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From the WSJ about parent company Dow Jones:
“Dow Jones & Co., in likely its last full quarter as an independent company, posted a steep drop [87%] in net income, but operating performance improved as a result of strength at the company’s nonprint businesses.”
With the News Corp. purchase of Dow Jones expected to close later this year, the company is considering turning WSJ.com from a subscription site into a free, ad-based site. “Such a move is expected to increase advertising revenue, but would cut out sales of online subscriptions.”