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Mohammad waris

• Contemporary World Media

News Wires

• A news agency is an organization of Journalists established to supply news reports to news organizations: newspapers, magazines, radio and television broadcasters.

• Such an agency may also be referred to as a wire service, newswire, or news service.

• All mass media depend upon the agencies for the bulk of the news, even including those few that have extensive news-gathering resources of their own.

News Wires• News outlets may subscribe to agencies differently. They

may subscribe in full or different segments like sport, business, entertainment etc.

• Big news groups like Dawn, the News and Business Recorder etc. have fully subscribed different services.

• Photographs and videos cost additionally.• Annual full subscription might be around US$ 4k to 5k.

AFP is the cheapest.

News Agencies

• Why News Wires when newspapers and channels usually have their own reporting resources?????????

Why News Agencies

• Open any major daily newspaper and you will see that much of the news, particularly international or ‘foreign’ news, comes from agencies such as Reuters. This is because most papers only have a handful of journalists based in countries other than the one they publish in.  Agencies, however, have large networks of correspondents, photographers and cameramen around the world.

• International news agencies tend to focus on the major stories of any country – those that are likely to be of interest beyond that country’s boundaries.  Example???

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Reuters• Reuters is an international news agency headquartered in Canary Wharf, London,

England, United Kingdom and a division of Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the acquisition of Reuters Group by the Thomson Corporation in 2008, the Reuters news agency has been a part of Thomson Reuters, making up the media division. It transmits news in English, French, Arabic, Spanish, German, Italian, Portuguese, Russian, Japanese, Korean and Chinese.

•  • The Reuter agency was established in 1851 by Paul Julius Reuter in Britain at the

London Royal Exchange. 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. These publications brought much attention to Reuter. He later developed a prototype news service in 1849 in which he used electric telegraphy and carrier pigeons. The Reuter's Telegram Company was later launched. The company initially covered commercial news, serving banks, brokerage houses, and business firms.

Reuters Example

• Reuters is the world largest international news agency, with over 2400 staff in about 150 different countries.  It is a wholesaler of news – in the form of text stories, photographs and video footage – to the media industry. 

• Clients pay a subscription which entitles them to use Reuters news stories, pictures or video footage in their papers, magazines, websites or news bulletins.

Reuters Example

• Whatever medium the journalist is working in – text, pictures or video – he or she needs to check their facts. 

• If it’s a text story the journalist will ring the subject of a story and ask for an official comment.  They will probably ring a few experts to get their opinions.

• Unlike newspapers, agencies never give their spin to a story, their job is to report the facts and the reaction to them. 

• Both photographers and cameramen also have to check their facts so they can write the accompanying caption or script to go with their photos or video footage.

Reuters Example• Before the news is transmitted to clients it is checked by

an editor to ensure the facts are correct and that it doesn’t conflict with anything already published by the agency on that story. 

• Unlike newspapers there is no need to cut the story or crop the picture to fit it to a page.  The whole story or complete picture is published to the clients who then choose how much or how little of it to use. 

Reuters Example• Deadlines don’t exist at agencies and they write the story

or produce the pictures or video as soon as they can after an event. 

• Because Reuters is based in so many countries around the world, there’s a steady stream of news pouring through 24 hours a day, seven days a week.

THOMSON REUTERS: THE FACTS AND THE OPPORTUNITIES

NEWS AND INSIGHT THAT POWERS THE WORLD’S MARKETS AND MEDIA

TODAY..

REUTERS NEWSWith 2,900 journalists

reporting from nearly 200 bureaus in 20 languages, Reuters is the world’s biggest, and most global, news organization

Its trusted content provides news, insight and analysis to over a billion people every day and is a vital component embedded in our professional products and services

200 BUREAUS WITH 2,900 JOURNALISTS(Yawalapiti children play by a photographer during Quarup, a ritual to honor the death of an important person in Xingu National Park, Brazil.)

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BREAKING NEWS FROM 1,500+ LOCATIONS IN 20 LANGUAGES (Reuters investigated the development and production costs of General Motors’ loss-making electric car, the Chevy Volt, prompting a rare response from the automaker).

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FINANCIAL AND POLITICAL NEWS (Spain's Prime Minister Mariano Rajoy briefs journalists at a two-day European Union leaders summit in Brussels in June, 2012. )

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A REUTERS TRAINEE IN ACTION! (Reuters trainee Draz Jorgic (left) in a media scrum after then-Spurs manager Harry Redknapp was acquitted by a London court of tax evasion, Feb 2012. )

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IN-DEPTH AND INSIGHTFUL REPORTING

(Emergence of the new nation of South Sudan)

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AWARD-WINNING JOURNALISM(Reuters was the only news organization on the plane with Muammar Gaddafi’s son Saif al-Islam Gaddafi after he was captured and flown out of Zintan.)

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AWARD-WINNING NEWS, PICTURES, TV

World Cup Football match Netherlands vs Uruguay – by Mike Hutchings of South Africa. 1st prize World Press Photos Sports

FIRST IN WHITE HOUSE PHOTOGRAPHERS ASSOCIATION

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PHOTOGRAPHER OF THE YEAR – GORAN TOMASEVIC

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WHY REUTERS? Our Strong Brand

With 160 years experience, Reuters delivers news and insight that powers the world’s markets and media.

Built on the principles of independence, integrity and freedom from bias coupled with speed, accuracy, and market impact

REUTERS HISTORY ..

FIRST TO CAPTURE HISTORY ..

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Lincoln’s assassination 1865

CAPTURE OF SADDAM HUSSEIN 2003

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GADDAFI’S CAPTURE & DEATH 2011

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FACEBOOK FILES $5 BLN IPO 2012

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REUTERS NEWS DIVISION

2,900 employees worldwide

2,000 text journalists

600 TV journalists and photographers

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WHY REUTERS? 2.4 million news stories a year 1 million market-moving alerts/yr 1,600 picture images per day 97,000 video stories per year

Unmatched coverage

About 400,000 finance professionals 600 TV, 1,700 media, 1,000 pix clients 35 mln visits monthly to our websites

Customers

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Organization REUTERS We are the world’s most trusted news

organization Thomson Reuters is the world’s leading source of

intelligent information for businesses and professionals

We combine industry expertise and innovative technology to deliver critical information to leading decision makers

We serve professionals in the financial and risk, legal, tax and accounting, intellectual property and science and media markets

GLOBAL PRESENCEemploy about 60,000 people and operate in over 100 countries

REUTERS/Darren Staples

The Top 10 Locations Ranked by Numbers of Employees are:

1. Eagan MN, U.S.A.2. Bangalore, India3. London, U.K. 4. New York NY, U.S.A.5. Manila, Philippines

6. Hyderabad, India7. Beijing, China8. Bangkok, Thailand9. Buenos Aires, Argentina10. Toronto ON, Canada

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OUR BUSINESS MODEL

MEDIA: $0.3 bln

Reuters news and information reaches one billion people daily

FINANCIAL & RISK: $7.2 bln

Provides financial applications for over half a million professionals globally

LEGAL: $3.4 bln

TAX & ACCOUNTING: $1.1 bln

IP & SCIENCE: $852 mln

MARKETS DIVISION: $7.5 BILLION

PROFESSIONAL DIVISION: $5.4 BILLION

Europe, Middle East & Africa30%

Asia12%

Americas58%

Listed on the NYSE, TSX 2011 Revenue - $12.9 bln

REVENUE BY REGION

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CAREER OPPORTUNITIES IN NEWS

Reuters Journalism Programme

Reuters Global Journalism Internships

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GET TRAINED, GET PAID, GET HIRED

The Reuters Journalism Programme

brings together talented journalists and journalists-to-be from around the world

provides 9 months of intensive classroom and hands-on experience in London, New York and Singapore

pays trainees in the programme offers staff roles to those who meet Reuters rigorous

standards and mentors to help guide their careers UTERS JOURNALISM TRAINEE PROGRAM(ME)

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REUTERS GLOBAL JOURNALISM INTERNSHIPS Train with the world’s largest international multimedia news agency Work with seasoned reporters and editors Prove yourself in fast-paced newsrooms around the world

The Reuters Global Journalism Internships offer talented students and graduates a summertime crash course in hands-on business, political and general news reporting. Interns have the opportunity to learn and shine in our bureaus internationally.

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WHERE?AMERICAS - Ten weeksIn New York City, Washington D.C., Chicago, Los Angeles, Sao Paulo, Mexico City

EUROPE - Six weeksLondon

ASIA - About eight weeksSingapore, Hong Kong, Tokyo, Beijing

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WHAT ARE WE LOOKING FOR? Students or recent graduates who are passionate about news and

quick learners Strong academic record in journalism, economics, business, law,

accounting, languages or computer science Journalism experience Fluency in English and excellent writing and communication skills Good mathematics skills Legal right to work in the country of the application

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Thank you Gays