2012-08-19reuters.com

``In the end, customers did not want to buy what Goldman was selling. Research firms said they gained just a handful of clients from the platform. In a statement for this article, Goldman said, "Hudson Street no longer exists for the simple reason that weak demand from our clients did not warrant continuing the effort."

Spitzer compared the independent research industry's current dilemma with that of media companies battling against free news articles on the web. "People want the content, they don't want to pay for it," he said in a recent interview with Reuters.''



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