NEW YORK, April 26, 2010 (GLOBE NEWSWIRE) -- The Wall Street Journal remains the number one newspaper in the U.S., according to the latest figures released today from the Audit Bureau of Circulation (ABC). The Journal leads all daily newspapers in total paid circulation, rising 0.5% to 2,092,523 (March 2010) from 2,082,189 (March 2009), as filed with ABC, subject to audit. As a result of increased subscription rates, circulation revenue also saw a 3.6% year-over-year increase. This impressive growth builds on the previous 10% year-over-year increase in circulation revenue as reported in September 2009, the last ABC reporting period.
News of the Journal's ranking and continued growth was announced alongside the launch of Greater New York, the Journal's new daily, stand-alone section dedicated to coverage of the New York City metropolitan area, available beginning today. New York City is the Journal's single largest market in circulation.
"Readers turn to the Journal for the news that matters most. We are fortunate that during a time of retrenchment across the media industry, we are able to grow the Journal franchise with a new section devoted to New York," said Todd Larsen, president of Dow Jones & Company. "The ABC figures complement the strength we've seen in our print advertising revenue with a 25% increase year-over-year for the first quarter ending in March 2010."
The continued growth of the Journal franchise is buoyed by the ongoing investments across print and digital properties. Some of these investments include the launch of two live, daily online news broadcasts – News Hub and Digits; a Wall Street Journal app for iPad; a new mobile subscription offering; redesigned editions and expanded content for The Wall Street Journal in Europe and Asia; added global online editions, including a Japanese-language Web site and a new home page and mobile application in India and increased frequency and circulation for WSJ. magazine.
Greater New York will also have an online presence (WSJ.com/NY), including online-only content and features, with content available on the Journal's iPhone and iPad applications.
About The Wall Street Journal
Founded in 1889, The Wall Street Journal is the world's leading business publication. Boasting more than two million subscribers, the Journal is the largest newspaper by total paid circulation and has the largest individually paid circulation of any U.S. newspaper. The Wall Street Journal franchise, with a global audience of 3.8 million, also comprises The Wall Street Journal Asia, The Wall Street Journal Europe and The Wall Street Journal Online at WSJ.com, the leading provider of business and financial news and analysis on the Web with more than one million subscribers and 26 million users per month. WSJ.com is the flagship site of The Wall Street Journal Digital Network, which also includes MarketWatch.com, Barrons.com and AllThingsD.com. The Wall Street Journal Radio Network services news and information to more than 375 radio stations in the U.S. The Journal holds 33 Pulitzer Prizes for outstanding journalism, and, in 2009, was ranked No. 1 in BtoB's Media Power 50 for the 10th consecutive year.
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