Murdoch: Online ‘Wall St. Journal’ Subs Make $100 Million

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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.

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