Categories: OLD Media Moves

Dow Jones drops AP, adds Agence France-Presse

Dow Jones & Co. announced Tuesday an agreement for Dow Jones Newswires to distribute editorial content from Agence France-Presse while it will stop distributing content from the Associated Press.

The company also announced plans to expand its global editorial staff. These changes are part of Dow Jones’s broader strategy to invest in its global financial news operations.

Under the agreement, Dow Jones Newswires will distribute to its customers general and political news from AFP, the Paris-based international news agency. Terms of the deal were not disclosed.

“As the world’s oldest news agency, AFP has earned a reputation for speed, accuracy and trustworthiness. With its global scope and 24-hour coverage, our customers will be able to monitor the pulse of global change, enabling them to react quickly to news events,” said Clare Hart, executive vice president of Dow Jones, in a statement.

Separately, Dow Jones will not renew its news partnership between Dow Jones Newswires and the Associated Press. Content agreements that The Wall Street Journal and Dow Jones Factiva have with the AP are not affected by this announcement.

The planned expansion of editorial staff follows the company’s announcement last week that Dow Jones acquired Betten Financial News, a leading Dutch financial and economic news organization.

Read more here.

Recent Posts

FT taps Foy to cover European banking

Financial Times reporter Simon Foy is now covering European banks. He has been covering accounting for the…

3 hours ago

Debtwire seeks a private credit reporter

Debtwire, the leading provider of global fixed income news, analysis and data for more than…

6 hours ago

BNN Bloomberg anchor Kanwar is departing

Amber Kanwar, an anchor for BNN Bloomberg in Canada, is departing at the end of…

7 hours ago

Moody’s promotes Kantrow to editor in chief

Moody's Ratings has promoted Yvette Kantrow to senior vice president and editor in chief. She has been…

7 hours ago

Politico reporter Fieseler departs

Politico reporter Clare Fieseler is leaving the news organization to take on some ocean reporting projects. She…

7 hours ago

WSJ’s Eisen to write book about the mortgage market

Wall Street Journal reporter Ben Eisen has signed a contract with Norton to write a book about…

9 hours ago