(A PDF file…download here…interview starts end of page 1) An interview with David Shaffer, CEO of Thomson Financial, on the company’s decision to divest out of magazines and focus the business on online financial info and databases, besides other issues…
It is funny how he “disses” Internet on every turn of this interview, and them embraces it later during the interview….of course, he realizes his whole business is impinged about electronic delivery…”I think, for the most part, the Internet has not changed the market dynamics because businesses
that needed data to be able to create products and to interact with their clients still need that data. The Internet simply provided another mechanism
deliver the information. And in some instances it is a viable mechanism and in
others it isn’t a viable mechanism. So within the financial services industry,
there
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