The company needs to manage
"continually rising costs" of outside content, he adds, and that means "changes to some longstanding business relationships." CNN will continue to use material from Associated Press and Associated
Press Television News, a spokeswoman says, declining to discuss how much Reuters had cost.
"However, we have a multi-million dollar investment plan in place for international newsgathering that will increase the number of resources we have around the world," she adds.
advertisement
advertisement