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- REUTERS AND VNU BUSINESS MEDIA COLLABORATE WITH COMPREHENSIVE ENTERTAINMENT NEWS PACKAGE
(October 21, 2002 - New York) - Reuters (NASDAQ:RTRSY), the global information, news and technology group, today announced an exclusive agreement with VNU Business Media, one of world's leading media and information companies and publisher of The Hollywood Reporter, Billboard and Back Stage, and producer of the industry's leading trade shows, ShoWest, Show East, CineAsia and Cinema Expo International, to become the sole provider of entertainment content for Reuters comprehensive, real-time entertainment news service.
Available April 2003, the Reuters VNU Entertainment News Service will combine the wealth and breadth of Reuters reporting with the entertainment reporting from three of VNU's premier publications, The Hollywood Reporter, Billboard and Back Stage, for 24/7 content in real-time. The service will include more immediate top daily entertainment stories, expanded film and television coverage, inside and in-depth industry reporting, enhanced music and stage reporting and expanded reviews.
Moreover, subscribers will have access to Billboard's popular Charts, which are based on sales figures and airplay figures for albums, singles and videos in addition to other measurement data such as movie box-office, live events, theatre, TV and web traffic.
Lavinia Calvert, Executive Vice President and Publisher, Reuters Media, said: "We are excited to team up with the producers of some of the most respected entertainment reporting available. Through our collaboration with VNU, we offer a significantly enhanced entertainment news package, becoming a one-stop source of trusted entertainment information for our customers."
"The integration of VNU's entertainment news and measurement data with Reuters' reporting and distribution will create the definitive entertainment information service," states Mike Marchesano, CEO of VNU Business Media and President of VNU Publications Entertainment Group. "This world-class syndicated product will combine in-depth industry information with 24/7 global coverage to produce the last word in entertainment reporting, and we are proud to partner with the prestigious Reuters brand to set a new benchmark for the marketplace."
Contacts
Felicia Cosby
Tel: +1 646 223 5223
Reuters Corporate Communications - USA
Felicia.cosby@reuters.com
Deborah Patton
VNU Business Media Communications
Tel: +1 646.654.5755
Dpatton@vnubusinessmedia.com
Note to editors
The Reuters US Entertainment News Service consists of fact-filled entertainment industry news and articles that are filed in real-time and chronicle the latest entertainment industry developments. In addition to breaking news, the report includes features, reviews and regular columns by industry insiders.
Reuters (www.about.reuters.com) is the leading global provider of financial information, news and technology solutions to financial institutions, the media, businesses and individuals. Reuters strength is its unique ability to offer customers a combination of content, technology and connectivity. Its premier position is founded on continuous technological innovation and a reputation for speed, accuracy, integrity and impartiality. Reuters has over 19,000 staff in 97 countries, including some 2,500 editorial staff in 230 bureaux serving approximately 150 countries, making it the world's largest international multimedia news agency. In 2001, Reuters had revenues of £3.9 billion.
Reuters and the sphere logo are the trademarks of the Reuters group of companies.
VNU Business Media (vnubusinessmedia.com) is a division of VNU, one of the world's leading media and information companies. Its core activities are marketing information, media measurement & information, business information and directories. VNU is active in more than 100 countries.
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