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

The Struggle for Control of Domestic News Markets (1)

The struggle for control of domestic news markets (1)
TerhiRantanen

It is probable that before many months are over, telegraphic communication will be established with Great Britain in a form so perfect that what happens in the metropolis of the Empire will be known in its extremities in one or two days or in fact in a few hours, according to the arrangement rather than distance. (Sydney Morning Herald, 26 May 1871)

The relationship between global and local is becoming an essential focus in study of the globalization of news. Most articles in this volume concentrate on very recent developments, but the process of news globalization had begun already in the 19th century when electronic news was commodified (Rantanen, ...

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