Ridding told Deloitte and Enders Analysis’ Media and Telecoms 2021 & Beyond conference on that publishers do not have to choose between advertising and subscriptions as there is still “strong growth” to be had in both revenue streams.
He said the FT’s digital content revenues are now bigger than all its other revenue streams combined and more than three times print advertising, which is the next biggest.
He also revealed digital advertising revenues at the FT were up by 30% in 2020 and overtook print in the final quarter of the year.
“A moment, and a milestone, and not a coincidence,” he said. “Rather it’s the result of deeper audience data and, as a result, an increasingly effective marketing proposition. So it isn’t ads versus subs – there is strong growth to be had in both.
Financial Times & Wilshire announce collaboration to create innovative indices Wednesday, February 10, 2021 Opalesque Industry Update - The Financial Times, the trusted global financial media brand and a pioneer in digital journalism, and Wilshire, a global investment, technology and advisory company today announce a far-reaching collaboration to develop new, innovative and more relevant indices, metrics, data sets and analytics to serve and inform investors worldwide.
The new services will provide investors with tools and content to understand the evolution of new themes in business and investment, from Environmental, Social & Governance (ESG) to new digital financial instruments.
The two organisations, working with a range of leading market innovators and experts, will create dedicated services and features on FT.com combining data, tools, analytics and indices from Wilshire and its partners. The venture will provide investors with unique commentary, insights and data
Financial Times & Wilshire Announce Collaboration to Create Innovative Indices, Analytics and Data Sets for Investors
Exclusive collaboration leverages the Financial Times global digital audience and Wilshire s data, analytics and index capabilities to benefit Financial Times readers and investors worldwide
A worldwide license of the FT mark will see the Wilshire 5000 enhanced and rebranded FT Wilshire 5000
Collaboration sees strengthening of the Wilshire Leadership Team to support its new growth vision
The Financial Times, the most trusted global financial media brand and a pioneer in digital journalism, and Wilshire, a global investment, technology and advisory company today announce a far-reaching collaboration to develop new, innovative and more relevant indices, metrics, data sets and analytics to serve and inform investors worldwide.
The voluntary redundancies are believed to include up to 20 in editorial.
According to insiders 19 jobs are understood to be under threat at FT Chinese.
The NUJ chapel said in a statement: “We condemn the FT’s moves to make staff redundant just before Christmas in what has been a year of massive uncertainty due to the pandemic; this contrasts starkly with the CEO’s reassurances this summer that no jobs would be lost during 2020.
“We are especially concerned at the proposal to close completely FT Chinese’s only overseas editorial operation at a time when journalists are under increasing pressure in China. We are extremely worried about the speed of the consultations with staff put at risk in this team and find it hard to believe that meaningful alternatives were explored before our members were pressed to sign redundancy agreements.”
FT editor’s golden goodbye of almost £2m ‘more than 70 times trainee wage’
The union suspended its pay negotiations with the FT after learning from The Sunday Telegraph of Lionel Barber’s package
19 December 2020 • 9:30pm
Lionel Barber left the FT in January
Credit: AFP
Journalists at the
Financial Times have branded a £1.92m golden goodbye for its former editor a “slap in the face” that is “toxic to morale”.
The National Union of Journalists last week suspended pay negotiations with the FT after being contacted about Lionel Barber’s package by The Telegraph on Wednesday, acting on information from media sources. Accounts filings would have typically revealed it in summer, but were running months behind schedule.