OLD Media Moves

Thomson Reuters top brand in Canada

May 18, 2010

Thomson Reuters, the parent company of the Reuters financial news service, is the top brand in Canada, according to a recent survey, writes Hollie Shaw of the Financial Post.

Shaw writes, “Thomson Corp.’s 2008 acquisition of Reuters showed how ably a Canadian business can take centre stage globally, said Bev Tudhope, chief executive of Interbrand Canada, which assigned the brand a value $9.4-billion in its Best Canadian Brands 2010 survey.

“‘The one thing we love about that merger was that it was so bold,’ said Mr. Tudhope.

“‘Thomson Reuters has [become] a global powerhouse. They are more of a business-to-business brand than a business-to-consumer brand, but they have definitely gained in recognition and profile since the merger happened. They regularly run full-page ads in the business press and they did a massive rebranding campaign. We are proud to call them a Canadian brand.’

“Interbrand, a division of Omnicom Group Inc., the world’s largest advertising conglomerate, publishes an annual list of global brand rankings and does one specifically for Canada every two years.”

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