Wall Street Journal

WSJ to Supplant USA Today as Nation's Top-Selling Newspaper

Authored by Mark Hefflinger on October 14, 2009 - 9:30am.
Arlington, Va. - USA Today no longer is the nation's top-selling newspaper, according to newly released reports.

News Corp. Results Dinged by MySpace; Plans Pay News Sites

Authored by Mark Hefflinger on August 6, 2009 - 7:24am.
New York - Media conglomerate News Corp. (NYSE: NWS) reported a 10.7% decline in quarterly revenue, to $7.67 billion, and a net loss of $203 million, largely due to an operating loss of $136 million at social network MySpace. The loss at MySpace was attributed to the declining ad market, and competition from rival Facebook.

Wall Street Journal Website to Introduce Micropayments

Authored by Mark Hefflinger on May 11, 2009 - 7:21am.
New York - News Corp. (NYSE: NWS) plans to implement a micropayments system at the website of its Wall Street Journal newspaper, so that users could pay to read occasional individual stories without having to spend over $100 for a year's subscription to the site, the Financial Times reported. "It's a payments system -- once we have your details we will be able to charge you according to what you read, in particular, a high price for specialist material," Journal managing editor Robert Thomson told Reuters.

Wall Street Journal Releases Free iPhone Application

Authored by Mark Hefflinger on April 16, 2009 - 11:17am.
New York - News Corp.'s (NYSE: NWS) Wall Street Journal has introduced an iPhone (NASD: AAPL) application that, unlike the Web version of the newspaper, offers all of the content posted on WSJ.com for free, Wired.com reported. An online subscription to the newspaper costs $103 per year, and monthly subscriptions to The Journal's content on Amazon's Kindle e-book reader device are $9.99 per month.

 

Nasdaq to Offer Real-Time Web Quotes on Google, CNBC, WSJ

Authored by Mark Hefflinger on June 2, 2008 - 12:19pm.

New York - The Nasdaq announced on Monday the launch of a new service that will place free, real-time quotes on the websites of CNBC, Google and The Wall Street Journal Digital Network. Previously, Nasdaq quotes were only available under a 15-minute delay on the Web. The Nasdaq partnered with Xignite to provide the real-time quote service to its distribution partners.

Loomia Launches Social Net Application with WSJ, NBC, CNET

Authored by Mark Hefflinger on January 30, 2008 - 1:09pm.

San Francisco - Loomia announced on Wednesday the launch of SeenThis?, an application that lets social network members see what their friends and group affiliations are reading and viewing on the sites of Loomia launch partners The Wall Street Journal (NYSE: NWS), NBC Universal (NYSE: GE) and CNET Networks (NASD: CNET). The application will allow Facebook members, for instance, to see which WSJ.com articles or streaming NBC TV episodes are currently popular among their Facebook friends, as well as among members of the various groups they belong to on Facebook, such as their university's.

Microsoft to Serve Ads on Wall Street Journal Websites

Authored by Mark Hefflinger on January 29, 2008 - 10:43am.

Redmond, Wash. - Microsoft (NASD: MSFT) announced on Tuesday that it has signed a deal with News Corp.'s (NYSE: NWS) Wall Street Journal Digital Network, to become the exclusive provider of contextual and paid search ads on sites including The Wall Street Journal Online, Barrons.com, MarketWatch.com and AllThingsD.com.

Murdoch: WSJ.com to Retain Subscription Model, Raise Prices

Authored by Mark Hefflinger on January 25, 2008 - 10:16am.

Davos, Switzerland - News Corp. (NYSE: NWS) chairman Rupert Murdoch said on Friday that he plans to keep a large portion of the content on the website of his newly acquired Wall Street Journal behind a subscription firewall, and indicated that subscription prices are likely to rise, The Journal reported. The remarks, made at the World Economic Forum in Davos, Switzerland, countered earlier hints that Murdoch was contemplating making the entire site free to access.

Wall Street Journal Makes Editorial Content Free Online

Authored by Mark Hefflinger on January 10, 2008 - 12:51pm.

New York - News Corp.'s (NYSE: NWS) Wall Street Journal on Thursday made its editorial page content free to read online, in the first move on a possible path towards making the entire paper available for free online. The newly free offering includes WSJ's editorial page content, columnists, and both original video and clips from its weekly TV program on Fox News Channel. The paper described the move as, "as close as we'll get to conceding there is such a thing as a free lunch."

Dow Jones Shareholders Approve News Corp. Deal

Authored by Mark Hefflinger on December 13, 2007 - 9:53am.

New York - Dow Jones & Company (NYSE: DJ), publisher of The Wall Street Journal, announced on Thursday that its shareholders have approved a $5.6 billion sale of the company to News Corporation (NYSE: NWS), with 60.27% of shares voting in favor of the deal. The Journal reported that about 78% of outstanding common shares voted in favor of the deal, compared with 54% of supervoting shares -- most of which is held by the Bancroft family, which has long controlled Dow Jones.

Murdoch Expects to Drop Subscription Fee at WSJ.com

Authored by Mark Hefflinger on November 13, 2007 - 9:27am.
WSJ.com logo

Adelaide, Australia - News Corp. (NYSE: NWS) chairman Rupert Murdoch, whose company is acquiring Dow Jones & Co. (NYSE: DJ), publisher of The Wall Street Journal, said on Tuesday that he intends to abandon the subscription model on the paper's website -- which recently hit a million subscribers -- in favor of a free, advertising-supported model, the Associated Press reported.

Edwards Criticizes Dow Jones-News Corp Deal

Authored by dmw on August 3, 2007 - 10:03am.
Washington - U.S. Democratic presidential hopeful John Edwards criticized News Corp.'s plan to buy the Wall Street Journal on Thursday, saying it would stifle independent voices.

WSJ: News Corp. "Set to Clinch" $5 Billion Acquisition of Dow Jones

Authored by Mark Hefflinger on July 31, 2007 - 3:32pm.

New York - Rupert Murdoch's News Corporation looks to have overcome dissent within the Bancroft family, which controls voting interest in Wall Street Journal publisher Dow Jones & Co., and will be successful in its $5 billion bid for the company, according to reports in the Wall Street Journal, New York Times and elsewhere.

WSJ: Bancroft Faction to Oppose News Corp. Buyout of Dow Jones

Authored by Mark Hefflinger on July 27, 2007 - 12:45pm.

New York - A branch of the Bancroft family, the controlling shareholders of Dow Jones & Co., plan to vote against accepting News Corp.'s buyout offer of $60 per share for the company, the Wall Street Journal reported, citing a person familiar with the situation.

Dow Jones Board Approves News Corp. Takeover; Bancroft Family Looms

Authored by Mark Hefflinger on July 18, 2007 - 10:31am.

New York - News Corp.'s $5 billion takeover of Dow Jones & Co. is one step closer to fruition after Dow Jones' 16-member board voted in favor of the deal Tuesday night, The Wall Street Journal reported.

News Corp., Dow Jones Reach Tentative Deal; Bancroft Approval Needed

Authored by Mark Hefflinger on July 17, 2007 - 9:54am.

New York - Rupert Murdoch's News Corp. has reached a tentative deal to acquired Wall Street Journal publisher Dow Jones for $5 billion, but must still gain approval from the Bancroft family, which owns 64% of Dow Jones voting power and has expressed reservations about the deal, the Wall Street Journal reported on Tuesday.

Bancroft Family Will Consider Dow Jones Sale To News Corp, Driven By Digital Media Revolution

Authored by Scott Karp on May 31, 2007 - 8:44pm.

In a dramatic turnabout, the Bancroft family, which controls Dow Jones and the Wall Street Journal, agreed to discuss a sale of the company to Rupert Murdoch’s News Corp after initially refusing to do so. There are a number of hints that the turnabout was driven by concern over the future of Dow Jones in a digital media world:

CNN and Wall Street Journal Embrace Aggregation Of Third-Party Content

Authored by Scott Karp on May 31, 2007 - 5:04pm.

Linking to other media companies’ content used to be unthinkable for traditional media brands, but attitudes have changed after Google made $10 billion in advertising by doing nothing but link to other media companies’ content (and run ads on other companies’ content).

Mark Cuban: Rupert Murdoch, Newspapers, TV and the Net - It's Convergence Time!

Authored by Mark Cuban on May 20, 2007 - 8:16pm.
It's interesting to me that the organizations that should be combining as quickly as they can aren't. What are the strongest news brands in this country? Rupert Murdoch would tell you that the Wall Street Journal is at or near the top. You can put the New York Times, Washington Post and others up there as well. You could probably put Time and Newsweek on the list as well. All are print. For years the TV networks have spent billions on promotion, people and production to try to create a definable and sustainable brand that drives viewership. In the internet era, it hasn't worked as choice has significantly diluted their audiences.