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A news agency is an organization that gathers news reports and sells them in to subscribing news organizations, such as newspapers, magazines and radio and television broadcasters. News agencies are known for their press releases. A news agency may also be referred to as a wire service, newswire, or news service. Although there are many news agencies around the world, three global news agencies, Agence France-Presse (AFP), the Associated Press (AP), and Reuters have offices in most countries of the world, cover all areas of media, and provide the majority of international news printed by the world's newspapers. All three began with and continue to operate on a basic philosophy of providing a single objective news feed to all subscribers. Jonathan Fenby explains the philosophy: To achieve such wide acceptability, the agencies avoid overt partiality. Demonstrably correct information is their stock in trade. Traditionally, they report at a reduced level of responsibility, attributing their information to a spokesman, the press, or other sources. They avoid making judgments and steer clear of doubt and ambiguity. Though their founders did not use the word, objectivity is the philosophical basis for their enterprises – or failing that, widely acceptable neutrality. Newspaper syndicates generally sell their material to one client in each territory only, while news agencies distribute news articles to all interested parties. Only a few large newspapers could afford bureaus outside their home city; they relied instead on news agencies, especially Havas (founded 1835) in France—now known as Agence France-Presse (AFP)—and the Associated Press (founded 1846) in the United States. Former Havas employees founded Reuters in 1851 in Britain and Wolff in 1849 in Germany. For international news, the agencies pooled their resources, so that Havas, for example, covered the French Empire, South America and the Balkans and shared the news with the other national agencies.

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News agency

Reuters

Reuters (ˈrɔɪtərz, ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848.

Associated Press

The Associated Press (AP) is an American not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are distributed to its members, U.S. newspapers and broadcasters. Since the award was established in 1917, the AP has earned 58 Pulitzer Prizes, including 35 for photography. It is also known for publishing the widely used AP Stylebook.

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