|
|
Article: Media: No FT sale? No comment The Wall Street Journal asks if the Financial Times is for sale. No way, says the FT's Marjorie Scardino. But, says David Lister, the pink one's rival could be poised to pounce
- Article from:
- The Independent (London, England)
- Article date:
- March 12, 2002
- Author:
CopyrightCopyright 2002 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
|
A curious article appeared in The Wall Street Journal last week.
The piece was ostensibly a report of the full-year results
announcement by Pearson, parent company of the Financial Times. The
headline was hardly hold-the-front-page stuff: "Pearson grows in
education but maintains its hold on FT." The strap, "Paper, now a
smaller part of business, is still crucial to strategy", endorsed the
headline. Readers in the City of London happy to see from both
headline and strap that their daily pinkun was safe in Pearson's
hands may not even have bothered to read on. But if they did, they
would have got a shock.
The intro to the story seemed to fly in the face of the headline
and strap above it. ...