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Pearson’s FT.com expands number of paying subscribers

Published on .

London—The Financial Times’ parent company, Pearson, said Tuesday in a trading update for the first nine months of this year that the FT Group is “performing in line with expectations and benefiting from their investments in innovative digital products and emerging markets.”

Despite difficult advertising conditions, Pearson said, the FT Group had a sales increase of 10% for the first three quarters compared with the same period last year. (At constant exchange rates, sales were down 3%). FT.com has an audience of 1.6 million registered users and more than 121,000 paying subscribers, which is up 22% on a year-over-year basis.

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