Reuters
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Transcript of Reuters
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Reuters
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Reuters is…- Financial market data provider- Provides reports from around the world- 200 cities- 94 countries- 20 languages
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Reuters started…- Paul Julius Reuter- October 1851 - Submarine Telegraph
- Contract with LSE
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Ownership structure- Compromising objectivity- 15% limit (late 80`s)
- Rupert Murdoch´s News Corporation
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The Reuters Founders Share Company
- to protect the integrity- Able to outvote all share-holders
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Expansion of Reuters- Rapid growth in 1980s
- Bigger range of business products- Bigger global reporting network for media
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Thomson Reuters- 15.5.2007- The Thomson Corporation (TC)
merged with Reutes- TC holds 53% of new Thomson Reuters
- 15% rule waived
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Chairman of Reuters Founders Share Company Pehr Gyllenhammar said:
“The future of Reuters takes precedece over the principals. If Reuters were not strong enough to continue on its own, the principales would have no meaning”
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http://www.reuters.com/news/international
http://www.youtube.com/watch?v=CLcKGLJRDHo