This book overviews and reconsiders media organizations - the news agencies - which report and film the news for the press and broadcast media. Incorporating institutional, historical, political economic and cultural studies perspectives, the book: reviews agency provision of general news, video news and financial news; analyzes agency-state relations through periods of dramatic social upheaval; and critically examines the impact of deregulation and globalization on the news agency business. Contributors consider how leading players like Reuters and Associated Press help to define the nature of both the Global and the Local as well as focusing on the network of relations between international and national agencies. The book
Chapter 11: What Makes News
What Makes News
This chapter looks at three ostensibly unrelated objects: how news agencies assess their own output and that of their competitors; agency assessments from and about Russia at the beginning and the end of the 20th century; and the nature of news as a product, in the light of critiques of capitalism and of observations formulated day by day, by news agency journalists striving to show colleagues how to improve on yesterday's performance. Like a Chagall painting, or Shakespeare's King Lear, a sub-plot highlights the main theme – how standards of news values, categories and presentation developed by late 19th-century newsmen (accuracy, impartiality, speed and ‘colour’) set the canons of ‘factual reporting’ that would spread worldwide, even, ultimately, to Russia.
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