The Wall Street Journal averaged 5 million total subscriptions in the quarter ended Sept. 30, up 9% year over year, while digital-only subscriptions neared 4.7 million, News Corporation said Wednesday.
The company’s results put the Journal’s quarterly average at 5.008 million total subscriptions, compared with 4.610 million a year earlier. Digital-only subscriptions averaged 4.663 million, up from 4.217 million in the prior-year quarter.
Digital-only accounts represented 93% of the Journal’s total subscriptions. Across Dow Jones’ news products, average total subscriptions exceeded 6.9 million, an 8% annual increase, while digital-only subscriptions grew 10% to nearly 6.5 million.
Dow Jones revenue rose 8% to $630 million in the quarter. Circulation and subscription revenue increased 7%. News Corporation reported quarterly revenue of $2.28 billion, up 6%, and net income of $215 million, a 43% increase from a year earlier.
