Sunday, September 18, 2011

What is This Reuters You Speak Of?



In a recent 60 Minutes /Vanity Fairpoll, a large amount of the public mistook what the Reuters global news agency actually was.
The poll taken in May of this year found that 22 percent of people asked related the Reuters name as that of a German airline, a private New Jersey college, a fast food chain, and a London investment bank. Furthermore, 36 percent of those polled did not even have a guess as to what industry Reuters belonged.
How can this be? Reuters has been covering the world’s news since 1851. They currently employ over 3000 journalists worldwide. Are the Reuters bylines at the bottom of their 1000s of articles published daily too subtle?

Well, one thing is for sure, their competitors might just be better at tooting their own horn. Bloomberg News Editor-in-Chief Matthew Winkler recently said, “that his news organization aims to be the world's "most influential."
In response to the encroachment of the other news agencies, Reuters has gone on a Pulitzer Prize level-hiring spree, in that they have recently hired many of the recipients of the prize in an attempt to raise their public profile.
Reuters has also made great strides with updating their website to attract an increasingly techno-savvy audience.
It would be a shame to see a world-renowned news agency go out of business simply because they did not carry the name recognition of some newer upstarts. I do not think that will happen in this case, but I guess I just wish Reuters would get the credit that is owed. 

1 comment:

  1. People don't read the news enough. Simple as that. It is sad though that such a big news agency can be mistaken for a fast-food chain.

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