Posted on 11/21/2012 12:47:35 PM PST by Olog-hai
The Financial Times Deutschland newspaper is on the verge of filing for bankruptcy, endangering around 350 jobs, the paper announced on its homepage on Wednesday. …
The FTD’s official daily circulation is 102,000, though a significant proportion of that is reportedly given away in airports and railway stations. …
The FTD was launched in 2000 as an affiliate to the British Financial Times, but ownership passed into the hands of G+J, owned by Bertelsmann media group, in 2008. …
(Excerpt) Read more at thelocal.de ...
They have a lot of free dailies out there, the Metro and stuff. Must be rough competing for ad dollars.
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