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It’s No Longer ‘Content Is King’ But Instead ‘Ownership Is King’
Philip M. Stone November 16, 2007
CNN International has announced it has taken the near $10 million that Reuters wanted for its various services and has used that money to expand its own reporting structure. What it has done is give up an organization with 2,400 editorial staff in 196 bureaus in 131 countries in order to add 15 to 16 correspondents to its existing staff of 150, plus develop some of its digital infrastructure.
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