---
title: "AI Licensing Deals Could Save Quality Journalism Says Reuters Boss Hasker"
publisher: "Stockmark.IT"
author: "Stockmark.IT Website"
published: "2024-12-03T05:52:53+00:00"
modified: "2024-12-03T05:52:53+00:00"
date: 2024-12-03
canonical: "https://stockmark.it/ai-licensing-deals-could-save-quality-journalism-says-reuters-boss-hasker/"
category: "Artificial intelligence"
categories: ["Artificial intelligence", "Media", "Technology"]
image: "https://i0.wp.com/stockmark.it/wp-content/uploads/1733059921759_SWytOJF3.jpg?fit=1024%2C576&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# AI Licensing Deals Could Save Quality Journalism Says Reuters Boss Hasker

**Published:** December 3, 2024
**Author:** Stockmark.IT Website
**Categories:** Artificial intelligence, Media, Technology
**Featured image:** ![Rolled-up newspaper with headline "Newspaper Cutle" and pen. from Stockmark.it](https://i0.wp.com/stockmark.it/wp-content/uploads/1733059921759_SWytOJF3.jpg?fit=1024%2C576&quality=89&ssl=1)

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Thomson Reuters’ chief executive Steve Hasker has emphasised the critical role of AI licensing agreements in safeguarding quality journalism, whilst cautioning media organisations to remain vigilent about their intellectual property rights.

The news industry’s traumatic experience with technology companies over the past quarter-century has prompted Hasker to advocate for a careful approach to AI partnerships. His organisation has already secured several significant licensing arrangements, including a notable collaboration with Meta Platforms, whilst implementing OpenAI’s technology in their legal assistant tool, CoCounsel.

Reuters’ unique position as a provider of unbiased, triple-verified news content makes it particularly valuable for training AI models. “Our news is free of bias. It is independent. It’s fact based,” Hasker explained, highlighting the organisation’s commitment to factual reporting rather than opinion-based content.

The company’s strategic investment in AI has doubled from £100 million in 2023 to £200 million this year, reflecting its commitment to technological advancement. With £10 billion earmarked for potential acquisitions until 2027, Thomson Reuters is positioning itself at the forefront of media innovation.

The Australian-born CEO drew parallels between the current tech landscape and the aftermath of the dotcom bubble, predicting the emergence of new industry leaders by late 2025. The organisation’s practical application of AI in financial journalism has already begun, with automated systems handling initial drafts while maintaining human oversight for quality control.

Thomson Reuters’ share price has demonstrated strong performance, recording a 16 per cent increase over the past year. The company’s balanced approach to AI integration, combining technological efficiency with journalistic integrity, could provide a blueprint for the future of news media.

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**Original URL:** https://stockmark.it/ai-licensing-deals-could-save-quality-journalism-says-reuters-boss-hasker/
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