I won’t say much, but let the numbers do the talking: Dow Jones came out with its Q2 earnings numbers, and its consumer electronic publishing division–which consists of WSJ.com, related vertical sites, licensing and radio/audio–has seen slow growth. WSJ.com has about 11,000 less subscribers in Q2 compared to Q1 this year….
So here’re the numbers (keep in mind that ad revenues at other media sites have been increasing like crazy…I’m sure WSJ.com is also reaping the benefits, but something’s surely hampering the kind of growth it should have.)
DJ Consumer Electronic Publishing (the dollar numbers are in thousands…)
(WSJ.com Subscriber Numbers—-$Revenues of DJ Consumer Electronic)
Q2 04: 684,000 $19,893
Q1 04: 695,000 $18,169
Q4 03: 689,000 $19,509
Q3 03: 686,000 $16,254
Q2 03: 671,000 $17,582
Q1 03: 675,000 $15,371
Q4 02: 679,000 $13,890
Q3 02: 664,000 $12,029
Q2 02: 646,000 $12,843
Q1 02: 640,000 $11,468
On the other hand, the B2B information service Factiva (a DJ-Reuters joint venture) has seen steady growth in operating income, through revenues again are not exactly rising at a blistering pace. But then, B2B subscription-based info works on different dynamics than consumer…
Factiva’s Revenues & Operating Income (the dollar numbers are in thousands…)
Q2 04: $66,637 $8,709
Q1 04: $63,534 $4,260
Q4 03: $61,834 $5,328
Q3 03: $59,162 $3,045
Q2 03: $61,804 $2,608
Q1 03: $62,153 $2,284
Q4 02: $61,413 $331 (Reduced income due to restructuring)
Q3 02: $62,327 $6,590
Q2 02: $61,720 $2,786
Q1 02: $63,426 $4,651
Related:
– Second Look: Are WSJ.com Numbers Really Increasing?
– Factiva Completes Five Years
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