HONG KONG, May 18, 2009 (GLOBE NEWSWIRE) – The Wall Street
Journal Asia, the region's leading international business newspaper,
today commenced printing in India. The Wall Street Journal Asia will be
printed Mondays through Fridays by The Express Group at print sites in
New Delhi and Mumbai. The paper will be delivered the same day to
individual and corporate subscribers and will be available at newsstands
in major Indian cities.
The launch of the locally printed edition follows the Indian
government's decision earlier this year to allow foreign investment in
the publication of facsimile editions of foreign newspapers and its
approval of Dow Jones & Company's proposal to publish a facsimile
edition of The Wall Street Journal Asia in India. Today's launch also
follows the debut in February of a new regional Journal online homepage
for India (www.india.wsj.com) and
WSJ.com Mobile Reader.
Since News Corp. acquired Dow Jones in 2007, the company has invested in
the Asia-Pacific marketplace with the expansion of news and editorial
content, including the debut in September 2008 of WSJ., a new glossy
lifestyle magazine distributed with all Asia editions of the paper; the
redesign, unveiled in December 2008, of the Journal's Chinese-language
Web site (http://chinese.wsj.com);
the launch in February 2009 of an expanded Web site dedicated to content
for Asia (http://asia.wsj.com) and the
regional introduction of WSJ.com Mobile Reader; and later this year, the
launch of a Japanese-language Web site featuring Wall Street Journal and
other Dow Jones print and online content.
"Journal readers in India now have access to actionable and insightful
news and information from the most respected name in financial
journalism," said Todd Larsen, chief operating officer, Dow Jones
Consumer Media Group. "This latest investment in our brand is part of
Dow Jones's commitment to growing our business in India and across Asia
at a time when a number of media owners are retrenching."
"We are delighted to better serve our readers by making The Wall Street
Journal Asia available at daybreak for the first time in India," said
Christine Brendle, managing director, Asia, Dow Jones Consumer Media
Group and publisher of The Wall Street Journal Asia.
"Today's launch is a truly significant milestone in recognition of
India's increasingly prominent role on the world economic stage," said
Suman Dubey, editor and publisher of WSJ Publishing India PL. "There is
unprecedented demand for business and financial news among India's
business, opinion and community leaders, who need authoritative and
trusted news and analysis about the global economy and international
affairs."
The Wall Street Journal Asia, which was founded in 1976 and has a total
circulation of 80,090 (Hong Kong ABC, July-Dec 2008), is also printed at
nine other locations in the Asia-Pacific region.
Subscription information for The Wall Street Journal Asia in India is
available at:
www.wsj-asia.com/insub.
About The Wall Street Journal Asia
The Wall Street Journal Asia is the leader in global business news for
Asia. Since 1976, it has provided indispensable news and analysis of
regional and global business developments for an influential pan-Asian
audience of corporate and government decision-makers. The Wall Street
Journal Asia has been voted the most "important business reading" among
international daily newspapers in Asia in every ABRS/BE:ASIA study since
the survey's inception in 1985.
The Wall Street Journal's China staff won a Pulitzer Prize in 2007 for
coverage of the consequences of the nation's rapid growth. The Wall
Street Journal Asia and Far Eastern Economic Review, both of which are
published by Dow Jones & Co., won a combined six awards in the 2008
Society of Publishers in Asia awards for Editorial Excellence.
Edited and published in Hong Kong, The Wall Street Journal Asia is
printed in eleven Asian cities -- Bangkok, Hong Kong, Jakarta, Kuala
Lumpur, Manila, Mumbai, New Delhi, Seoul, Singapore, Taipei and Tokyo --
and distributed throughout the Asia Pacific region. More than 75% of its
subscribers are Asian.
The Wall Street Journal's web site for Asia is at
www.asia.wsj.com and homepage for
India is at www.india.wsj.com.
The Wall Street Journal is also published online in Chinese at
www.chinese.wsj.com.
The Wall Street Journal Asia logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6191
About The Express Group
For over 75 years, The Express Group of publications has been synonymous
with excellence in journalism and a commitment to independence and
fairness. Its flagship newspaper The Indian Express has twice won the
Vienna-based International Press Institute's India Award for Outstanding
Journalism in the Public Interest. It has won every major national
journalism award and several international awards, including the Kurt
Shorck Award for International Journalism, Natali Prize for Journalism
and the International Federation of Journalists -- Journalism for
Tolerance Prize.
With the largest network of reporters across the country, The Indian
Express and the business daily, The Financial Express, are published
from a dozen cities every day, including New Delhi, Mumbai, Bangalore,
Kolkata, Pune, Chandigarh, Lucknow, Jammu and Chennai. There is also a
weekly edition in the United States. The Group publishes Loksatta in
Mumbai, the largest Marathi daily, and Jansatta in Hindi. Screen, its
weekly entertainment magazine, is considered the most influential and
authoritative in the Mumbai film industry.
The Express Group's website is
www.expressindia.com and the homepage for The Indian Express is at
www.indianexpress.com.
Contacts:
Joe Spitzer
Corporate Communications, Asia
Dow Jones & Company
Tel: +852 9260 8339
Email: joe.spitzer@dowjones.com
James Yang
Corporate Communications, China
Dow Jones & Company
Tel: +8610 6581 4090
Email: james.yang@dowjones.com