Reuters and Thomson

Paid Content has the skinny on the merger of Thomson and Reuters in the media deal of the year (so far).

Thomson will change its name to Thomson-Reuters Corporation. Reuters will be known as Thomson-Reuters PLC. The combined Thomson Financial unit and Reuters financial and media businesses will be called Reuters. The existing Thomson professional businesses – legal, tax and accounting, scientific and healthcare – will together be known as Thomson-Reuters Professional. Thomson-Reuters PLC and Thomson-Reuters Professional will have identical boards of management.

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Methinks they do protest too much

Page 3 of The Observer today was entirely given over to a story about the backlash against “the web’s endless cacophony”. Citing British-born Andrew Keen, author of Cult of the Amateur out at the end of the month, it argues that the rise of self-publishing is a direct threat to truth and discernment as administered by “experts”. It targets Wikipedia, MySpace and YouTube, among others, and has only a couple of sentences in defence by Jeff Jarvis. I thought it was an extraordinarily intemperate piece of unbalanced journalism, and even Keen was dismissive on his blog today. It sounds a bit like a wounded “old media” stalwart trying to make sense of a tidal wave of change, and failing.

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by Jim Muttram