Wednesday, December 22, 2010

Agence France-Presse(AFP)


Agence France-Presse (AFP) is a French news agency, the oldest one in the world, and one of the three largest with Associated Press and Reuters. It is also the largest French news agency. Currently, its CEO is Emmanuel Hoog and its news director Philippe Massonnet.
AFP is based in Paris, with regional centres in Washington, Hong Kong, Nicosia, São Paulo, Montevideo and bureaux in 110 countries. It transmits news in French, English, Arabic, Spanish, German, and Portuguese.
The agency was founded in 1835 by a Parisian translator and advertising agent, Charles-Louis Havas as Agence Havas. Two of his employees, Paul Reuter and Bernhard Wolff, later set up rival news agencies in London and Berlin respectively. In order to reduce overheads and develop the lucrative advertising side of the business, Havas’s sons, who had succeeded him in 1852, signed agreements with Reuter and Wolff, giving each news agency an exclusive reporting zone in different parts of Europe. This arrangement lasted until the 1930s, when the invention of short-wave wireless improved and cut communications costs. To help Havas extend the scope of its reporting at a time of great international tension, the French government financed up to 47% of its investments. When German forces occupied France in 1940, the news agency was taken over by the authorities and renamed the French Information Office (FIO); only the private advertising company retained the name Havas.

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