Reuters Insider is a website provided by Thomson Reuters

Thomson Reuters

Thomson Reuters Corporation is a provider of information for the world's businesses and professionals and is created by the Thomson Corporation's purchase of Reuters Group on 17 April 2008. Thomson Reuters is headquartered at 3 Times Square, New York City, USA...

 that offers financial videos for viewing online, and launched on May 11, 2010. Visitors can view videos free-of-charge during the current promotional period, after which the website will only be accessible to Reuters subscribers, who typically pay about US$2,000 per month. The website has been described as "YouTube

YouTube

YouTube is a video-sharing website, created by three former PayPal employees in February 2005, on which users can upload, view and share videos....

 for traders". Video from the website is created by Thomson Reuters' own reporters, as well as the company's roughly 150 partners.

Thomson Reuters spent about $100 million to develop the website. Reuters Insider is targeted towards financial experts, while Thomson Reuter's primary competitor, Bloomberg L.P.

Bloomberg L.P.

Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...

, has begun to focus more on targeting the average consumer by purchasing business magazine BusinessWeek

BusinessWeek

Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...

. The website is part of an overall $1 billion plan by the company to update its technology to make financial information accessible to more users.