Thomson Reuters to launch business news channel: report

[MoneyGuy]

SAN FRANCISCO (MarketWatch) -- Thomson Reuters is planning to launch a business television news channel to rival that of Bloomberg and CNBC, The Daily Telegraph reported in its online edition Friday. The channel will broadcast on the Internet and through cable or some form of digital platform, the newspaper said. The launch could come as early as January but may be delayed, according to the report. Thomson Reuters is seeking a different medium through which to channel content and boost revenues, the U.K. newspaper said.

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