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Dow Jones To Acquire All Of 'WSJ' Japanese-Language Site
- Media Business, Monday, July 16, 2012 3:30 PM
SBI Holdings will sell Dow Jones the 40% stake Dow Jones lacks in the Wall Street Journal Japan, giving it sole ownership of the Journal's Japanese-lanaguage website. The company plans to expand operations of the site, launched in 2009 -- which should aid in reaching new readers in the Asian market, along "with the WSJ.com Chinese-language edition and soon-to-launch Bahasa Indonesia news site," according to Lex Fenwick, Dow Jones CEO.
