Company Sees Strong Digital Growth From New Content, Product
Offerings, Global Expansion
NEW YORK, Jan. 20, 2012 (GLOBE NEWSWIRE) -- The Wall Street Journal has
named Raju Narisetti as Managing Editor of The Wall Street Journal
Digital Network, which includes WSJ.com, SmartMoney.com, MarketWatch
and the Chinese, Japanese and German-language editions of WSJ.com. Mr.
Narisetti will also become a Deputy Managing Editor of the Journal, and
he will report to Alan Murray, Deputy Managing Editor and Executive
Mr. Narisetti currently serves as Managing Editor for The Washington
Post, where he oversees the company's digital content products, staff
and strategy. Today's appointment marks a return to the Journal for Mr.
Narisetti, who first joined the paper in 1994 as a reporter in
Pittsburgh and most recently served as Editor of The Wall Street
Journal Europe in 2006.
"Raju has done remarkable work as the digital czar at the Washington
Post, integrating print and online businesses, building a successful
web site, and developing key relationships with the digerati," said
Robert Thomson, Editor-in-Chief of Dow Jones and Managing Editor of the
Journal. "His experience in creating Mint, a national web site and
newspaper in India, also brings important relationships and unique
expertise that will assist us as we expand our global digital network.
Raju is wired, and we are jazzed."
"Raju knows the world, knows digital journalism, and knows the
Journal," said Mr. Murray. "He is the perfect person to lead us into a
new era of global growth."
Mr. Narisetti's appointment follows the recent departure of WSJ.com
Managing Editor Kevin Delaney.
Strong Digital Growth from New Content, Product Offerings and Global
The Wall Street Journal Digital Network has seen tremendous growth in
recent years with the introduction of expanded news coverage, content
and new products as well as increased usage across its Web sites,
mobile applications and tablet editions. The network has more than 1.3
million paid digital subscribers across multiple platforms and devices,
and averages more than 50 million visitors per month online.
WSJ.com's success has been buoyed by an expansion in politics, national
and world news, sports and lifestyle coverage, as well as live and
on-demand video, real-time blogs and the launch of premium verticals.
WSJ.com generated a 42% year-over-year increase in traffic in 2011,
averaging more than 36 million visitors per month worldwide. The new
WSJ Live interactive video application is already available to millions
of users via the iPad and multiple Internet-connected televisions and
Globally, more than 30% of the total digital audience comes from
outside the North American market, including Asia, which generates more
than 11 million visitors per month, and nearly six million from Europe,
Middle East and Africa. In 2011, traffic to the Journal's Chinese- and
Japanese-language Web sites increased 38% and 150%, respectively.
To further serve its expanding global audience, the Journal and Dow
Jones have launched a series of regionally focused digital initiatives
-- the most recent of which, a German-language news site (WSJ.de),
launched earlier this month. Other regional offerings are available,
including China, Japan, Korea, India, Southeast Asia, and Central and
About Mr Narisetti
Mr. Narisetti has been Managing Editor of Washington Post Co. since
January 2009, overseeing digital content, products and new businesses,
as well as its editing, design, photo, video, engagement and social
media teams. Prior to joining the Post, Mr. Narisetti served as
Founding Editor of India's Mint newspaper, which has an exclusive
agreement to publish Journal-branded content in India.
During his previous tenure with the Journal, Mr. Narisetti held
multiple roles, most recently as Deputy Managing Editor and Editor of
The Wall Street Journal Europe in 2006, and led the re-launch of the
European and Asian editions of the Journal. He also served as Deputy
National News Editor of the Journal as well as Deputy Managing Editor,
based in New York. He joined the Journal in 1994 as a reporter in
Prior to joining the Journal, Mr. Narisetti was a Business Writer for
the Dayton Daily News.
Mr. Narisetti holds a Bachelor's Degree in Economics and Sociology from
Osmania University in Hyderabad, India. He also received a Master's in
Management from the Institute of Rural Management in Anand, India. He
has a Postgraduate Diploma from the Times of India School of Journalism
in New Delhi and a Master's Degree in Journalism from Indiana
University in Bloomington.
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CONTACT: Ashley Huston
Dow Jones & Company