Source: http://tinyurl.com/3a96gws
Financial news stations aren’t renowned for their relevancy or depth. While occasional errors such as early May’s ‘b’-for-’m’ saga can result in interesting television, the vast majority of mainstream financial news shows go ignored, serving as light entertainment for traders more interested in niche and industry-specific information.
However, financial news agency Thompson Reuters aims to change that. The company has released a new service called Reuters Insider, billed as a YouTube for stock traders, investors, and financial gurus across the world. Available in a range of formats, the channel’s high-end packages can cost as much as $2,000 monthly.
And for many traders, that could be a great deal. Financial employees have demonstrated interest in the service already, with many industry analysts touting the video production and display system as an innovation in line with Bloomberg’s terminal system.
Digital video production is relatively limited in the financial services industry, where ultra-quick turnaround and action times render long-term information irrelevant. With over 150 service providers signed on for Reuters Insider, the ‘YouTube of Finance’ could well change that. Buyers plan to make use of the service’s industry-specific information, limiting the demand for more general financial television and summarised business programmes.
Tags: Video Production