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Editor’s Note: Encyclo has not been regularly updated since August 2014, so information posted here is likely to be out of date and may be no longer accurate. It’s best used as a snapshot of the media landscape at that point in time.

is a daily financial newspaper that is based in New York and owned by Rupert Murdoch’s News Corp.

The Journal is the , with more than 2.2 million in combined print and digital daily circulation as of 2014 and an . It has long been considered the nation’s top newspaper for financial and business news.

Launched in 1889, the Journal is the flagship publication of the , a subsidiary of News Corp. The Journal also publishes and editions.

Paid content online

The Wall Street Journal’s website has been primarily restricted to paying customers since it was .

Currently, some of the site’s features are available to anyone, but access to the entire site is limited to online subscribers who pay . In 2010, the Journal reported to its website and other e-editions on its mobile devices, making it possibly the largest paid-subscription news site on the Internet. In 2011, the Journal reported adding , such as Apple’s iPad and Amazon’s Kindle. As of 2013, the Journal had 917,000 digital subscribers, accounting for about 40% of its total circulation. The paper  in 2012.

The Journal has opened up more of its content to nonsubscribers in recent years, allowing, for example, readers from to view individual articles for free. At the same time, though, managing editor and owner have with leeching off of news organizations’ content, and Murdoch has to remove all of News Corp.’s content from Google. The Journal began from Google’s First Click Free program in late 2011.

Digital and social media

Despite its paid-content system, the Journal has made a push into , using sites like , Twitter, and Facebook to drive traffic. It was the first news organization to launch a social news app inside Facebook. Additionally, the Journal has been among the first American newspapers to use Foursquare to deliver location-based updates to readers and to to share . In 2012, it to the news aggregation app Pulse. It also announced it would , WSJ Profile, in 2013.

The Journal was also one of the few newspapers with an at the device’s launch. Like the Journal’s site, the app is available on a subscription basis. As of early 2013, the iPad app had , and 32% of the site’s traffic came from mobile devices.

In May 2011, the Journal , a WikiLeaks-like system for securely uploading leaked documents. The system met criticism both for and for its , which .

The Journal began producing live streaming web video in 2009, and produced more than 4 hours a day of video content as of 2012. The format has been particularly popular with advertisers. In September 2011, it for iPads and TV set-top boxes, and a in 2012. In August 2012, it , which features short videos from reporters and editors taken only via smartphones.

The Journal in 2014, though its editor had previous describe such a strategy as a “Faustian pact.”

The Journal , The Accelerators and Startup Journal, to cover entrepreneurship and startups in 2012.

Greater New York

In April 2010, The Journal launched a daily standalone section of local news and sports coverage called .

The section, which circulates in the New York metro area, was to be a , particularly given its play for . Both papers also produce local editions in .

Rupert Murdoch’s ownership

From 1902 to 2007, the Journal and the Dow Jones Co. were by and his descendants, the Bancroft family. In December 2007, News Corp. . (Murdoch had made an unsolicited bid for Dow Jones earlier that year that was rejected by the Bancroft family.)

News of the acquisition was met with based largely on Murdoch’s typically hands-on style, but when the acquisition was announced, the Journal’s publisher at the time, Gordon Crovitz, that Murdoch’s ownership would not affect the newspaper’s editorial or ethical standards.

Several Dow Jones and Journal executives — including Crovitz — when Murdoch bought the paper, and were replaced by News Corp. veterans, including , the Journal’s former publisher, and , the paper’s editor. Hinton  in 2011 over the News Corp. phone-hacking scandal, while in 2012, News Corp. announced that Thomson would created in its upcoming split. Thomson was set to be by another News Corp. veteran, former Times of London U.S. editor Gerard Baker. , the Journal’s managing editor, was early in 2008, the executive editorship of The Washington Post.

Murdoch and Thomson toward a more general-interest focus, similar to that of The New York Times. The shift included more coverage of and national news stories, , and an on , newsier stories, .

Under Murdoch, the Journal has also been and with a both in its news and opinion coverage, and with of the News Corp. phone-hacking scandal. As of 2013, the paper for reporting since Murdoch took ownership.

In October 2011, the Guardian that the Journal’s European edition had channeled money through a Dutch company to buy copies of its own papers to boost circulation. A Dow Jones executive resigned as the allegations broke, and the Audit Bureau of Circulations .


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Primary author: Mark Coddington. Main text last updated: July 3, 2014.
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