The media segment in Thomson Reuters’ Q4 results can be seen as a microcosm of the segment’s performance for the overall year. Both full-year and Q4 media revenues declined 8 percent. The company, now based in Toronto, pointed to “continued pressure” on the Professional Publishing and Advertising businesses.  The same…

		EPS*	Rev. vs Q408	Net Inc. vs Q408
Thomson Reuters	Release		1%	68.4%

* vs. Analysts' Estimates: Beat Met Missed

Highlights from WSJ.com managing editor Kevin Delaney’s conversation with Thomson Reuters (NYSE: TRI) Markets CEO Devin Wenig (who, by the way, oversees $8 billion of paid content revenue): —Reuters.com: Wenig says the company will add “paid services” on top of its news site this year. The site, he says, is…

While most media companies are exploring ways to build subscription revenues to replace ad dollars, Reuters is looking in the opposite direction. Though the company emphasizes that its traditional subscription model that supports most of the business is as vital as ever, Reuters believes it’s a good time to focus…

At DLD earlier this week, Tom Glocer, CEO of Thomson Reuters (NYSE: TRI), gave the rest of the world a peek into what we know he really is: a geek. He talked about his early days playing with IM, and how that helped develop Reuters own financial IM product; and…

Thomson Reuters (NYSE: TRI) has acquired scientific analytics software provider Discovery Logic as the company looks to expand its content and services. Discovery Logic will be folded into Thomson Reuters’ Healthcare & Science business. Financial terms of the transaction were not disclosed. Rockville, MD-based Discovery Logic gathers information from scientific…

Thomson Reuters (NYSE: TRI) is laying off 240 staffers at its legal publishing division, Dow Jones reported. The company’s legal division includes research sites like West, FindLaw and Carswell, as well as attorney software provider Elite. The layoffs will be in North America.

Stephen J. Adler, who resigned his post as editor-in-chief of BusinessWeek shortly after the magazine’s sale to Bloomberg, is joining Thomson Reuters (NYSE: TRI). Adler will become SVP and editorial director of the news service’s Professional division, which covers Legal, Tax & Accounting, and Healthcare & Science businesses, reporting to…

Updated: It’s hard not to see the symmetry: two deals announced within 24 hours of each other, closed on the same day. McGraw-Hill (NYSE: MHP) claims a pre-tax gain of $9 million from selling 80-year-old BusinessWeek to Bloomberg, while financial commentary start-up Breakingviews sells to Thomson Reuters (NYSE: TRI) for…

Sales in Thomson Reuters’ media operations were dented, as the group saw top-line operating profit tumble 32 percent to $378 million on four percent lower sales of $3.2 billion. July-to-September sales in the unit, part of its markets division, dipped 14 percent from last year to $90 million, blamed on…

Updated: Thomson Reuters (NSDQ: TRIN) is buying business commentary service Breakingviews.com, as part of its expansion into financial commentary. The companies did not disclose financial details about the transaction, but a source close to the deal tells us the sale price was roughly $18 million, mostly in cash, although there…

Rewind: I published this last week on the combined Bloomberg.com and BusinessWeek.com. Worth a second look as Bloomberg wins the bidding. Oct 8: So whether BusinessWeek goes to Bloomberg, or the ZelnickMedia consortium (with Thomson Reuters (NSDQ: TRIN) behind it), none of them will be huge online. We have been…

After a few months of testing, Reuters is pulling the plug on the Americas Dealzone chatroom on Reuters Messaging, the company confirmed. In a memo obtained by paidContent, Martin Howell, Reuters’ news editor for the Americas, told staffers the company couldn’t attract enough customers to sign up for the trial.…

Thomson Reuters (NSDQ: TRIN) is closer to a deal to buy U.K.-based financial news site Breakingviews.com, according to The Sunday Times. The Times cites unidentified sources inside Thomson Reuters that put the deal price at about $14 million (£10 million). News that the two companies were first negotiating a sale…

Thomson Reuters (NSDQ: TRIN) has bought London-based tax software provider Abacus Enterprise (via FT.com) in a sign the company still highly values Britain despite its de-listing from the London Stock Exchange. Abacus, owned by accountancy giant Deloite, provides tax planning and compliance products to some 400 European companies including half…

Thomson Reuters (NSDQ: TRIN) is finally reaping some big benefits from its long-running merger: the news and professional information publisher reported underlying profits up 11 percent year on year to $793 million (£465.9 million) and a profit margin 330 basis points higher at 24.2 percent, helped in a big way…

AdBrite has joined the Fair Syndication Consortium, the Attributor-backed online publisher’s group recently founded to help companies track and monetize their content regardless of where it shows up on the web. AdBrite is the first ad network to join the Consortium—and it’s a crucial first partnership—since working directly with the…

Another acquisition by Thomson Reuters: it has acquired private equity backed Indlaw Communications, a Delhi-based legal information company, for an undisclosed amount. Indlaw runs a legal, tax and regulatory information database website at Indlaw.com. The site, founded by lawyer Joseph Pookkatt in 2002, had received early stage investment from private…

Thomson Reuters (NSDQ: TRIN) has acquired the Toronto-based webcasting software firm Streamlogics, for an undisclosed sum. Streamlogics, founded in 1999, provides webcasting applications and services in North America, focusing on financial, healthcare and technology sectors; Reuters will use the tech to provide these applications to its current batch of clients.…

Reuters editor-in-chief David Schlesinger has warned the International Olympics Committee Press Commission its media accreditation rules are outdated and must be modernised to allow audience members to report from the Games. “The old means of control don’t work ... “Fundamentally, the old media won’t control news dissemination in the future.…