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Reuters could do nothing and come out ahead while the AP wastes money on this. They don't even have to make a statement. All they have to do is not follow the A
by zitterbewegung 17y ago
Reuters could do nothing and come out ahead while the AP wastes money on this. They don't even have to make a statement. All they have to do is not follow the AP's footsteps.
- eli 17y agoYeah, but the larger issue is that wire services are hurting as some newspapers fail and others cut back on expenses. Obviously they shouldn't do what AP is doing, but Reuters probably does have to make some changes to survive long term.
- rs 17y agoDo remember that Reuters is in the information dissemination business. They do have multiple sources of revenue, and don't have to rely on direct revenues from the news business. http://thomsonreuters.com/about/ http://thomsonreuters.com/about/ A good example is ThomsonReuters have some excellent trading platforms that are actually market leaders in their respective asset classes.