Reuters Group has signed an agreement to provide the International Herald Tribune with news for the paper’s business section, hammering out a new revenue-sharing model, reports the Wall Street Journal. The Paris-based newspaper will share revenue with Reuters from advertising that appears adjacent to the articles in its print and web editions instead of paying Reuters a subscription fee to run its news, which is the typical arrangement for newspapers and wires services. The unusual arrangement, which begins Jan. 7, shows how media organisations are experimenting with ways of generating revenue when news is freely available on the web and in free newspapers often given to morning commuters in cities across Europe.

