Magazine article Editor & Publisher

'A Publishing Heritage'

Magazine article Editor & Publisher

'A Publishing Heritage'

Article excerpt

Some Facts About New

With its Dow Jones and Reuters pedigree, the Web-based service feels it can succeed during the dot-com downturn

This past July, made its debut dur-ing a summer of dot-com becalmings. So why might this new entity succeed when other online companies have failed?

"We have a publishing heritage," said Factiva President and CEO Clare Hart.

Indeed, Factiva is a 2-year-old joint venture of two companies well-known in journalism circles: Dow Jones & Co. Inc. and Reuters. is a Web-based news and business-information service that combines the strengths of Dow Jones Interactive (DJI) and Reuters Business Briefing (RBB). For instance, DJI had more sophisticated search functions, while RBB was stronger in the area of photos.

The constantly updated gives customers access to nearly 8,000 sources in 118 countries, including more than 270 newswires and 1,000 newspapers -- such as The Wall Street Journal, The New York Times, the Financial Times in London, Le Monde in Paris, the South China Morning Post in Hong Kong, and 29 Knight Ridder papers. …

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