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Wall Street Journal Will Likely Dump Paid Service

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wsj.jpgNews Corp head Rupert Murdoch has said that he was “leaning toward” making the online Wall Street Journal free, but had not yet made a formal decision.

The news comes after the New York Times dumped their pay-for-view service Monday.

The Wall Street Journal currently charges $99 per year for full access to all content at wsj.com

Murdoch rejected criticism that a free wsj.com would hurt the newspaper, saying that making the site available free would help boost viewership and revenue globally… ‘If you make it free, it will hurt the paper’ — I don’t think so,”

(via Reuters)

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