Reuters news to power The Economic Times’ new television channel March 16, 2009

Reuters world’s leading source of intelligent information for businesses and professionals has announced its collaboration with ET NOW, a business news channel of the Times Global Broadcasting Company.

e4m by exchange4media Staff
Updated: Mar 16, 2009 4:02 PM
Reuters news to power The Economic Times’ new television channel March 16, 2009

Today, Reuters announced an exclusive collaboration with the Times Global Broadcasting Company’s new business and financial news channel, ET NOW, marking a key strategic alliance for Reuters in an increasingly competitive financial news marketplace.

This agreement was designed to unite India’s largest financial publication and Reuters global real-time content to tell a comprehensive and market moving story to India’s growing and influential professional audience via the ET NOW channel.

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN).

“This is exciting,” said Chintamani Rao, CEO, Times Global Broadcasting. “The Economic Times is the biggest business media brand in India, and Reuters is the most respected and trusted brand in business news globally. Together we will make ET NOW the channel of choice for business news viewers. Following on the success of Times Now, we will build our next market leading brand.”

“For more than 150 years, Reuters has been an integral part of India's marketplace,” said David Schlesinger, Editor-in-chief. “We recognise that there's a very compelling financial story to be told in India and we are committed to working with The Economic Times on telling this story in new and innovative ways.”

“We are delighted to begin this journey with Reuters,” said Ravi Dhariwal, CEO-Publishing, BCCL. Times Global Broadcasting, Asia’s largest media house. “With them as our partner, we are sure to make ET NOW the clear, authoritative and credible voice of India Inc, just as the Economic Times has been for over four decades.” ET NOW will receive real-time breaking financial news content powered by dedicated Reuters reporters based in New York, London and other financial centres, including Frankfurt, Singapore, Tokyo and Hong Kong.

“This agreement is the latest move in our long standing commitment to investing in the growing Indian media market,” said Chris Ahearn, President of Reuters Media. “With the launch of our new consumer Indian website last year and the enhancements being made to the region specific mobile applications, we are truly committed to providing the business professional audience access to our content through a multitude of platforms.”

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