New Delhi : The Wall Street Journal plans to scale down its operations in India, and cease publication of its Indian edition, according to a report citing three sources.
The development comes close to the heels of Wall Street Journal stepping up its presence in Europe and other Asian Markets.
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The downsizing will involve merging the WSJ’s India-specific website, which was launched in 2009 into the global website. The IndiaRealTime blog will continue to be published, but it has also been scaled down recently.
These changes are part of a broader restructuring of the WSJ’s global operations, with the goal of producing a single global edition to be published across its non-US markets. In India, WSJ publishes a facsimile edition of its WSJ Asia edition.
In July 2014, the New York Times also ceased publication of its India-specific blog, India Ink. But in the past couple of years, a slew of international digital publications have launched India editions. These include Buzzfeed India, Atlantic Media’s QZ India and its sister publication Scroll.in, Business Insider India and the Huffington Post India (the last two in partnership with The Times Group).
