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Wall Street Journal launches German edition

The Local · 10 Jan 2012, 13:28

Published: 10 Jan 2012 13:28 GMT+01:00

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“We asked hundreds of our potential readers what they lack at present in the German business press. The answer came loud and clear: A global perspective not only on what happens in Germany, but also on the latest events in Washington, London, Tokyo and in the emerging markets of Asia or Latin America,” wrote Wall Street Journal Deutschland editor Knut Engelmann.

The new edition, which is only on the internet, follows several other forays by the Rupert Murdoch-owned American newspaper into foreign markets – the Journal has English-language editions targeted toward Asia, Europe and India and runs Chinese, Japanese, Portuguese and Spanish websites.

Its first German edition featured plenty of coverage of the euro crisis, an original interview with a top Siemens executive and a story on Apple CEO Tim Cook taken from the Journal’s English edition.

The Journal has not said how much of the Wall Street Journal Deutschland will be exclusive and how much will be translated stories from the paper’s main edition. But it has a dedicated team based in Frankfurt working alongside reporters and editors from sister company Dow Jones.

It is also not clear whether it will be able to carve out a niche in the competitive German business news market, which is already dominated by the Handelsblatt and Financial Times Deutschland (FDT).

Handelsblatt chief editor Gabor Steingart has said he takes "every competitor seriously." And FTD head Steffen Klussmann also said he was watching the Journal's expansion closely.

Story continues below…

The launch comes after American news website The Huffington Post announced in November that it wanted to create a German edition by the middle of this year.

The Local/DAPD/mdm

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Your comments about this article

19:35 January 10, 2012 by carlm
Germany could sure use a decent news source, the existing ones are pathetic left wing rags little better than the National Enquirer.
01:27 January 11, 2012 by nemo999
and you can have your voice mail and e-mail hacked by Rupert and his crack team of internet pirates.
14:04 January 11, 2012 by Der Grenadier aus Aachen

Sorry to be the one that has to tell you, but Germany is pretty left-wing compared to the United States - most of Europe is far left of the United States. (I have to assume you're from the United States, since the National Enquirer is an American paper)

As a consequence, it probably makes sense that the newspapers are left-wing.
12:43 January 14, 2012 by rdiac
There is some great stuff in the Journal but you should be aware that News Corp has attacked the Eurozone as if it were the press wing of Goldman Sachs and the American Republican party. To verify, have a good look around at their British titles.

For a brief look at their behavior in Oz, have a look here - www.crikey.com.au/2011/09/14/the-australian-robert-manne-quarterly-essay/ .

You can look forward to vendettas against individuals and policies, political interference, destroyed careers and probably worse. Maybe don't be very afraid, but concerned definitely.
19:17 January 14, 2012 by Drewsky
Remember, this newspaper is controlled by Murdoch, who controls much of the US Republican Party. The US Republican Party's ideas and mission would make their likes completely unelectable in Germany or any other developed nation. Only in America, the dumb-down capital of the world, are working class people idiotic enough to shoot themselves in the foot while the wealthiest 1-2% get away with paying virtually no taxes.
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