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.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.