
The Wall Street Journal is owned by News Corp (NASDAQ: NWS, NWSA) through its Dow Jones and Company division. News Corp acquired Dow Jones in 2007 for $5.6 billion. The Wall Street Journal has 4.8 million total subscribers, with 4.5 million digital-only, as of Q4 FY2026. Dow Jones reported FY2026 revenue of $2.5 billion, up 7% year-over-year. News Corp is headquartered in New York City.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Wall Street Journal | News Corp | Subsidiary |
Charles Dow, Edward Jones, and Charles Bergstresser founded the Wall Street Journal on July 8, 1889, in New York City. The three men had previously operated Dow Jones and Company, a financial news service founded in 1882 that delivered handwritten financial bulletins to subscribers on Wall Street.
Charles Dow also developed the Dow Jones Industrial Average in 1896, which remains one of the most widely cited stock market benchmarks in the world.
Clarence Barron, a Boston financial journalist, acquired Dow Jones and Company in 1902 for $130,000. Barron transformed the Journal into a nationally distributed publication. Barron's descendants, the Bancroft family, maintained ownership for 105 years.
The Journal won its first Pulitzer Prize in 1947 for public service journalism. The newspaper expanded beyond financial news to cover politics, foreign affairs, and general business throughout the mid-20th century.
The Journal launched its website, WSJ.com, in 1996 and introduced a paid subscription model for online content in 1997, making it one of the first major newspapers to charge for digital access. This early move to digital subscriptions proved prescient as the broader newspaper industry struggled with the transition to digital media.
In 2007, Rupert Murdoch's News Corporation made a hostile bid for Dow Jones and Company at $60 per share, a 67% premium to the then-current stock price. The Bancroft family initially resisted but ultimately accepted after negotiations that included editorial independence provisions. The $5.6 billion acquisition closed in August 2007.
Under News Corp ownership, the Journal expanded its digital operations and grew its subscriber base significantly. The newspaper surpassed 3 million digital subscribers in 2020 and continued growing, reaching 4.8 million total subscribers by Q4 FY2026. Digital subscriptions have more than tripled since 2018, growing from 1.8 million to approximately 6.3 million across all Dow Jones news products.
In 2026, Dow Jones continued its digital transformation. Digital circulation revenues accounted for 76% of circulation revenues in Q4 FY2026. Digital advertising accounted for 69% of total advertising revenues, up from 65% in the prior year. The professional information business, including Dow Jones Risk and Compliance (which grew 11% to $102 million in Q4 FY2026) and Dow Jones Energy (which grew 4% to $76 million), has become an increasingly important revenue stream.
What does News Corp own?
News Corp owns a portfolio of approximately 20 media and information brands across four segments. The Dow Jones segment includes The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, and Factiva. Digital Real Estate Services includes REA Group in Australia and Realtor.com in the United States. Book Publishing operates HarperCollins globally. News Media includes The Times, The Sun, The Australian, the New York Post, and other newspapers in Australia, the UK, and the US.
Is News Corp publicly traded?
Yes, News Corp is publicly traded on NASDAQ under tickers NWSA (Class A) and NWS (Class B). The company has been listed since its spin-off from the original News Corporation in June 2013. Class A shares carry one vote per share, while Class B shares carry ten votes per share, giving the Murdoch family effective voting control.
Who founded News Corp?
News Corp was created in 2013 as a spin-off from the original News Corporation, which was founded by Rupert Murdoch. Murdoch built the original News Corporation over six decades, starting with a single newspaper in Adelaide, Australia, inherited from his father in 1952. The 2013 split separated the publishing and information assets (News Corp) from the entertainment assets (21st Century Fox).
Where is News Corp headquartered?
News Corp is headquartered in New York City, New York, USA. The company's corporate offices are located in Manhattan, where executive leadership, corporate finance, and centralized functions are based. Major operational hubs also exist in London and Melbourne.
How many brands does News Corp own?
News Corp owns approximately 20 notable media and information brands across its four segments. The most prominent include The Wall Street Journal, Barron's, HarperCollins, REA Group, Realtor.com, The Times, The Sun, The Australian, and the New York Post.
Who owns News Corp?
News Corp is publicly traded, but the Murdoch family controls the company through a dual-class share structure. LGC Holdco, a company owned by trusts benefiting Lachlan Murdoch and his younger sisters, holds approximately 33.1% of Class B common stock with ten votes per share. Voting control rests solely with Lachlan Murdoch. Institutional investors hold the majority of Class A shares. Rupert Murdoch serves as Chairman Emeritus.
What is News Corp's revenue?
News Corp reported fiscal 2025 revenue of $8.45 billion, a 2% increase from $8.25 billion in fiscal 2024. Net income from continuing operations was $648 million, up 71% year over year. Total Segment EBITDA reached a record $1.42 billion. The company's fiscal year ends June 30.
The Wall Street Journal operates under News Corp's corporate sustainability framework. The Journal's digital-first strategy reduces reliance on print distribution and associated environmental impacts. Digital circulation revenues accounted for 76% of circulation revenues in Q4 FY2026.
The Journal maintains ethical standards for journalistic practices, including editorial independence provisions established during the 2007 News Corp acquisition. The publication's newsroom maintains a reputation for non-partisan reporting, though critics have periodically questioned whether editorial independence has been fully maintained under Murdoch family ownership.
In June 2020, Journal journalists sent a letter to editor-in-chief Matt Murray demanding changes to coverage of race, policing, and finance, noting resistance to reflecting accounts and voices of workers, residents, or customers compared to executives and government officials.
No independent third-party sustainability certifications specific to the Wall Street Journal brand have been verified. Sustainability and ethics claims are based on News Corp corporate-level programs.
The Wall Street Journal has won numerous Pulitzer Prizes, journalism's highest honor, recognizing excellence in investigative reporting, explanatory journalism, and international reporting. The publication won its first Pulitzer Prize in 1947 for public service journalism.
The Journal's early adoption of digital subscriptions in 1997 has been recognized as pioneering in the media industry. The publication's successful transition from print-dominant to digital-first operations has received awards for digital innovation and subscription growth strategies.
The Journal is consistently ranked among the world's most influential newspapers. According to Dow Jones investor data, the Wall Street Journal was rated the most trusted global print and digital news brand for two straight years.
No specific independent awards for the 2026 calendar year have been verified for the Wall Street Journal brand beyond its historical Pulitzer Prize recognitions.
The 2007 acquisition by Rupert Murdoch's News Corporation raised immediate concerns about potential editorial interference. Critics questioned whether the Journal's news pages would exhibit a more conservative tone under Murdoch ownership, despite assurances that the company intended to "maintain the values and integrity of the Journal." Former editors and reporters have stated that the paper has adopted a more conservative tone since Murdoch's purchase, though the Journal maintains formal editorial independence provisions.
During the Trump presidency, the Journal faced criticism for its coverage, with some critics viewing the reporting as too timid. The November 2016 front-page headline that repeated Trump's false claim that "millions of people" had voted illegally, only noting the statement was "without corroboration," drew particular criticism. In January 2017, editor Gerard Baker directed staff to avoid using the phrase "seven majority-Muslim countries" when writing about Trump's travel ban, though he later clarified there was no ban on the phrase.
In June 2020, Journal journalists sent a letter to editor-in-chief Matt Murray demanding changes to coverage of race, policing, and finance following George Floyd's murder. The reporters stated they "frequently meet resistance when trying to reflect the accounts and voices of workers, residents or customers."
In February 2020, China revoked press credentials of three Wall Street Journal reporters based in Beijing, accusing the paper of failing to apologize for articles criticizing China's COVID-19 response.
The Journal's political orientation has been subject to ongoing debate. The paper's editorial pages are generally considered conservative, while its news reporting maintains a reputation for non-partisan coverage.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Fox | USA | 2007 | Mass market | United states | All-ages | |
| Nine Entertainment | Australia | 1854 | Mass market | Global | All-ages | |
| Guardian Media Group | United Kingdom | 1821 | Mass market | Global | All-ages | |
| The New York Times Company | USA | 1851 | Mass market | Global | All-ages | |
| Telegraph Media Group | United Kingdom | 1855 | Mass market | Global | All-ages |
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Market Positioning: Wall Street Journal competes with 5 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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