The Financial Times today announced plans to extend its direct licence to include digital images of FT newspaper articles, which are currently licensed by the Newspaper Licensing Agency (NLA). The FT is beginning a period of consultation with customers and stakeholders before the change takes effect on 1 July 2010, at which point the NLA will cease issuing new licences for digital FT newspaper clippings.
The change to the NLA’s mandate is part of the FT’s direct licensing strategy. As media technology solutions multiply, the FT wants to build direct relationships with customers and ensure pricing transparency and consistency. The consolidation of digital licensing will provide FT direct licence holders with unlimited access to FT journalism, including pdfs of Financial Times newspaper articles, via FT.com, media monitoring services, press cutting agencies and news aggregation platforms, for one price*.
The Financial Times today announced four new appointments to its US editorial team, further strengthening its core coverage areas of business, finance and markets. Joining the US Finance and Business team and reporting to Francesco Guerrera, US finance and business editor, are:
Mara Der Hovanesian will join as the US fund management correspondent, covering US hedge funds, mutual funds and pension funds, with a particular focus on the hedge fund industry. Der Hovanesian comes to the FT after nearly a decade at BusinessWeek, where she served in a number of senior editorial roles, including markets and investments editor and banking and finance editor.
For the first time in the 12 years of the FT’s famous annual MBA rankings, a British business school has knocked the Ivy League off the top spot. The London Business School, whose alumni includes Tony Wheeler, founder of the Lonely Planet Publishing Group, and Sir Richard Greenbury, former Chairman and CEO of M&S, has pushed Wharton, Harvard and Stanford to second, third and fourth positions respectively.
Based on judging criteria including salaries, value for money and feedback from alumni, LBS’ top performance was down to a combination of high quality research and international mobility for graduates and indicates the diminishing influence of US-based schools over the past decade.
Next week at the World Economic Forum in Davos the Financial Times returns to be the voice on the ground with a team of nine correspondents providing in-depth analysis of the discussions and events that will shape and influence the global economy.
The editorial series kicks off on 26 January with the tabloid supplement ‘The Davos Agenda’ and the special report ‘The World in 2010’ the following day. Apart from daily news, analysis and video features, the online coverage will include blogging by guest writers such as Sir Martin Sorrell, Sir Howard Davies and Professor David Daoqui Li. There will be a dedicated Twitter feed: http://twitter.com/FTDavos. The series culminates with a cover feature in the FT Weekend Magazine on 30 January and a special ‘Davos Insight’ magazine on 1 February.
The Financial Times today announced the launch of its iPhone application for the FT Little Book of Business Travel (LBBT), available as a free download from the Apple and BlackBerry App stores. The app combines insightful business travel content from the first FT LBBT on Beijing, Hong Kong, Macau and Shanghai, published last November 2009 with the iPhone’s unique user interface.
The new app is compatible with any iPhone running iPhone OS 3.0 and on all iPod touch models.