The Wall Street Journal is one of the few newspapers to keep some of its content behind a paywall online (meaning you have to subscribe to read some of the stories).
This policy bucks the trend of recent years to offer everything free online for fear that your readers will just go elsewhere if you don't. A fair policy given that daily news outlets have relatively few points of difference from one another and there's no scarcity of news online.
The WSJ has rather more points of difference, however, and it seems to be doing just fine. According to a report posted by Editor& Publisher, in the last year the WSJ has nearly doubled its user-base, with a 94% increase since June 2007. The site now reaches 16.2 million users.
"The site offers a mix of free and paid content. The Journal's breaking-news alerts and personal-finance, opinion and lifestyle content, as well as videos, blogs, podcasts and other interactive elements are all available free.
"Even with a fee - print subscribers pay $49 a year for a web subscription - WSJ Online attracts more than one million subscribers and 10 million monthly unique visitors.
"In 2007, WSJ.com generated about $60 million in subscription revenue. To put this in perspective, making up that revenue in ad sales would require WSJ.com to increase traffic by more than 20 million unique monthly visitors."
