Categories: OLD Media Moves

FT acquires controlling stake in Dutch-based tech news and events company

The Financial Times has acquired a controlling stake in TNW (The Next Web), an events and media company with a focus on new technology and startups in Europe, for an undisclosed amount.

The move complements the FT’s recent investment in Sifted, a new media and data platform targeting Europe’s innovators and entrepreneurs, and the expansion of various other tech-themed editorial products.

“TNW is an established and profitable business that produces one of the largest and most critically acclaimed tech startup events in Europe,” said FT Live Global Publisher Angela Mackay in a statement. “There are clear synergies between TNW and FT Live, in sharing audiences and delivering the FT’s world-class journalism on live stages in Europe. We look forward to delivering first-class programs with our new partners.”

The FT and TNW have already announced a content partnership for TNW’s flagship tech conference, TNW2019. The FT will program one of the event tracks and will co-host The Assembly, an exclusive gathering of technology leaders, industry figures and key policy-makers.

FT, which is now owned by Nikkei, has been diversifying its business in strategic areas.

It follows the acquisitions by FT in recent years of AlphaGrid, a content production company; GIS Planning, a San Francisco-based investment intelligence company; and Longitude, a specialist provider of thought leadership and research services.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

Star Tribune seeks a business editor

The Star Tribune is seeking an accomplished, motivated and versatile journalist and leader to shape…

18 hours ago

Newsday seeks a deputy AME for biz coverage

The Deputy AME-Business is responsible for the development and planning of coverage on all Newsday…

18 hours ago

CNBC.com promotes two news staffers, hires one

CNBC.com managing editor Jeff McCracken announced Friday the following promotions: In San Francisco, Ari Levy has…

18 hours ago

Newsday seeks a reporter to cover commercial real estate

This Newsday reporter will cover Long Island’s commercial real estate market and the region’s evolving…

18 hours ago

NY Times seeks a business feature and beat reporter

The New York Times is looking for a versatile editor to edit enterprise and feature…

19 hours ago

Lamers departing Marijuana Business Daily

International editor Matt Lamers is leaving Marijuana Business Daily. He has been there for seven years. Lamers…

19 hours ago