Motley Fool contributor Rich Duprey writes Thursday that he got a renewal notice for his Wall Street Journal subscription in the mail today that tells him he can save money if he also subscribes to the paper’s Web site.
“What the renewal notice doesn’t discuss is what protection I have against any and all price decreases. If I renew now and Murdoch follows through on his plan to eliminate the online subscription, will he be sending me a check for the difference? Will my print subscription be extended? Will this end up being a mess?”
Later, he concludes, “While I appreciate the paper trying to protect me against ‘any and all’ price hikes, I think that when I do renew it will just be for the print version. That way, when Murdoch does make good on his promise, I need not trouble him to refund me the difference. It would just be nice if the marketing department was on the same page as the rest of the paper.”
Read more here.
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I recently canceled my WSJ print subscription - I work full time in a library, so it's not like I don't have access. There was an attempt to get me to switch to the online version, and when I mentioned the free online WSJ plan, the young lady I spoke to said in a scoffing manner: "That's not going to happen". So there's either a disconnect or a lie somewhere. Or both.
I have always believed that Mr. Murdoch has a plan up his sleeve for making the online version FREE. But it might need some time to implement.
Also there might be a case of re-structuring the management that is creating some confusion.
Anyway, only time will reveal the truth.