Wall Street Journal online out-earns print version

April 15, 2005 By Leave a Comment

Last quarter, the online version of The Wall Street Journal for the first time earned more money than the flagship print version, reports the New York Post. Financial problems, including drops in advertising revenue, have plagued the WSJ’s parent Dow Jones & Co. lately. “Print publishing is not a profitable business for Dow Jones anymore,” said Matrix USA analyst Seth Feinseth. As such, Wall Street Journal CEO Peter Kann has locked his gaze on the online version – which boasts 731,000 subscribers – as the way toward future growth. A year’s subscription to the Wall Street Journal Online is $84, compared with around $356 for the print version.

Filed Under: Business
About Karl-Erik Stromsta

Karl-Erik -- who has a master's in print journalism from the University of Southern California -- is a fellow in the Carnegie-Knight foundation's News21 initiative. He has written for Dow Jones Newswires, the Daily Breeze, Los Angeles Alternative and others. Before moving to Los Angeles, he studied biology at Michigan State University and taught English in France.

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