Is a Wall Street Journal Subscription Worth It? 10+ Facts

The digital version of The Wall Street Journal is one of the news sources that many working professionals, investors, and company owners rely on. In addition, authors, particularly nonfiction writers who conduct extensive study on their subjects, might profit from having access to useful resources.

When you discover more about the digital edition of The Wall Street Journal, you will determine whether or not subscription is cost-effective.

What Is The Wall Street Journal?

The Wall Street Journal is renowned for its award-winning news coverage, business and financial information — an in-depth look at economics compared to most other newspapers – and its editorials (which has always been considered separate from the other sections). The print edition of the Wall Street Journal is internationally renowned.

Is a Wall Street Journal Subscription Worth It?

In addition, the newspaper covers a wide range of additional issues, including science, technology, health, politics, and luxury living. Over thirty-seven Pulitzer Prizes have been awarded to the Wall Street Journal for its reporting.

History Of The Wall Street Journal

The Wall Street Journal was founded by Charles Dow, Edward Jones, and Charles Bergstresser in 1889, when it was initially published as a print newspaper. Greater New York has consistently published and created it.

The Wall Street Journal expanded, evolved, and adapted over time. However, none of these alterations were as significant as those brought about by the advent of the Internet.

Here is a chronology of the most significant events in its history:

  • The Wall Street Journal established a paid online membership service apart from its print edition in 1996.
  • In 2004, this was finally made accessible as an application for mobile devices.
  • Rupert Murdoch’s News Corporation purchased Dow Jones, the Journal’s publisher, for $5 billion in 2007. This expanded the Murdoch news empire to include the Wall Street Journal. Fox News and the New York Post are included in the news empire of Rupert Murdoch.
  • Similar to its rival, The New York Times, WSJ Pro was introduced in 2015 as a premium membership suite that depends only on reader money and does not contain any advertising.
  • Dow Jones’ consumer media group, which includes the Wall Street Journal, amalgamated with the enterprise media group, which includes Dow Jones Newswires, in 2010.
  • In June of 2018, seasoned editor-in-chief Matt Murray assumed his position.

The WSJ continues to be one of the most popular subscription app services with a consistent member base. Dow Jones & Company is presently a division of News Corp.

Controversies That The Wall Street Journal Was Involved In

The WSJ has been involved in its fair share of scandals. Its editorial board has rejected the existence of global warming on several occasions. Nevertheless, according to the Washington Post, the editorial pages of the Wall Street Journal “may represent the throbbing heart of climate change skeptics.”

Is a Wall Street Journal Subscription Worth It?

Nevertheless, according to this Washington Post report, advertisements on WSJ that defy the Journal’s editorial page’s dogma on climate change are permitted.

In February of 2020, President Donald Trump’s administration declared that it will classify five major Chinese media groups as extensions of the Xi Jinping-led Chinese government.

The next day, China’s foreign ministry canceled the credentials of a few reporters due to a contentious headline. Credentials for three WSJ journalists were revoked by the foreign ministry.

In a separate incident in February 2020, one of the journal’s correspondents was jailed in Hong Kong for criticizing Communist Party of China policy. As for Wall Street Journal reporters, a glance at any of their Glassdoor profiles will reveal concerns about work-life balance difficulties (like any media company).

Is a Wall Street Journal Subscription Worth It?

The Wall Street Journal is largely acknowledged as the most influential business journal. In this nation, you are not a real businessperson without your own subscription.

However, is it truly worthwhile? Is a WSJ on your desk only a status symbol, or does this publication have the power to produce professionals?

How much time and money will it take me, and how much will I gain in return? Despite my inability to calculate the returns on this investment, I can assure you that it was a great choice.

Politics & Economics, Marketplace, and Money & Investing are the only sections of the printed Wall Street Journal. Each area contains national and international news items, personal experiences, industry perspectives, and investor-educational comments.

Is a Wall Street Journal Subscription Worth It?

Every news article is presented within an economic context, so that the financial ramifications are evident. Using this knowledge judiciously, the WSJ will pay for itself in profits.

However, the Journal goes beyond merely reporting news. Each issue offers profiles and narratives of persons in the business sector, including their new and old initiatives, experiences, and histories.

The reader can learn from someone else’s failures and be motivated by someone else’s accomplishments.

The diversity of sectors covered by the Wall Street Journal is one of the publication’s most valued features. Each narrative is economically relevant and instructive, ranging from technology and commodities to entertainment and innovation.

In addition, the material is presented in a way that makes it always accessible, regardless of how distant it may appear from the reader’s area of expertise. Utilizing the WSJ to stay abreast of events in various businesses might offer you an advantage when networking and interacting with people of all fields.

The Letters to the Editor section of the WSJ demonstrates the publication’s blend of authority and accessibility. Here, you will frequently encounter recognizable names; perhaps the CEO of your portfolio’s crown jewel, a representative of the United Nations, or perhaps your representative has sent a letter.

Joe from Oakbrook, Illinois also has an opinion to express, and he is standing right next to them. On the same page of the Wall Street Journal, the wisdom of masses and the knowledge of specialists may be found.

A membership to the WSJ has many more advantages in addition to these prominent articles. Books, seminars, and networking tools are occasionally provided to subscribers at a discount and before they are made accessible to the general public.

Even though I considered subscribing to the online version of the Wall Street Journal, I prefer the physical edition. Even with my PDA’s three-inch screen, its mobility is priceless. Moreover, it is not a hefty paper.

The advertisements are kept to a minimum, and the editors print just the most pertinent financial information for the day, so the newspaper is not unwieldy and its content is not overpowering.

The majority of the pages contain outlines, bulleted lists, charts, and images to ease knowledge retrieval. I particularly value the indexes that identify the prominent people and businesses highlighted in each issue.

Expert counsel is the only thing you won’t find in the Wall Street Journal. Obviously, you do not need their counsel if you have the same information as the experts.

Biases and Controversies

The Wall Street Journal, like other publications, has been into trouble on several occasions. It is well-known as a news source with a conservative bias, but this is often only apparent in the editorial and opinion sections.

Is a Wall Street Journal Subscription Worth It?

Under Rupert Murdoch’s ownership, the newspaper shifted farther to the right, and its attacks of Barack Obama and Hillary Clinton, as well as its backing for Donald Trump, have been significant. In general, though, journalists are granted autonomy and are recognized for their unbiased position and nonpartisan reporting.

Who Reads The Wall Street Journal?

The Wall Street Journal is frequently cited as a publication that “in-the-know” individuals read.

The WSJ claimed in 2005 that its audience profile consisted of around 60 percent top management, with an average salary of $191,000 and an average household net worth of approximately $2,1 million. The average age of its readers was 55 at the time.

57.7 percent of Americans, according to a 2018 study by Forbes, deem the WSJ to be the most reliable news source in the country.

Who reads the newspaper is essential information for writers, business analysts, and anybody else using the WSJ app for research purposes. Cross-referencing with other sources that are somewhat “younger” might be crucial at times, given that WSJ editors and reporters produce pieces for this demographic.

Despite this, many people profit from the material in the WSJ; those aspiring to advance in their respective fields will receive a wealth of knowledge. If you intend to become an editor, this is a fantastic newspaper to gain experience with creating headlines and other editing abilities.

The newspaper is advantageous to anybody seeking a different viewpoint on news (whether commercial or financial) and editorial features than any other leading national newspaper offers.

How Does The WSJ Work For A Working Professional?

As a writer, I am constantly seeking “things” that will make my job simpler. Having access to The Wall Street Journal is beneficial for my daily job. Frequently, I find that a newspaper item is useful for my study and is available at the press of a button while allowing me to choose my privacy options.

It saves me the trouble of locating an article I need that is behind a paywall. In addition, I get access to the WSJ’s search engine, which enhances my ability to locate the difficult-to-find statistics I need to complete my pieces. The coronavirus pandemic was a prominent issue at the time this WSJ review was written.

How Much Does The Wall Street Journal Cost?

Unfortunately, online access to The Wall Street Journal is not free. The Wall Street Journal’s All Access Digital subscription has a basic monthly cost of $38.99.

However, first-time customers may presently lock in a 50 percent discount for the first year, and there are periodic subscription bargains such as $1.00 for the first month and comparable offers. Those interested in obtaining a print edition may do so for a nominal fee on a daily basis or only on Saturdays.

Apple News, which costs $9.99 a month and provides access to hundreds of magazines and newspapers, is another alternative for interested readers. For instance, Apple News provides access to the three most recent days of The Wall Street Journal at all times.

Is a Wall Street Journal Subscription Worth It?

This may be the least expensive method of subscribing to the Journal; but, the whole archives are not available, as they are for direct subscribers.

What Does A Subscription To The Wall Street Journal Include?

A Wall Street Journal All Access Digital membership contains the full daily issue as it is published (with updates added by wall street journal reporters, of course). In addition, you get access to older publications, which may be very valuable for those who conduct extensive research for school or employment.

The WSJ digital edition may be accessed through a PC, Google Play, iOS, and the Kindle app store. This means that you may access the subscription to read an article on an iPhone, iPad, or almost any other standard device.

In addition to the daily newspaper and the WSJ lifestyle magazine, subscribers to the print edition will also receive the daily newspaper.

In addition to the award-winning journalism and business and financial news that readers have come to expect from The Wall Street Journal, the publication frequently grants members access to exclusive discounts, events, and other incentives.

By subscribing, the WSJ will frequently send you a copy link to relevant offers and information to your email inbox.

How Can I Cancel My Subscription To The Wall Street Journal?

You would assume that terminating a digital service would be straightforward. Considering that you join up online, canceling is as simple as clicking a few clicks.

Not true Cancelling a membership to The Wall Street Journal is more difficult than necessary, which is one of its most regrettable drawbacks.

If you wish to cancel your subscription, you must phone and talk with an account representative. As the organization will likely make every effort to retain you as a subscriber, you will likely be offered a reduced rate.

This is not unheard of for digital apps, although it is uncommon. However, it is something to consider before subscribing, especially if you dislike making phone calls.

The Wall Street Journal Vs. Bloomberg

Bloomberg News has a history of thirty years. It has grown over the years to become a reputable finance and financial news organization. However, The Wall Street Journal looks to be the best option for individuals in need of a more comprehensive perspective.

Many believe The Wall Street Journal to be far more “hard-hitting” than Bloomberg when it comes to investigating financial themes and getting to the heart of major events. Bloomberg is advantageous as a news source, but as a principal publication or website for staying informed, it falls short.

The Wall Street Journal and Bloomberg have comparable digital content pricing. A perk of Bloomberg is that casual readers can peruse a few free stories every month.

The Wall Street Journal Vs. The Financial Times

The Financial Times is more globally oriented than The Wall Street Journal. Therefore, someone interested in global financial markets may benefit from reading the Financial Times at least periodically.

Is a Wall Street Journal Subscription Worth It?

Also quite “intellectual” is The Financial Times. However, there are little entertainment or even editorial pieces. Therefore, despite the fact that the Financial Times delivers information that can be quite useful and instructive, it may not be of interest to readers.

The cost of the Financial Times digital access package is comparable to that of The Wall Street Journal, thus this should not be a decisive factor when choosing between Financial Times and WSJ.

However, the newspaper provides weekly subscriptions, so it is possible to test the service and determine if it is worth it.

Pros

  • The digital version of the Wall Street Journal is among the most popular online subscription services. The digital version of the Wall Street Journal may be the software you’ve been searching for if you’re seeking for a great financial reference source.
  • The WSJ mobile app is user-friendly and makes it simple to view current and archived issues of The Wall Street Journal from any computer, tablet, or mobile device.
  • Ask almost everyone, “Is the Wall Street Journal trustworthy?” you’ll receive a good reaction.The Wall Street Journal is a daily newspaper as well as a financial journal. It consists of incisive journalism, financial news, opinion pieces, and entertainment articles.
  • The WSJ’s price is comparable to that of other major financial periodicals with less material than the WSJ.
  • You may browse the archived articles, which are useful for study.It is common for new members to receive discounts so that they may sample the service for less money.
  • Adding the print edition to your membership is a relatively inexpensive addition.

Cons

  • Even your first item each month is behind a paywall at The Wall Street Journal, whose fees are considerable.
  • You may find an opinion piece or some stories that you disagree with, and you may feel that the newspaper has a political bias.
  • Cancellation is challenging. If you decide that the subscription is not for you, you must contact customer service to cancel.

The Wall Street Journal Review

The digital version of the Wall Street Journal is among the most efficient online subscription offerings.

With the WSJ app, you can access the knowledge of almost 100 years of The Wall Street Journal on your iPhone, tablet, iPad, or computer, something that many people could only have dreamed of a decade ago.

The digital version of the Wall Street Journal is among the most efficient online subscription offerings.

With the WSJ app, you can access the knowledge of almost 100 years of The Wall Street Journal on your iPhone, tablet, iPad, or computer, something that many people could only have dreamed of a decade ago.

Conclusion

It is true that the majority of business news is available online for free, but millions of regular readers find The Wall Street Journal to be well worth the price. The Wall Street Journal is one of the best sources for up-to-date information about business and financial markets.

FAQ

The Print & Digital Package includes 6 day a week delivery of the newspaper, full WSJ.com access, the WSJ Tablet app. the WSJ Smartphone app and a WSJ+ membership. The Classic Print Package includes 6 day a week delivery of the newspaper, full WSJ.com access, the WSJ Smartphone app and a WSJ+ membership.
Choose your WSJ membership. You will be charged $12.00 + tax for the first 12 weeks, $36.99 + tax per month thereafter. Your credit card will be automatically billed monthly in advance.
Generally speaking – our users prefer the Financial Times; however, the Wall Street Journal is preferred for coverage of US companies and industry trends.
Is it easy to cancel a Wall Street Journal subscription? Yes, the Wall Street Journal circulation department makes it easy to cancel a subscription. All you have to do is call 1-800-JOURNAL or 1-609-627-1351 and follow the prompts to cancel.
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Pat Moriarty
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