Business news wire service Reuters Group Plc has invested $7 million in an Austin, Texas-based blog syndication company that counts among its customers The Washington Post and the San Francisco Chronicle, according to a Reuters story.
“Web logs, or blogs, have become a major source of commentary and reader feedback on the Internet. Traditional media have increasingly turned to blogs for insight and analysis.
“As a provider of syndicated text, pictures and video news, Reuters plans to offer Pluck’s BlogBurst blog syndication service to thousands of its media customers worldwide, the London-based company said.
“BlogBurst counts U.S. news outlets such as The Washington Post, the Gannett newspaper chain, the San Francisco Chronicle and the Austin American-Statesman as its customers. In Britain, it also links bloggers to the Guardian newspaper site and Reuters sites.”
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