Holy crap...who is this audience? NYT is $4/month, WAPO is $4-6/month, etc.
Edit: Ah, okay, intro pricing that shifts to ~$17/month after a year. Still, though, that's half of this proposed pricing.
I don’t know much about the journalism business, but I expect Reuters is catering towards a smaller, premium audience that reads a lot of straight news but doesn’t care so much about criticism, commentary, and so on. In particular: reporters and academics, for whom this will be a business expense.