Wall Street Journal publisher Rupert Murdoch has quashed speculation that the Online Journal would become freely available, according to stories in a WSJ blog and Business Week. The site, WSJ.com (subscription required for some content), will continue to operate on a hybrid of advertising and subscription dollars and will keep a significant portion of its content behind its paid-subscription wall.
During a talk at the World Economic Forum in Davos, Switzerland Mr. Murdoch remarked that
“We are going to greatly expand and improve the free part of the Wall Street Journal online, but there will still be a strong offering (for subscribers). The really special things will still be a subscription service, and, sorry to tell you, probably more expensive.”
An anonymous comment on the WSJ blog said that the price is due to rise from $99 to $119 a year sometime in March but this could not be verified.
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