News agencies are services which compile news and disseminate it in bulk. Because they disseminate information to a wide variety of clients, who repackage the material as news for public consumption, news agencies tend to use less controversial language in their reports. Despite their importance, news agencies are not well known by the general public. They keep low profiles and their reporters usually do not get bylines.[18][184]
The oldest news agency still operating is the Agence France-Presse (AFP).[185] It was founded in 1835 by a Parisian translator and advertising agent, Charles-Louis Havas as Agence Havas. By the end of the twentieth century, Reuters far outpaced the other news agencies in profits, and became one of the largest companies in Europe.[186] In 2011, Thomson Reuters employed more than 55,000 people in 100 countries, and posted an annual revenue of $12.9 billion.[18]
United Press International gained prominence as a world news agency in the middle of the twentieth century, but shrank in the 1980s and was sold off at low prices. It is owned by the Unification Church company News World Communications.
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