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Concept
The Canadian Press
Summary
The Canadian Press (CP; La Presse canadienne, PC) is a Canadian national news agency headquartered in Toronto, Ontario. Established in 1917 as a vehicle for the time's Canadian newspapers to exchange news and information, The Canadian Press has been a private, not-for-profit cooperative owned and operated by its member newspapers for most of its history. In mid-2010, however, it announced plans to become a for-profit business owned by three media companies once certain conditions were met.
Over the years, The Canadian Press and its affiliates have adapted to reflect changes in the media industry, including technological changes and the growing demand for rapid news updates. It currently offers a wide variety of text, audio, photographic, video and graphic content to websites, radio, television, and commercial clients in addition to newspapers and its longstanding ally, the Associated Press (AP), a global news service based in the United States.
Initially, Canada had only region-based news associations, lacking a national wire service. The Canadian Press was created by an act of Parliament as a news co-operative, with an annual government grant from 1917 to 1924, for the purpose of helping newspapers cover and distribute news across the country. Initially operating as a distribution network, its first editorial staff came on board during World War I to report on the efforts of Canadian soldiers overseas.
During World War I, CP began operating Press News Limited, a radio news subsidiary. In 1944, Press News served 35 of 90 radio stations in Canada, had a five-person staff in Toronto, and an annual budget of . In 1945, CP established a French-language radio news service, the first such wire service for French broadcasters in North America. CP Picture Service was established in 1948, to wire photographs to television stations and newspapers in Canada, instead of the images being mailed via the postal service. The Canadian Press operates in both English and French, the latter service being established in 1951 as La Presse Canadienne.
Official source
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