Reuters CEO Speech

Jeff Jarvis live-blogged a speech by the CEO of Reuters, Tom Glocer:

He says that media historians will see the acquisition of MySpace by News Corp as a turning point. Sites like Myspace are rebuilding our world because they provide a means for anyone who has anything to share to do so. What we are seeing today is an almost continuing talent show.

Technology is creating a kind of weird, hybrid world of mashups, he says. He recognizes a demand for this new kind of creativity and there is also an advertising demand for it.

What has really changed is the nature of publishing, a Gutenbergian transformation that involves both tools and distribution.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.