FT Group revenue up 4 percent in 2012

by
FinancialTimes

The Financial Times Group, which operates the business newspaper, reported a 4 percent increase in revenue in 2012.

In addition, digital and services now account for 50 percent of FT Group revenues, up from 31 percent in 2008, according to data released Monday.

Content revenues comprised 61 percent of total revenues, up from 48 percent in 2008, while advertising accounted for 39 percent FT Group revenues, down from 52 percent in 2008.

The FT’s total paid circulation was more than 602,000 across print and online, modestly up on 2011, with digital subscriptions exceeding print circulation for the first time. Digital subscriptions increased 18 percent to almost 316,000.

Mobile devices now account for 30 percent of FT.com traffic and 15 percent of new subscriptions. FT Web App now has 3.5 million users.

The FT now has almost 2,800 direct corporate licenses, up 40 percent on 2011.

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