OLD Media Moves

News Corp CEO Thomson: WSJ reaches 3 million subscribers

May 7, 2020

Posted by Chris Roush

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.

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