2019.04.01 FT tops one million paying readers
1 April 2019: The Financial Times today reached a record paying readership of one million, an all-time high and a key strategic goal.
The milestone, reached one year ahead of schedule, comes on the back of a strong business performance, with both operating profits and revenues growing last year.
In a staff note to mark the occasion, FT CEO John Ridding said: "We have reached this record by developing a winning strategy, shared and supported by our owners Nikkei, who themselves now count more than 650,000 digital subscribers. By pioneering a subscription model and investing in digital transformation, we have proved that quality journalism can be a quality, growth business. We have also shown the enduring value of independent, authoritative and reliable reporting and analysis in a time of fake news, sensationalism and polarisation in media."