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Reuters is very often used and quoted in parliamentary hearings, google updates and different news outlets. Many people say that this is because of the "independent " nature of reporting of Reuters. But how is this so? What makes Reuters different from the other news channels?

Schwarz Kugelblitz
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5 Answers5

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The Reuters organization a news agency, not a news media organization. That means their primary function is to collect news from across the globe and deliver it to newspapers, magazines, news shows, and other media sources, who then present it to the public. As such, they have an incentive to be impartial, because impartiality maximizes their client base: even biased news organizations want unbiased raw material. News media sources can get away with a slant on the news because they try to appeal to specific demographics in the general population; news agencies cannot afford that. Further, Reuters has an established policy of value-neutral reporting, and a very long track-record (they were founded in 1851) of sticking to it. Those things build trust.

They've had a few scandals over time — see their Wikipedia page for details — but nothing that shakes their otherwise solid reputation.

Ted Wrigley
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    No, Reuters is not only a news agency. It's also a market data provider. In fact, its market data business might be a larger source of its revenue than its news business. But leaving that aside, it is first and foremost a publicly traded company. Its 1st responsibility is to its shareholders. – wrod Mar 19 '22 at 06:10
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  • The same things that incentivize news sources to pander to a certain demographic rather than "maximize their client base" apply to reuters wrt its clients: focusing on stories that the more lucrative clients want, avoiding stories that turn off powerful clients, etc. 2. This answer assumes biased reporting is conscious and can be controlled in the interest of profit maximization. True at times but usually what is regarded as biased the source views as thoroughly objective/obvious.
  • – Hasse1987 Mar 19 '22 at 23:14
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    @Hasse1987: The question asks why Reuters is considered independent and unbiased. The answer is that Reuters has made a policy and practice of being independent and unbiased. They could have chosen to do otherwise, in which case they wouldn't have that reputation. Bias is not necessarily conscious, sure, but the choice to be unbiased necessarily is. Please don't indulge speculation to the exclusion of observable reality. – Ted Wrigley Mar 19 '22 at 23:40
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    There is a problem with your answer or with Wiki: Wiki includes BBC and CNN and Fox News as News Agencies too: https://en.wikipedia.org/wiki/List_of_news_agencies#A%E2%80%93M – bandybabboon Mar 20 '22 at 10:29
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    @LifeInTheTrees using the answer's definition of a news agency, it would exclude the BBC, CNN, Fox and Tass (comment above). This is an operational definition. CNN and Fox would be considered News Media Organizations in his operational definition. Both TASS and the BBC are organs of a government. The same is true for Voice of America or Radio Free Europe. You could alter definitions quite a bit and cut them up other ways. However, his answer would survive operationally. – Dave Harris Mar 21 '22 at 04:12
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    @DaveHarris BBC is not the voice of a government. It happens to be funded by a type of tax but there are many cases of the UK government being criticised by the BBC and vice versa. TASS, VoA and RFE are setup as organs of government. – mmmmmm Mar 21 '22 at 13:02
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    @Hasse1987 That implies a different kind of bias. (Which topics and stories are reported on, vs. how they're reported on.) The existence of different kinds of bias makes the question vague. – Tech Inquisitor Mar 21 '22 at 15:55
  • @TedWrigley and I have a policy of not eating after 9pm. Does that mean I never eat after 9pm? No. A policy is just a governance requirement put on the company by the executives. How, when , and even whether it is enforced is a different matter altogether. It's not a contract. No one owes anyone any money if a policy is broken. Although violating a policy could be cause for dismissal, it doesn't have to be if there are contravening circumstances. – wrod Mar 21 '22 at 23:26
  • @wrod: You seem to have confused the intellectual concept of 'policy' with the social concept of 'trust'. Say two people set the you set the 'no food after 9:00pm" policy. Almost every day Person A is seen eating after 9:00; Person B is caught eating after 9:00 only 6 or 7 times over a decade. They both have the same policy, but Person B can be trusted to follow through while Person A cannot. We doin't trust Reuters merely because they have a policy. We trust Reuters because they have consistently followed through on it. Appeal to Perfection isn't going to work here... – Ted Wrigley Mar 22 '22 at 01:37
  • @TedWrigley I am not appealing to perfection. I am, however, pointing out that policy does not constitute a contract, but merely a set of goals. And, for various reasons, it may not have followed through on those goals on any number of occasions. You may think those to be irrelevant or simply blemishes showing it not being perfect, but I am not sure that they would. Believing in having a higher standard, than the standards which one can actually be said to have, is how one ends up dropping the ball on improving the implementation of the higher standard. – wrod Mar 22 '22 at 02:15
  • @TedWrigley as for the claim that they have "followed through" on the goal of being value neutral, that is an entirely subjective evaluation which you are trying to pass an objective one. The only accurate way to make such a claim is to say according to whom they have "followed through" on this policy. And, if you want to be entirely forthcoming, according to whom they have not "followed through" on that policy. – wrod Mar 22 '22 at 02:22
  • @wrod: Uh... despite what you say, this is almost a picture-perfect example of an Appeal to Perfection fallacy. Basically you're saying that we cannot consider Reuters 'good' because that would inhibit them from achieving 'better-than-good' (i.e., something closer to perfection). But sorry, they are good; they have an exceptionally good track record at enacting this policy. Trust in them is thoroughly deserved, and is the only metric we need of their success. If they have fallen flat here and there across the years, it hasn't been notable or sufficient enough to disrupt that social trust. – Ted Wrigley Mar 22 '22 at 02:29
  • @TedWrigley I am saying that you are passing your opinion as an objective truth and that you are expressing a level of certainty which they themselves do not express. "But sorry, they are good" is an opinion. That's all there is to it. You are asking, or even demanding, that your opinion be taken at face value. – wrod Mar 22 '22 at 02:47
  • @wrod: If you refuse to accept social facts, then everything is an opinion. That's not my issue. – Ted Wrigley Mar 22 '22 at 02:56
  • "Social facts" is not a standard this site accepts. Demanding that you be believed, because it's presumably normal to believe what you are saying at the moment, is not informative. At the very least, you should mention in which circles this assertion is viewed to be a social fact. Simply stating that it is a social fact is not falsifiable. All subjective claims should have their sources attached to them. For subjective claims, their source is part of their essential context. – wrod Mar 22 '22 at 03:15