Financial Times sold to Japanese media firm Nikkei

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  • doversoul1
    Ex Member
    • Dec 2010
    • 7132

    Financial Times sold to Japanese media firm Nikkei

    Well…..
    Publishing group Pearson has announced it is to sell the Financial Times Group to Japanese media firm Nikkei for £844m in cash.


    Host: I am interested in the cultural implications but if, by your judgement, it becomes too much like a current affair matter, please delete the thread.
  • DracoM
    Host
    • Mar 2007
    • 13026

    #2
    I hope my fears for what has happened to FT are unfounded.

    Comment

    • gradus
      Full Member
      • Nov 2010
      • 5665

      #3
      What are your fears? The FT is and will remain a newspaper of record staffed by some of the best qualified journalists in their fields, to destroy that would be to destroy the value of the acquisition.

      Comment

      • Serial_Apologist
        Full Member
        • Dec 2010
        • 38172

        #4
        Originally posted by gradus View Post
        What are your fears? The FT is and will remain a newspaper of record staffed by some of the best qualified journalists in their fields, to destroy that would be to destroy the value of the acquisition.
        That's right.

        Back in the good old days, we used to say that if you want to find out the truth, the real truth, about all the goings-on in the world of money and power, then read the Financial Times.

        Comment

        • Frances_iom
          Full Member
          • Mar 2007
          • 2433

          #5
          Originally posted by Serial_Apologist View Post
          That's right.

          Back in the good old days, we used to say that if you want to find out the truth, the real truth, about all the goings-on in the world of money and power, then read the Financial Times.
          I read it in preference to the others - excellent articles that don't try to sensationalize and respect the readers knowledge + intelligence - likewise The Economist - hope the new owners don't attempt to change it (personally I still getting over the change in typeface)

          Comment

          • Historian
            Full Member
            • Aug 2012
            • 670

            #6
            I believe Pearson are holding on to their stake in The Economist.

            Comment

            • DracoM
              Host
              • Mar 2007
              • 13026

              #7
              Yes, indeed, I admire the FT very much, which is why I worry. After all, we watched The Times lurch when it changed ownership decades ago.

              Comment

              • doversoul1
                Ex Member
                • Dec 2010
                • 7132

                #8
                At least, Nikkei Shinbun / Japan Financial News (newspaper) is a very close equivalent to FT amongst newspaper publishing in Japan where there is no distinction between broadsheet and tabloids. In fact, you could say that Nikkei is the only broadsheet in Japan. However, corporate cultures between the two countries are different beyond probably most people’s comprehension. I wonder how this will affect the editorial practice or how they go about overcoming the difference.
                Last edited by doversoul1; 23-07-15, 20:23.

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