Wall Street Journal Will Likely Dump Paid Service

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)