FT publisher Pearson (NYSE: PSO) has acquired Money-Media, an online news source for the money management industry. Terms of the deal were not disclosed, although the announcement states that NYC-based Money-Media had revenue of $16 million in 2007. Money-Media CEO Michael D. Griffin had been the sole voting shareholder. Through its online titles, Ignites, Fundfire, BoardIQ, Agenda and ODX, Money-Media will help Pearson expand FT’s appeal to the asset management industry. Specifically, its content will be used in conjunction with the US launch of FTfm, a fund management supplement to the paper. Release.
This venerable New York-based newspaper has provided its readers news in a balanced and objective fashion for the last 170 years. As…Read More
VP of Research Jon Collins speaks with the brilliant Saahil Panikar about digital transformation in the COVID climate, and how to apply…Read More
The fundamental underpinning of an organization is its transactions. It must do them well, with integrity and performance. Not only has transaction…Read More
The business world is in a constant state of change. It’s moving faster than ever with more elaborate legal and compliance requirements…Read More
The world has changed. Almost overnight, the COVID-19 pandemic forced millions of workers worldwide out of their offices and into their dining…Read More