Here's a bit of a shocker. The online version of the Wall Street Journal is outearning the traditional print version:
"They're simply losing market share to other media. Print publishing is not a profitable business for Dow Jones anymore," said Feinseth.Hmmm. So is the WSJ the exception that proves the rule, or should we be making you guys pay through the nose around here?
Kann is hoping that the company's long-range growth also comes in online publishing, which has profit margins at least 20-fold higher than print.
The Wall Street Journal Online is signing up thousands of new subscribers, up 5.2 percent for the quarter, to a total of 731,000.
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