In March 2024, FT Group’s venture arm, FT Ventures, announced that it plans to invest £30m as an ‘initial deployment’ of capital [@maherWhyFTGroup2024]. This indicates the strategic direction of FT’s commitment to invest in a portfolio of information companies [@michaelchuiMcKinseyTechnologyTrends2023] that could strengthen and advance its position in the media and publishing industry.
References
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Maher, B. (2024) Why FT Group is investing £30m in new media and information companies. 7 March 2024. https://pressgazette.co.uk/publishers/nationals/why-ft-group-is-investing-30m-in-new-media-and-information-companies/ [Accessed: 17 March 2024].
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Michael Chui, Mena Issler, Roger Roberts, & Lareina Yee (2023) McKinsey Technology Trends Outlook 2023. https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-top-trends-in-tech#/.