Thomson Reuters / Blackstone Deal Highlights New Era Of JournalismMark Melin
Blackstone’s recent $17 billion acquisition of Thomson Reuters financial-terminal business, the cash cow that paid for the financial burden of a news division, points to a historic paradox. While unbiased news coverage is vital for a democracy to survive – journalism is the only private enterprise mentioned in the constitution for a reason – the paradox is that, by itself, it is not self-sustaining. Or is there a new business model staring journalism right in the eye but . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible