International News Agencies

Reuters

• Founded by the Paul Julius Reuter (A German National) in 1851
• From the 1860 -1914; Reuters was an imperial
  organization, the semi-official institution of the British Empire
• From the American Civil War to the assassination of Abraham Lincoln, Reuters was the first to break the news and thereby it established a reputation of being a credible deliverer of information in real time
• It is a major provider of commercial information like foreign exchange rates, stock exchange prices, commodity prices etc.
• Reuters is listed on both the London and New York stock exchange
• Reuters receives only 10% of its revenues from the subscription, whereas the 90% of it comes from the clients of its financial services
• Headquartered in London, the organization was acquired by the Thomson Corporation in 2008 and is now owned by Thomson Reuters

Associated Press (AP)

• AP is a non-profit cooperative organization established in 1846 in NewYork
• AP was created by the coalescing of 5 dailies and is now owned by a large number of US newspapers and radio and T.V. Stations
• It operates 243 bureaus in nearly 120 countries, with an international staff located worldwide
• It is sustained by the subscription fees that it charges its media clients
  spread all over the world
• Its website claims that on any given day more than half of the world’s population consumes the news provided by AP
• Associated Press also operates the Associated Press Radio Network, which provides newscasts twice an hour and offers news and public affairs features, feeds of news sound bites, and long form coverage of major events. It also operates Associated Press Television News (APTN), a global video news agency.

Agence France-Presse (AFP)

• AFP is an oldest international news agency headuartered in Paris
• AFP has regional offices in Nicosia, Montevideo, Hong Kong, and Washington, D.C., and bureaux in 150 countries
• It transmits news in French, English, Arabic, Portguese, Spanish & German
• AFP is a non profit autonomous public corporation chartered under a specific 1957 law, operating commercially and independently of the French government
• AFP is administered by a CEO and a board comprising 15 members; among them 8 are representative of the French Press, 2 are AFP personnel, 2 are from public services of Radio and Television and 3 are from the public service subscribing to the agency, named by prime minister, minister of finances and minister of foreign affairs. The board elects the CEO for a renewable term of 3 years
• The primary client of AFP is the French Government, who purchases subscription for its various services. In practice, those subscription are somewhat a subsidy to AFP