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FT offers fee exemptions for corporates.
Byline: Kim Thomas
FT offers fee exemptions for corporates
Kim Thomas
Ahead of its introduction of direct subscription for corporate customers in April 2008, The Financial Times (FT) has announced a bridging agreement to smooth the transition for those customers locked into deals with third-party news aggregation providers such as LexisNexis and Factiva.
The offer will allow qualifying customers of specific third-party platforms to subscribe to an FT content licence which will exempt them from paying fees to the FT until the renewal of their third-party contract or January 2009, whichever comes first.
Caspar de Bono, managing director of business to business at the newspaper, said the offer was "a way of helping customers move from one licensing model to another".
From April 2008, corporate customers will have to buy FT content directly from the newspaper rather than as part of a bundle from an aggregator. The purpose of the move is to enable the FT to form closer relationships with its customers.
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