FT marks fifth anniversary of the US edition

NEW YORK - The Financial Times will deliver a special commemorative magazine to US readers today, November 14, to mark the fifth anniversary of the Financial Times' US edition.

The magazine will highlight the very best reporting and commentary from the FT over the past five years.

During that period, the FT has become the fastest-growing business newspaper in the US, its circulation having increased fourfold since 1997.

According to the FT, its readership has increased faster than any other nationally distributed US newspaper (source: Mendelsohn 2002) and the US is now on track to becoming the Financial Times' largest single national market during the next 10 years.

FT.com is enjoying similar US success. FT.com sees about a quarter of its 3m worldwide monthly users logging in from North America.

John Marcom, FT president for the Americas, said: "The FT arrived in the US just as the boom of the late 90s was reaching full steam, but it has continued to thrive in a much more difficult climate during the past two years. That's great evidence of how much American business leaders need the kind of balance and perspective the FT offers."

The Financial Times has more than 70 journalists based in the US, with 10 bureaus in North American cities such as New York, Washington DC, San Francisco, Chicago, Toronto, Atlanta, Houston, Los Angeles, Boston and Mexico City.

Last year, the FT was recognised by Interbrand and Business Week as the third fastest-growing brand in the world, based largely on its success in the Americas.

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