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digital content,The Financial Times, owned by British publishing company Pearson, joins other publications such asThe Wall Street JournalandThe New Converse All Star High Tops Leather

Since becoming editor in 2006, Mr Barber has overseen an increased push into online publishing, including the creation of a pay wall for the newspaper's website.

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The Financial Timesis the next paper moving towards the digital future with editor, Lionel Barber announcing the masthead will produce a single, global daily newspaper, instead of regional editions.

The message also hinted at redundancies down the track with Mr Barber explaining in the message that employees would have to make "informed choices about their careers". In January, the newspaper said it was cutting its journalist staff by 25 positions.

"This is no time to stand still," Mr Barber said. "The competitive pressures on our business to adapt to an environment where we are increasingly being read on the desktop, smartphone and tablet remain as strong as ever."

on the web rather than old print deadlines," Barber said in the announcement to staff. "This will require a change in mindset for editors and reporters, but it is absolutely the right way forward in the digital age."

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York Timesin aiming to expand their online reach in the face of increased competition from digital only rivals and social media outlets such as Twitter and Facebook.

In the note to employees, Mr Barber saidThe FThad about 100,000 more digital subscriptions than print ones, adding that the publication had to adapt to readers changing habits to remain relevant. Average daily print subscribers totalled 236,281 in August, a 15 per cent drop from the year earlier month, according to the Audit Bureau of Circulations.

FT to shift focus to digital

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Posted on Friday, July 13, 2007 at 06:40PM by Registered CommenterJhidekim in | CommentsPost a Comment | EmailEmail
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