Reuters News imposes paywall

Reuters News on Thursday unveiled a new subscription website as part of a broad initiative to court business professionals.

In addition to targeting its current global readership, the newly revamped Reuters.com is hoping to attract professional audiences prepared to pay US$34.99 per month for a deeper level of coverage and data on industry verticals that include legal, sustainable business, healthcare and autos.

Reuters.com will remain free for a preview period, but will require users to register after five stories. It is not immediately clear when it will begin charging.

The Thomson Reuters-owned news division now joins a crowded market of major news organizations which already charge for their content.