Oster Launches Real-Time Commodities News, Buys Bridge’s Futuresource Stake

PRODUCT WATCH

CHICAGO--Oster Communications entered the real-time news business last week, with Futures World News (FWN) commodities coverage that essentially replicates much of what was Bridge News’ real-time commodities service. Oster purchased Bridge’s 45 percent stake in Futuresource in mid-August, giving it 100 percent ownership.

According to documents filed with the bankruptcy court in St. Louis, Oster agrees to pay $551,291 to Bridge for the minority interest in Futuresource. Futuresource, Futures W