Murdoch plans to make Wall Street Journal free

20/09/2007

Rupert Murdoch has declared he is interested in removing the $99 (£49) subscription charge from the Wall Street Journal's wsj.com website, writes Brand Republic. "It would be an expensive thing to do in the short term. In the long term, it may be a great thing to do," said Murdoch addressing the Goldman Sachs Communacopia conference. WSJ.com currently has 983,000 subscribers. Murdoch's $5bn (£2.5bn) acquisition of Wall Street Journal parent company Dow Jones should be completed by November.
From Brand Republic: http://www.brandrepublic.com, 19/09/2007
WSJ.com: http://www.wsj.com/

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