Reuters and Pluck have announced a strategic partnership aimed at syndicating third-party blog content as part of Reuters news and information service. In return for its $7 million investment in Pluck, Reuters will receive an undisclosed share of ownership of the company.
The BlogBurst service from Pluck will pay people who place highly on its leaderboard of active bloggers, but there is a catch that has participants concerned.
Prominent online newspaper sites like SFGate.com from the San Francisco Chronicle and other began displaying blog content provided by Pluck's BlogBurst syndication service.