The Financial Times And The Future Of Journalism

John Cassidy interviews John Ridding, the F.T.’s chief executive :

With my time almost up, I asked Ridding if he believed that the existential threat to serious journalism had now passed. “Well, I never believed in the existential threat to journalism,” he said. “I believed in some major challenges to the business model that supported journalism. But we were very confident—it was almost an instinctive belief within the F.T.—that quality journalism has a value, and that there is a business model … if you have the confidence to charge for it. Remember, when we did start charging online, we were regarded as sort of freakish, particularly in the U.S., particularly on the West Coast of the U.S. But we fundamentally believed that if it’s quality journalism, people will pay for it. That’s been vindicated.”

→ The New Yorker

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