Reuters is undergoing a drastic change as they’ll be putting their website behind a paywall, the company stated in an article. The news agency will see a drastic change in over a decade as they join the cash-for-content world.
The report adds that they don’t know when these changes to Reuters will occur. Nonetheless, when the media outlet does indeed go behind a paywall, expect the price for professional users to pay $34.99 a month for a subscription after a preview of five free articles per month.
“Professionals need direct access to industry knowledge, data, and insights from expert sources, and Reuters is pleased to offer our trusted, impartial, and accurate news coverage through a premium offering,” Josh London, Chief Marketing Officer, Reuters and Head of Reuters Professional, said.
Other news agencies such as Bloomberg and The Wall Street Journal have also decided to go behind a paywall. These reported changes came when Reuters is under new leadership as Alessandra Galloni will succeed Steve Adler as the editor in chief.
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.