EXHIBIT 21

SUBSIDIARIES

|Name of Subsidiary                                                 | Jurisdiction of  
Incorporation or Organization
|------------------------------------------------------------------ | -----------------------------------------------
|Dow Jones & Company (Australia) Pty Ltd.                           | Australia                                      
|Dow Jones & Company (Singapore) Pte Ltd.                           | Singapore                                      
|Dow Jones (Japan) K.K.                                             | Japan                                          
|Dow Jones AER Company, Inc.                                        | Delaware                                       
|Dow Jones BD Services, Inc.                                        | Delaware                                       
|Dow Jones Canada, Inc.                                             | Canada                                         
|Dow Jones Consulting (Shanghai) Ltd.                               | Shanghai                                       
|Dow Jones Distribution Malaysia                                    | Malaysia                                       
|Dow Jones & Company (Schweiz) GmbH                                 | Switzerland                                    
|Dow Jones Hedge Fund Indexes                                       | Delaware                                       
|Dow Jones Information Services International (HK) Ltd.             | Hong Kong                                      
|Dow Jones International GmbH                                       | Germany                                        
|Dow Jones News GmbH                                                | Germany                                        
|Dow Jones International Ltd.                                       | United Kingdom                                 
|Dow Jones International Advertising & Marketing Services, Inc.     | Delaware                                       
|Dow Jones Italia Srl                                               | Italy                                          
|Dow Jones, L.P.                                                    | Delaware                                       
|Dow Jones Nederland BV                                             | Netherlands                                    
|Dow Jones Newswires Holdings, Inc.                                 | Delaware                                       
|Dow Jones Printing Company (Asia), Inc.                            | Delaware                                       
|Dow Jones Publishing Company (Asia), Inc.                          | Delaware                                       
|Dow Jones Distribution Co. (Asia), Inc.                            | Delaware                                       
|DJBI, LLC                                                          | Delaware                                       
|Dow Jones Business Interactive (U.K.) Limited                      | England/Wales                                  
|Factiva, Inc.                                                      | Delaware                                       
|Factiva, LLC (formerly Dow Jones Reuters Business Interactive LLC) | Delaware                                       
|Factiva (Singapore) Pte. Ltd.                                      | Singapore                                      
|Factiva Limited                                                    | England/Wales                                  
|Factiva (France) S.A.R.L                                           | France                                         
|Factiva Business Information, S.L.                                 | Spain                                          
|Factiva (Australia) Pty Limited                                    | Australia                                      
|Factiva (Hong Kong) Limited                                        | Hong Kong                                      
|Dow Jones Southern Holding Company, Inc                            | Delaware                                       
|Factiva Finance LLC                                                | Delaware                                       
|Dow Jones Publishing Company (Europe), Inc.                        | Delaware                                       
|The Wall Street Journal Europe S.P.R.L                             | Belgium                                        
|The Wall Street Journal Europe Holding Company                     | Delaware                                       
|Dow Jones Ventures V, Inc.                                         | Delaware                                       
|MarketWatch, Inc.                                                  | Delaware                                       
|Hulbert Financial Digest                                           | Virginia                                       
|National Delivery Service, Inc.                                    | Delaware                                       
|VentureOne Corporation                                             | Delaware                                       
|Bergstresser Insurance, Inc.                                       | New York                                       
|Dow Jones Cash Management, LLC                                     | Delaware                                       
|Dow Jones Ventures VI, Inc.                                        | Delaware                                       
|Dow Jones Ventures VII, Inc.                                       | Delaware                                       
|Ottaway Newspapers, Inc.                                           | Delaware                                       
|Ottaway Newspapers of Pennsylvania Holding, Inc                    | Delaware                                       
|Ottaway Newspapers of Pennsylvania, L.P.                           | Delaware                                       
|Seacoast Newspapers, Inc.                                          | New Hampshire                                  
|The Inquirer & Mirror, Inc.                                        | Massachusetts                                  
|Ottaway Newspapers of Pennsylvania Management, Inc                 | Delaware                                       
|Ottaway Newspapers of Delaware, SMLLC                              | Delaware                                       
|Ottaway National Publishing, Inc.                                  | Delaware                                       
|Davill, Inc.                                                       | Washington                                     
|The Nickel of Medford, Inc.                                        | Oregon                                         
|The Traverse City Record Eagle, Inc.                               | Delaware                                       
|The Santa Cruz Sentinel, Inc.                                      | Delaware                                       
|ONI Stockton, Inc.                                                 | Delaware                                       
|The Mail Tribune, Inc.                                             | Delaware                                       
|Review Publishing Company Limited                                  | Hong Kong                                      
|Dow Jones Advertising (Shanghai) Co. Limited                       | Shanghai                                       



All of the above subsidiaries are included in the consolidated financial statements.