OLD Media Moves

Reuters EIC Adler is bullish

September 14, 2012

Posted by Chris Roush

Reuters editor in chief Stephen Adlerheld a conference call with employees on Wednesday in which he expressed confidence about the future of the business news organization.

The Baron, a site that follows Reuters news, writes, ““We are really an astounding organisation… I really do think we are getting better all the time,’ Adler, pictured, said in the hour-long call on Wednesday.

“Reuters was brilliant on news but was now adding commentary which “is incredibly important for many of our customers,’ Adler said.

“The organisation was getting more positive attention to its work. ‘Some of that we’ve been positively working to do. We’ve hired wonderful bookers who are getting us on important shows. And that clearly shows in the numbers. The broadcast appearances by Reuter journalists are up by 70 per cent. So, way more. And we’re getting great peer recognition. That is one measure of whether people believe we’re doing outstanding work. And the number of awards we’re getting globally is up quite a bit – double digits. Last time I looked it was 15 per cent year-on-year. So the external recognition seems to be there and improving.’

“Listing coverage that had impressed him, Adler mentioned Syria – ‘an incredibly dangerous place to be working in, as we all know,’ – the Eurozone crisis, the London Olympics and other news stories.

“He made no reference to an article in The Independent a month ago that said Reuters was facing an unprecedented identity crisis, with the relative value of breaking news diminishing, its financial customers retrenching and a string of operational missteps since the company was taken over five years ago by the Thomson group.”

Read more here.

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