FT ad revenue growing again

Pearson, the publishing group that owns the Financial Times, has reported a 7 percent increase in revenues in the first quarter, helped by “volatile” but growing ad revenue at its newspaper operation. Pearson, which owns Penguin books and a share of the Economist and is a major education publisher, said that revenues were up 12 percent on a constant currency basis to GBP 1.08bn. FT Publishing, the division that owns the Financial Times, has seen strong demand for subscriptions in print and online and “return to growth” in advertising revenues contribute to a “good first quarter”. Like pretty much all media owners, Pearson suffered “sharp declines” in ad revenues in 2009. Pearson said that all parts of the company had made a “good start” to 2010 with trading in line with expectations and an expectation of underlying profit growth this year

http://www.guardian.co.uk/media/2010/apr/30/ft-ad-revenue-growing-again

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One thought on “FT ad revenue growing again

  1. Pingback: Tweets that mention FT ad revenue growing again « Steve Virgin's Blog -- Topsy.com

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