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 2: ‘Global’ News Agencies
‘Global’ News Agencies
In this chapter I shall review the prevailing features of the major ‘global’ news agencies, with a view to answering the following question: on the eve of the 21st century can we say that the major news agencies are significantly different than they (or their predecessors) were at the turn of the 20th century or before?
The global agencies are organizations whose main raison d'etre is to gather and to-sell news throughout the world for the benefit of ‘retail’ media (newspapers, broadcasters, on-line suppliers) and other outlets (business, finance institutions, governments, private individuals). The leading agencies of the 1990s are generally acknowledged to be Agence France-Presse, Associated Press, and Reuters. Two of these organizations, AP and Reuters, are involved in services ...