Reuters Begins Selling New Customized Financial Data, Graphics Service To Newspapers

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Reuters Begins Selling New Customized Financial Data, Graphics Service To Newspapers

As major newspaper publishers have seen profits return ad declines slow a bit, Reuters (NYSE: TRI) is hoping that the time is right to sell a new product designed to enhance understaffed business sections. The news wire plans to unveil its Reuters Financial Infographics initiative, which provides automated delivery of customizable, print-ready financial data layouts to U.S. papers.

The RFI product will be available as an addition to Reuters main news offerings for what the company told paidContent is “an attractive price.” Pressed for more details, a Reuters rep declined to say what the rate is. Interested pubs can get a free trial until March 31. Reuters execs will provide more details on the new initiative later today at the Society of American Business Editors and Writers’ annual conference in Phoenix.

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David Kaplan

@davidaKaplan Mar 17, 2010 11:04 PM ET

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This seems to be a good strategic move from Rediff. With orkut and facebook getting global hype this is a good way to create a niche for itself in the regional markets.

Sheetal

Blogshowcase seems to be Live for a long time now. Not that much seems to be happening there. Isn't rediff a bit late in incorporating languages on iland? Or is it the right time? I also found a new site called BlogAdda, that showcases Indian Bloggers. It seems quite promising to me. I don't know why would rediff do something like Indiapad. Any ideas?