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Posts Tagged ‘The Financial Times’

Financial Times Debuts New Look

Say hello to the brand new Financial Times, featuring a new typeface (called “Financier,” of course), new color graphics and a lot less clutter. We’re just glad it’s still pink. Or salmon. Or whatever.

Here’s what Lionel Barber, the FT’s editor, had to say about the revamp:

The refreshed newspaper is an agenda-setting slice of the best of the FT. It complements FT.com and other channels, providing the definitive global perspective on what readers need to know each day. The new FT has visual impact and is easy to navigate, highlighting trends and providing original news, insight, analysis and context.

We think that about covers it.

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RIP, Joan Rivers (FishbowlNY)
Comedian Joan Rivers died Thursday. TVNewser The news came from Rivers’ daughter, Melissa just before 3 p.m. ET. Rivers, who was 81, stopped breathing while undergoing outpatient surgery in New York City last Thursday. She was rushed to Mount Sinai Hospital and put on life support. NYT The State Health Department is investigating the circumstances that led to her death, a state official said Thursday. A spokeswoman, Judy Katz, said the cause of death had not yet been determined. Deadline Hollywood During a minor endoscopic procedure last Thursday to check her vocal cords at an Upper East Side clinic, Rivers was rushed to Mount Sinai, where she was put into a medically induced coma. Wednesday she was moved from intensive care to a private room at the Manhattan hospital. Mediaite Rivers got her start as a guest on the Tonight Show Starring Johnny Carson in 1965, often filling in as host for Johnny Carson over the years. But after she took a job as a rival host on the Fox network without consulting Carson, he banned her from the Tonight Show, a situation that stayed in effect until she briefly appeared on Jimmy Fallon’s first night as host earlier this year. The Late Show Starring Joan Rivers only lasted one season, but she went on to a successful stint of reality shows later in life, including Fashion Police and Joan and Melissa: Joan Knows Best? with her daughter. The Daily Beast In her last big interview, Rivers spoke candidly to The Daily Beast in July about Hollywood celebrities’ thin skins, contemplating suicide after her husband’s suicide, sex, dating and her own mortality.

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Financial Times Names Media Reporter

FT logo GThe Financial Times has hired Shannon Bond as its US media and marketing correspondent. Bond has been with the FT since 2008. She most recently served as a general assignment reporter covering the consumer goods industry.

“With a fresh take on subjects from the marijuana business to Starbucks, Shannon has established an entrepreneurial approach to reporting,” said the FT’s US managing editor, Martin Dickson, in a statement. “She is an innovative and creative force in our New York newsroom, and we are excited to see what she will do with one of our most digital beats.”

Bond will remain in the FT’s New York bureau and report to Matthew Garrahan, the paper’s global media editor.

Financial Times Names Andrew Edgecliffe-Johnson U.S. News Editor

The Financial Times has named Andrew Edgecliffe-Johnson its US news editor. Edgecliffe-Johnson has been with the paper for 16 years, most recently as global media editor.

Martin Dickson, FT’s US managing editor, said of the move, “Andrew has been a superb media editor, who has won great respect across the industries he covers. With his history of excellence in reporting, editing and team leadership, he will be a strong and dynamic US news editor.”

Edgecliffe-Johnson is succeeding Gary Silverman. Silverman will remain US deputy managing editor and add US national editor to his role.

Michael Bloomberg Is Maybe Buying The Not-For-Sale Financial Times

All the way back in February of this year, Michael Wolff speculated that Michael Bloomberg was considering purchasing The Financial TimesHowever, a spokesperson for the FT quickly shut the door on that, when he told us that the paper “is not for sale.” Then in October, more rumors about Pearson putting the salmon business paper on the block emerged. Now the New York Times is again bringing up the Bloomberg - FT connection.

Citing “three people close to Mr. Bloomberg,” the Times reports that Bloomberg — along with Reuters, which Wolff called as well — is weighing the pros and cons of buying the FT. Apparently Bloomberg has been caught appreciating the paper and its layout quite a few times, and in typical Bloomberg fashion, even joked about how he’s one of the few people who would even consider purchasing a newspaper in today’s digitally-focused world:

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Stop Calling The Financial Times ‘Pink’

Correction:

In a post last week about the potential sale of The Financial Times, FishbowlNY mistakenly described the FT as simply “pink.” As The New York Times notes, this was a gross mischaracterization.

The FT’s website insists that the paper is not just pink, it is “salmon pink.” And even if we had called it that — according to someone who works at a real, actual place called the Pantone Color Institute — we would have still been wrong. The FT, said the Pantone executive, is “bisque,” which is “a warm, welcoming, nurturing color.”

From now on FishbowlNY will refer to the FT as salmon pink; or if we’re sort of hungry, bisque. We apologize for the inaccuracy in the last post.

Rumors Fly Over Potential Sale of Financial Times

Anyone want to buy a pink newspaper? Because according to several rumors, The Financial Times is going to be up for sale soon. The Wall Street Journal reports that the departure of Pearson’s CEO Marjorie Scardino will bring about the paper’s sale.

The working theory is that Pearson is mostly focused on its education business, and could use the capital gained by selling off the FT (and Penguin Books) to acquire additional education-centric assets and build new products. Scardino has long been seen as the only stumbling block to a FT sale. She once she said that the paper would only be sold “over my dead body.” Something tells us a deal like that would be highly unethical.

Experts say that the FT could fetch as much as $1 billion, so who would line up to take that on? The usual suspects: Bloomberg LP, News Corporation and Reuters.

Also, anyone else who likes pink and has loads of cash. We’re looking at you, Paris Hilton.

Financial Times Has Over 1 Million Followers on Google+

The fact that Google+ flopped came as little surprise to anyone who has ever heard of the boutique site called Facebook. For the most part, the site remains a ghost land, with little action and a trickle of traffic. Despite this, The Financial Times has been able to be successful there, as its page recently eclipsed the one million follower mark.

According to the FT, it gathered a big audience by sticking to what it does best — covering financial news in a smart, interesting way.  ”Part of the social media team’s strategy has also been to play up to the highly visual nature of the platform and rich-media content such as videos, images and infographics,” reads a release from the FT.

That doesn’t sound groundbreaking, but it’s working. One million followers is certainly remarkable, especially considering the lack of user interaction on Google+.

Bloomberg and Reuters Rumored to Be Vying for Financial Times

Michael Wolff , writing for The Guardian, says that Bloomberg and Reuters are both competing to acquire The Financial Times. A ”senior executive” at Reuters told Wolff that FT had recently turned down an offer from Bloomberg, but it was “in clear discussions” with Reuters.

Wolff explains that gaining the paper would make sense for either company:

It is certainly true that neither Bloomberg nor Thomson Reuters need a newspaper — and yet it is true, too, that it could change the game were one of them to get a major financial news organ (so much so that each would probably do what is necessary to try to prevent the other from getting one — vastly enhancing the value of both the FT and WSJ). Indeed, while neither Pearson nor News Corp are ever going to turn the FT or WSJ into significant earners, Bloomberg and Thomson Reuters, with their back-end financial information resources, might be able to build a powerful and profitable financial news front end.

He does concede that because the talks are — according to his source — “at an informal level of discussion,” any deal might be far off.

UPDATE:
A Pearson spokesperson emailed us and denied the rumors. ”The FT is a very valued and valuable part of Pearson,” wrote the spokesperson. “It is not for sale.”

The Wall Street Journal Hires New Money and Investing Editor

Francesco Guerrera will leave his position as the U.S. based Finance Editor for The Financial Times to become The Wall Street Journal’s new Money & Investing Editor.

Talking Biz News says that Guerrera will replace Ken Brown, the Journal’s current Money & Investing Editor, who is moving to Asia to bolster the paper’s Asian edition.

 

 

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