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Financial Times Deutschland folds as losses mount | Business News | DW.DE | 23.11.2012

German business daily Financial Times Deutschland (FTD) has said it will publish its last edition on December 7. Modeled on its popular British namesake, FTD shook up the German print market, but has never made a profit.

FTD owners Gruner + Jahr (G+J) said the closure of the Financial Times Deutschland daily newspaper was part of an effort to limit losses in the publisher's business section, which would also included selling off business magazines "Impulse" and "Börse Online."

In addition, the flagship magazine "Capital" would be continued with less staff, G+J's executive board member Julia Jäkel told a news conference Friday.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Nov 23rd, 2012 at 03:32:22 PM EST
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