While looking at Q post #1871, I decided to poke around because I remember hearing years ago about some connections concerning how the news is disseminated. Looked up AP and found this which I thought was really strange and not what I expected as a definition of what a "news" organization used to/ or ought to be.

"The Associated Press (AP) is a U.S.-based not-for-profit news agency headquartered in New York City."

When you hold the cursor over the definition of "not-for-profit" it says this: "A nonprofit organization (NPO), also known as a non-business entity[1] or nonprofit institution,[2] is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings."

Seriously? Blatant propaganda. What happened to reporting the facts? When did it become, "furthering a particular social cause?"

Sauce link. Yeah I know it's wiki but it isn't ALL wrong info. https://en.wikipedia.org/wiki/Associated_Press

Doing some more digging, Reuters next.

>>2606241

Thomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group in April 2008,[7] and is majority owned by The Woodbridge Company, a holding company for the Thomson family.[8] Thomson Reuters was ranked as Canada's "leading corporate brand" in the 2010 Interbrand Best Canadian Brands ranking.[9] Thomson Reuters operates in more than 100 countries, and has more than 45,000 employees.[3]

The Woodbridge Company Limited is a Canadian private holding company based in Toronto, and the principal and controlling shareholder (62.35%) of Thomson Reuters.[1] Thomson Reuters was formed in 2008, when The Thomson Corporation acquired Reuters. David Binet is the President and Chief Executive Officer of the company.

In late 2010, Woodbridge sold its 40% interest in CTVglobemedia, a Canadian multimedia company with ownership of CTV, to BCE Inc.. The company held the largest (85%) interest in The Globe and Mail Inc. until August 2015, when it obtained 100% of The Globe and Mail by acquiring the remaining 15% owned by BCE.[2]

Woodbridge is the primary investment vehicle for members of the family of the late Roy Thomson, the first Baron Thomson of Fleet.[3] David Thomson and his brother, Peter Thomson, became chairmen of Woodbridge upon the death of their father, Kenneth Thomson, in 2006.

According to Canadian Business magazine, Sherry Brydson (child of Irma Thomson, one of Roy Thomson's two daughters) holds the largest stake in the family company.[4] It is estimated that she holds 23.47% of the company's shares.[4][5]

David Kenneth Roy Thomson, 3rd Baron Thomson of Fleet (born 12 June 1957) is a Canadian hereditary peer and media magnate.[1] Upon the death of his father in 2006, Thomson became the chairman of Thomson Corporation and also inherited his father's British title, Baron Thomson of Fleet. After the acquisition of Reuters in 2008, Thomson became the chairman of the merged entity, Thomson Reuters.

As of July 2018, Thomson is listed as one of the wealthiest people in the world, with an estimated net worth of $25 billion.[2]

https://en.wikipedia.org/wiki/Thomson_Reuters_Foundation

https://en.wikipedia.org/wiki/Thomson_Reuters

https://en.wikipedia.org/wiki/Reuters

>>2606285

Yup, yup.

>>2606339

Moar.

The Thomson-Reuters merger transaction was reviewed by the U.S. Department of Justice and by the European Commission. On February 19, 2008, both the Department of Justice and the Commission cleared the transaction subject to minor divestments.[17] The Department of Justice required the parties to sell copies of the data contained in the following products: Thomson's WorldScope, a global fundamentals product; Reuters Estimates, an earnings estimates product; and Reuters Aftermarket (Embargoed) Research Database, an analyst research distribution product. The proposed settlement further requires the licensing of related intellectual property, access to personnel, and transitional support to ensure that the buyer of each set of data can continue to update its database so as to continue to offer users a viable and competitive product.[18] The European Commission imposed similar divestments: according to the Commission's press release, "the parties committed to divest the databases containing the content sets of such financial information products, together with relevant assets, personnel and customer base as appropriate to allow purchasers of the databases and assets to quickly establish themselves as a credible competitive force in the marketplace in competition with the merged entity, re-establishing the pre-merger rivalry in the respective fields."[19]

These remedies were viewed as very minor given the scope of the transaction. According to the Financial Times, "the remedy proposed by the competition authorities will affect no more than $25m of the new Thomson Reuters group’s $13bn-plus combined revenues."[20]

The transaction was cleared by the Canadian Competition Bureau.[21]

In November 2009, The European Commission opened formal anti-trust proceedings[22] against Thomson Reuters concerning a potential infringement of the EC Treaty's rules on abuse of a dominant market position (Article 82). The Commission investigated Thomson Reuters' practices in the area of real-time market datafeeds, and in particular whether customers or competitors were prevented from translating Reuters Instrument Codes (RICs) to alternative identification codes of other datafeed suppliers (so-called 'mapping') to the detriment of competition. In December 2012, the European Commission adopted a decision that renders legally binding the commitments offered by Thomson Reuters to create a new licence ("ERL") allowing customers, for a monthly fee, to use Reuters Instrument Codes (RICs) in applications for data sourced from Thomson Reuters' real time consolidated datafeed competitors to which they have moved.[23]

https://www.reuters.com/article/us-reuters-thomson-idUSWBT00840720080219

https://en.wikipedia.org/wiki/Thomson_Reuters

https://www.justice.gov/atr/case/us-v-thomson-corp-and-reuters-group-plc

https://ec.europa.eu/competition/elojade/isef/case_details.cfm?proc_code=2_M_4726

https://ec.europa.eu/competition/publications/cpn/2008_2_61.pdf