OLD Media Moves

Financial Times reports higher circulation

July 31, 2006

Pearson PLC, the London-based parent of The Financial Times, reported second-quarter earnings on Monday, and in the details of the press release noted higher circulation and advertising for the business newspaper.

The release stated, “The Financial Times continues to show good momentum, with circulation up 5% and advertising revenues up 11% in the first half.”

In addition, the business newspaper reported a profit for the first half of the year, compared to a loss in the same time period a year ago.

Read the press release here.

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