Reuters
•Founded by the Paul Julius Reuter (A German National) in 1851
•From the 1860 -1914; Reuters was an imperial
organization, the semi-official institution of the British Empire
•From the American Civil War to the assassination of Abraham Lincoln, Reuters was the first
to break the news and thereby it established a reputation of being a credible deliverer of
information in real time
•It is a major provider of commercial information like foreign exchange rates, stock exchange
prices, commodity prices etc.
•Reuters is listed on both the London and New York stock exchange
•Reuters receives only 10% of its revenues from the subscription, whereas the 90% of it
comes from the clients of its financial services
•Headquartered in London, the organization was acquired by the Thomson Corporation in
2008 and is now owned by Thomson Reuters
Associated Press (AP)
•AP is a non-profit cooperative organization established in 1846 in NewYork
•AP was created by the coalescing of 5 dailies and is now owned by a large number of US
newspapers and radio and T.V. Stations
•It operates 243 bureaus in nearly 120 countries, with an international staff located worldwide
•It is sustained by the subscription fees that it charges its media clients
spread all over the world
•Its website claims that on any given day more than half of the world’s population consumes
the news provided by AP
