Thursday, July 21, 2005
WSJ online overtakes WSJ. Sort of.
The Business2Day blog has pretty significant news from the publishing industry.
The publisher of the Wall Street Journal makes more money from online than from its dead tree business. In the June quarter, electronic publishing (which includes Dow Jones Newswires, WSJ.com, and MarketWatch) brought in only half the revenues of print publishing ($128 million vs. $236 million), but quadruple the operating income ($29 million vs. $7 million).
