TOKYO -- The announcement of the acquisition of Financial Times Group by Nikkei Inc. of Japan from Pearson of the U.K. took the world media industry by surprise in July. Japanese media companies, including Nikkei, have little experience in running international news media, preferring to stay within the Japanese domestic market protected by language barriers. How do FT managers and employees feel about having one of them as their parent company?
FT Chief Executive John Ridding, during a recent visit to Tokyo, spoke on Aug. 26 with Nikkei reporters about his understanding of the new foreign ownership and the future of the respected newspaper company, as well as the news industry as a whole.
