The Case of Reuters

Many people still think of Reuters as the Rolls-Royce of news agencies. Just as the House of Morgan was once synonymous with good banking, Reuters has long been synonymous with good news-gathering. In 1940, there was even a Hollywood film about Paul Julius Reuter, the German-Jewish immigrant to London who as early as 1851 began transmitting stock-market quotes between London and Paris via the new Calais-Dover cable.

His agency quickly established a reputation in Europe for being the first to report scoops from abroad, such as of Abraham Lincoln’s assassination. Today, almost every major news outlet in the world subscribes. Operating in 200 cities in 94 countries, Reuters produces text in 19 languages, as well as photos and television footage from around the world.

About the Author

Tom Gross

Many people still think of Reuters as the Rolls-Royce of news agencies. Just as the House of Morgan was once synonymous with good banking, Reuters has long been synonymous with good news-gathering. In 1940, there was even a Hollywood film about Paul Julius Reuter, the German-Jewish immigrant to London who as early as 1851 began transmitting stock-market quotes between London and Paris via the new Calais-Dover cable.

His agency quickly established a reputation in Europe for being the first to report scoops from abroad, such as of Abraham Lincoln’s assassination. Today, almost every major news outlet in the world subscribes. Operating in 200 cities in 94 countries, Reuters produces text in 19 languages, as well as photos and television footage from around the world.