Rupert Murdoch, head of News Corp (NWS) said it again today. He is leaning hard toward making the online edition of The Wall Street Journal free, according to CNN Money.
Depending on which measurement service one looks at, WSJ.com has something along the lines of 2.5 unique visitors. Dow Jones estimates put that number much higher. If the site were free, it is easy to see that number racing past NYTimes.com at about 13 million. NYT says all of its online editions will do close to $400 million this year.
What WSJ.com would give up is 983,000 paid subscribers, most paying about $80 a year.
That is a lot to give up, but Murdoch seems more than game.
Douglas A. McIntyre
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s made it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.