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March 04, 2003

Shock, horror - a news web site makes money

The Financial Times in the UK sank 200 million pounds into their web site FT.com before it finally turned a profit. It has now gone into the black, while the newspaper, ironically, has gone into the red. The Guardian's Media section has the full story at http://media.guardian.co.uk/newmedia/story/0,7496,906630,00.html. Posted by journoz at March 4, 2003 09:54 AM
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