Hoping to join the cash-for-content world of its media rivals, news service Reuters announced plans to put its website behind a paywall.
The move told Reuters.com that its chief marketing officer Josh London would be called “Reuters’ biggest digital transformation in a decade”.
Thursday’s announcement does not specify when the change will occur. Reuters has covered breaking news worldwide that it then sells to governments, corporations, law firms and other professional users.
The company said that its professional users will be able to access up to five free articles per month during a preview period before they will be asked to fork out $ 34.99 per month for a subscription – a price that their archery bloomberg. com matches.
The Wall Street Journal, one of the first major news sites to go after a paywall in 1996, charges $ 38.99 per month for a digital subscription.
The change comes after the company announced on Tuesday that it had chosen Alessandra Galloni to succeed Steve Adler as editor in chief. The Italian-born journalist is fluent in four languages and has recently been a global managing editor, overseeing her 2,500 journalists at 200 locations, a job since 2015. He joined Reuters in 2013 after 13 years in The Wall Street Journal.
Galoni, who officially takes the baton on April 19, will be the first woman to lead the global news organization in its 170-year history. One of his orders is allegedly to promote the digital and events business in Reuters.
Adler announced in January that he was heading to the helm after a decade. In another switch, while Adler was based in New York, Galloni would be based in London.
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