OLD Media Moves

Distribution of Reuters news is suspended in Russia

London Stock Exchange Group said it will suspend providing Russia of Reuters and other products containing news and commentary.

A Reuters story states, “A new Russian law makes it possible to jail journalists who intentionally spread what the Russian authorities describe as ‘fake news’ for up to 15 years. The law makes it illegal to report any event that could discredit the Russian military.

“‘To comply with the changes in Russian law, LSEG today announces it is suspending access to products in Russia that contain its news and commentary,’ LSEG said in a notice to customers.

“‘This will take effect from 1200 GMT Wednesday 9 March.’ It declined to elaborate.

“The exchange said it was also suspending all new sales of products and services in Russia, but data products will continue to be accessible by currently serviced customers.

“The LSE distributes news and commentary from Reuters as part of its products. Thomson Reuters, the parent of Reuters News, holds a minority stake in the LSE after the exchange bought data and analytics company Refinitiv from it.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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