Reuters postpones web site paywall – Speaking Biz Information

Reuters Information postponed the launch of its web site paywall following a dispute with monetary knowledge supplier Refinitiv over whether or not the transfer would breach a information provide settlement between the 2 corporations, experiences Kenneth Li of Reuters.

Li experiences, “Reuters, a unit of Thomson Reuters Corp, had been planning to start out charging for information on Reuters.com from June 1. It was not instantly clear how lengthy the delay would final.

“In a employees assembly on Thursday, Reuters Editor-in-Chief Alessandra Galloni confirmed that the information company had paused the launch of the web site paywall in addition to the introduction of a brand new authorized information part on the web site, whereas discussions with Refinitiv to resolve the dispute have been ongoing.

“In a press release, a Reuters spokesman mentioned, ‘We’re nonetheless working via our plans for the relaunch of Reuters.com as a subscription service.’ Discussions with Refinitiv have been ‘about our enterprise strategy and merchandise, and the way we will improve our supply to all prospects,’ the spokesman mentioned.”

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Reuters postpones website paywall