Not so fast; Murdoch keeps Wall St. Journal pay wall...for now

The management of the Wall Street Journal have apparently convinced their new owner, Rupert Murdoch, not to be hasty in tearing down the paper's pay wall. According to a story in the New York Times, the Journal will continue, for now, to charge for its online content. Murdoch had speculated and vaccilated and generally confused everybody with his noodling about the matter.

For months, Mr. Murdoch, who took control of the paper in December, has vacillated publicly over whether to maintain its subscription firewall. But officials at his company, News Corporation, say that this time, a decision has actually been made to keep it — for now, at least.

Speaking at the World Economic Forum in Davos, Switzerland, Mr. Murdoch said that the pages on WSJ.com “giving the greatest insights, that will still be a subscription service,” according to Reuters.

See earlier post on this.