Financial Times Ltd

    Overview

    London-based publisher of business news, opinion, data and analysis for the global business community, on print, mobile, and Web platforms, with "a combined paid print and digital circulation of 744,000." (2015). FT’s digital subscriptions account for 70% of its total circulation. 

    In 2015 the "FT family" comprised:

    • The FT newspaper and FT.com
    • FTChinese
    • Medley Global Advisors (MGA)
    • Financial Publishing
    • FT Labs
    • New York Institute of Finance
    • ExecSense
    Type of Organization
    Alternative Names
    Financial Times Group
    Prior Names
    The Financial News
    Parent Organization
    Pearson PLC
    Year established
    1884
    Still in Operation
    Yes
    Main Address

    80 Strand
    London
    WC2R 0RL
    United Kingdom

    Subject Areas
    History

    1888 - First established, as The London Financial Guide.

    1957 - Purchased by Pearson. 

    2015 - Purchased by the employee-owned Japanese media firm Nikkei. 

    Financial Information

    The Financial Times Group is a division of Pearson PLC, and includes the Financial Times newspaper, FT.com, a 50% shareholding in The Economist, and "a joint venture with Vedomosti in Russia."  Other FT Group holdings in 2015 included Financial Publishing, FT Chinese, FT Labs, Medley Global Advisors (MGA), ExecSense and the New York Institute of Finance.

    2014 the Group reported operating cash flow of £649 million, sales of £334 million, and £24 million of adjusted operating income. 

    In 2015 FT reported a rise in total circulation across print and digital rose more than 30% over the period 2010-2014, to 737,000, "with digital circulation growing to represent 70% of the total, from 24%, and mobile driving almost half of all traffic."

    For an analysis of the Financial Times digital strategy and business model see Ken Doctor's March 2013 post on the NiemanLab blog

     

    Governance: Board / Owners / Parent organization

    Board of Directors is drawn from within the FT and from the fields of news and finance. 

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