Monday, September 21, 2009

Far Eastern Economic Review to be Shut Down

The Far Eastern Economic Review, an English-language news magazine in print since 1946, will close in December after losing readership and advertising revenue.

“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,” Todd Larsen, chief operating officer at the Dow Jones Consumer Media Group, said in the statement on Sunday.

The magazine, which is based in Hong Kong, is unsustainable “despite several attempts at invigorating the brand,” the statement said. The Review has been wholly owned by Dow Jones since 1987, and was published as a weekly until 2004, when it was changed into a monthly written by outside contributors.

(Via Bloomberg)

1 comment:

  1. Very sad indeed. FEER was a great source of reliable information on the inner workings of the Chinese regime right through the 1970s.

    I guess this should be a warning to magazine editors everywhere: you can't produce a magazine with heart solely using outside contributors.