The FT Group performed well in the Pearson 2012 results, with revenue growth up 4% year on year to £443m. Digital and services now account for 50% of FT Group revenues, up from 31% in 2008. Content revenues comprised 61% of total revenues, up from 48% in 2008, while advertising accounted for 39% FT Group revenues, down from 52% in 2008.
NEW YORK: The Society of American Business Editors and Writers (SABEW) awarded the Financial Times with three prizes in its annual Best in Business contest announced today. The competition, which recognises the year’s finest business news coverage and commentary, attracted more than 1,100 entries from leading news organisations, making 2012 the most competitive year in the history of the contest.
Martin Dickson, US Managing Editor of the FT, commented: “It is an honor to be recognized by our peers, especially during such a storied year in business, finance and economic journalism. These wins are testament to the FT’s mission of providing our readers with the highest quality journalism in whichever format they choose. We are extremely proud of this achievement.”
The Financial Times is partnering with HTC for the launch of HTC BlinkFeed, a news aggregator available on the new HTC One smartphones devices, offering select FT content for free.
HTC BlinkFeed brings content to the device’s home screen, enabling users to see content that is most interesting to them without having to open a series of apps. It offers instant access to a continuous feed of aggregated content, including daily blog posts and videos from the Financial Times. A limited amount of FT content is free, but readers will have to register and subscribe if they wish to read further articles.
Today the Financial Times celebrates 125 years as one of the world’s leading business news organisations by launching a range of initiatives around the globe. These include an anniversary feature in print and online, a new marketing campaign and subscription offer, and a series of global events.
“Since 1888, the FT has grown to become the world’s most authoritative source of global business and political news, providing a trusted guide to international affairs, and we are now read by more people than ever before,” said FT CEO John Ridding. “During our 125 year history, much has changed, especially with the digital disruption of recent years. But there are some crucial constants – the quality of our journalism and the innovation we have brought to bear in adapting to the changing demands of our readers and in creating a dynamic multi-channel business.”