Murdoch Makes Case for FREE WSJ Online

NEW YORK -- News Corp chief Rupert Murdoch on Tuesday sketched out early plans for Dow Jones & Co Inc, saying he leaned toward making the online Wall Street Journal free but had not yet made a decision. He reiterated his proposal to make the Wall Street Journal's Web site free, rejecting criticism that it would hurt the newspaper. Murdoch said making the site, which currently charges a annual subscription fee of $99, freely available online would help boost viewership and revenue globally. He also talked about building a closer relationship between the Journal and Dow Jones Newswires, which compete with Reuters and Bloomberg. "Between the two, you have 1,600 journalists. That's a lot of journalists. There's a huge resource there to build on," Murdoch said. Full story...

Posted by Editor at September 19, 2007 02:12 AM