Thomson Reuters

Thomson Reuters Corporation (/ˈrɔɪtərz/) is a major multinational mass media and information firm founded in Toronto, Ontario, Canada and based in New York City and Toronto. It was created by the Thomson Corporation's purchase of British-based Reuters Group on 17 April 2008, and today is majority owned by The Woodbridge Company, a holding company for the Thomson family. The company operates in more than 100 countries, and has more than 60,000 employees around the world. Thomson Reuters was ranked as Canada's "leading corporate brand" in the 2010 Interbrand Best Canadian Brands ranking. Thomson Reuters' operational headquarters are located at 3 Times Square, Manhattan, New York City; its legal domicile is 333 Bay Street, Suite 400, Toronto, Ontario.

History

The Thomson Corporation

The company was founded by Roy Thomson in 1934 in Ontario as the publisher of The Timmins Daily Press. In 1953 Thomson acquired the Scotsman newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957 when he won the franchise for Scottish Television. In 1959 he bought the Kemsley Group, a purchase that eventually gave him control of the Sunday Times. He separately acquired the Times in 1967. He moved into the airline business in 1965, when he acquired Britannia Airways and into oil and gas exploration in 1971 when he participated in a consortium to exploit reserves in the North Sea. In the 1970s, following the death of Lord Thomson, the company withdrew from national newspapers and broadcast media, selling the Times, the Sunday Times and Scottish Television and instead moved into publishing, buying Sweet & Maxwell in 1988. The company at this time was known as the International Thomson Organisation Ltd (ITOL).

Thomson

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