Why Nikkei Paid Top Money For The FT

The Financial Times is a rare media property: a global, long-established brand combined with a successful — although unfinished — digital transformation. Such uniqueness explains why Nikkei paid £844m ($1.3bn, €1.18m) for it.   It takes less than ten people to assemble the famous pink printed edition of the Financial Times. The “carbon-based” team recycles the editorial produced all day long by the 600 people newsroom – with some deadlines adjusted to fit the newspaper’s closing.