NEW
YORK and LONDON,
Dec. 2,
2024 /PRNewswire/ -- Dow Jones today announced it has
acquired WorldECR, an industry-leading provider of news, data
and analysis on global export control and trade sanctions. This is
the latest in a series of investments and acquisitions aimed at
bolstering Dow Jones's portfolio of specialized news, data,
analysis and events for business users.
Based in London, WorldECR
serves compliance professionals from corporations, law firms,
governments, professional services, research and financial
institutions. Its flagship operations include subscription-based
specialist trade publications WorldECR and Export
Compliance Manager as well as an extensive collection of
practitioner guides and the annual WorldECR Forum, which
takes place in London and
Washington D.C each year. Its
portfolio also includes CtrlAtlas, a dynamic database of
export control regulations and guidance from around the world.
WorldECR will operate as part of Dow Jones Risk &
Compliance, enhancing Dow Jones's existing product portfolio
with world-class editorial coverage and marquee events to help
customers navigate the increasingly complex trade compliance
landscape.
This acquisition comes at a time of continued growth and
expansion for Dow Jones Risk & Compliance. In its first quarter
earnings for fiscal 2025, revenues grew 16% to $81 million. Dow Jones also recently announced it
has expanded its ownership stake in Ripjar, a global data
intelligence software provider, underscoring its ongoing commitment
to becoming a leading information service provider for the growing
risk and compliance community. Earlier this year, the company also
acquired A2i Systems, a world leader in AI-powered fuel
pricing solutions.
"With the addition of WorldECR's authoritative journalism, we
have made a significant step forward in our strategy to provide a
comprehensive suite of news, data, analytics and peer-to-peer
learning that risk professionals need to make strategic business
decisions," said Almar
Latour, CEO of Dow Jones. "Adding the valued content
from WorldECR into the Dow Jones portfolio is the latest investment
to ensure we offer the most comprehensive data and information in
key areas that our customers seek out from us."
"We are delighted to welcome WorldECR to our team," added
Joel Lange, EVP & General
Manager, Dow Jones Risk & Compliance. "In today's increasingly
complex sanctions and export control environment, it is more
important than ever for risk professionals to have access to
accurate, up-to-date information. WorldECR's trusted news and
insights are an excellent companion to our expanding risk offering,
ensuring that our customers are equipped to mitigate risk in the
face of constantly shifting trade regulations."
WorldECR Co-founder and Editorial Director Tom Blass said, "We are extremely excited to
join Dow Jones. The move enhances our ability to provide insight
and analysis on the fast-changing landscape of sanctions and export
controls and national security risk and regulation more broadly. We
look forward to working collaboratively with our new colleagues,
sharing ideas--and extending our reach to new readers."
The annual WorldECR Export Controls and Sanctions Forum will
take place in London 3-4 December 2024, bringing together a global
community of trade regulation professionals to discuss topical
export control developments and trends. For more information please
visit worldecr.com/worldecr-forum.
About Dow Jones
Dow Jones is the leading global
provider of business news and information, delivering news, data
and analysis to the global business community and consumers in
digital, mobile and events. Dow Jones has produced unrivaled
quality business news and information for more than 130 years and
today has one of the world's largest news-gathering operations
globally. It is home to premium publications and information
services including The Wall Street Journal, Barron's, MarketWatch,
Mansion Global, Financial News, Investor's Business Daily, Factiva,
Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and
Chemical Market Analytics. Dow Jones is a division of News Corp
(Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
About WorldECR
WorldECR is a leading publication
focused on international trade compliance, sanctions, and export
controls. Established in 2011, WorldECR is trusted by compliance
professionals in industry and finance, by legal and professional
services firms, and by government departments and research
institutions, for essential news, insight and analysis in the
ever-changing areas of trade regulation and national security. Its
portfolio of practitioner guides and sister publication Export
Compliance Manager are also well known and regarded. For more
information, visit www.worldecr.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/dow-jones-acquires-worldecr-to-enhance-editorial-coverage-for-global-compliance-community-302318692.html
SOURCE Dow Jones & Company, Inc.