The company is owned by News Corp., which separates its financial performance. Third-quarter revenue increased to $529 million while EBITDA profits increased to $109 million.
Digital revenues at Dow Jones in the quarter represented 79 percent of total revenues compared to 76 percent in the prior year. Circulation and subscription revenues increased $49 million, or 13 percent, which includes the contributions from the acquisitions of OPIS and CMA.
Circulation revenue declined 1 percent, primarily due to lower print volume and lower revenues from Investor’s Business Daily, partially offset by the continued growth in digital-only subscriptions, primarily at The Journal. P
During the third quarter, total average subscriptions to Dow Jones’ consumer products reached over 5.1 million, a 6 percent increase compared to the prior year. Digital-only subscriptions to Dow Jones’ consumer products grew 10 percent.
Total subscriptions to The Journal grew 5 percent compared to the prior year, to nearly 3.9 million average subscriptions in the quarter. Digital-only subscriptions to The Journal grew 9 percent to 3.3 million average subscriptions in the quarter, and represented 85 percent of total Journal subscriptions.
The earnings release can be found here.
Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…
Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…
Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…
Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…
Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…