A Tale of Two Wires: The Associated Press and Reuters Evolve in the Digital Age
The internet has forced The Associated Press and Reuters – two newswire companies founded in the telegraph age – to re-examine their basic business models and to re-invent parts of their companies. This report looks at how they continue to serve their long-standing media clients while moving to modernize their legacy licensing models and transform their companies’ skill sets and cultures. It explains why AP with its syndication – rather than destination – strategy seems best positioned to grow its business. The report analyzes:
- Financials of The Associated Press and Reuters, including estimated revenue, trading profit, and revenue per employee;
- Competitors, web performance, and customer reach;
- Key new initiatives by both companies;
- Change drivers and their impact for wire services;
- Essential actions for wire services and news publishers in general.
Pub Date: May 1, 2007
Type: Company AnalyAsis
Segment: NEWS
Keywords: Business Models, Company Profile, Newspapers
Pages: 16
Format: PDF ![]()
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Table of Contents
- Executive Summary
- Why The Associated Press and Reuters?
- Company Highlights
- The Associated Press: Company Snapshot
- The Associated Press: Business Lines
- The Associated Press: Recent Initiatives
- Reuters: Company Snapshot
- Reuters: Business Lines
- Reuters: Recent Initiatives
- Syndication vs. Destination: Comparing AP and Reuters Strategies
- Key Drivers of Change and Challenges for Wires
- Essential Actions
- Related Research
- Table 1. The Associated Press at a Glance
- Table 2. The Associated Press Financials
- Figure 1. AP Major Business Lines by Revenue, 2006
- Table 3. Key AP Initiatives
- Table 4. Reuters at a Glance
- Table 5. Reuters Financials
- Figure 2. Geographical Sources of Reuters Revenues
- Table 6. Key Reuters News Initiatives
- Table 7. Change Drivers and Their Impacts
- - The Associated Press
- - Bloomberg
- - Dow Jones
- - The E.W. Scripps Company
- - Financial Times
- - Getty Images
- - McClatchy-Tribune Information Services
- - MLB
- - Mochila
- - New York Times Co.
- - Reuters
- - Voxant
- - Washington Post Company
Tables & Figures
Companies Mentioned
Companies Mentioned