Thomson Reuters Embraces the Economist Approach
May 30, 2013
One of my two or three readers sent me a link to “Thomson Reuters Hires Economist Group Chief to Head news Agency Arm.” One of the characteristics of large, traditional publishing companies is that when one executive is needed, the go-to source for a qualified person is another traditional publishing company. Thomson Reuters has returned somewhat lackluster revenue growth in the last few years. Will the Economist approach change the course of the aircraft carrier?
According to the write up:
Rashbass, a former managing director of Economist.com who became chief executive in 2008, said that Reuters was well positioned to drive commercial growth.
We agree. Now the task is to deliver revenues, not magazines. Lord Thomson of Fleet is probably watching and hoping for greater success for his outfit.
Stephen E Arnold, May 30, 2013
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