Some 'Leftists' are fond of reading the FT as they feel it is rather more honest about capitalism and what business really thinks than, say, the Daily Telegraph. Same with The Economist. That's because they have to be.
FT readers are not concerned with scaremongering about asylum seekers, gay marriage, political correctness, Muslims, benefit scroungers, bent bananas, etc.
They leave that sort of thing to the papers which provide entertainment and distraction for those who don't happen to own and manage large chunks of the country's economy.
In that context, the criticisms of the Pink 'un being, er, pinko, are nearly always put across by far right-wingers, often ones who've spent too much time imbibing American wingnut values than is good for them, who simply can't understand why a pro-capitalist publication can't also indulge in the dreary and largely fictitious propaganda that the right-wing papers must publish for the true believers.
In the case of the fragrant Kelvin Mackenzie, who is fond of spouting this line about the FT, he's simply spent too much time under the ideological influence of Rupert Murdoch. He just doesn't get why a paper like the Financial Times can't be Der Sturmer as well.
The answer as to why this should be is simple. If the Sun or Telegraph reports incorrectly, whether from sloppiness or mendaciousness, it doesn't really matter. If the FT does so, there may well be large amounts of money riding on it.
It appears that the rich in GB don't have a yen for tradition or proud British ownership, just the annual envelopes falling through the post box with this yearS dividends. They don't want to manage and develop old companies and new, just sit there with their hands wide open ready to receive. Even the tyrannical mill owners of yore with their slavery type approach to their workforce had a greater sense of pstriotism and more loyalty to nation than the current couch potatoes. I have no reason to believe that the Japanese won't be very honourable and conscientious proprietors, a damned sight more than some we all know, but that isn't the point. Once again we see a formidable piece of British history and commercial enterprise sold offshore, like the profligate son inheriting then selling off all the family heirlooms so he can once again go gambling at the casino with his good for nothing friends. Happens in most every family, as in ours three generations back. The eldest son gambled away the large family business and then ran off to Canada flat broke and in disgrace. Shame it's now happened tu our entire country, only nowadays they don't call it shameful profligacy and incompetence, but globalisation.
So good luck to the FT staff and their new Japanese owners. Not your fault. it's the state of our nation right now. The profligate and idle sons of those who created our great manufacturing and traditional companies have inherited and are now in charge, ready to cut and run soon, probably to the States, leaving us all behind with a great gaping hole where our national pride used to be.
I beg to differ - it might be top of its class, but it does not fight just for the rights of the elite. You should try reading it - you might learn something.
God is on the SIDE of Murdoch? You must be one of his sons or his house servant. Next time you would say "God was on the side of Hitler, because he nearly destroyed Europe and killed 6m Jews and thousands of Roma." U're not very bright, isn't it?
The press club system is the biggest factor for not seeing independent journalists in Japan doing good journalism, but it is not the only reason for not seeing anything negative of Japan. Digital media does not need to be a member of the press club, yet they are often far more right wing than even the press media. My challenge applies for all media in Japan - digital or not digital. You simply cannot find a single article in a Japanese media, written by a Japanese person in Japanese that is critical of Japan, it is extremely rare that you will find even a single Japanese individual critical of Japan. It's like a cult, you will rarely find a member of the same cult talking bad or pointing anything negative of his cult. The best you can find would be a seemingly negative of Japan tittle or a tittle that has the potential to be negative of Japan, and then up until the middle of the article it becomes clear that it's not really Japan's fault. One of the best Japanese news media would be TheJapanTimes, predictably it is only written in English and there is no Japanese version even though it is based in Japan. Obviously the reason for that is because if they publish it in Japanese, they will find a large group of demonstrators aka right wing lunatics in front of their offices the next day demanding deportation of all their staff back to a particular country because they are anti-Japanese, just like they did with Fuji TV. By the way, i watched some of their claims during the Fuji TV protests, i watched only some because i lost too much brain cells i couldn't continue, some of their claims was that Fuji TV shows the weather forecast for Korea. Why would they wanna do that? This is Japan not Korea, obviously they are anti-Japanese Koreans, there cannot be any other explanation. Trying to engage in conversation with these people is like trying to communicate with a humanoid ape, literally. It is just not possible, you often wonder are these people really humans? Anyway, sad day for FT indeed.
Well I clearly rate the FT over the Guardian however it does not mean that the Guardian couldn't be improved or monetized ....as I said the readership is huge. It is a management problem. Not sure that knocking it for petty reasons is very constructive or adult.
No i don't. Why don't you tell me what is it? And instead of trying to insult me and then get away with it, why don't you try and prove me wrong? Is it because you can't?
Fallon has made a serious error by casting off the FT. He is ignoring the FT's halo effect upon the rest of the company, i.e. a large part as to why Pearson has been successful in the educational markets has been because it has promooted itself as owning the FT and with the FT being a very respected brand, customers have taken the bait. Now that link is broken and the rest of the group will suffer.
Lol don't be ridiculous. In general speaking terms, people say "exponentially" when they mean "a lot". Are you telling me that you have never used the term without calculating e^x?
I think my comment was a little confusing for which I apologize.
The first sentence relates to the fact that the economist has no bylines.
The second, relates to the fact that the EIU, in the early part of the 2000s, was going to enter into a contract with DARPA.
Given the fact that the EIU provides content to the Economist and given the fact that the magazine supported the Iraq war (for economic reasons), I, personally, found that disturbing...
Get ready for the pro-Olympics, pro-militarisation, pro-Senkaku Island claims, pro-Abenomics and generally pro-Japan articles.
Sorry to be so cynical, and this is not a Japan-bashing piece, but the one thing that the Japanese ruling elite worries about is perceptions of the country from abroad - the US and Europe in particular. As if somehow, receiving political and media praise from the "west" validates Japan's standing in the world.
Also, it will be interesting to see whether the Nikkei acquisition has any bearing on the State Secrets Bill passed late last year.
One to now watch is John Ridding. On one hand, he has substantial Asian experience (both as a correspondent, and as Head of the FT Asian operations before becoming FT Group's CEO), so for NIkkei, he is a good fit. One the other hand, he is great buddies with a certain ex-FT employee - Mr Robert Thomson of News Corp - a relationship which has lasted many years. The "hands off" agreement which has been in operation since Ridding was made FT CEO, may be over... The Digger may well be backing the Securicor truck over Mr Ridding's delicate foot at this very moment...
But it's free. The FT 's website is less fun and costs me quite a lot. But I'd give up the Guardian first, because what I want and need is international news and analysis. Not a popular, free-to-view, website which exists because it might, eventually, sell me a pair of sandals. It's not a newspaper.
It's well known that the Japanese media is run on a press club system. Journalists are given access to press conferences and media statements if they are a member of the press club. If they don't stay in line, if they write anything critical of the government, politicians or anyone connected, they are kicked out the press club and their career will be more or less over.
Newspapers in Japan are little more than mouth pieces of the government and you can tell by reading them. There is not just a lack of any governmental scrutiny but a lack of any in depth pieces about Japan's involvement in WWII and issues that really need debate like sexism, homosexuality taboo, child abuse rates, foreign sex workers in Japan, the Yakuza, lack of social welfare etc etc. Quite how the Nikkei will reconcile this SOP with the FT is hard to fathom.
This got me concerned. Saying that Pearson wants to concentrate on its "far larger educational publishing business in the US". I, and some others (more than 4) are a little concerned about the status of - read, content of - U.S. textbooks.
Would be great to see some reporting on this aspect of Pearson´s new expansion.
Is that all you come up with dear 'diplomat'? When there is no real content from your side it goes about spelling isn't it? Please don't project your own shortcomings when it comes to 'hate' ...referring to obvious inferiority complexes when I was dealing with mainland Chinese has nothing to do with hate but with an observation..the common Chinese opinion about the Japanese is merely based on inherited kitchen table chats and gives a blurred vision as one can notice here :) Hate by the way is a waste of time and it says more about yourself than about 'them'.
Just a small correction, ''if someone posts anti Japanese comment'' is rather ''if someone posts anything negative or something that could be potentially perceived as negative or critical of Japan, he is instantly categorized as an anti-Japanese enemy of the state.
Summary: "Yeah, we can't figure out how to do mobile. We're a global, respected brand, but we're stodgy. We'd rather throw in the towel than figure out this interwebs thing."
I totally agree with you. The Japanese are the masters of appearing humble when the reality is that they are far from it. I had a few dealings with Japanese diplomats a little while ago. I agree with all your comments on this thread. Sadly those commenting in favour of this are probably unaware of the true nature of the Japanese psyche.
I have also noticed that every time there is an article on Japan in the Guardian and if someone posts an anti Japanese comment, then they are pounced on by a few other commentators ( possibly Japanese). A sign of things to come. A sad end for the FT.
The Independent, of course, fetched the price it was worth in the market -- i.e. the best price a buyer was willing to pay. The Independent isn't distinctive, has no unique proposition, and its content is a commodity. That's not my verdict. It's the market's.
Don't ridiculize yourself more than you already did..you sound like a CCP run answering robot..you're like the figure in your avatar ..gated in the past..your hatred against the Japanese is probably based on the inferiority complexes which are common in the Middle Kingdom
The Guardian is a minor paper in the UK and insignificant in the world. It is not a reliable source of news nor impartial analysis. It exists to feed those of a political persuasion with articles that confirm their views. Which is fine, but which is easily replicated (it's not like the Guardian has a large network of international reporters, it increasingly relies on freelancers).
CiF is very successful in terms of clicks. Charge £250pa for access. Then we'll see who has something to monetize.
I'm sorry but it unlikely happen. Because In 2010, the Nikkei also introduced metered paywall which limits 20 articles a month and from last year, they reduced it as 10. They has 430,000 digital subscribers(not include over 2m paper subscribers).
It would have to be idealogical. Certainly not financial.
The Guardian has a massive online readership. It is just that the management haven't got a clue how to monetize it without antagonizing people. Creativity and breaking the mould it not a big thing in The Guardian - too safe and establishment.
(Only 1 Recommend on that lengthy essay written by someone who has just stepped off the year 1865..... )
Welcome to 2015. Your 150 year journey in a time machine is not wasted. When you return, you can take a souvenir with you, a Guardian app news website! What is app? It's an updated form of a steam engine, basically, but one which is entirely non-mechanical. They tend to be funded by anti-statist anti-capitalist anti-establismentarians, so what more perfect souvenir of modern industry for you to take back and contemplate, while you read Darwin over and over and over again in the dark, rather than go out and see the birds and the bes.
Financial Times sold to Japanese media group Nikkei for £844m
Comments
SONY IS a Japanese company founded by Mr Morita and Ibuka.
Some 'Leftists' are fond of reading the FT as they feel it is rather more honest about capitalism and what business really thinks than, say, the Daily Telegraph. Same with The Economist. That's because they have to be.
FT readers are not concerned with scaremongering about asylum seekers, gay marriage, political correctness, Muslims, benefit scroungers, bent bananas, etc.
They leave that sort of thing to the papers which provide entertainment and distraction for those who don't happen to own and manage large chunks of the country's economy.
In that context, the criticisms of the Pink 'un being, er, pinko, are nearly always put across by far right-wingers, often ones who've spent too much time imbibing American wingnut values than is good for them, who simply can't understand why a pro-capitalist publication can't also indulge in the dreary and largely fictitious propaganda that the right-wing papers must publish for the true believers.
In the case of the fragrant Kelvin Mackenzie, who is fond of spouting this line about the FT, he's simply spent too much time under the ideological influence of Rupert Murdoch.
He just doesn't get why a paper like the Financial Times can't be Der Sturmer as well.
The answer as to why this should be is simple. If the Sun or Telegraph reports incorrectly, whether from sloppiness or mendaciousness, it doesn't really matter. If the FT does so, there may well be large amounts of money riding on it.
like the UK, they've got plenty of debt.
It appears that the rich in GB don't have a yen for tradition or proud British ownership, just the annual envelopes falling through the post box with this yearS dividends. They don't want to manage and develop old companies and new, just sit there with their hands wide open ready to receive. Even the tyrannical mill owners of yore with their slavery type approach to their workforce had a greater sense of pstriotism and more loyalty to nation than the current couch potatoes.
I have no reason to believe that the Japanese won't be very honourable and conscientious proprietors, a damned sight more than some we all know, but that isn't the point. Once again we see a formidable piece of British history and commercial enterprise sold offshore, like the profligate son inheriting then selling off all the family heirlooms so he can once again go gambling at the casino with his good for nothing friends. Happens in most every family, as in ours three generations back. The eldest son gambled away the large family business and then ran off to Canada flat broke and in disgrace. Shame it's now happened tu our entire country, only nowadays they don't call it shameful profligacy and incompetence, but globalisation.
So good luck to the FT staff and their new Japanese owners. Not your fault. it's the state of our nation right now. The profligate and idle sons of those who created our great manufacturing and traditional companies have inherited and are now in charge, ready to cut and run soon, probably to the States, leaving us all behind with a great gaping hole where our national pride used to be.
I beg to differ - it might be top of its class, but it does not fight just for the rights of the elite. You should try reading it - you might learn something.
Then hopefully he's mightily pissed off today.
NateB202 would you work for all of us for free?
God is on the SIDE of Murdoch? You must be one of his sons or his house servant. Next time you would say "God was on the side of Hitler, because he nearly destroyed Europe and killed 6m Jews and thousands of Roma." U're not very bright, isn't it?
The press club system is the biggest factor for not seeing independent journalists in Japan doing good journalism, but it is not the only reason for not seeing anything negative of Japan. Digital media does not need to be a member of the press club, yet they are often far more right wing than even the press media. My challenge applies for all media in Japan - digital or not digital. You simply cannot find a single article in a Japanese media, written by a Japanese person in Japanese that is critical of Japan, it is extremely rare that you will find even a single Japanese individual critical of Japan. It's like a cult, you will rarely find a member of the same cult talking bad or pointing anything negative of his cult. The best you can find would be a seemingly negative of Japan tittle or a tittle that has the potential to be negative of Japan, and then up until the middle of the article it becomes clear that it's not really Japan's fault. One of the best Japanese news media would be TheJapanTimes, predictably it is only written in English and there is no Japanese version even though it is based in Japan. Obviously the reason for that is because if they publish it in Japanese, they will find a large group of demonstrators aka right wing lunatics in front of their offices the next day demanding deportation of all their staff back to a particular country because they are anti-Japanese, just like they did with Fuji TV. By the way, i watched some of their claims during the Fuji TV protests, i watched only some because i lost too much brain cells i couldn't continue, some of their claims was that Fuji TV shows the weather forecast for Korea. Why would they wanna do that? This is Japan not Korea, obviously they are anti-Japanese Koreans, there cannot be any other explanation. Trying to engage in conversation with these people is like trying to communicate with a humanoid ape, literally. It is just not possible, you often wonder are these people really humans? Anyway, sad day for FT indeed.
Well I clearly rate the FT over the Guardian however it does not mean that the Guardian couldn't be improved or monetized ....as I said the readership is huge. It is a management problem. Not sure that knocking it for petty reasons is very constructive or adult.
No i don't. Why don't you tell me what is it? And instead of trying to insult me and then get away with it, why don't you try and prove me wrong? Is it because you can't?
Fallon has made a serious error by casting off the FT. He is ignoring the FT's halo effect upon the rest of the company, i.e. a large part as to why Pearson has been successful in the educational markets has been because it has promooted itself as owning the FT and with the FT being a very respected brand, customers have taken the bait. Now that link is broken and the rest of the group will suffer.
Lol don't be ridiculous. In general speaking terms, people say "exponentially" when they mean "a lot". Are you telling me that you have never used the term without calculating e^x?
To be a mainstream journalist you have to self censor to such a degree that all they come up with is dribble.
Good riddance to the FT, it is the peak of elitism, they even charge to read their words online.
Another set of people off the Pearson Payroll. The phrase "last man standing" springs to mind. Not sure what Dame Majorie thinks of this.
I think my comment was a little confusing for which I apologize.
The first sentence relates to the fact that the economist has no bylines.
The second, relates to the fact that the EIU, in the early part of the 2000s, was going to enter into a contract with DARPA.
Given the fact that the EIU provides content to the Economist and given the fact that the magazine supported the Iraq war (for economic reasons), I, personally, found that disturbing...
Get ready for the pro-Olympics, pro-militarisation, pro-Senkaku Island claims, pro-Abenomics and generally pro-Japan articles.
Sorry to be so cynical, and this is not a Japan-bashing piece, but the one thing that the Japanese ruling elite worries about is perceptions of the country from abroad - the US and Europe in particular. As if somehow, receiving political and media praise from the "west" validates Japan's standing in the world.
Also, it will be interesting to see whether the Nikkei acquisition has any bearing on the State Secrets Bill passed late last year.
Aw. All that effort for two recommends.
One to now watch is John Ridding. On one hand, he has substantial Asian experience (both as a correspondent, and as Head of the FT Asian operations before becoming FT Group's CEO), so for NIkkei, he is a good fit.
One the other hand, he is great buddies with a certain ex-FT employee - Mr Robert Thomson of News Corp - a relationship which has lasted many years. The "hands off" agreement which has been in operation since Ridding was made FT CEO, may be over... The Digger may well be backing the Securicor truck over Mr Ridding's delicate foot at this very moment...
It's a great website. I really enjoy it.
But it's free. The FT 's website is less fun and costs me quite a lot. But I'd give up the Guardian first, because what I want and need is international news and analysis. Not a popular, free-to-view, website which exists because it might, eventually, sell me a pair of sandals. It's not a newspaper.
Roy Greenslate came on in comments to say that he was dead wrong. Quite a bit more class than you're showing.
It's well known that the Japanese media is run on a press club system. Journalists are given access to press conferences and media statements if they are a member of the press club. If they don't stay in line, if they write anything critical of the government, politicians or anyone connected, they are kicked out the press club and their career will be more or less over.
Newspapers in Japan are little more than mouth pieces of the government and you can tell by reading them. There is not just a lack of any governmental scrutiny but a lack of any in depth pieces about Japan's involvement in WWII and issues that really need debate like sexism, homosexuality taboo, child abuse rates, foreign sex workers in Japan, the Yakuza, lack of social welfare etc etc. Quite how the Nikkei will reconcile this SOP with the FT is hard to fathom.
You should pay - both the FT & Economist have fantastic coverage and are good examples of how you can make journalism on the internet work
I am Japanese and so surprised by this news. I wish FT journalists teach Nikkei guys how to write proper articles to the world.
I love the prescience of Greenslade on this matter: http://www.theguardian.com/media/greenslade/2015/jul/20/pearson-to-sell-the-financial-times-i-really-dont-think-so
This got me concerned. Saying that Pearson wants to concentrate on its "far larger educational publishing business in the US". I, and some others (more than 4) are a little concerned about the status of - read, content of - U.S. textbooks.
Would be great to see some reporting on this aspect of Pearson´s new expansion.
What´s up, doc?
I had been rather hoping that the Durham Miners' Association would buy the Financial Times. That would have kept it British.
Japan,with a stagnant economy,buys everything.We get broken-down indeed.
You still don't see the silliness of your 'offer' isn't it? :)
Is that all you come up with dear 'diplomat'? When there is no real content from your side it goes about spelling isn't it?
Please don't project your own shortcomings when it comes to 'hate' ...referring to obvious inferiority complexes when I was dealing with mainland Chinese has nothing to do with hate but with an observation..the common Chinese opinion about the Japanese is merely based on inherited kitchen table chats and gives a blurred vision as one can notice here :)
Hate by the way is a waste of time and it says more about yourself than about 'them'.
Just a small correction, ''if someone posts anti Japanese comment'' is rather ''if someone posts anything negative or something that could be potentially perceived as negative or critical of Japan, he is instantly categorized as an anti-Japanese enemy of the state.
No doubt your hate filled arrogant comment and poor spelling is symptomatic of the Sushi Kingdom.
So you forfeit? Also, your prejudice is noted.
Summary: "Yeah, we can't figure out how to do mobile. We're a global, respected brand, but we're stodgy. We'd rather throw in the towel than figure out this interwebs thing."
If you need to give it away, it's probably not worth reading.
I totally agree with you. The Japanese are the masters of appearing humble when the reality is that they are far from it. I had a few dealings with Japanese diplomats a little while ago. I agree with all your comments on this thread. Sadly those commenting in favour of this are probably unaware of the true nature of the Japanese psyche.
I have also noticed that every time there is an article on Japan in the Guardian and if someone posts an anti Japanese comment, then they are pounced on by a few other commentators ( possibly Japanese). A sign of things to come. A sad end for the FT.
The Independent, of course, fetched the price it was worth in the market -- i.e. the best price a buyer was willing to pay. The Independent isn't distinctive, has no unique proposition, and its content is a commodity. That's not my verdict. It's the market's.
Don't ridiculize yourself more than you already did..you sound like a CCP run answering robot..you're like the figure in your avatar ..gated in the past..your hatred against the Japanese is probably based on the inferiority complexes which are common in the Middle Kingdom
There's nothing to monetize.
The Guardian is a minor paper in the UK and insignificant in the world. It is not a reliable source of news nor impartial analysis. It exists to feed those of a political persuasion with articles that confirm their views. Which is fine, but which is easily replicated (it's not like the Guardian has a large network of international reporters, it increasingly relies on freelancers).
CiF is very successful in terms of clicks. Charge £250pa for access. Then we'll see who has something to monetize.
I'm sorry but it unlikely happen. Because In 2010, the Nikkei also introduced metered paywall which limits 20 articles a month and from last year, they reduced it as 10. They has 430,000 digital subscribers(not include over 2m paper subscribers).
Does this mean they will remove the paywall? I wish FT had audio option similar to The Economist's.
Great insight. I couldn't agree more.
It will stay close to The City. At least in crawling range to the early morning opening Borough Market pubs :D
(Only 1 Recommend on that lengthy essay written by someone who has just stepped off the year 1865..... )
Welcome to 2015. Your 150 year journey in a time machine is not wasted. When you return, you can take a souvenir with you, a Guardian app news website! What is app? It's an updated form of a steam engine, basically, but one which is entirely non-mechanical. They tend to be funded by anti-statist anti-capitalist anti-establismentarians, so what more perfect souvenir of modern industry for you to take back and contemplate, while you read Darwin over and over and over again in the dark, rather than go out and see the birds and the bes.
Bye now!
The FT is one of the few papers that actually make money. People pay for quality.
FT is very profitable unlike almost all other newspapers
Who actually 'buy' the ft now?
Online and nowhere else, because they've got a great product. Though I'm an ft subscriber, I definitely spend more time on this rag.
I'm not tough. I just will not pay (as I am now) for an FT that does not deliver.
Simple.