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LSE warns Reuters that paywall breaches Refinitiv deal terms

A row has broken out between the London Stock Exchange-owned data provider Refinitiv and Reuters over a 2018 news agreement

An LSEG letter to Reuters argues that the news provider’s April announcement of a plan to charge for content is not permitted
An LSEG letter to Reuters argues that the news provider’s April announcement of a plan to charge for content is not permitted Photo: MarketWatch photo illustration/Getty Images

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. 

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