketwatch-11647537236 |access-date=2022-04-23 |website=MarketWatch |language=EN-US}}</ref>


==See also==
==See also==
* ''[[CBS MoneyWatch]]'', CBS News's replacement for MarketWatch
* [[List of assets owned by News Corp]]
* [[List of assets owned by News Corp]]
* [[List of financial market information services]]
* [[Money (financial website)]]


==References==
==References==

Latest revision as of 06:06, 22 September 2026

MarketWatch
Website type
Financial Information
HeadquartersNew York City
OwnerDow Jones & Company
EditorMark DeCambre[1]
Websitewww.marketwatch.com Edit this at Wikidata
LaunchedOctober 30, 1997; 29 years ago (1997-10-30)
Current statusOnline

MarketWatch is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with The Wall Street Journal and Barron's.

History

[edit | edit source]

The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995.[2] The marketwatch.com domain name was registered on July 30, 1997.[3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer[2] and co-founder and chairman, Derek Reisfield.[4] Thom Calandra was its first editor-in-chief.[5]

In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief.[6] In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues.[2] In June 2000, the company formed a joint venture with the Financial Times[7] with Peter Bale as managing editor.[8]

In January 2004, Calandra resigned amidst allegations of insider trading.[5] In January 2005, Dow Jones & Company acquired the company for $528 million, or $18 per share.[9]

In May 2016, MarketWatch hired Dan Shar as general manager.[10] In October 2020, MarketWatch announced that it would become a paywalled subscription-based publication, in order to "raise the ambitions of our journalism".[11] Mark DeCambre was named editor in chief on March 21, 2022.[12]

See also

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References

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  1. ↑ "Mark DeCambre named new editor in chief of MarketWatch". marketwatch.com. March 17, 2022.
  2. 1 2 3 Kramer, Larry (October 30, 2017). "The history of MarketWatch: How a sports data startup became a half-billion-dollar financial news site". Marketwatch.
  3. ↑ "Whois Record for MarketWatch.com". Domain Tools.
  4. ↑ "Contribution Agreement – CBS Inc., Data Broadcasting Corp. and MarketWatch.com LLC". Sample Business Contracts. Retrieved January 8, 2024.
  5. 1 2 "MarketWatch commentator resigns amid probe". NBC News. Associated Press. January 23, 2004. Archived from the original on July 9, 2023.
  6. ↑ O'Shea, Chris (July 10, 2012). "David Callaway, MarketWatch Editor, Named USA Today EIC". Adweek. Archived from the original on July 9, 2023.
  7. ↑ "Joint Venture Agreement – Financial Times Group Ltd., MarketWatch.com Inc., Pearson Internet Holdings BV and Pearson Overseas Holdings Ltd". FindLaw. June 19, 2000. Archived from the original on July 9, 2023.
  8. ↑ "FT Marketwatch Appoints Managing Editor". Pearson plc. March 20, 2000. Archived from the original on August 26, 2021.
  9. ↑ "Dow Jones & Company closes $528 million MarketWatch acquisition" (Press release). U.S. Securities and Exchange Commission. January 24, 2005. Archived from the original on July 9, 2023.
  10. ↑ Roush, Chris (May 17, 2016). "MarketWatch.com hires general manager". Talking Biz News.
  11. ↑ Guaglione, Sara (October 26, 2020). "'MarketWatch' Adds Paywall, 'WSJ Magazine' Reduces Print Frequency". MediaPost.
  12. ↑ "Mark DeCambre named new editor in chief of MarketWatch". MarketWatch. Retrieved April 23, 2022.
[edit | edit source]