Reuters is launching “Reuters Professional,” a new business line that will include news, analysis and events for decision makers, reports Sara Fischer of Axios.
Fischer writes, “Much of Reuters’ revenue is focused on serving corporate clients through licensing news and data services. With this effort, Reuters will push to serve individual professionals more directly, which it believes brings significant financial opportunity.
- “We think that the professionals market is a $36 billion industry,” says Josh London, who will head Reuters Professional.
“Driving the news: Reuters Professional will be a B2B and B2C play, aimed at reaching professionals across an array of digital platforms.
- Reuters’ website, which the company plans to relaunch with new B2B focus areas early next year, will lean more heavily into providing industry-specific expertise across topics.”
Read more here.