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There will be another Web log from The Wall Street Journal (DJ). In a q-and-a interview, WSJ.com managing editor Bill Grueskin said he really he likes blogs, especially "pro-sumer" efforts like Rafat Ali's PaidContent.org. "Those kinds of ventures present tremendous markets, both for bloggers and the MSM (mainstream media) who admire them," said the managing editor of WSJ.com. "That's why we created Law Blog and the page that surrounds it, and is also why we're rolling out a blog on wealth early next year,” Grueskin told MediaShift.

Barrons.com, a Dow Jones property, also has a killer blog on investing written by Eric Savitz.

Did WSJ buy an existing wealth blog or is it building one? We'll have to wait to find out.

Disclaimer: I own shares of Dow Jones.

Editor's note: Beyond mentioning blogs, the MediaShift interview with Brueskin provides Dow Jones investors with important insight on the company's digital strategy -- highly recommended.

Source: WSJ.com Managing Editor On Blogs And Digital Strategy