≡ Menu

Wall Street Journal To Cut Back Print Outside the US

The Wall Street Journal plans to discontinue production of print edition outside the United States in what is the latest testament that popularity of print is waning and it is no longer as lucrative for news outlets to maintain print editions of their journalism. From a Financial Times report: The print edition of the business and finance newspaper, which is owned by Rupert Murdoch’s News Corp, will no longer be available in Europe (paywalled; alternative source), according to two people briefed on the plans. Free copies and unprofitable hotel “amenity deals,” where hotels buy bulk copies at a discount, are also being scrapped. However, Dow Jones, the News Corp division that owns the Journal, is debating whether to continue mailing copies to subscribers who still want a physical paper. It is pursuing a similar approach in Asia but is in talks with a partner about a print joint venture that would continue distribution in one big market there, according to the people with knowledge of the discussions. In Australia some Wall Street Journal pages are available as an insert in The Australian, another Murdoch-owned paper.

Read more of this story at Slashdot.

{ 0 comments… add one }

Leave a Comment

Home | About | Contact | Disclaimer | Terms | Privacy

Copyright © 2017 by Tom Connelly | All Rights Reserved