FT being shopped in China
Doug Young of The South China Morning Post writes that the parent company of The Financial Times is looking for a buyer in China. Young writes, “But what I find most intriguing is the fact that Pearson might even consider selling one of its crown jewels to a Chinese buyer, which perhaps reflects just how […]
Financial Times needs to explain its future
Peter Preston of The Guardian in London writes that The Financial Times needs to make clear whether it’s for sale. Preston writes, “Uncertainty casts a blight on newspapering. When there’s stability there’s success: good people stay, good people want to join. But when the whole paper’s in play – maybe passing from one owner to […]
New head of FT Group is CEO of newspaper
John Ridding has been appointed chief executive officer of the Financial Times Group, parent of the FT newspaper, succeeding Rona Fairhead who is leaving the company. Jennifer Saba of Reuters writes, “Ridding is currently the CEO of the FT newspaper and will step into his new role effective January 1. “The announcement was made in […]
Bloomberg and the Financial Times
Michael Wolff writes on USA Today about Bloomberg’s interest in The Financial Times. Wolff writes, “As it happens, Bloomberg’s interest in the FT was sparked by his interest in the New York Times. Rupert Murdoch, a great purveyor of media gossip, ever-eager to cause trouble for his nemesis, the Times, started to spread the rumor […]
FT giving away tablets with subscriptions
The Financial Times is giving away a free Google Nexus 7 tablet in the United States with the purchase of an annual premium FT.com or combined newspaper/FT.com subscription. The offer, valid until Dec. 17, is available here. The promotion is aimed at increasing FT’s multi-channel and mobile audience. Almost 14 percent of all readers now […]
What can Bloomberg do with the FT?
Kevin Roose of New York magazine writes about three things that Bloomberg L.P. could do with The Financial Times if it acquired the business newspaper, as has been speculated. Here is one of them: 1.) Combine the FT with Bloomberg Markets. Bloomberg Markets — the monthly trade magazine that is given away free to all […]
FT or LinkedIn for Bloomberg?
Felix Salmon of Reuters ponders Monday whether acquiring the Financial Times or LinkedIn would be better for Bloomberg. Salmon writes, “The purchase of the FT would basically be a soft-power move. Bloomberg has a stated aim of becoming ‘the world’s most influential news organization’, and the FT would be a helpful fill-in acquisition on the […]
Bloomberg weighing deal for Financial Times
Amy Chozick and Michael Barbaro of The New York Times write Sunday about how Bloomberg LP is considering purchasing The Financial Times Group. Chozick and Barbaro write, “Mr. Bloomberg has long adored The Economist, and his affinity for the paper, at least as a reader, has deepened lately. Its bisque-colored pages, once rarely seen in […]
Head of FT group to step down
Rona Fairhead, chief executive of Pearson’s Financial Times Group and a member of the board of directors of the London-based media conglomerate, will step down in April, reports Amy Chozick of the New York Times. Chozick writes, “The departures of two executives who had championed the company’s print publishing assets, including The Financial Times newspaper, […]
FT Deutschland to close next month
The FT Deutschland business newspaper in Germany is slated to close on Dec. 7, Reuters reports. Reuters writes, “The paper, published in the salmon pink color of its British namesake, is pulling the plug after accumulating what German media said were 250 million euros ($322.1 million) in losses since 2000. “The FTD, which has faced […]
