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Fifth Column
Reuters admits 'terrible quality'
2005-04-15
Hattip LGF "Our content platform is burning," wrote David Schlesinger in a memo intended for 10 senior managers, but was read by thousands of employees in the company's daily briefing. "Our news is perceived as not having enough insight; our data is perceived as having terrible quality problems. Both news and data are not nearly the differentiating factors in Reuters' offering that they should be, that they could be, that they need to be."

The memo continued to say the group had a "web of inefficient and duplicative technology." According to a friend of mine who worked for Rooters, their problem is pompous old school tie racists.
Posted by:phil_b

#5  they get paid by syndicating their "news". Once local papers lose faith in their "news" (hellloooo Dan Rather!), the syndication prices drop to keep customers
Posted by: Frank G   2005-04-15 6:07:06 PM  

#4  FLASH FLASH FLASH
no
FLASH FLASH FLASH

-30-
Posted by: Shipman via wireless   2005-04-15 5:39:15 PM  

#3  Another dinosaur sees the inevitable coming.

Do wire services even make money anymore?
Posted by: thibaud (aka lex)   2005-04-15 5:10:00 PM  

#2  Still not reporting anything that resembles "news", are they?
Posted by: BH   2005-04-15 1:53:32 PM  

#1  Well, duh!
Posted by: Mike   2005-04-15 12:18:06 PM  

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