Following the announcement that Pearson will sell Financial Times to Japanese business media company Nikkei for $1.3 billion, Felix Salmon says Nikkei could be an even better owner for FT than Pearson was. Salmon defines the ideal owner for a “prestigious” newspaper as someone who that respects editorial independence, with a long-term plan, and who is a news organization — all things that are true of Nikkei. Salmon says: “While Pearson’s main contribution to The Financial Times was its neglectful hands-off attitude with respect to the news operation, The Financial Times now has the opportunity to export its own aggressive approach to business stories, especially in Japan, to an owner that has historically been more deferential toward big business.”
+ Nikkei promises to respect Financial Times’ editorial independence (Financial Times) and Ken Doctor examines why Nikkei purchased FT: FT and Nikkei can tackle growth in Asia together, and Nikkei has a long to learn in the “analytics-centered digital transformation” (Nieman Lab)
The post Felix Salmon: Nikkei could be a better owner than Pearson for Financial Times appeared first on American Press Institute.
from American Press Institute http://ift.tt/1IqWqb9
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