---
title: "Financial Times records record readership"
publisher: "Stockmark.IT"
author: "Stockmark.IT Website"
published: "2024-10-11T05:08:03+00:00"
modified: "2024-10-11T05:08:03+00:00"
date: 2024-10-11
canonical: "https://stockmark.it/financial-times-records-record-readership/"
category: "Economy"
categories: ["Economy"]
image: "https://i0.wp.com/stockmark.it/wp-content/uploads/stencil.share-talk-2024-04-12T042248.286.jpg?fit=1200%2C800&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Financial Times records record readership

**Published:** October 11, 2024
**Author:** Stockmark.IT Website
**Categories:** Economy
**Featured image:** ![High-speed printing press in action, printing newspapers. from Stockmark.it](https://i0.wp.com/stockmark.it/wp-content/uploads/stencil.share-talk-2024-04-12T042248.286.jpg?fit=1200%2C800&quality=89&ssl=1)

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The Financial Times reported a record number of paying readers at 1.4 million, although profits dropped sharply because of higher costs.

Business publication reported that the pre-tax profit for the year ended December 2012 was £3.9m, compared to £6.8m the previous year. The revenue rose by 5 percent to £443.9million, while digital content revenues increased by 7 percent to £206.8million, and advertising revenues grew by 1.3 percentage points to £151.6million. The group’s event revenue increased by 11 percent to £34.2 millions.

The Financial Times, a newspaper and website that covers corporate news, world affairs and other topics, is most well-known. However, the group owns several trade publications, including Investors’ Chronicle, The Banker and also uses its brand for conferences and events. Nikkei, the Japanese publisher that bought Pearson’s publication for £844million in 2015, now owns the news outlet.

Digital subscriptions grew 17 percent to nearly 1.3 million. This was largely due to an increase of 23 percent in corporate subscribers. The print volume was down 7 percent to 125 633.

In the UK, revenues rose 4 percent to £186.98 millions. Revenues in Europe grew 2 percent to £98.3million. In the US, revenue rose by 6 per cent.

In its annual report, the newspaper group stated that “continued inflationary costs pressures” would continue to make the economic climate “challenging”.

The company said: “However we expect that our strong digital subscription models will drive further growth, continue to see buoyancy within the advertising sector, and return to more live events.”

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