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 doubt what the decision will be.
“‘There is not a single person in the newsroom who believes the newspaper will continue,’ a journalist who has been at the paper since its launch told Reuters.
“Another employee likened the mood to a ‘house of mourning.’
“A G+J spokesman declined to comment.
“The FTD, salmon-pink like its British namesake, has a daily circulation of about 102,000. It was founded as a joint venture with Pearson, but the publisher of the Financial Times sold its 50 percent stake to its German partner in 2008.
“The paper shook up the German print landscape in 2000 with its modern design, international perspective and free-wheeling journalism style.”
Read more here.
Comcast is spinning off its cable networks, including CNBC, into a separate company, reports Benjamin…
Gordon Webster Jr., the publisher of the Fresno Business Journal, is celebrating 50 years with the…
The Information has hired Financial Times reporter Sara Germano. She will start on Dec. 2 and…
The Hollywood Reporter replaced co-editor-in-chief Nekesa Mumbi Moody on Tuesday with Shirley Halperin, reports Sean Burch of…
Jim Tankersley has been named Berlin bureau chief for the New York Times. He has been…
Politico tax policy reporter Benjamin Guggenheim has been awarded the Everett McKinley Dirksen Award for…