Thursday, July 23, 2015

“Financial Times” sold the Japanese Nikkei concern – Wyborcza.biz



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Nikkei Japanese media company confirmed on Thursday that it was the buyer quality newspaper “Financial Times “.

The Nikkei is the publisher of the daily newspaper” Nihon Keizai Shimbun “, which is published since 1876. It is this title publishes the world-renowned index of the Tokyo Stock Exchange – the Nikkei.

Speculation about the sale of the British title appeared a few years. A few days ago that the publishing house Pearson PLC is considering selling the “Financial Times” wrote portal Bloomberg. – If Pearson gets a “FT” billion pounds, I’ll eat my head – said Alex DeGroot, an analyst at London-based Peel Hunt. When in 2012 the current President of Pearson, John Fallon took over the reins after Marjorie Scardino, the media also be wondering whether the company will get rid of “FT”.

“The Guardian” newspaper on the estimated value of 500-800 million pounds. DeGroot same in 2012 as potential buyers named Bloomberg, the company News Corp. and the agency Thomson Reuters.

“Financial Times” was founded in 1888 as a four-page newspaper. Last year, the title reached a record 10-percent increase in circulation compared with the previous year, reaching 720 thousand. copies. 70 percent. of which are online editions subscription. The number of digital subscriptions increased during the year by 21 per cent., To almost 504 thousand.

Owner “Financial Times” is not a typical media corporation. Three-quarters of the company’s revenue comes from Pearson market activity books. In addition to the concern include, among others Literary brands such as Penguin and Dorling Kindersley (guidebooks).

The company has also several websites and a half-interest in the weekly “The Economist”. In total, shoulder press brings concern less than 10 percent. from 4.9 billion pounds in revenue. Detailed data on the France Télécom group’s finances are not published.

Why do so many look for?

Digital Subscription Electoral available via the Internet, phone, tablet and eReader, of 0.99 per month

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