Financial Times' digital subscriptions outnumber print, half of revenue is now digital

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Issue Date: 
Jul 27 2012 - 12:20pm

From Issue:

Financial Times on a tabletDaily newspaper The Financial Times says its digital subscribers now outnumber those for print. Plus, the publication says half of all FT Group sales revenue is now digital. TechCrunch calls the news "a milestone reached as the world of old media continues its push in a digital direction." 

The Financial Times' digital subscriptions number 300,000 (up 31% year-over-year) while print subscriptions are at 299,000. The publication's overall sales are growing too, pushed by digital which is outpacing overall growth "by quite some way."

Mobile has also become "a significant part" of Financial Times' operation, with 25% of traffic to FT.com coming from mobile devices.

TechCrunch has more coverage here.

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