FT Deutschland could close
Harro Ten Wolde and Peter Maushagen of Reuters report that the Financial Times edition in Germany could be closed. Ten Wolde and Maushagen write, “Publisher Gruner + Jahr (G+J), controlled by German media conglomerate Bertelsmann, is expected to decide the fate of the FTD at a board meeting on Wednesday but few at the paper […]
The FT and mobile trends in media
The Financial Times and Muck Rack hosted Thursday a discussion on mobile trends in media. Rob Grimshaw, managing director of FT.com, answered questions moderated by Greg Galant, CEO of Sawhorse Media. Here is an excerpt from the FT’s report on the session: Creating a digital culture and driving innovation internally were hot topics of discussion […]
Pearson CFO won’t rule out sale of Financial Times
Pearson Plc said Wednesday it wouldn’t rule out a sale of the Financial Times as Chief Financial Officer Robin Freestone told investors that the company may eventually re-examine its ownership of the newspaper. Amy Thomson and Kristen Schweizer of Bloomberg News report, “‘We look at the ownership of that and say, ‘Are we the best […]
FT accused of jacking up cover price
Louise Armitstead of The Telegraph in London writes that an analyst that follows Pearson Plc, the parent of The Financial Times, has written a scathing report accusing it of unnecessarily increasing the cover price of the paper and that the FT is not worth as much as what has been reported. Armitstead writes, “The analyst […]
FT says it will be primarily digital experience by next Olympics
The Financial Times expects to be primarily a digital mobile experience by the time of the next Olympics, according to FT.com’s leader, Rob Grimshaw. Arif Durrani of MediaWeek writes, “Mobile already accounts for 25% of FT.com’s traffic and is said to be driving between 15%-20% of all new subscriptions, where iPad users lead the charge. […]
Analyzing the FT as an acquisition target
Reuters blogger Felix Salmon takes a look at the operations of The Financial Times in the wake of reports that it is for sale. Salmon writes, “Pearson loves to repeat that ‘the FT is a valued and valuable part’ of the company, but there’s a good reason why public, listed companies tend not to own […]
Pearson denies it want to sell FT
Agence France-Presse reports that Pearson is denying a Bloomberg report that it plans to sell the Financial Times. AFP reports, “Media wire Bloomberg reported that British media group Pearson was sounding out a private sale and that the company ‘has decided to consider offers for the newspaper this year.’ “Pearson released a statement within an […]
Pearson seeks sale of Financial Times
Pearson Plc is planning to explore a sale of the Financial Times newspaper, as the company focuses on its faster-growing education business, people with knowledge of the situation said. Matthew Campbell, Edmund Lee and Serena Saittoof Bloomberg News write, “The company has decided to consider offers for the newspaper this year, said the people, who […]
Why the Financial Times matters
Douglas McIntyre of 24/7WallSt.com writes about the importance of The Financial Times in business news coverage. McIntyre writes, “Some hope emerged in 2011 and 2012 that the extreme drag that the economy had put on print media company results had lessened considerably. That would give the same companies a longer time to make their moves […]
FT curtails spending on hiring, travel
The Financial Times has imposed a recruitment freeze and a ban on all but the most essential travel, to control costs in a tough advertising market. Mark Sweney of The Guardian in London writes, “John Ridding, the Financial Times chief executive, outlined the measures in an internal email on Tuesday to the newspaper’s senior management […]
