I believe they're doing well. I quit their sub-only site for a while but agreed to re-up when they made an attractive offer ($79 per year but a $20 amazon gift cert as a bonus).
Their general content is tops ... and I agree with most of their editorial positions.
I take the WSJ but here in the woods, it comes by mail, at about 2pm. I'm thinking about subscribing by email but would miss the Saturday edition which I like to read on Sunday morning.