Washington Post and Bloomberg: New news service

The media companies The Washington Post and Bloomberg plan to launch a joint news service in January for newspapers, websites, and other subscribers. The service is expected to distribute a selection of 120 news stories, photos, and graphics each day.

A joint business page is to be created on the Washington Post's homepage, as the two companies announced on Thursday. The Post had announced the previous day that the news service, which had been operated jointly with the Los Angeles Times for almost 50 years, would be terminated.

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