paidContent.org - The Economics of Content

Current Story

Reuters Media Shake-Up: Clearer Picture, ‘Not A Revolution’

By Robert Andrews - Tue 06 May 2008 07:49 AM PST

Image305A clearer picture has emerged of senior-level changes in Reuters’ Media division, as the unit retains its name but undergoes some shake-ups in the wake of the Thomson (NYSE: TOC) merger. Chris Ahearn has recast the division with “three principal operating axes” to “put our customers at the center of all we do and reinforce teamwork, accountability and performance"…

-- News agency: UK-based Reuters (NSDQ: RTRSY) Media MD Monique Villa stepped aside two days ago to become CEO of the Reuters Foundation, working on news training in developing countries and disaster zones. She will in a sense be replaced - although not directly - by Christophe Pleitgen, who will lead the new-look news agency element.
-- Consumer media: After the departure of US-based Reuters Media GM and SVP Stephen Smyth, Alisa Bowen will lead the global consumer media axis. Bowen had previously led interactive products alongside Smyth’s online offerings and there will be a new head of advertising sales for consumer media in the US.
-- Professional publishing: The third axis will be led by David Hurst. Other areas include strategy and business development (Maria Molland), marketing (Sumita Singh), technology (Leon Shklar) and office of the president, media (Malcolm Murray).

Speaking to me at Thomson Reuters’ London HQ this morning, Villa said it wasn’t a restructure but created “a much more clean line”: “It’s just different, it’s not a revolution.” “It’s not so much change because Chris Ahearn has been president of Media for five years or something now.” She said she didn’t think there would be layoffs in the Media division...More details on the change at PCUK, here.

Posted in: Companies, Reuters


Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconCeleb Conference - The Economics of Celebrity. July 23 at the Roosevelt Hotel in Hollywood

Featured Report - 2008 Social Media Deals Report

front page of report

The economics of social media continue to heat up, with ever more buzz created in new and growing market categories. This report examines the categories, number and size of investment and acquisitions into social media and the resulting value created from 2007 through 2008. Order your report today to analyze deals made by Yahoo, Disney, Google, AOL, CBS, Hearst, Microsoft and many more.

Learn more or purchase now.

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters