Advertising revenue at the Wall Street Journal fell by 10 percent in February, while ad revenue at sister paper Barron’s was up slightly, according to parent company Dow Jones on Thursday.
The release stated, “Advertising revenue at The Wall Street Journal decreased 10.0% in February on a 6.6% decrease in advertising volume, due to declines in the technology, financial, general and classified advertising categories. Technology advertising volume decreased 12.2% as decreases in communications and personal computers advertising were partially offset by increases in software and office products advertising.
“Financial advertising volume decreased 9.8% primarily due to a decrease in retail advertising partially offset by an increase in wholesale advertising. General advertising volume decreased 5.4% as decreases in auto, pharmaceutical, corporate, aviation and other general business advertising were partially offset by increases in travel, luxury goods and other consumer advertising. Classified advertising volume decreased 3.8% due to a decrease in real estate advertising partially offset by an increase in other classified advertising.
“At Barron’s, total advertising revenue increased 0.5% in February on a 0.6% decrease in advertising pages due to an increase in financial advertising partially offset by decreases in general and technology advertising.
“International advertising revenue increased 16.6% in February due to increases in general, financial and classified advertising partially offset by a decrease in technology advertising at The Wall Street Journal Asia and The Wall Street Journal Europe.”
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