It looks like Rupert Murdoch is offering deep discounts to advertisers in The Wall Street Journal and New York Post, according to The Guardian of the United Kingdom.
The Guardian's Greenslade Blog states: “It is part of an aggressive attack on the New York Times, timed just ahead of the 26 April launch of the WSJ's special New York edition. Aggressive? He is virtually giving away space by reportedly offering discounts of between 79 and 83% for full-page ads."
Murdoch made no bones about the fact that he is taking on the Times directly in his expanse to a local New York report. Be not surprised if the Times retaliates with some kind of predatory pricing legal action.