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Reuters' news service is a division within Thomson Reuters that complements much more profitable divisions. As such, I can't imagine this paywall addresses any
by gralx 5y ago
Reuters' news service is a division within Thomson Reuters that complements much more profitable divisions. As such, I can't imagine this paywall addresses any question of sustainability. For a financial, accounting, and legal services company like TR, it helps to have a popular mouthpiece from which to champion your agenda. I suspect this move is less about profits and more about prestige and market norms - Financial Times, Wall St Journal, Bloomberg, etc., all gun for business readership behind paywalls, and so why shouldn't Reuters? And it's not expensive compared to the very expensive journals and newsletters (e.g., mining industry research journals, newsletters like Gartner's, TR's own products) subscribed to by major financial institutions.
- MattGaiser 5y ago> helps to have a popular mouthpiece from which to champion your agenda. So what do they do if they want to be a news organisation instead of a PR outfit?
- gralx 5y agoNews organizations are PR outfits by their very nature. I'd just be parroting Herman and Chomsky's Manufacturing Consent, though, to explain it. If you disagree with them, you'll disagree with my perspective.