By: E&P Staff
News Corp. Chairman Rupert Murdoch told analysts late yesterday that online subscriptions to The Wall Street Journal generate about $100 million.
?I better be careful what I say and much sure the exactly figure, probably a $100 million in subscriptions there,? Murdoch said, according to the conference call transcript released on Seeking Alpha Thursday. ?And that certainly is over $100 million in advertising on that one Web site.?
For more on Murdoch?s remarks, check out the Fitz & Jen blog.