Pearson’s outgoing Chairman Dennis Stevenson has laid any doubts to rest: the company isn’t considering selling its flagship Financial Times newspaper, although it is “very, very concerned” over U.K. sales.
The chairman also said: “The fact is the FT’s circulation always suffers in recession. However the FT’s circulation in the U.K. has gone down further than you would expect — it has happened at a time when 80,000 people are looking at FT.com and paying to do so.”
Would love to hear him elaborate on that comment…
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