Providing Electronic Information
We do not fight advancing technology--we attempt to envelop it, absorb it, and utilize it to allow us the opportunity to serve the business community, both nationally and internationally, with the best product representation of both techniques--print and electronics.
WILLIAM L. DUNN, president/ publisher of the Information Services Group, Dow Jones & Company
THE ALACRITY with which Dow Jones, along with Knight-Ridder Newspapers, authorized on March 3, 1981, the joint offer to purchase all of the stock of UA-Columbia Cablevision, Inc., in a transaction valued at $265.1 million, reflects the consensus that cable is a critical avenue for the future of newspaper organizations.
UA-Columbia, based in Westport, Connecticut, operates cable-TV systems serving 430,000 subscribers and also supplies cable programming through USA Network, equally owned by UA-Columbia and a unit of Gulf & Western Industries, Inc.
In an announcement of the UA-Columbia Cablevision offer, Warren Phillips, chairman of Dow Jones, and Alvah H. Chapman, Jr., president of Knight-Ridder Newspapers, were quoted as saying, "The company's management has built an outstanding organization and it has a very bright future--one in which it will continue to grow and