Media: Things are bad? Time to look at the big picture
A founder member of The Independent David Lister joined the paper in 1986 as Assistant Home Editor. He became the paper's arts correspondent in 1988 and is now Arts Editor and writes a column each Saturday. He is a Fellow of the Royal Society of Arts.
Tuesday 14 December 1999
The Financial Times recorded a 2.45 per cent increase, and an eye-catching 11.96 yearly increase. But sources within the Financial Times report that ft.com does not know its place. Reporters at the online service have been zooming in with story queries rather more rapidly than the daily paper itself, whose staff find puzzled chief executives saying they have already spoken to the Financial Times. Is this a warning of fights to come between print and online wings of the same organisation?
Elsewhere, The Express hovers precariously just above the psychologically important one million mark, with a year-on-year decrease of 4.86 per cent. The Sunday Express's 4.65 per cent decrease took it below a million.
There is speculation, strongly denied by Lord Hollick, United News and Media chief, that following the Carlton/ United marriage, The Express may be offloaded. Lord Hollick will not want that; but his shareholders will not want the figures to fall further, either.
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