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May 29, 2006


No One Is Prepared to Invest in Reporting

Asia’s English readers miss in-depth media, by Vaudine England

The Far Eastern Economic Review ended its life as a weekly newsmagazine in October 2004; Asiaweek died in December 2001. Both were full-color weeklies with highly regarded networks of correspondents across Asia.

The owners of The Far Eastern Economic Review and Asiaweek - Dow Jones and Time Warner, respectively - blame an advertising slump for the troubles of the two magazines. Many readers, however, felt that the publications, both of which were long based in Hong Kong, had lost their vitality after being bought by U.S. media companies. The Far Eastern Economic Review still exists in name as a Dow Jones publication, but it has been transformed into a monthly along the lines of the bimonthly magazine Foreign Affairs.

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