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==Ownership and related publications== [[File:Otemachi_Conference_Center.jpg|thumb|260x260px|The ''FT'' has been owned by [[Nikkei, Inc.|Nikkei]] since 2015; the Japanese holding company purchased the paper for [[Pound sterling|£]]844m ([[US$]]1.32 billion).]] On 23 July 2015, [[Nikkei, Inc.]] agreed to buy the Financial Times Group, a division of [[Pearson plc]] since 1957, for £844m (US$1.32 billion)<ref name="BBC20150723">{{cite web |title=Financial Times sold to Nikkei by Pearson for £844m |url=https://www.bbc.co.uk/news/business-33636321 |publisher=[[BBC News]] |date=23 July 2015 |access-date=21 June 2018 |archive-date=24 September 2018 |archive-url=https://web.archive.org/web/20180924170403/https://www.bbc.co.uk/news/business-33636321 |url-status=live }}</ref><ref name="Guardian20150724">{{cite web |last1=Plunkett |first1=John |last2=Martinson |first2=Jane |title=Financial Times sold to Japanese media group Nikkei for £844m |url=https://www.theguardian.com/media/2015/jul/23/financial-times-sale-pearson |website=The Guardian |date=24 July 2015 |access-date=12 August 2015 |archive-date=12 August 2015 |archive-url=https://web.archive.org/web/20150812114546/http://www.theguardian.com/media/2015/jul/23/financial-times-sale-pearson |url-status=live }}</ref> and the acquisition was completed on 30 November 2015.<ref name="Nikkei20151130">{{cite web |title=Nikkei completes acquisition of Financial Times |url=http://asia.nikkei.com/Business/Companies/Nikkei-completes-acquisition-of-Financial-Times |work=The Nikkei |date=30 November 2015 |access-date=1 December 2015 |archive-date=3 August 2016 |archive-url=https://web.archive.org/web/20160803141656/http://asia.nikkei.com/Business/Companies/Nikkei-completes-acquisition-of-Financial-Times |url-status=live }}</ref> Under the transaction agreement, Pearson retained the publishing rights to FT Press and licensed the trademark from Nikkei.<ref>{{cite web |title=Pearson FT Press {{!}} InformIT |url=https://www.informit.com/promotions/pearson-ft-press-141135 |access-date=8 March 2022 |website=InformIT |archive-date=4 March 2016 |archive-url=https://web.archive.org/web/20160304120635/http://www.ftpress.com/authors/author_bio.aspx?ISBN=9780130353337 |url-status=live }}</ref> Until August 2015 the FT group had a 50% shareholding in ''[[The Economist]]'', which was sold to the [[Agnelli family]] for £469 million.<ref>{{cite news |title=Pearson sells Economist Group stake |date=12 August 2015 |url=https://www.bbc.co.uk/news/business-33878566 |publisher=BBC News |access-date=12 August 2015 |archive-date=14 August 2015 |archive-url=https://web.archive.org/web/20150814024652/http://www.bbc.co.uk/news/business-33878566 |url-status=live }}</ref> Related publications include the ''Financial Times'', FT.com, FT Search Inc., the publishing imprint FT Press and numerous joint ventures. In November 2013 it agreed to sell [[Mergermarket]], an online intelligence reporting business, to the London private equity investor BC Partners.<ref>{{cite news |url=http://www.ft.com/cms/s/0/396ca876-58e9-11e3-a7cb-00144feabdc0.html |archive-url=https://ghostarchive.org/archive/20221210221227/https://www.ft.com/content/396ca876-58e9-11e3-a7cb-00144feabdc0 |archive-date=10 December 2022 |url-access=subscription |title=Pearson agrees to sell Mergermarket unit to BC Partners |work=Financial Times |date=29 November 2013 |access-date=16 December 2014 |url-status=live }}</ref> In addition, the FT Group has a unit called FT Specialist, which is a provider of specialist information on retail, personal and institutional finance segments. It publishes ''[[The Banker]]'', ''[[Money Management]]'' and ''FT Adviser'' (a publication targeted to the financial intermediary market),<ref name="aboutusftadviser">{{cite web|url=https://www.ftadviser.com/about-us/|title=About Us|work=FT Adviser|access-date=17 August 2024}}</ref> ''fDi Intelligence'' and ''Professional Wealth Management'' (PWM).<ref name="aboutus">{{cite web|url=http://aboutus.ft.com/corporate-information/ft-company|title=About Us|work=Financial Times|archive-url=https://web.archive.org/web/20110303050225/http://aboutus.ft.com/corporate-information/ft-company/|archive-date=3 March 2011|access-date=28 February 2011}}</ref> In 2023, FT Specialist acquired a majority stake in medical publisher Endpoints News.<ref>{{Cite web |url=https://www.reuters.com/article/endpoints-news-ma-financial-times/corrected-financial-times-acquires-majority-stake-in-medical-publication-endpoints-news-idINL4N3662SJ |title=CORRECTED-Financial Times acquires majority stake in medical publication Endpoints News |date=3 April 2023 |website=Reuters |access-date=14 August 2023 |archive-date=14 August 2023 |archive-url=https://web.archive.org/web/20230814155803/https://www.reuters.com/article/endpoints-news-ma-financial-times/corrected-financial-times-acquires-majority-stake-in-medical-publication-endpoints-news-idINL4N3662SJ |url-status=live }}</ref> The Financial Times Group announced the beta launch of newssift,<ref name="Newssift.com">{{cite web |url=http://www.newssift.com |title=Newssift.com |publisher=Newssift.com |access-date=15 January 2012 |archive-url=https://web.archive.org/web/20120128002729/http://www.newssift.com/ |archive-date=28 January 2012 }}</ref> part of FT Search, in March 2009. Newssift.com is a next-generation search tool for business professionals that indexes millions of articles from thousands of global business news sources, not just the ''FT''. The Financial Times Group acquired Money Media<ref>{{cite web |url=http://www.money-media.com/ |title=Money Media |access-date=6 September 2010 |archive-date=27 August 2010 |archive-url=https://web.archive.org/web/20100827045731/http://www.money-media.com/ |url-status=live }}</ref> (an [[online news]] and commentary site for the industry) and Exec-Appointments<ref>{{cite web |url=http://www.exec-appointments.com/ |title=Exec-Appointments |publisher=Exec-Appointments |access-date=6 September 2010 |archive-date=4 September 2010 |archive-url=https://web.archive.org/web/20100904194558/http://www.exec-appointments.com/ |url-status=live }}</ref> (an online recruitment specialist site for the executive jobs market). The FT Group once had a 13.85% stake in Business Standard Ltd of India, the publisher of the ''[[Business Standard]]''. It sold this stake in April 2008 and has entered into an agreement with [[Network 18]] to launch the ''Financial Times'' in India,<ref>[https://www.wsj.com/articles/SB120869687871229141?mod=2_1567_leftbox Pearson to start a Business Daily in Indian market] {{Webarchive|url=https://web.archive.org/web/20171018082402/https://www.wsj.com/articles/SB120869687871229141?mod=2_1567_leftbox |date=18 October 2017 }} ''The Wall Street Journal''</ref><ref>[http://www.paidcontent.co.uk/entry/419-ft-sells-stake-in-business-standard-in-india-to-launch-financial-daily-/ FT sells Stake in Business Standard] {{webarchive |url=https://web.archive.org/web/20080807170255/http://www.paidcontent.co.uk/entry/419-ft-sells-stake-in-business-standard-in-india-to-launch-financial-daily-/ |date=7 August 2008}} Paidcontent.co.uk</ref> though it is speculated that they may find it difficult to do so, as the brand 'Financial Times' in India is owned by [[The Times Group]],<ref>{{cite web |url=http://www.moneycontrol.com/india/news/advertisingmarketing/financialtimesft/financialtimeslookstopublishindia/market/stocks/article/243638 |title=Financial Times looks to publish in India |publisher=Moneycontrol.com |access-date=6 September 2010 |archive-date=15 January 2009 |archive-url=https://web.archive.org/web/20090115225003/http://www.moneycontrol.com/india/news/advertisingmarketing/financialtimesft/financialtimeslookstopublishindia/market/stocks/article/243638 |url-status=live }}</ref> the publisher of ''[[The Times of India]]'' and ''[[The Economic Times]]''. The group also publishes [[America's Intelligence Wire]], a daily general [[newswire]] service.<ref>Business and Company Resource Center, [[Gale (publisher)|Gale Cengage Learning]], 2009.</ref> The ''Financial Times''' Financial Publishing division (formerly FT Business) provides print and online content for retail, personal and institutional finance audiences. Examples of publications and services include: ''[[Investors Chronicle]]'', a personal finance magazine and website; "FT Money", a weekly personal finance supplement in "FT Weekend"; ''FT Wealth'', a magazine for the global high-net-worth community and FTfm, a weekly review of the global fund management industry, ''[[Money Management]]'' and ''FT Adviser''. The institutional segment includes: ''[[The Banker]]'', ''[[This Is Africa]]'', ''[[FDi magazine|fDi]]'' [[FDi magazine|''Intelligence'']] and ''Professional Wealth Management'' (PWM).<ref name="aboutus2">{{cite web|url = http://aboutus.ft.com/corporate-information/ft-company|title = About Us|work = Financial Times|access-date = 28 February 2011|archive-url = https://web.archive.org/web/20110303050225/http://aboutus.ft.com/corporate-information/ft-company/|archive-date = 3 March 2011|df = dmy-all}}</ref> Money-Media, a separate arm of Financial Publishing, delivers a range of digital information services for fund management professionals around the globe, including: Ignites, Ignites Europe, Ignites Asia, FundFire and BoardIQ. Financial Publishing includes publications (''[[Pensions Expert]]'' and ''Deutsche Pensions & Investmentnachrichten'') and events (''Investment Expert'') for the European pensions industry. The group also publishes MandateWire, a financial information company that provides sales and market intelligence for investment professionals in North America, Europe and Asia.<ref name="aboutus"/> FT Knowledge is an associated company which offers educational products and services. FT Knowledge has offered the "Introducing the City" course (which is a series of Wednesday night lectures and seminars, as well as weekend events) during each autumn and spring since 2000. FT Predict is an editorial service on forecasted economic events hosted by the ''Financial Times'' that allows users to buy and sell contracts based on future financial, political and news-driven events by spending fictional Financial Times Dollars (FT$). Based on the assumptions displayed in James Surowiecki's ''[[The Wisdom of Crowds]]'', this contest allows people to use forecasted economic events to observe future occurrences while competing for weekly and monthly prizes. The ''Financial Times'' also ran a business-related game called "In the Pink" (a phrase meaning "in good health", also a reference to the colour of the newspaper and to the phrase "in the red" meaning to be making a loss). Each player was put in the virtual role of Chief Executive and the goal was to have the highest [[Profit (accounting)|profit]] when the game closes. The winner of the game (the player who makes the highest profit) was to receive a real monetary prize of £10,000. The game ran from 1 May to 28 June 2006. In 2019, the ''Financial Times'' announced it was investing in ''Sifted'', a digital-only news site and newsletter covering European [[Startup company|startups]]. The ''Financial Times''' initial 25% stake was subsequently diluted to 14% due to later investments from others. This marked the start of a planned 7-year strategic relationship with Sifted.<ref>{{cite web |last1=Granger |first1=Jacob |title=Sifted launches a membership model inspired by the startups it reports on {{!}} Media news |url=https://www.journalism.co.uk/news/tech-news-website-sifted-launches-a-membership-inspired-by-the-startups-it-reports-on/s2/a796488/ |website=[[Journalism.co.uk]] |access-date=4 August 2023 |date=15 February 2021 |archive-date=31 December 2022 |archive-url=https://web.archive.org/web/20221231111454/https://www.journalism.co.uk/news/tech-news-website-sifted-launches-a-membership-inspired-by-the-startups-it-reports-on/s2/a796488/ |url-status=live }}</ref> <ref>{{cite web |last1=Kersley |first1=Andrew |title=FT-backed site for start-ups Sifted takes £4m for 25% stake two years after launch |url=https://pressgazette.co.uk/news/sifted-financial-times-raises-four-million/ |website=Press Gazette |access-date=4 August 2023 |date=22 November 2021 |archive-date=29 March 2023 |archive-url=https://web.archive.org/web/20230329075730/https://pressgazette.co.uk/news/sifted-financial-times-raises-four-million/ |url-status=live }}</ref>
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