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Editor’s Note: Encyclo has not been regularly updated since August 2014, so information posted here is likely to be out of date and may be no longer accurate. It’s best used as a snapshot of the media landscape at that point in time.

is an international business newspaper based in London.

The FT was founded in 1888 and has been owned since 1957 by the British publishing conglomerate , which also owns a 50 percent stake in the British foreign-affairs magazine . In late 2012, a change in Pearson’s CEO led to suspicions that the FT , though Pearson executives .

The FT had a worldwide circulation of as of 2014, about half in print and half online, with the majority of subscribers outside of the United Kingdom. The United States, with about 137,000 subscribers, . The FT also had as of 2014, with about half of those subscriptions bought by companies for their employees. (It had in total.) Its digital subscriptions in mid-2012, and its digital revenue of its overall revenue in early 2014 — the highest percentage of any U.K. newspaper. Of that digital revenue, about . In 2013, the paper as part of a shift toward digital-only publication.

The FT covers international business and financial news and is , and has launched a . In 2013, its subscribers included who accessed the paper through business licenses. It has been considered one of the .

The paper’s holding company, the Financial Times Group, has been , though its revenues have been by the success of the Economist. The paper had  as of 2014.

The FT in 2014 that it would opt out of the U.K.’s new Independent Press Standards Organisation and instead create an independent ombudsman-like position called an editorial complaints commissioner.

, the FT has charged for its online content. The FT’s metered model, which it , is of paid news content online, with 47 percent of the Financial Times Group’s revenue and coming from subscriber fees than from print advertising. The metered model has for a wide range of newspaper paid-content strategies, most notably .

The FT charges between $5 and $7.50 per week for access to its website. , it has allowed a number of free articles per month without a subscription, though in 2010 for all visitors except those who arrive via search engines. In November 2012, it moved to , though users had to register to view them.

The FT introduced in 2010, part of a micropayment plan the paper had been planning since mid-2009. The FT has also introduced for-pay, high-end social networking services.

Gathering user data is a . As of 2013, the site had 5 million registered users and a data team of about 30.

In March 2011, the FT announced a web redesign, including using the print edition’s signature pink background and added blog and video content, in a . Two years later, it for production that included cuts of about 25 jobs.

In 2013, the FT called fastFT to provide breaking-news dispatches of 100 to 250 words on both a standalone site and the FT’s main site.

The FT released an in May 2010, which requires a web subscription after viewing 10 articles. The following year, the FT available in the Apple store, as a way to avoid being subject to Apple’s revenue restrictions for in-app subscriptions. It was from Apple’s App Store two months later. Its was the to use the web language HTML5. In April 2012, the FT announced that its web app had been used by , far more than had used the App Store version. By early 2013, mobile users accounted for 33% of its traffic and . Mobile advertising accounted for in 2013 as well.

In 2010, the FT announced plans for a  with the social location application  as part of an effort to reach younger readers.

The FT also publishes a lifestyle magazine called and for the magazine in 2009.

Video: Stephen Pinches of FT.com on online video strategy

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Primary author: Mark Coddington. Main text last updated: July 31, 2014.
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