AOL forms a new partnership!
DULLES, Va. and NEW YORK--(BUSINESS WIRE)--March 29, 1999--
America Online, the world's leading interactive service, and the
Financial Times, the only worldwide daily newspaper specializing in
global business, today announced a partnership to make the Financial
Times a key provider of international business news on the AOL
service.
As part of the partnership, the Financial Times will become an
anchor tenant within the International News, International Business
News and International Channels of AOL's domestic service, providing
daily breaking news stories, exclusive features and links to the
Financial Times Web site, FT.com.
This agreement will give AOL users direct access to the FT's
latest global business news coverage and will provide them with an
international perspective from FT correspondents stationed around the
world. Financial Times will also be accessible to AOL members through
Keywords: Financial Times or FT.
"We're very pleased to be able to offer our
internationally-minded members access to news from the Financial
Times," said Jonathan Sacks, AOL's Senior Vice President of
Programming Operations. "The worldwide journalistic reputation of the
Financial Times is extremely impressive and having them as a partner
is a powerful contribution to our international news offerings. This
relationship is yet another example of AOL's commitment to bringing
our members the very best brands available in cyberspace."
"We are delighted to offer AOL members easy access to the
Financial Times coverage," said Stuart Arnold, Managing Director of
the Financial Times in The Americas. "The Financial Times offers an
in-depth international perspective on world business and political
developments that readers can not find anywhere else. We are sure AOL
users will find the FT to be a welcome and complementing addition to
AOL's International News and International Channels. Miss the FT and
you miss a crucial briefing."
"This new alliance will make available to AOL's 16 million
members the global information resources of FT.com. These include a
global archive of some 3,000 newspapers from around the world and
comprehensive information on more than 20,000 companies worldwide,"
said Tony Blin-Stoyle, Director, FT.com. "As the range of business
content on the Web grows, FT.com cuts through the clutter, providing
accessible online tools that help users make sense of the global
marketplace."
Founded in 1985, America Online, Inc., based in Dulles, Virginia, is the world's leader in interactive services, Web brands, Internet technologies, and e-commerce services.
America Online, Inc. operates: two worldwide Internet services,
America Online, with more than 16 million members, and CompuServe,
with approximately 2 million members; several leading Internet brands
including ICQ and Digital City, Inc.; the Netscape Netcenter and
AOL.COM portals; and the Netscape Navigator and Communicator browsers.
Through its strategic alliance with Sun Microsystems, the Company develops and offers easy-to-deploy, end-to-end e-commerce and
enterprise solutions for companies operating in the Net Economy.
Established in 1888, the Financial Times is the only worldwide
daily newspaper concentrating on international business. It provides
authoritative coverage of international news as well as analysis and
perspective on emerging markets, finance, economics, international
companies, management, government and technology. The U.S. edition
includes international news of special interest to U.S. readers.
The Financial Times is printed at 12 sites around the world and
is read daily by 1.3 million of the world's most influential business
people in over 140 countries. The Financial Times is part of the
Financial Times Group. Other companies in the group include Financial
Times Business and Financial Times Electronic Publishing (FTEP).
FT.com (http://www.ft.com), is published by FTEP and is the
leading global business resource on the Web. It delivers world
business and financial news, comment and analysis to more than 1.6
million registered users in 230 countries. FT.com combines the
editorial values of the Financial Times newspaper with the immediacy,
depth and interactivity of the Web.
The site is updated throughout the day and its offerings include
a comprehensive global Archive of more than four million articles and
extensive company and market information. FT.com was recognized as the number one site for business news and finance on the Internet 100 Hot list (February 1999).
The Financial Times Group is part of Pearson PLC, the global
media, information and entertainment group.
--30--MF/ph*
CONTACT: America Online
Tom Ziemba, 703/265-3284
or
Financial Times
Annalise Carol, 212/484-7237
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