A rift between the London Stock Exchange Group and Reuters has opened up over the media company’s plans for a new paywall, which the London bourse claims is in breach of a 30-year agreement in the sale of its news to data provider Refinitiv.
An LSEG letter to Reuters, dated 13 May and seen by Financial News, MarketWatch and Barron’s, argues that the news provider’s April announcement of a plan to charge for content was “not permitted” under the terms of the 2018 Refinitiv sale.