The Financial Times is to institute path-breaking changes to the production of its printed newspaper that appear to be the penultimate step towards becoming a digital-only publication.
A lengthy memo sent yesterday afternoon to staff by the editor, Lionel Barber, stated that the pink paper plans “to launch a single edition, global print product in the first half of 2014.”
In effect, it means that the FT’s paper will no longer be a “news”paper. There will be only “minimal late evening changes”. Barber explains:
“The 1970s-style newspaper publishing process – making incremental changes to multiple editions through the night is dead. In future, our print product will derive from the web offering – not vice versa.”
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