How good is the Wall Street Journal?
Or alternatively how bad is the New York Times?
The Wall Street Journal was the only major American paper to increase its circulation last year. Given the malaise of newspapers its a miracle that any paper increased circulation.
However they did it after increasing their cover price as this old Seeking Alpha article reminds us.
It is hard to find any business anywhere (let alone a newspaper) that managed to increase prices and custom last year. Now part of it was that the financial crisis made financial news interesting.
But at least part of it has to be the demise of the once-great New York Times.
I guess Ben Stein is the Sulzberger family gift to Rupert Murdoch.
For competitors the failed editorial of the New York Times (Krugman excepted) is the gift that keeps on giving...
John