Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 10:41:38 PM CDT

Learn about Newser Points »

« Back to the grid | Next story »

Murdoch May Take Journal Online Only

Posted Aug 1, 07 4:45 PM CDT in US,  Business 

(Newser) – Rupert Murdoch’s grab for the Wall Street Journal could mark the demise of hard-copy newspapers and their online subscriptions, Bernhard Warner predicts in Murdoch’s own Times Online. Warner says turning the Journal’s subscription-based website into a free, ad-supported business will be among Murdoch’s top priorities as the new owner of Dow Jones, and may mean the end of the paper edition as well.

With the easy availability of online news, 24-hour news channels, and blogs, Warner says readers no longer want to pay for news on dead trees, evidenced by falling print readership. Dow Jones, Warner argues, lost money on the Journal’s web business because of subscriptions, but Murdoch may finally usher in an era of “realism and inevitability” about the fading print industry.

Source Times (UK)

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Murdoch Names Thomson New Journal Editor

    May 21, 08 4:00 AM CDT
    Rupert Murdoch has named Wall Street Journal publisher Robert J. Thomson as its top editor, reports the New York Times. Thomson, whom Murdoch made publisher just five months ago, was previously the top editor of Murdoch's Times of London. His appointment is expected to speed the pace of change at the paper, in the wake of the resignation of former managing editor Marcus Brauchli, who was forced out last month. More »

  • Journal Staff Uneasy as Murdoch Era Rolls On

    May 9, 08 10:59 AM CDT
    Journal Staff Uneasy as Murdoch Era Rolls On Tensions are running high in the Wall Street Journal’s newsroom, the New Republic reports, as staffers wonder just where this Murdoch thing is going. Managing editor Marcus Brauchli’s resignation still hangs heavy in the air. Murdoch pushed Brauchli to resign, and paid him millions to sign a non-disclosure agreement. “We're a business newspaper, so we know a sell-out when we see one,” one angry staffer said. More »

  • Cut the Charade: Let Rupert Have His Way With Journal

    May 1, 08 11:32 AM CDT
    Let’s stop kidding ourselves, Jack Shafer writes in Slate: Rupert Murdoch is seizing control of the Wall Street Journal, and we might as well be done with the “Special Committee” that was supposed to protect editorial independence. The Bancroft family insisted on the creation of the board, which then proved itself  "a set of high-paid flunkies" who sat on their hands as the paper’s top editor was forced out. More »

  • WSJ Oversight Panel Slams Editor's Ouster

    Apr 29, 08 5:53 PM CDT
    WSJ Oversight Panel Slams Editor's Ouster A committee formed to protect the editorial independence of the Wall Street Journal from Rupert Murdoch’s influence said today the solicited resignation of managing editor Macrus Brauchli violated an agreement with Murdoch's News Corporation, Reuters reports. The committee is supposed to review all high-level hirings and firings, but, as Brauchli opted to resign, it learned of his ouster only after the fact. More »

  • Paid Off And Gagged, WSJ Honchos Betray Treasured Trust

    Apr 28, 08 2:41 PM CDT
    Paid Off And Gagged, WSJ Honchos Betray Treasured Trust More top Wall Street Journal execs have been spit out by the Murdoch machine, and the staff they leave behind is furious they’re leaving so quietly. Zipping their mouths was part of hefty severance packages, David Carr notes in the New York Times, and as the line evaporates between editorial standards and owner's whims, the protectors of journalistic independence are missing in action. More »

Rupert Murdoch has sealed a deal to buy Wall Street Journal publisher Dow Jones & Co. for $5 billion, ending a century of family ownership and adding a crown jewel to his global media empire, News Corp....   (Associated Press)
The traditional subscription-based Wall Street Journal reports on its own new ownership.   (Associated Press)
A traveler reads the Wall Street Journal. News Corp. and Dow Jones announced early Wednesday morning that they signed a definitive merger agreement after the deal won sufficient support to pass from a...   (Associated Press)
Dow Jones announces its own acquisition by Murdoch and his global media empire, News Corp. (AP Photo/Mark Lennihan)   (Associated Press)
Murdoch addressed the issue of an online conversion, saying "It would be successful, it would work and you'd make...a little bit of money. Then again, the Journal and The Times make very little money...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (1 of 2)

Tags

Internet  • Dow Jones  • Rupert Murdoch  • News Corp  • Wall Street Journal  • newspaper


Loading...

Loading...

Today's Most Popular


Other Home Stories

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »