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This article is about the journalistic news organization. For the intelligence service, see: Intelligence service.
News and press agencies are companies upstream of mass media that offer current news about world events to corresponding media, companies and organizations for sale as editorially and multimedia-prepared reports. Press and news agencies play a central role in the worldwide flow of news. They are considered key institutions and the "invisible nervous system" of the media landscape. News agencies are both privileged sites of knowledge production and, because of their global reach, exposed institutions of knowledge transmission. News agencies operate as private or state-owned companies and are linked to each other by exchange agreements. Of a total of around 140 news agencies worldwide, only 20 are free of state influence; ten of these are located in Europe and are linked together as Group 39.
The majority of international news disseminated on online/social media platforms, TV, radio and newspapers/print in the Western Hemisphere comes from the three global news agencies Associated Press (AP) and Thomson Reuters from New York City, as well as Agence France-Presse (AFP) from Paris. In Germany, the Deutsche Presse-Agentur (dpa) is the market leader, in Austria the Austria Presse Agentur (APA), and in Switzerland the Schweizerische Depeschenagentur (SDA). The most important news agencies for financial services are Reuters and Bloomberg. The Chinese state news agency Xinhua, the Russian Rossiya Sevodnya and the Qatar-based Al Jazeera stand out from the range of market-dominating Western news agencies.
The pioneer of the modern news agency is Charles-Louis Havas, who founded the news agency Agence Havas in Paris in 1835, a forerunner of AFP. Between 1870 and 1934, the global news market was dominated by the much-criticized Wolff-Reuter-Havas cartel.