EXHIBIT 21

SUBSIDIARIES OF THE COMPANY

|Name of Subsidiary                                             |  | Jurisdiction of
Incorporation or
Organization
|-------------------------------------------------------------- |  | ---------------------------------------------
|                                                               |  |                                              
|Dow Jones Advertising (Shanghai) Co., Limited                  |  | Shanghai                                     
|Dow Jones AER Company, Inc.                                    |  | Delaware                                     
|Dow Jones & Company (Australia) Pty Limited                    |  | Australia                                    
|Dow Jones & Company (Schweiz) GmbH                             |  | Switzerland                                  
|Dow Jones & Company (Singapore) Pte Limited                    |  | Singapore                                    
|DJBI, LLC                                                      |  | Delaware                                     
|Dow Jones BD Services, Inc.                                    |  | Delaware                                     
|Dow Jones Broadcasting (Asia), Inc.                            |  | Delaware                                     
|Dow Jones Broadcasting (Europe), Inc.                          |  | Delaware                                     
|Dow Jones Canada, Inc.                                         |  | Canada                                       
|Dow Jones Consulting (Shanghai) Limited                        |  | Shanghai                                     
|Dow Jones Distribution Co. (Asia), Inc.                        |  | Delaware                                     
|Dow Jones Distribution Malaysia                                |  | Malaysia                                     
|Dow Jones Hedge Fund Indexes, Inc.                             |  | Delaware                                     
|Dow Jones Information Publishing, Inc.                         |  | Delaware                                     
|Dow Jones Information Services International (HK) Ltd.         |  | Hong Kong                                    
|Dow Jones International GmbH                                   |  | Germany                                      
|Dow Jones International Ltd.                                   |  | United Kingdom                               
|Dow Jones International Advertising & Marketing Services, Inc. |  | Delaware                                     
|Dow Jones Italia Srl                                           |  | Italy                                        
|Dow Jones Japan K.K.                                           |  | Japan                                        
|Dow Jones, L.P.                                                |  | Delaware                                     
|MarketWatch, Inc.                                              |  | Delaware                                     
|Hulbert Financial Digest                                       |  | Virginia                                     
|National Delivery Service, Inc.                                |  | Delaware                                     
|Dow Jones Nederland BV                                         |  | Netherlands                                  
|Dow Jones News GmbH                                            |  | Germany                                      
|Dow Jones Newswires Holdings, Inc.                             |  | Delaware                                     
|Dow Jones Printing Company (Asia), Inc.                        |  | Delaware                                     
|Dow Jones Publishing Company (Asia), Inc. (90% owned)          |  | Delaware                                     
|Dow Jones Publishing Company (Europe), Inc.                    |  | Delaware                                     
|Review Publishing Company Limited                              |  | Hong Kong                                    
|VentureOne Corporation                                         |  | Delaware                                     
|Dow Jones Ventures V, Inc.                                     |  | Delaware                                     
|The Wall Street Journal Europe Holding, Inc.                   |  | Delaware                                     
|The Wall Street Journal Europe S.P.R.L.                        |  | Belgium                                      
|Dow Jones Cash Management, Inc.                                |  | Delaware                                     
|Davill, Inc.                                                   |  | Washington                                   
|The Inquirer & Mirror, Inc.                                    |  | Massachusetts                                
|The Mail Tribune, Inc.                                         |  | Delaware                                     
|The Nickel of Medford, Inc.                                    |  | Delaware                                     
|ONI Stockton, Inc.                                             |  | Delaware                                     
|Ottaway National Publishing, Inc.                              |  | Delaware                                     
|Ottaway Newspapers, Inc.                                       |  | Delaware                                     
|Ottaway Newspapers of Delaware, SMLLC                          |  | Delaware                                     
|Ottaway Newspapers of Pennsylvania, L.P.                       |  | Delaware                                     
|Ottaway Newspapers of Pennsylvania Management, Inc.            |  | Delaware                                     
|The Santa Cruz Sentinel, Inc.                                  |  | Delaware                                     
|Seacoast Newspapers, Inc.                                      |  | New Hampshire                                
|The Traverse City Record Eagle, Inc.                           |  | Delaware                                     
|Dow Jones Ventures VI, Inc.                                    |  | Delaware                                     



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