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> Absolutely no one is paying for content online "The Financial Times saw a sharp increase in profits in 2014, driven by growth in subscription and digital rev
by trimbo 11y ago
> Absolutely no one is paying for content online
"The Financial Times saw a sharp increase in profits in 2014, driven by growth in subscription and digital revenues and a record high circulation.
The FT’s total circulation grew 10% year-on-year to nearly 720,000 across print and online. FT.com subscriptions grew 21% to almost 504,000, with digital now representing 70% of the FT’s total paying audience."
http://aboutus.ft.com/2015/02/27/financial-times-2014-results/ http://aboutus.ft.com/2015/02/27/financial-times-2014-result...
- mozumder 11y agoright. And about 320,000 people pay $24,000/year for a Bloomberg terminal. I still see them (FT, WSJ, BB, etc..) as a niche trade-specific media properties, with no relevance to people outside of the industry. Or to put it another way, you're saying "Sure, subscriptions on the internet can work.. all you need is everyone to be a banker!"