Thomson Reuters Completes Acquisition of Breakingviews
(Thomson Reuters ONE) - Deal positions the newly combined team as the global leader in financial commentaryNEW YORK/LONDON (December 1, 2009) -Thomson Reuters today confirmsthat it has completed its acquisition of Breakingviews, a leadingprovider of agenda-setting financial insight, positioning the newlycombined commentary organization as the global leader inpoint-of-view journalism servicing the financial markets.Reuters Breakingviews provides concise, relevant and sophisticatedcommentary on all major economic and business news, including keydevelopments in monetary and fiscal policy, mergers and acquisitions,capital markets, and commodities and energy. Reuters Breakingviewscomments on those developments that are critical to, and have thepotential to move, financial markets.The output of the combined team of Reuters original commentary teamand the Breakingviews commentary team will be known as ReutersBreakingviews making a clear distinction between the organization'snews service and commentary offerings. The Reuters Breakingviewsattribution will designate the commentary and opinion of thenamed authors, while Reuters will designate the expert sourced newsand analysis that has moved markets and provided insight for morethan 150 years."A fundamental plank of our Editorial strategy for making Reuters theindispensable news service for the 21st century is to expand ourtraditional fact-based news coverage to also offer agenda-settingpoint-of-view journalism. I am confident we will build uponreputation and expertise from both Reuters and Breakingviews andleverage the expertise of the combined organization," said DavidSchlesinger, editor in chief, Reuters.Reuters Breakingviews currently has about 30 columnists based inLondon, New York, Hong Kong, Paris, Washington, Moscow and Madrid,with immediate plans for expanded coverage in the Gulf, Japan,Germany and India.The newly combined service is available on all Thomson Reutersdesktops with selected commentaries to appear on Reuters.com.Reuters Breakingviews also reaches a broader audience of nearly 4.5million investors and opinion formers via daily columns in many ofthe world's most influential newspapers, including The New YorkTimes, Le Monde, The Daily Telegraph and the International HeraldTribune.Hugo Dixon, editor, Reuters Breakingviews, who will be running thecombined commentary team, said: "The enlarged team will have globalreach, allowing us to react more rapidly to breaking news and covermore stories. We will also now be able to reach hundreds of thousandsmore influential readers through Thomson Reuters desktops."About Thomson ReutersThomson Reuters is the world's leading source of intelligentinformation for businesses and professionals. We combine industryexpertise with innovative technology to deliver critical informationto leading decision makers in the financial, legal, tax andaccounting, healthcare and science and media markets, powered by theworld's most trusted news organization. With headquarters in NewYork and major operations in London and Eagan, Minnesota, ThomsonReuters employs more than 50,000 people and operates in over 100countries. Thomson Reuters shares are listed on the Toronto StockExchange (TSX: TRI) and New York Stock Exchange (NYSE: TRI). For moreinformation, go to www.thomsonreuters.com.About BreakingviewsBreakingviews was founded in 1999 to provide online financialcommentary aimed at a professional audience. It is one of a handfulof journalism websites to have successfully introduced a subscriptionmodel. The company also has a thriving syndication business. BrandedBreakingviews columns appear in 15 leading publications around theworld. The company continued to grow through the financial crisiswith revenue rising last year by 23%. Since its inception,Breakingviews has been influential on a broad range of storiesincluding the TMT bubble, numerous takeover sagas, the credit bubbleand subsequent banking crisis, and how the financial system shouldnow be reformed.CONTACTThomson Reuters and BreakingviewsCourtney DolanHead of Public Relations, Editorial+1 646 223 8406courtney.dolan(at)thomsonreuters.comhttp://hugin.info/142273/R/1358466/330796.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 01.12.2009 - 17:07 Uhr
Sprache: Deutsch
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