A 'news agency' is an organization of
journalists established to supply
news reports to organizations in the
news trade:
newspapers,
magazines, and
radio and
television broadcasters. They are also known as 'wire services' or 'news services'.
News agencies can be corporations that sell news (e.g.
Reuters and
All Headline News (AHN)), cooperatives composed of newspapers that share their articles with each other (e.g.
AP), commercial newswire services which charge organizations to distribute their news (e.g.
Market Wire,
Business Wire and
PR Newswire). Governments may also control news agencies, particularly in
authoritarian states, like
China and the former
Soviet Union or non-profit organizations operated by both professionals and volunteers.
Australia,
Britain,
Canada, and many other countries also have government-funded news agencies. A recent rise in
internet-based
alternative news agencies like
Scooplive and
Scoopt, as a component of the larger
alternative media have emphasized a "non-corporate view," as being largely independent of the pressures of
business media.
News agencies generally prepare hard news stories and feature articles that can be used by other news organizations with little or no modification, and then sell them to other news organizations. They provide these articles in bulk electronically through wire services (originally they used
telegraphy; today they frequently use the
Internet). Corporations, individuals, analysts and
intelligence agencies may also subscribe. The business proposition of news agencies might thus be responsible for the current trends in separation of fact based
reporting from
Op-eds.