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4th Annual Emmy Awards for Business & Financial Reporting
To Announce Nominations on October 31

New York, N. Y. – October 26, 2006 – The National Academy of Television Arts & Sciences will present its Lifetime Achievement Award in Business & Financial Reporting to Paul Steiger, Managing Editor of The Wall Street Journal, overseeing U.S. and international print and online editions, and Vice President of Dow Jones & Company. The award will be presented at the 4th Annual Emmy®Awards for Business & Financial Reporting, to be held Thursday, December 7 at the Rainbow Room in New York City.  The event will be sponsored by Portfolio, Condé Nast’s forthcoming business magazine.

The Emmy Awards for Business & Financial Reporting recognize outstanding achievement in business & financial reporting telecast from July 1, 2005 thru June 30, 2006.  Nominations for the 4th Annual Emmy Awards for Business & Financial Reporting will be announced on Tuesday, October 31.

“Paul Steiger’s career in business journalism is a long and distinguished one, setting high standards for reporting and editing both in print and on the Internet,” said Peter Price, President/CEO of the National Television Academy.  ”This Lifetime Achievement Award comes appropriately as he marks two and a half decades at The Wall Street Journal, the world’s most influential business publication – a publication that is a model for all business reporting.

“In addition, Paul has been admirable in his support of excellence in journalism, currently serving as Chairman of the Pulitzer Prize Board and also as Chairman of the Committee to Protect Journalists, a press freedom organization recently recognized by the National Television Academy.  And he has been instrumental in supporting the National Academy of Television Arts & Sciences’ development of the Emmy Awards for Business & Financial Reporting, which now presents him with its highest honor.”   Price noted that for the past three years, Steiger has presented a “state of the business” address at the Emmy Awards for Business & Financial Reporting.

Steiger has served as the Managing Editor of The Wall Street Journal since 1992. He is also a member of the Dow Jones executive committee. Under his leadership, The Wall Street Journal’sreporters and editors have earned 14 Pulitzer Prizes.

Steiger joined the Journal in 1966 as a reporter in the San Francisco bureau.  In 1968, he moved to the Los Angeles Times as a staff writer and, in 1971, he transferred to that paper’s Washington, D.C., bureau as an economic correspondent.  He returned to Los Angeles in 1978 to serve as theTimes’ business editor.

In 1983, Steiger rejoined the Journal as an assistant managing editor in New York and became deputy managing editor in April 1985. He was appointed managing editor in June 1991 and became a vice president of the Journal in May 1992.  The editors and news staffs of the European and Asian Journals began reporting to him in July 2002.

In 2005, Steiger was elected Chairman of the Committee to Protect Journalists, a New York-based nonprofit organization founded in 1981 to promote press freedom by working for the rights of journalists world-wide. Also in 2005, Steiger was honored with the “Decade of Excellence” award from the World Leadership Forum.  In 2002, Steiger was selected as the first recipient of the American Society of Newspaper Editors’ Leadership Award, honoring his more than a decade of strong leadership at The Wall Street Journal. The John E. Anderson Graduate School of Management at UCLA honored him with the 2002 Gerald Loeb Award for lifetime achievement. Also in 2002, he was awarded the Columbia Journalism Award, given to honor a “singular journalistic performance in the public interest,” and the highest honor awarded by the Columbia University School of Journalism. He was named a 2001-2002 Poynter Fellow by Yale University. The National Press Foundation awarded him the 2001 George Beveridge Editor of the Year Award for qualities that produce excellence in media. In March 1999, he was elected to the Pulitzer Prize Board, and earlier this year he was named Chairman of the Pulitzer Price Board. Steiger personally won three Gerald Loeb Awards and two John Hancock awards for his economics and business coverage. He is co-author of the book, “The ’70s Crash and How to Survive It,” published in 1970.

Born in New York City, Steiger graduated from Yale University with a B.A. in economics.

          The National Television Academy is a professional service organization dedicated to the advancement of the arts and sciences of television and the promotion of creative leadership for artistic, educational and technical achievements within the television industry. It recognizes excellence in television with the coveted Emmy Award forNews & Documentary, Sports, Daytime, Creative Arts, Public & Community Service, Technology & Engineering/Advanced Media and Business & Financial Reporting. Excellence in Primetime programming and international programming is recognized by its affiliate, the Academy of Television Arts & Sciences.   Regional Emmys are given in 19 regions across the United States. Beyond awards, the National Television Academy has extensive educational programs including National Student Television and its Student Award for Excellence for outstanding journalistic work by high school students, as well as scholarships, publications, and major activities for both industry professionals and the viewing public.  For more information, please visit the website