WSJ launches new premium content website
The Wall Street Journal is set to launch a new $600 a year WSJ ‘professional edition’ website.
The advanced WSJ site has been designed to appeal to business readers wanting more detailed information than is currently available on the newspaper’s website, according to reports.
News Corp’s new venture will partner with Dow Jones Newswires and other sources including the news archive Factiva, which are also owned by Rupert Murdoch.
The service is expected to cost users around $49 per month and adds to Murdoch’s recent push to generate more revenue from online news services.
WSJ Professional Edition will allow users to set up a customised version of the website with news feeds, information and alerts for the markets and industries they are interested in.
Subscribers will also have access to the regular content on WSJ.com and selected Dow Jones news stories.
Earlier this week, Murdoch announced plans to increase revenue from charging content aggregators and users.
Speaking at a shareholder meeting in New York, Murdoch said: “We’re determined to take a leadership position in creating an economic template for the future.”
Murdoch also plans to implement a paid-for system for access to News International’s UK newspaper websites such as The Times and The Sun. However, it is understood that the UK titles will continue to provide online news for free but will charge for in-depth content, analysis and mobile services.