News Corp.'s Dow Jones division, publisher of The Wall Street Journaland Barron’s Group, has over 3.5 million subscriptions, the company announced.
The Wall Street Journal has crossed the 2 million digital subscriptions mark for the first time, according to the publisher's latest quarterly earnings report.
The total number of digital subscriptions at Dow Jones grew by 17% in the most recent quarter, with digital subscribers to The Wall Street Journal rising 13%.
Barron’s subscribers also hit record levels in the October-December quarter, at 615,000, up 8% over the previous year.
“Dow Jones revenues increased by 4% in the most recent quarter, compared to 1% for The New York Times,” stated Robert Thomson, CEO of News Corp.
Digital accounts for approximately 57% of consumer circulation revenues at Dow Jones, versus 44% for The New York Times, per the company. Some 62% of Dow Jones’ revenue came from digital last year.
The New York Times has more than 4.7 million total subscribers, with about 3.8 million subscriptions to its digital products.
Dow Jones also owns Professional Information Business, which includes Risk & Compliance, Newswires and Factiva.
In an earnings call with analysts Thursday evening, Thomson noted: “Our deals with Apple and Facebook are beginning to yield financial dividends for us.”
The Wall Street Journal’s new podcast with Spotify, “The Journal,” has been downloaded 20 million times since it launched in September, according to the report.