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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