Attempts by Asiaweek staff and other potential investors to revive the magazine following its closure in November are being blocked by owner AOL Time Warner, according to sources.
Soon after the closure - which resulted in 80 job losses - a small group of journalists from the magazine arranged to have preliminary discussions with a potential investor.
The meeting was cancelled after talks with Asiaweek president Peter Brack.
AOL Time Warner is only offering to sell the title but none of its other important assets, such as the subscriber list.
One source said: 'They are not interested in selling - from my understanding there are as many as 10 offers on the table.'
AOL Time Warner's position has led to speculation it wants to ensure Asiaweek is not relaunched to avoid extra competition in Asia for its other titles such as Time and Fortune magazines.
Mr Brack denied AOL Time Warner was reluctant to sell Asiaweek but confirmed it was not going to offer the magazine's subscriber list to potential buyers as it wanted to keep that for the company's other publications.
