Thomson Reuters is selling a 51% stake in its global print business to U.S. investment firm KKR for US$500 million as the company shifts its focus toward software and artificial intelligence. While Thomson Reuters will retain a 49% stake, along with editorial control and intellectual property rights, the deal allows the company to reinvest in its higher-growth digital businesses.

The print division, which provides legal and professional publications in print and e-book formats, has seen revenue decline as customers increasingly adopt digital alternatives. In contrast, Thomson Reuters now generates most of its revenue from AI-powered software for legal, tax, accounting, and corporate professionals, investing more than US$200 million annually in AI development.

For Canada's job market, the move reflects the growing demand for workers with digital, AI, and software expertise while traditional publishing roles continue to shrink. As more Canadian companies prioritize technology-driven services, professionals with skills in artificial intelligence, data, software development, and digital content are likely to find stronger employment opportunities than those focused on print-based industries.

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James Bradshaw’s original article, “Thomson Reuters sells majority stake in shrinking print business to KKR” was published in Globe and Mail News on July 14, 2026. Read the Full Globe and Mail News story

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