News Corp CEO Thomson: WSJ reaches 3 million subscribers
The Wall Street Journal has reached approximately 3 million subscribers in the last week, a new record, with over 2.2 million that are digital-only, according to comments made Thursday by News Corp. CEO Robert Thomson.
Earlier, Journal parent Dow Jones & Co. had received 3 million subscribers across all of its publications, and that was a goal of outgoing CEO William Lewis.
Dow Jones saw 20% growth in digital-only subscribers in the quarter to over 2.5 million, including 15% growth in digital-only subscribers at The Wall Street Journal, which saw record digital traffic.
For the quarter, digital revenues for Dow Jones and the newspaper mastheads represented 42% of their combined revenues, and at Dow Jones, digital accounted for 58% of its circulation revenues.
The comments were made during the News Corp. third-quarter earnings release.
To read the entire release, go here.