Wall Street Journal Confirms The Paywall's Here To Stay

Rupert Murdoch has confirmed that the Wall Street Journal is keeping its internet paywall. Not only that, but he added that the WSJ will be jacking up their online subscription prices. The news was leaked through a WSJ blog dedicated to Davos. Here’s what was on the record from a public Q&A session with Murdoch at Davos, as reported by Emily Steel of the WSJ:

“We are going to greatly expand and improve the free part of the Wall Street Journal online, but there will still be a strong offering [for subscribers] … The really special things will still be a subscription service, and, sorry to tell you, probably more expensive.”