The Wall Street Journal is owned by Dow Jones & Company, which is a subsidiary of News Corp. News Corp is a major media conglomerate controlled by the Murdoch family, specifically Rupert Murdoch, who played a key role in acquiring Dow Jones & Company and The Wall Street Journal in 2007. This acquisition ended over a century of ownership by the Bancroft family. News Corp owns various other media properties as well, and The Wall Street Journal operates under its umbrella through Dow Jones & Company.