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 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 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