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Reuters returns to video with online service

posted onMarch 2, 2009
by hitbsecnews

Thomson Reuters is preparing to launch a multi-million-dollar online video platform, in an attempt to differentiate its multimedia offering to professional traders and investors by integrating it with the group’s existing editorial output and financial data.

About 130 people in New York, London and Hong Kong are being recruited for the launch this summer of a service that will both showcase an expanded video offering from Reuters News and provide a platform for partners such as research providers and other media groups.

The project, dubbed Reuters Insider, and other technology announcements planned for the coming months would represent the first wave of products launched since Thomson Corporation’s acquisition of Reuters closed last April, said Devin Wenig, chief executive of Thomson Reuters Markets, the group’s financial division.

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