[whitej125]

TR will not disappear. But their value to the market was "data + interface to said data" and that value prop is quickly eroding to "just the data".

You can be a huge, profitable data-only company... but it's likely going to be smaller than a data+interface company. And so, shareholder value will follow accordingly.

[palmotea]

Seems like they should hold tight to that data (and not license it for short-term profit), so customers have to use their interface to get at it.