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From the Editor’s desk – the Nikkei Asia story

Thursday 22 Apr | 12.00 - 13.00

The media world was shocked in 2015 when Japan’s mighty Nikkei bought the UK's flagship business newspaper, the Financial Times. What did this venerable domestic publisher want with a London-based international publication, and indeed why invest in any media activity when the sector's revenues and business models were being shattered by digitalisation and the dominant social media and search giants.

Location

Online

Price

Members: ¥0

Non Members: ¥1,500

Written by Sanae Samata

Note: A Zoom access link will be sent to participants 2 hours before the webinar is scheduled to start.

The media world was shocked in 2015 when Japan’s mighty Nikkei bought the UK’s flagship business newspaper, the Financial Times. What did this venerable domestic publisher want with a London-based international publication, and indeed why invest in any media activity when the sector’s revenues and business models were being shattered by digitalisation and the dominant social media and search giants.

One exciting and successful result of the acquisition is the transformation and rebranding of Nikkei Asia, from a print-based publication heavy on articles translated from Japanese, to a successful subscription-based digital publication whose strong voice and coverage have already won a host of major media awards.

We will hear today from Executive Editor Chris Grimes, at the helm of Nikkei Asia since 2019, and staff writer Francesca Regalado. It is a fascinating story – a scary media market background, two very different corporate cultures but a real opportunity to develop a unique franchise.

 

Speakers

Chris Grimes | Executive Editor, Nikkei Asia

Chris Grimes grew up in Tallapoosa, Georgia, and began his journalism career at the Atlanta Journal-Constitution. He was hired in 1997 by Dow Jones in New York, where he covered the technology industry during the height of the dotcom bubble.

In 2000, Grimes joined The Financial Times, where he covered the media industry and post-9/11 New York. He helped steer the FT’s coverage of the 2008-09 financial crisis and the 2008 presidential campaign as deputy U.S. news editor. In 2011, he moved to FT headquarters in London, where he was editor of the award-winning Big Read, the paper’s showcase piece of in-depth reporting.

After Nikkei acquired the Financial Times, Grimes moved to Tokyo as a secondee to Nikkei Asian Review (now Nikkei Asia.) He worked for two years as cover story editor before being named executive editor in April, 2019.  During his tenure as executive editor, Nikkei Asia has won numerous prizes – including seven SOPA awards and four Asian Media awards — and experienced rapid growth in paid subscriptions. Grimes plans to re-join the Financial Times in the summer of 2021.

Chris Grimes grew up in Tallapoosa, Georgia, and began his journalism career at the Atlanta Journal-Constitution. He was hired in 1997 by Dow Jones in New York, where he covered the technology industry during the height of the dotcom bubble.

In 2000, Grimes joined The Financial Times, where he covered the media industry and post-9/11 New York. He helped steer the FT’s coverage of the 2008-09 financial crisis and the 2008 presidential campaign as deputy U.S. news editor. In 2011, he moved to FT headquarters in London, where he was editor of the award-winning Big Read, the paper’s showcase piece of in-depth reporting.

After Nikkei acquired the Financial Times, Grimes moved to Tokyo as a secondee to Nikkei Asian Review (now Nikkei Asia.) He worked for two years as cover story editor before being named executive editor in April, 2019.  During his tenure as executive editor, Nikkei Asia has won numerous prizes – including seven SOPA awards and four Asian Media awards — and experienced rapid growth in paid subscriptions. Grimes plans to re-join the Financial Times in the summer of 2021.

Francesca Regalado | Staff Writer, Nikkei Asia

Francesca Regalado is a staff writer for Nikkei Asia covering foreign affairs, cryptocurrencies, and the Tokyo 2020 Olympics. She came to Tokyo from New York, where she earned a master’s degree as the inaugural Nikkei scholar at Columbia University’s Graduate School of Journalism. Previously, she worked as an economics reporter for the Yomiuri Shimbun’s Washington, D.C. bureau and as an intern at The New York Times and the Council on Foreign Relations. She received a bachelor’s degree in international relations from Seton Hall University. Born and raised in Manila, she speaks Filipino as well as Russian and Japanese.

Francesca Regalado is a staff writer for Nikkei Asia covering foreign affairs, cryptocurrencies, and the Tokyo 2020 Olympics. She came to Tokyo from New York, where she earned a master’s degree as the inaugural Nikkei scholar at Columbia University’s Graduate School of Journalism. Previously, she worked as an economics reporter for the Yomiuri Shimbun’s Washington, D.C. bureau and as an intern at The New York Times and the Council on Foreign Relations. She received a bachelor’s degree in international relations from Seton Hall University. Born and raised in Manila, she speaks Filipino as well as Russian and Japanese.

Graham Davis | Senior Adviser, BCCJ

For over 15 years, Graham lived and worked in Tokyo, advising clients about economic and political developments that impact business and investment opportunities in Japan. From 2002 to 2008 he headed the Economist Intelligence Unit’s Corporate Network executive programme in Japan, chairing its regular meetings and other conferences held in APAC. Following this role, he moved to the commercial side of the ECN business, heading Thought Leadership and Events for the region.

Graham served on the BCCJ Excom from 2010-2015, spending 4 years as Head of Events, and then Head of the Chamber’s Global Sporting Events committee, exploring B2B opportunities related to the RWC2019 and Tokyo 2020 Olympics and Paralympics. In 2016, he moved to Yakushima, where he runs a hospitality business with his wife.

For over 15 years, Graham lived and worked in Tokyo, advising clients about economic and political developments that impact business and investment opportunities in Japan. From 2002 to 2008 he headed the Economist Intelligence Unit’s Corporate Network executive programme in Japan, chairing its regular meetings and other conferences held in APAC. Following this role, he moved to the commercial side of the ECN business, heading Thought Leadership and Events for the region.

Graham served on the BCCJ Excom from 2010-2015, spending 4 years as Head of Events, and then Head of the Chamber’s Global Sporting Events committee, exploring B2B opportunities related to the RWC2019 and Tokyo 2020 Olympics and Paralympics. In 2016, he moved to Yakushima, where he runs a hospitality business with his wife.