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Dow Jones to shut down ‘Far Eastern Economic Review’

By Published on .

Hong Kong—News Corp.’s Dow Jones & Co. announced Monday that it will close the Far Eastern Economic Review in December.

Dow Jones said the publication, which debuted in 1946 and shifted from weekly to monthly publication in 2004, was experiencing losses in readers and revenue that had become “unsustainable.” It now plans to focus its efforts in the Far East on what it called its “core” properties in the region, which include The Wall Street Journal Asia, chinese.WSJ.com and a Japanese-language Web site the company plans to launch this fall.

“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.

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