Thomas Reuters plans to launch a broadband video platform this summer for financial services clients such as traders and investors, Reuters reported Monday. The content not supported by advertising would be behind a paid wall, which clients with paid subscriptions would be able to access.
The service will not be live all day, but viewers will be able to select which videos they want to watch on-demand.
Thomson Reuters is not aiming to compete with 24-hour business coverage offered by outlets such as Bloomberg Television or CNBC, but does hope to compete more with traditional outlets, such as Dow Jones, Reuters reported.
The coverage will include breaking news and financial analysis, and will receive video from Thomson Reuters studios in Hong Kong, London and New York, as well as content from other outlets, including ForexTV, Beet.tv and The Street.com, according to Reuters.

