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Industry Moves
Reuters Taps Slate’s James Ledbetter As Website Editor

Sep 9, 2010 3:03 PM

Two months after the Slate Group folded its business news site The Big Money, its former editor-in-chief James Ledbetter is heading to Reuters (NYSE: TRI) to run the company’s website, paidContent has learned. Both Reuters and Ledbetter confirmed the hiring. Ledbetter had stayed on to write for Slate.com following the…

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Posted In: Features, Exclusive, Industry Moves, Companies, Reuters, arlene getz, james ledbetter

The Morning Lowdown 08.25.10

Aug 25, 2010 7:30 AM

Some of the stories people are talking about this morning:»  The month-long battle between Random House and literary agent Andrew Wylie seems to be over. The publisher is claiming victory, saying it has the rights to publish e-book editions of 13 classics books that the Wylie starting publishing under his…

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Posted In: Features, The Morning Lowdown, Marketing, Media & Publishing, Books, eReaders, Research & Metrics, Research, Social Media, Companies, Reuters, Zynga

Taking Aim At Bloomberg, Reuters Shifts Credit News Reporting To IFR Unit

Aug 19, 2010 10:54 AM

Thomson Reuters (NYSE: TRI) is hoping to step up its battle against Bloomberg by handing over responsibility for credit news reporting to its IFR Markets unit. About six editorial staffers will be affected by the switch, though Peter Szekely, secretary-treasurer of the Newspaper Guild of New York Newspaper Guild, which…

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Posted In: Media & Publishing, Companies, Reuters

Earnings
Thomson Reuters’ Profit, Revs Fall; Glocer Remains Upbeat About Q3

Jul 29, 2010 8:20 AM

Challenges remained in Thomson Reuters’ markets division in Q2, as the unit’s revenue was down 4 percent while its profits dropped 25 percent (though the company pointed out that excluding currency changes, the decline was more like 15 percent). That served as a drag on Thomson Reuters’ earnings generally this…

EPS* Rev. vs Q209 Net Inc. vs Q209
Thomson Reuters Release Missed Analysts' Estimates Revenue Indicator 2.3% Net Income Indicator 8.6%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Media & Publishing, Money, Earnings, Companies, Reuters, thomson reuters

Industry Moves
Reuters Execs Get Expanded Digital Media Roles

Jun 30, 2010 11:38 AM

Reuters (NYSE: TRI) has promoted three media execs this week to reflect the constant changes and challenges for news organizations in the digital space, according to a memo obtained by paidContent. Keith McAllister, the former CEO of syndicated online content company Mochila who was hired  just over a year ago…

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Posted In: Industry Moves, Media & Publishing, Online News, Companies, Reuters, alisa bowen, keith mcallister

Audio Interview: Reuters’ iPad Users Eat Three Times As Much Business News

May 26, 2010 5:10 PM

So, CEOs will be wandering around, toting iPads with critical business info on, right? Thomson Reuters (NYSE: TRI) think so… I chatted with the consumer publishing division’s SVP Alisa Bowen, who said it’s “the perfect platform to engage with C-level executives” and who outlined the opportunity tablets present for business…

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Posted In: Companies, Apple, iPad, Reuters

Reuters Buys Brazilian Legal Publisher Revista dos Tribunais

May 17, 2010 12:07 PM

Like a lot of companies investing in the BRIC countries lately, Thomson Reuters (NYSE: TRI) is looking to build up its presence in Brazil with the purchase of one of that country’s major legal publishing houses, Revista dos Tribunais. Terms of the deal were not disclosed. At the end of…

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Posted In: Legal, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Reuters, Countries, Latin America, brazil, revista dos tribunais

Reuters Introduces Online VOD Platform Aimed At Subscribers

May 9, 2010 11:20 PM

After spending much of the past year focusing its multimedia products at consumers, Thomson Reuters (NYSE: TRI) will introduce an on-demand, customizable online web video service that’s mainly for its paying subscribers. The service, called Reuters Insider, has been in the works for two years and makes its debut on…

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Posted In: Media & Publishing, Online News, TV, VOD, Companies, Reuters

Earnings
‘Tentative Recovery’ Eases Thomson Reuters’ Falling Profits

May 4, 2010 11:44 AM

Thomson Reuters (NYSE: TRI) CEO Tom Glocer pointed to the “tentative recovery” as helping fuel momentum for the company in the past quarter, as the company’s profits fell less than analysts anticipated. Still, revenue remained largely flat, as the financial sector, a major part of the company’s client base, was…

EPS* Rev. vs Q109 Net Inc. vs Q109
Thomson Reuters Release Beat Analysts' Estimates Revenue Indicator .03% Net Income Indicator 10%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Media & Publishing, Money, Earnings, Companies, Reuters, Countries, Canada, thomson reuters

WSJ Puts High Price On iPad App Subs

Apr 2, 2010 10:45 AM

The app announcements have been rolling out all morning in anticipation of tomorrow’s iPad release. Among the initial iPad apps now in Apple’s online store is the WSJ’s app, which is free to download, but costs users for $3.99 per week for access—compared to the $2.69 a week charge for…

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Posted In: Apps, Media & Publishing, Newspapers, Online News, Mobile, Companies, Apple, iPad, News Corp., Dow Jones, Wall Street Journal, Reuters

Reuters Begins Selling New Customized Financial Data, Graphics Service To Newspapers

Mar 17, 2010 11:04 PM

As major newspaper publishers have seen profits return and ad declines slow a bit, Reuters (NYSE: TRI) is hoping that the time is right to sell a new product designed to enhance understaffed business sections. The news wire plans to unveil its Reuters Financial Infographics initiative, which provides automated delivery…

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Posted In: Companies, Reuters

@ Media Summit: The Medium Isn’t The Message; The Brand Is

Mar 10, 2010 2:12 PM

One of the favorite sports of most media conferences these days involves trotting out Wired editor Chris Anderson’s “freemium” idea—which is predicated on balancing free online and paid premium content—and kicking it to the ground. The topic served as a introduction to discussing the problems associated with paywalls and display…

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Posted In: Advertising, Media & Publishing, Magazines, Online News, TV, Cable & Telecom, Companies, Conde Nast, Disney, ABC, ESPN, Reuters, Time Warner, Time Inc., media summit

Video @ paidContent 2010: Thomson Reuters’ Wenig: Why M&A May Bounce Back By Year-End

Mar 3, 2010 10:21 AM

Reuters (NYSE: TRI) makes most of its money in B2B, but the company is also trying to prove that it can also build revenues on the consumer side without eating into its primary business. In an interview with WSJ.com managing editor Kevin Delaney at our paidContent2010 conference, Devin Wenig, the…

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Posted In: Media & Publishing, Events, ContentNext Events, paidContent 2010, Companies, News Corp., Dow Jones, Wall Street Journal, Reuters, devin wenig, kevin delaney, thomson reuters

Earnings
Corrected: Thomson Reuters Market Division Pulls Down Profits

Feb 24, 2010 9:36 AM

The media segment in Thomson Reuters’ Q4 results can be seen as a microcosm of the segment’s performance for the overall year. Both full-year and Q4 media revenues declined 8 percent. The company, now based in Toronto, pointed to “continued pressure” on the Professional Publishing and Advertising businesses.  The same…

EPS* Rev. vs Q408 Net Inc. vs Q408
Thomson Reuters Release Beat Analysts' Estimates Revenue Indicator 1% Net Income Indicator 68.4%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Media & Publishing, Money, Earnings, Companies, Reuters

@pc2010: ‘Paid Services’ Coming To Reuters.com

Feb 19, 2010 12:05 PM

Highlights from WSJ.com managing editor Kevin Delaney’s conversation with Thomson Reuters (NYSE: TRI) Markets CEO Devin Wenig (who, by the way, oversees $8 billion of paid content revenue): —Reuters.com: Wenig says the company will add “paid services” on top of its news site this year. The site, he says, is…

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Posted In: Events, ContentNext Events, paidContent 2010, Companies, Reuters, devin wenig, kevin delaney

Reuters Partners With Video Aggregator NDN On Ad-Sharing Deal

Feb 1, 2010 9:00 PM

While most media companies are exploring ways to build subscription revenues to replace ad dollars, Reuters is looking in the opposite direction. Though the company emphasizes that its traditional subscription model that supports most of the business is as vital as ever, Reuters believes it’s a good time to focus…

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Posted In: Advertising, Media & Publishing, Newspapers, Companies, Reuters, news distribution network, reuters

Video From DLD: Tom Glocer on His Inner Geekery; Logic on BreakingViews Acquisition

Jan 28, 2010 5:34 PM

At DLD earlier this week, Tom Glocer, CEO of Thomson Reuters (NYSE: TRI), gave the rest of the world a peek into what we know he really is: a geek. He talked about his early days playing with IM, and how that helped develop Reuters own financial IM product; and…

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Posted In: Companies, Reuters, tom glocer

Thomson Reuters Buys Analytics Firm Discovery Logic

Jan 4, 2010 10:43 AM

Thomson Reuters (NYSE: TRI) has acquired scientific analytics software provider Discovery Logic as the company looks to expand its content and services. Discovery Logic will be folded into Thomson Reuters’ Healthcare & Science business. Financial terms of the transaction were not disclosed. Rockville, MD-based Discovery Logic gathers information from scientific…

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Posted In: Media & Publishing, Health Content, Money, M&A & Venture Capital, Mergers & Acquisitions, Research & Metrics, Research, Companies, Reuters

Thomson Reuters Laying Off 240 Across Legal Publishing Division

Dec 3, 2009 4:59 PM

Thomson Reuters (NYSE: TRI) is laying off 240 staffers at its legal publishing division, Dow Jones reported. The company’s legal division includes research sites like West, FindLaw and Carswell, as well as attorney software provider Elite. The layoffs will be in North America.

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Posted In: Legal, Media & Publishing, Companies, Reuters

Industry Moves
Ex-BusinessWeek EIC Adler Joins Thomson Reuters

Dec 2, 2009 8:48 AM

Stephen J. Adler, who resigned his post as editor-in-chief of BusinessWeek shortly after the magazine’s sale to Bloomberg, is joining Thomson Reuters (NYSE: TRI). Adler will become SVP and editorial director of the news service’s Professional division, which covers Legal, Tax & Accounting, and Healthcare & Science businesses, reporting to…

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Posted In: Industry Moves, Media & Publishing, Magazines, Companies, Reuters

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