Move Provides Customers with Expanded Real-time Coverage of Global News
Events
NEW YORK, March 18 /PRNewswire/ -- Dow Jones & Company today announced
an agreement for Dow Jones Newswires to distribute editorial content from
Agence France-Presse (AFP), as well as 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, the world's most trusted
source for real-time business and financial news, 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, Dow Jones & Company, and president, Enterprise Media Group.
Separately, Dow Jones also announced that it 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.
Dow Jones Newswires journalists produce award-winning editorial content
that includes market-moving corporate, economic, market, financial and
political news. Reporting from nearly 90 bureaus across the globe, Dow
Jones Newswires publishes up to 12,000 items each day, in 11 languages,
across all asset classes. Dow Jones Newswires products are used by more
than 435,000 financial professionals in 66 countries, helping its customers
build relationships, create market opportunities and enhance trust in their
services.
For more information about Dow Jones Newswires, visit
http://www.djnewswires.com. For more information about Dow Jones Enterprise
Media Group, visit http://www.solutions.dowjones.com.
ABOUT DOW JONES
Dow Jones & Company (http://www.dowjones.com) is a News Corporation
company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com). Dow
Jones is a leading provider of global business news and information
services. Its Consumer Media Group publishes The Wall Street Journal,
Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise
Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones
Client Solutions, Dow Jones Indexes and Dow Jones Financial Information
Services. Its Local Media Group operates community-based information
franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and
provides news content to radio stations in the U.S.
About Agence France-Presse (AFP)
AFP is a global news agency, delivering fast, accurate, in-depth
coverage of the events shaping our world from wars and conflicts to
politics, sports, entertainment and the latest breakthroughs in health,
science and technology. With 2,900 staff and stringers spread across 165
countries, AFP covers the world 24 hours a day in six languages, delivering
the news in video, text, photographs, multimedia and graphics. For more
information about AFP, please go to http://www.afp.com.
SOURCE Dow Jones & Company
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Related links:
http://www.djnewswires.com
http://www.dowjones.com http://www.solutions.dowjones.com
http://www.afp.com
CONTACT:
Liz Petrova of Walek & Associates for Dow
Jones, +1-212-590-0533, mobile, +1-201-360-0843,
petrova@walek.com
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