The Wall Street Journal is giving up on printing newspapers for Asia and Europe.
The 128-year-old paper will stop publishing its European edition on Friday, and its Asian edition a week later.
The Wall Street Journal has been part of Rupert Murdoch’s News Corp (according to the Journal.) empire since 2007. Falling overseas sales and plunging print advertising revenue in recent years drove the decision,
The paper will now focus entirely on its digital operations in the two regions.
The move brings to an end the Journal’s run of more than 40 years of print editions in Asia nearly 25 years in Europe. It plans to print its U.S. edition daily in some cities like Tokyo at a later date.
— Bill Power (@BillPowerWSJ) September 27, 2017
SOURCE: Daniel Shane