Lack of audience proves fatal...
By Aled Herbert, 30 November 2001 08:15
NEWS Reuters is axing its television division with the loss of around 45 staff. The news service said the unit was not cost-effective and admitted the audiences had been disappointing. Reuters Television employed 90 people. The fate of the other 45 employees has not been determined.
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1. tom sanders
doesn't surprise me at all. i was a senior editorial staffer and resigned shortly after reuters began the takeover. they took a damn fine company Visnews and rode it into the ground..their arrogance was incredible.