Will the way the news is released be changed in the future?

Hi, I'd like to have a discussion about the current way that news are released.

Right now, we get scheduled news which are mostly embargoed, meaning it can't be released to anyone until a certain time. I believe this is enforced by the government?

Will this way of releasing news be changed in the future? Is it possible for news to be released at random, non-scheduled times? What are the reasons for and against this idea?

Will news always have some form of impact on the markets? I'd like to think yes.

Anyone have any information about how news were released in the past? 10, 20 years ago?

What do you guys think?

The question should be: will the traders continue to trade the news ?

The market movement isn't due to the news but to the traders reaction ...

I agree, I didn't say otherwise.

I am asking about the release of news and what other people think.

I think the news releases have more to do with schedule than embargo, due to the significance of some data it makes sense to only release it when a thorough conclusion is reached. If you think about how most major releases are made at the moment via the flash/preliminary, estimate, final stages... you could say news is released as fast as possible but to a schedule which actually allows the analysis to be performed.

No, it shouldn't be.

There isn't really a standardized set of rules as to how news is released, every data source has its own way of doing things. In the USA alone news is released by the Federal Reserve, Department of Labor, Bureau of Labor Statistics, Energy Information Administration, Treasury Department, Census Bureau, ADP Inc., Bureau of Economic Analysis, and any Fed/Treasury official who decides to open his cakehole. All those departments don't work together, they do their own thing and make their own rules. Every other country has the same smorgasboard of statisticians and spokesmen doing their thing too. Like Ferru said, it's not the news that moves price, it is people buying and selling in reaction to the news - and that wont change, no matter how the news is released.

Thanks you guys. I got the answer to my questions

Other people can also add to the discussion, of course.

Well it's a pretty silly question to be honest, fund managers need a time for important data so they can manage their positions appropriately. If data was randomly released there would be no market (liquidity) because it would simply be too risky to be exposed. How would I know when to hedge, when to get flat, when to commit? I wouldn't..

What made you come up with such a ridiculous question?

Fear?