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Murray
said, "Raju knows the world, knows digital journalism, and
knows the Journal. He is the perfect person to lead us into a new
era of global growth."
Narisetti's
appointment follows the recent departure of WSJ.com managing editor
Kevin Delaney.
WSJ's
digital news operations include WSJ.com, SmartMoney.com, MarketWatch
and the Chinese, Japanese and German-language editions of WSJ.com.
Dow
Jones editor-in-chief Robert Thomson said, "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. 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."
Born
in 1966, Narisetti has been a journalist for over 22 years, and
has spent most of his work life at the Wall Street Journal in US
and Europe. In his earlier stint at the Journal, he was editor of
its European edition and also served as deputy managing editor of
its US edition.
Narisetti
began his life in India, and after his journalism studies went on
to do his masters in journalism from Indiana University in the US
in 1991. Between 2006-2008, Narisetti was the editor of Mint, Indias
newest and fastest growing business newspaper. Mints parent
company, HT Media Ltd, is also the publisher of the English daily
Hindustan Times as also the Hindi paper Hindustan. Narisetti was
the Editor of Mint until end-2008 before moving on to join the Post.
The
Wall Street Journal Digital Network has seen 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 per cent 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 set-top boxes.
Globally,
more than 30 per cent of the total digital audience comes from outside
the US 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 by 38 and 150 per cent, 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 Eastern Europe.
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