The introduction of tablets and smart phones has driven extraordinary growth in digital news consumption. According to Robert Grimshaw, Managing Director of the the FT.com, approximately forty-five percent of digital news is now consumed via mobile devices.
Coupled with the growth in consumption has been the interest in advertisers around advertising on the mobile platforms, which was nearly non-existent just one year ago, he said in this interview with Beet.TV
We spoke with Grimshaw in Manhattan on Thursday at the paidContent2011 conference where he was a panelist.
He speaks to the success of the online subscription for the Financial Times, which is now at around 200,000, has reached half of the worldwide print circulation of 400,000. He said that growth of digital subscriptions has risen by fifty percent in 2010.
He also speaks about the profitability of the the paper's online video efforts.
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