Sam Amico
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International news agency Reuters has become the latest media company to adopt a paywall strategy, announcing the move on its website Thursday.
Reuters will still be free for a preview period of five stories, but users will then have to register for access and pay $34.99 per month to continue reading. While that may seem steep, the subscription fee is comparable to those charged by the Wall Street Journal ($38.99 per month) and financial news rival Bloomberg ($34.99 per month).
In an emailed statement, Reuters’ chief marketing officer Josh London called the move “the largest digital transformation at Reuters in a decade.”
Reuters is headquartered in London and employs about 2,500 journalists and 600 photojournalists in nearly 200 locations around the globe. It attracts around 41 million unique visitors each month, per the announcement.
Reuters did not specify when the paywall will go into effect.
“Professionals need direct access to industry knowledge, data and insights from expert sources, and Reuters is pleased to offer our trusted, impartial and accurate news coverage through a premium offering,” London added.
Reuters was founded in 1865 by German-born British entrepreneur Paul Reuter. Thomson Reuters acts as the news agency’s parent company today.
No thanks
Exactly, these media companies are delusional.
Paywall strategy is being put in place to cover over the massive payoffs the media companies will be receiving for their help to steal the 2020 election. Of course no one in their right mond will pay Reuters $35 per month for shit they can get somewhere else for free. But this makes their sudden windfall later this year become plausible.
Interesting take. And it sucks that there could be truth to it 🙁
Yeah I could see that.
As out of touch media people are…they have to know that a lot of folks woke up about them and aren’t paying to read their lies. So they are trying to implement something where the gullible idiots will still pay them but the offset from other people not paying for it will come from the monetary kickback to help steal the election.
Good. A lot of these companies are going to find out how many people are really interested in their service.
Good luck on that. They’ll be bankrupt by the end of the year.
“impartial and accurate news”. LOL
They never go bankrupt. See above.
“Journalists “