VITAMEDIAS
FT plans Asian edition as website breaks even
FT.com will break even by the end of the year [...]
In June, part of FT.com became subscription-based and there are now well over 20,000 subscribers. “We are on target to break even with FT.com in the fourth quarter,” [editor Andrew Gowers] said. “We have refined the way we use the newspaper and the dot.com complementarily and we created a completely integrated operation here as of the last few weeks. The news editor and his colleagues are now responsible for what happens in news online and in print.
“The newspaper is infinitely richer for being accompanied by this infinite medium.”