First "Tokyo Weekender", now the Review. The internet is wiping out these dinosaurs slowly but surely. The Review hasn't had a decent Japan article for years although they made a brief attempt to step back into the spotlight with that exclusive Charles Jenkins interview. A swansong.

Kyodo via Japan Today: Far Eastern Economic Review converts to monthly

HONG KONG — The Far Eastern Economic Review, a leading newsweekly in the region, will be published as a monthly after its Nov 4 issue following after six years of losses, its publisher Dow Jones said Thursday. "Nearly all other advertising-dependent newsweeklies based in Asia already have succumbed to competition from more immediate media alternatives, and that as a weekly, the Review had lost money for the past six years," Dow Jones Chairman Peter Kann said. (Kyodo News)

Asahi: Free "Life" magazine seen as sign of times for general publications

The days of general-interest magazines surviving on subscription fees and newsstand sales to finance themselves are almost at an end, Norman Pearlstine, the editor-in-chief of Time Inc., said in a recent interview with The Asahi Shimbun.
...He said the traditional approach of publishing general-interest magazines, which requires massive advertising investments to maintain a large readership, cannot compete with today's nimbler rivals, such as free newspapers and Internet-based media firms...Pearlstine said it was easy to see that the traditional approach of relying on subscription revenues and newsstand sales would fail sooner or later.

As well, FEER swallowed AsiaWeek a few years back. And with them now they are on the ropes, soon everyone will be turning to FG for their news

Mulboyne wrote:Asahi: Free "Life" magazine seen as sign of times for general publications
The days of general-interest magazines surviving on subscription fees and newsstand sales to finance themselves are almost at an end.

Well following in the same line of thought....

The writing's on the wall for 'dead-tree' publishers
Computer magazines were first to go. But no sector is safe from online competition
The Independent, UK, By Charles Arthur / 01 November 2004
....One of the casualties in the UK was PC Direct, which used to have hundreds of pages of advertising from companies offering mail-order computers. "The ads began vanishing overnight," recalls one former staffer. "It got thinner and then it was gone." The advertisers had realised that they could reach their audience online - and moved their spending there.
Magazine publishers watched helplessly as classified advertising, especially recruitment, vanished into the ether, because computer-savvy readers realised they could find jobs or products online, and sites sprang up to satisfy them. Pages were dropped. And then whole magazines were dropped. Computer magazines were obvious first targets, because their readers were sure to be the "early adopters" of any new technology. But the same process lies in wait for other sectors,...
...."The kids who have grown up familiar with the internet aren't in business yet. But already they wouldn't think of reading a magazine or ringing up a travel agent."....
....."Kids these days are used to getting stuff directly from the net," Ms Hazlitt says. "They don't see why older people bother struggling around going out for stuff. If they want to watch a film trailer, they can get it on the net. Cinema listings? Restaurants? On the net or on their phone."
Finance magazines also suffer from the problem of inflexibility, she suggests. "Online, you can get interactive mortgage quotes] but slower in Japan and France.