The Wall Street Journal is equipping its print reporters with iPhone 4s, hoping to capitalize on the phone’s unique video capablitlies. According to Kevin Delaney, Managing Editor for the Journal, the paper uses a ton of video footage and that footage attracts a lot of views, so it’s important to have a device that allows reporters to produce high quality content. The New York Times’ staffers also use iPhone 4s for their video reporting.

Delaney tells Beet.TV that about 24 reporters are now being trained to use the iPhones, and eventually many more will be distributed.

FishbowlNY assumes that only senior reporters will be issued the new white iPhone 4, because it’s very special. At least that’s what the ads tell us.