Murdoch: WSJ.com Will Stay Subscription-Based

News Corp (NWS) chairman Rupert Murdoch has said that the Wall Street Journal online will retain a paid subscription model, despite months of speculation that the site would go completely free.

Although the full details of the plan are not clear, Murdoch said that while much more of the site would be offered for free, “the really special things will still be a subscription service, and, sorry to tell you, probably more expensive.”

The decision bucks the recent trend of other subscription services being dropped as online advertising revenue offered a viable economic alternative to paid subscriptions, the biggest switcher being the New York Times in September 2007.

(via WSJ)

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2008 Jan 25 07:58 PM