In market research I did at Microsoft Corp. in the early 1990s, I estimated that the 'Wall Street Journal' took in about 75 cents per copy from subscribers, $1.25 at the newsstand and a whopping $5 per copy from ads. The ad revenue let them run a far bigger newsroom than subscribers were paying for.
![In market research I did at Microsoft Corp. in the early 1990s, I estimated that the 'Wall Street Journal' took in about 75 cents per copy from subscribers, $1.25 at the newsstand and a whopping $5 per copy from ads.](http://cdn.quoteddaily.com/images/nathan-myhrvold/in-market-research-i-did-at-microsoft-corp-in-the-early-1990s-i-estimated-that-the-wall-street-journal-took.jpg)