Wall Street Journal iPad app has 64,000 subscribers

When the iPad was announced many people wondered what you could do with an over-sized iPod, well it seems the news paper industry has found a use for it. During a conference call Rupert Murdoch, CEO of News Corp, announced that the Wall Street Journal (WSJ) app has 64,000 users after just one month.

The WSJ app for the iPad is free to download but access is limited, you have to fork out $18 a month for full access through the application. During the call Rupert mentions that with iPad subscribers all $18 goes to News Corp, the WSJ's parent company, unlike the Kindle which keeps a portion of the subscription fee before passing the rest to News Corp.

To finish off the call Rupert made one last announcement according to PaidContent, he said, "We’re in final discussions with a number of publishers, device makers and technology companies. We will soon develop an innovative subscription model to deliver digital content to consumers wherever and whenever they want it." He mentioned the digital content will include news and entertainment. When asked if the new service would compete with iTunes he confirmed it would.

Report a problem with article
Previous Story

Microsoft's Kin One and Two set for release tomorrow, steep price plans

Next Story

Comcast to launch high speed mobile service in Boston

11 Comments

Commenting is disabled on this article.

I'd hope the prices are a lot cheaper for internet bought writing, as nothing is going into much labor to print the material, there is no mass production cost, and is relatively just a past a link and make profit thing. Unless they ship you the paper version as well....

I wouldn't pay for the Wall Street Journal but maybe for some magazines. There really isn't any hope to having skin magazines on the iPad though because of Apple's ridiculous policies. Still, it isn't like that stuff is hard to find on the Internet....

That's not bad going. I seem to remember a time when people said that news sites that require payment for their content would never take off due to the number of free sources available. I guess if nothing else this proves that there is a market for paid news content.

Intrinsica said,
That's not bad going. I seem to remember a time when people said that news sites that require payment for their content would never take off due to the number of free sources available. I guess if nothing else this proves that there is a market for paid news content.

The wall street journal is a special case though because it helps people make my giving investment advice, so they will pay a little to make a little.

Admitingly I don't hjave hard facts, but I suspect that many subscribers of the Wall Street Journal are able to expense the cost (as I used to) or have the cost build it in as a normal business expense. I do not believe other periodicals/news sources are as lucky.

Intrinsica said,
That's not bad going. I seem to remember a time when people said that news sites that require payment for their content would never take off due to the number of free sources available. I guess if nothing else this proves that there is a market for paid news content.

but, how many are canceling the paper subscription and instead they are turning to a digital distribution.?