The Financial Times is considering scrapping its print newspaper in some countries around the globe as its traditional readership continues to decline, reports James Warrington of The Telegraph.
Warrington reports, “The City broadsheet said it was considering whether to maintain its print edition in various locations amid a ‘volatile and fragile’ market.
“The company, which shuttered its own UK printworks last year, said a comprehensive review had been carried out in 2022, taking into account factors such as reduction in circulation and the impact on subscribers and advertising.
“Bosses said the paper had a new five-year strategic plan in place, but print site contracts will be renewed on an annual basis.
“The review comes amid a continued decline in print circulation as increasing numbers of readers move online.”
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