[KS] Demise of the Far Eastern Economic Review

Afostercarter at aol.com Afostercarter at aol.com
Thu Oct 28 05:14:00 EDT 2004

List members may be shocked to learn of the demise of the
Far Eastern Economic Review, after 58 years - yes, since 1946 -
as a prime weekly journal of news and analysis of our region.

All may not be quite lost, since it will relaunch as a monthly:
see below. That will be scant consolation to the staff,
most of whom appear to have been summarily sacked.

I declare an interest. Twenty years ago, the Review gave me a start
by publishing a long and arcane piece of mine on how to decipher the
North Korean media. I wonder where a young academic, seeking a wider
public audience would get that opportunity and platform now?
(Just blog, I suppose.)

This is a sorry day.

Honorary Senior Research Fellow in Sociology & Modern Korea, Leeds University 

17 Birklands Road, Shipley, West Yorkshire, BD18 3BY, UK 
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Email: afostercarter at aol.com               website:  www.aidanfc.net



Respected magazine folds as weekly

October 28, 2004ASIA'S Hong Kong-based weekly news magazine the Far Eastern 
Economic Review is to fold in its current form with the loss of 80 jobs, the 
magazine's publisher Dow Jones said today.

The magazine, which led debate on Asian issues for 58 years, will be 
relaunched as an opinion-led monthly, Dow Jones - publishers of the Asian Wall Street 
Journal - said in a statement.The job losses represent 10 per cent of Dow 
Jones' workforce in Asia.A company source said staff were told the news today in a 
specially convened meeting at a hotel in Hong Kong. Senior Dow Jones 
management from New York were said to be present.    
The first issue of the Review in its new format will be published in 
December."The format change will mark the start of a new chapter in the Review's 
58-year history, even as we devote more of our collective focus, efforts and 
resources to further growing the market-leading Asian Wall Street Journal as the Dow 
Jones flagship in Asia, and as an integral component of the global Wall 
Street Journal franchise," Dow Jones Chairman and Chief Executive Peter Kann said 
in a statement.Kann blamed poor advertising sales for the weekly's demise and 
said that the magazine had been losing money for the past six years. 


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