Some years ago, The New York Times purchased Wirecutter, a popular consumer review website, for $30 million, and the acquisition proved so successful that the commerce site itself was recently placed behind a paywall. Rather, what makes the addition of commerce sites so threatening to journalistic principles is that instead of practicing something secretive, malicious, or illegal, it introduces a brand-new bias that could be difficult to assess and is entirely permissible by law.īuy Side is not the first of its kind.
There’s no denying there have always been monetary influences in journalism but most are not worthy of being described as examples of corruption. This year, to further capitalize on its long-standing reputation as a trusted information source, the company introduced Buy Side from WSJ, which recently launched with a long list of consumer product reviews and affiliate partners already in tow. Advertisements were present from the start, and it wasn’t long before The Journal began exploring new ways to monetize its share of the newswire.Ĭontent was placed behind a subscription paywall just months after the WSJ site was launched and it remains in place today, although the publication now uses artificial intelligence (AI) to determine how many free samples a reader can view before being asked to subscribe. It is one of just a handful of news publications that are truly ubiquitous and have been for generations, despite their antiquated original medium.Ĭentral to the success of the Wall Street Journal is the circulation of 37 special editions that reach 35 countries in 10 languages, but what truly propelled it to globally recognized status was the introduction of WSJ.com in 1996, creating the first fully interactive digital news journal.
While I’ve never kicked my feet up on the dining table and read a newspaper unironically, I can’t remember a time when I wasn’t familiar with the Wall Street Journal.
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