WSJ April Ad Revenue Falls 12 Percent; Local Online Ad Rev Up 51 Percent

As Rupert Murdoch presses ahead with News Corp.’s offer to buy Dow Jones, the monthly ad revenue picture has made the primary part of the acquisition target look somewhat anemic: DJ said ad revenue for The Wall Street Journal fell 12.2 percent in April on a 12.7 percent drop in ad volume. The company pinned the falling ad revenues to reduced media spending in technology, financial and general advertising, though partially offset by a slight 1.7 percent growth in classified ads. In February, the Journal’s ad revenue slid 10.0 percent a 6.6 percent decrease in volume. At the time, DJ said the declines were due to softness in the technology, financial, general and classified advertising categories.

Getting back to April, the story was different at Barron