Murdoch Wants a Free Wall Street Journal Online
By Jane • Sep 25th, 2007 • Category: Publishing News • •
Rupert Murdoch consummated a deal to buy Dow Jones & Co for $5.6 billion and now is urging the board to make the online Journal free. The Wall Street Journal currently charges $99 and is the only major news site that has an online fee now that the New York Times has eliminated the subscription for its Times Select.
Murdoch believes that the Wall Street Journal online is losing ad revenue because of the restricted readership and that the increase of views from the elimination of a fee based access would be offset by increased ad dollars.
Via CNet.com
Jane is a long time romance reader whose passion is, you guessed it, reading. Jane also does not like to talk about herself in the third person, but apparently this is the way that this biography thing works (although in a true biography, someone else would be writing this blurb). Anyway, currently Jane loves urban fantasy authors Patricia Briggs and Ilona Andrews. She's really excited about this year's crop of historicals including Joanna Bourne's The Spymaster's Lady and Sherry Thomas' Private Arrangements and the upcoming Loretta Chase Her Scandalous Ways.
She's looking for a good contemporary author. Email her with a recommendation!
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Oh, Mr. Murdoch, please don’t make the Journal into FOX News print.
Dow Jones has basically made the WSJ.com online subscription free. How you ask? In stead of asking for $99, it’s basically giving it away with the print version subscription.
Example: http://1.wallstreetjournaI.googlepages.com
You’ll find the new offer where instead of $215 for the print version for 1 year, they’re selling it for $125/year. PLUS, they throw in 2 months extention. PLUS they throw in the WSJ.com online subscription too. $125 for BOTH the online and print versions — that’s a real bargain, especially for the WSJ reader demographic.