Making A Difference

The Wall Street Journal To Shut Down Its Loss-Making Asia And Europe Editions

The paper has said though that some cities will still get the US edition.

<em>The Wall Street Journal</em> To Shut Down Its Loss-Making Asia And Europe Editions
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The Wall Street Journal바카라 웹사이트will바카라 웹사이트fold up바카라 웹사이트its Asia and Europe바카라 웹사이트editions바카라 웹사이트that are bleeding money.

바카라 웹사이트reported the news,바카라 웹사이트attributing the move to falling revenues and a ‘wider editorial restructuring’ initiative by the newspaper.

The Asian edition of the newspaper will reportedly cease to exist from바카라 웹사이트October 7바카라 웹사이트while the European edition will stop publication from today. The first edition from Asia had come out in 1976 while Europe had its first copy of the바카라 웹사이트WSJ바카라 웹사이트from 1983. The paper has said though that some cities will still get the US edition.

The move reportedly comes after parent company바카라 웹사이트News Corp바카라 웹사이트had posted a revenue loss of $649 million on June바카라 웹사이트30바카라 웹사이트this year for the previous fiscal.

The paper though reportedly says that the rise in online subscriptions will also help them reach out to the Asian and European audience by asking them to subscribe digitally as “continuing the foreign editions (is) no longer cost-effective”.바카라 웹사이트바카라 웹사이트The바카라 웹사이트바카라 웹사이트had about 1.3 million digital-only subscribers at the end of the quarter. The paper has also been raising the price of subscriptions.

The move also comes at a time when the바카라 웹사이트WSJ바카라 웹사이트has come under fire for going soft on US President Donald Trump. It comes during a period when all of the newspaper라이브 바카라 employees were eligible to be bought out, with layoffs coming soon after, at the end of 2016.바카라 웹사이트

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