Mark Sweeney of The Guardian in London reports that the parent of The Financial Times newsspaper has seen a drop in revenue for the first nine months of the year.
“Pearson said the Financial Times ‘continued to face a weak market for financial and corporate advertising in the third quarter, but it is benefiting from its long-term strategy of earning premium revenues from users for valued content in print and online’.
“FT.com now has a paying base of 121,000 subscribers — up 22% on the same period last year.
“At the Economist Group, in which Pearson owns a 50% stake, advertising ‘remains weak but subscription and content revenues will continue to grow’.”
Read more here.
Morgan Meaker, a senior writer for Wired covering Europe, is leaving the publication after three…
Nick Dunn, who is currently head of CNBC Events as senior vice president and managing…
Wall Street Journal editor in chief Emma Tucker sent out the following on Friday: Dear…
New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…
Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…
This position will be Hybrid in the office/market 3 days per week, and those days…
View Comments