Dow Jones Newswires Dumps Associated Press for AFP

Authored by Mark Hefflinger on March 19, 2008 - 12:44pm.

New York - News Corp.'s (NYSE: NWS) Dow Jones & Company announced that it will not renew the news partnership between its Dow Jones Newswires and the Associated Press, and instead has signed a deal to distribute editorial content from rival Agence France-Presse (AFP). The company noted that the deal does not affect agreements between AP and The Wall Street Journal and Dow Jones Factiva. Dow Jones Newswires publishes up to 12,000 items each day, reporting from nearly 90 bureaus worldwide. The company said it also plans to expand its global editorial staff, and that the changes are part of its broader strategy to invest in its global financial news operations.

 

Related Links:
http://snipurl.com/2268j

http://www.afp.com

http://www.djnewswires.com

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