WSJ Europe publisher resigns amid ethics scandal

The Wall Street Journal Europe’s publisher has left his post after a deal between the newspaper and another company caused concern over a “breach of ethical standards,” said Dow Jones, which owns the paper, The Associated Press reported.

Andrew Langhoff’s resignation comes following a deal between the newspaper’s circulation department and Executive Learning Partnership, a consultancy based in the Netherlands.

Two articles in the WSJ’s Special Reports section were published because of the deal between the circulation department and ELP, The New York Times reported. The articles, which appeard on Oct. 14, 2010 and March 14 of this year, were reported and written by the News Department. “However, any action that creates an impression that news coverage can be influenced by commercial interests is a breach of the ethical standards of Dow Jones & Co.,” the clarification, published today, stated.

The deal “could give the impression that news coverage can be influenced by commercial relationships,” and even the appearance of an ethical breach would not be tolerated, Dow Jones said in a statement, according to the AP.

The agreement between ELP and the WSJ, part of News Corporation, is now expired, according to the WSJ’s clarification.

In addition, the Guardian reported it had “found evidence that the Journal had been channelling money through European companies in order to secretly buy thousands of copies of its own paper at a knock-down rate, misleading readers and advertisers about the Journal’s true circulation.”

Image: Newseum
This entry was posted in Dow Jones, Ethics, News Corp., Wall Street Journal. Bookmark the permalink.

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