Categories: OLD Media Moves

FT resisting giving over subscriber relationship to Apple

The Financial Times wants to keep selling subscriptions for its digital news directly to readers rather than surrender control of new customers who sign up via Apple’s iPad, according to a Reuters story on Monday.

Georgina Prodham writes, “Apple’s hit tablet computer, the iPad, has become a major driver of new subscriptions to FT.com, thanks to its large and crisp display, possibilities for interactive features and affluent customer base.

“But the FT values direct relations with its customers which allow it to tailor advertising and products to its audience, and is resisting Apple’s efforts to channel them through the App Store.

“‘We don’t want to lose our direct relationship with our subscribers. It’s at the core of our business model,’ Rob Grimshaw told Reuters in an interview on Monday.

“He said he was hopeful of a positive outcome to negotiations with Apple, but added: ‘If it turns out that one or another channel doesn’t mix with the way we want to do business, there’s a large number of other channels available to us.'”

Read more here.

Recent Posts

Washington Post announces start of third newsroom

Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…

6 hours ago

FT hires Moens to cover competition and tech in Brussels

The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…

6 hours ago

Deputy tech editor Haselton departs CNBC for The Verge

CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…

7 hours ago

“Power Lunch” co-anchor Tyler Mathisen is leaving CNBC

Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…

8 hours ago

Upset CoinDesk staffers send letter to owner

Members of the CoinDesk editorial team have sent a letter to the CEO of its…

10 hours ago

Capitol Forum seeks a deputy managing editor

The Capitol Forum is seeking a detail-oriented and collaborative Deputy Managing Editor to support the…

11 hours ago