Newspaperman: Inside the News Business at The Wall Street Journal

Newspaperman: Inside the News Business at The Wall Street Journal

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by Warren Phillips
     
 

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An inside look at America’s largest newspaper—The Wall Street Journal

”Phillips offers fascinating insights about American business, politics, and journalism. He traveled in the circles of CEOs, U.S. presidents, prime ministers, and royalty; always at his core he was a reporter. That is the beauty of

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Overview

An inside look at America’s largest newspaper—The Wall Street Journal

”Phillips offers fascinating insights about American business, politics, and journalism. He traveled in the circles of CEOs, U.S. presidents, prime ministers, and royalty; always at his core he was a reporter. That is the beauty of Newspaperman.”
—Vernon E. Jordan Jr., civil rights leader; senior managing director, Lazard Freres & Company; adviser to President Bill Clinton

“[Phillips] captures the fabulous stories of a scrawny, precocious boy from reporter to publisher and then CEO, participating in and then presiding over the Journal’s years of greatest growth.”
—Joan Konner, Dean Emerita, Columbia University Graduate School of Journalism

“Phillips fell in love with newspapers when he was a boy. He’s still infatuated but he doesn’t skip over his tough times or mistakes. That’s what makes Newspaperman such a telling guide to the newsroom and to the top office in the executive suite.”
—Lou Boccardi, former president and chief executive, Associated Press; former chairman, Pulitzer Prize Board

“This lovely book recounts the life of a wise, thoughtful, and admired newspaper editor and publisher. The tiny Wall Street Journal Warren Phillips joined grew up to be a giant. Newspaperman tells that story.”
—Donald E. Graham, chairman and chief executive, The Washington Post Company

“[Phillips provides] perceptive commentaries on Germany, Greece, Turkey, England, Spain, China, Russia, and the Middle East. All is told with modest good humor, but repeatedly emphasizes the need for integrity and high standards.”
—George B. Munroe, retired chairman and chief executive, Phelps Dodge Corporation

“The story of a boy born in Brooklyn, a reporter, an editor, a publisher, a corporate executive, and now the author of a fascinating book.”
—James Q. Riordan, former vice chairman, Mobil Corporation

“In spite of a few hiccups, honestly related here, Dow Jones was rated by Fortune magazine as the second most-admired company in the United States, and so proved that an outstanding newspaperman can also achieve enormous success as a business builder and leader.”
—Hamish Maxwell, former chairman and CEO, Philip Morris Companies Inc.

“A memoir from a man who helped transform The Wall Street Journal from a local newspaper to a global operation.. . . Throughout the book, Phillips looks at his part in shaping the Journal’s news and editorial coverage, and these sections provide insight into his highly successful methods. The author includes many anecdotes culled from his diaries, some very funny, which illustrate the variegated aspects of his life and the people who shared in it.. . . A well-rounded autobiography about the journalism industry and the people who shaped the news over the past 50 years.”

—Kirkus Reviews

“The sections about the rise of the Wall Street Journal's quality and influence are fascinating - for journalists and non-journalists alike.”
Philadelphia Inquirer

”Phillips provides an arresting retrospective on modern world history that general readers will find informative and delightful.”
Star-Telegram

About the Book

When Warren Phillips was eleven years old, his father took him on a guided tour of the New York Daily News, where he got his first look at the frenzied yet surprisingly ordered and controlled world of newspaper publishing. He saw everything from the industrial printing presses churning out newspapers at astonishing speeds to reporters hunched over their typewriters, writing the very stories those presses would be producing within hours—or even minutes. Phillips was hooked. He knew exactly what he wanted to do with his life.

Newspaperman tells the story of how an immigrant’s shy son from Queens, New York, rose to the top of his industry powered by little more than passion, brains, and hard work. Phillips began his career working as a copyboy for the New York Herald Tribune for sixteen dollars a week—and ended it as publisher of The Wall Street Journal and CEO of its parent corporation, Dow Jones & Company.

The life story of Warren Phillips is the story of the American newspaper business. Here, the details of his vast experience come together to create a broad picture of the newspaper business— revealing how news is discovered, reported, edited, published, and disseminated. Sharing vivid tales of working as a reporter around the world and describing the many colorful characters he meets along the way, Phillips provides a level of insight that only a leading figure in the industry could offer.

Newspaperman gives you an up-close look at one of the most influential people in the history of The Wall Street Journal—and an unprecedented view of the business, from its rapid modernization during the post–WWII , cold war era to the early years of digital publishing and the rise of the Internet, which may mark the decline of the printed page forever. Phillips’s entertaining, penetrating, and impressively detailed account is a must-read for both devotees of America’s most iconic business publication and anyone with an interest in how news is reported.

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Editorial Reviews

Publishers Weekly
In this engaging, straightforward book, Phillips, former managing editor at the Wall Street Journal and publisher/CEO of Dow Jones & Co., tells the dual story of his life as an iconic man of print and the maturation of the most influential business newspapers. His romance with the news business began with a tour of the fabled New York Daily News with his father as a child, continuing with a stint as a copyboy at the New York Herald Tribune, followed as a full-time German correspondent at WSJ, with stories filed in Greece, Turkey, and London. Phillips comes across as an industrious, resourceful, and hugely ambitious worker bee with his own ideas as he soars up the corporate ladder from managing editor posts in Chicago and New York before landing the plum jobs of publisher and CEO of WSJ's parent company, Dow Jones. He is especially candid about the CIA's overtures to use the paper as a cover, Asian and European triumphs and setbacks, the digital age's surprising potency, staff betrayals, and Rupert Murdoch's power grab. Reading Phillips's earnest, unadorned account of this prestigious publication is a solid refresher course in the history of the golden era of American newspapers. (Sept.)
Library Journal
For over a century, the Wall Street Journal has remained one of the most respected and informative sources of business and financial news throughout the world. One of the key figures behind the paper's success, Phillips traces his career with the paper in a concise, well-crafted memoir. Beginning in 1947 as a reporter and retiring in 1992 as publisher and CEO of parent company Dow Jones & Company, he records his experiences from reporting in the field in post-World War II Europe to presiding over the paper's profitable expansion into foreign markets to guiding the company through the transition into the digital era. He sprinkles his story with personal anecdotes and insights into the journalism profession. VERDICT Readers of "Greatest Generation" memoirs and biographies and journalism students will enjoy Phillips's work. For a similar read, see Richard J. Tofel's Restless Genius: Barney Kilgore, the Wall Street Journal, and the Invention of Modern Journalism.—Donna Marie Smith, Palm Beach Cty. Lib. Syst., FL
Kirkus Reviews

A memoir from a man who helped transform the Wall Street Journal from a local newspaper to a global operation.

When executive editor Bill Kerby and managing editor Buren McCormack hired the 21-year-old Phillips (China Behind the Mask, 1973, etc.) as a $40-per-week proofreader in 1947, daily circulation stood at 100,000. By 1991, when the author retired after serving as the publisher and CEO of Dow Jones & Co., the paper was the largest daily in the country with a circulation of around 2 million. Phillips provides insight into how one of the nation's most prominent newspapers evolved. The author was personally involved with much of the growth, after his transfer to London and then Germany to build the paper's operations in Europe, and he was integral to the development of the Wall Street Journal Asia and the paper's partnership with Japan's Nikkei index. Under his leadership in the '70s and '80s, the paper became a technological leader through its deployment of satellite communications and its embrace of digitization. Throughout then book, Phillips looks at his part in shaping the Journal's news and editorial coverage, and these sections provide insight into his highly successful methods. The author includes many anecdotes culled from his diaries, some very funny, which illustrate the variegated aspects of his life and the people who shared in it. In a short epilogue, Phillips discusses Rupert Murdoch's takeover of the Journal and its incorporation into News Corp.

A well-rounded autobiography about the journalism industry and the people who shaped the news over the past 50 years.

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Product Details

ISBN-13:
9780071776905
Publisher:
McGraw-Hill Professional Publishing
Publication date:
08/22/2011
Pages:
336
Product dimensions:
6.30(w) x 9.10(h) x 1.20(d)

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