New book by Larry Connors Click here Improve your trading - See how
As a result, the Far Eastern Economic Review will cease publication in December so opinion and commentary resources from Asia can be expanded across all Dow Jones properties. Unfortunately, despite several attempts at invigorating the brand, the REVIEW's continued losses in advertising revenue and readers are now unsustainable.
Dow Jones has expanded local content from Asia in The Wall Street Journal print and online editions with an expanded news hole, redesigned WSJ.com, expansion of chinese.WSJ.com, new mobile content delivery via BlackBerry and iPhone devices, and the launch of a Japanese-language Web site coming this fall.
These investments into Dow Jones Asia have translated into an increased print circulation of 6.3% year-over-year for the Jan.-June period, led by a substantial increase in subscriptions, with particularly significant growth in Hong Kong, India, Malaysia and Taiwan. Average daily circulation also increased to 85,822 copies from 80,706 year-over-year.
"By increasing resources into growth areas at Dow Jones, we'll better serve a diverse group of readers and advertisers across Asia," said Christine Brendle, publisher of The Wall Street Journal Asia and managing director, Asia, Dow Jones Consumer Media Group.
"The decision to cease publication of the REVIEW is a difficult one made after a careful study of the magazine's prospects in a challenging business climate," said Todd Larsen, chief operating officer at Dow Jones Consumer Media Group. "It has a rich history of pioneering journalism and helped to set the standard for the press in Asia in the post-World War II era when local publications often lacked the freedom to report honestly. Dow Jones is proud to have been associated with the REVIEW and its invaluable contributions to the understanding of the Asia region."
Hugo Restall, the REVIEW's editor since Oct. 2004, will remain a member of The Wall Street Journal editorial board, which he joined in Feb. 2004. Mr. Restall served as editorial page editor of The Wall Street Journal Asia from 1999 to 2003.
Current REVIEW subscribers will be offered a one-year subscription to asia.wsj.com, the regionally dedicated edition of the leading provider of business and financial news and analysis on the Web.
The Far Eastern Economic Review was launched in 1946.
About Dow Jones & Company
Dow Jones & Company (www.dowjones.com) is a News Corporation company (Nasdaq:NWS) (Nasdaq:NWS.A); (ASX:NWS), (ASX:NWSLV) (www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Dow Jones & Company
CONTACT: Dow Jones & Company Media Contacts: Robert H. Christie 212-416-2636 Robert.christie@dowjones.com Joe Spitzer +852 9260 8339 joe.spitzer@dowjones.com
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
