DAPD News Agency

DAPD News Agency (in German dapd Nachrichtenagentur) was a German news agency.

dapd Nachrichtenagentur GmbH
TypeFor Profit cooperative
IndustryNews media
FoundedSeptember 2010
Defunct2013
Headquarters
Berlin
,
Germany
Area served
Worldwide
Key people
ProductsWire service
Revenue27 Mio Euro (2010)[1]
Number of employees
200 editors, 77 newsphotographers
Websitewww.dapd.de

Overview

It was founded in September 2010 with its headquarters in Berlin. It was the second largest German news agency. It originated from the former West-German news agency Deutscher Depeschendienst (ddp), which had been "built out of remnants of the old UPI news service and the former East-German state-sponsored news service"[2] ADN after reunification. In 2009, under private equity ownership, DDP acquired the German branch of the American news agency Associated Press (AP), and the combined agency was renamed DAPD in 2010.[3]

The owners were Martin Vorderwülbecke and Peter Löw, Managing Directors. Chief Editor was Cord Dreyer.[4] The fully international news agency covered both regional and international issues.

The news service had a base of 700 customers, and provided up to 500 messages and 2,000 photographs daily. Among the customers were German newspapers and magazines, online media, television and radio transmitters, parties and governments, businesses, institutions and associations. In August 2011, the agency also created a sports service.

In July 2011, DAPD bought French photo agency Sipa Press.[5]

In January 2012 it was announced that DAPD would open a news service in France.[6]

In October 2012, the DAPD filed for insolvency protection, with all six of its subsidiaries declaring bankruptcy.[7]

References
  1. weser-ems.business-on.de, 3rd paragraph
  2. "News Agencies Stare Each Other Down in Shrinking German Market", New York Times, July 11, 2010. Retrieved January 31, 2013.
  3. "News Agencies Stare Each Other Down in Shrinking German Market", New York Times, July 11, 2010. Retrieved January 31, 2013.
  4. About DAPD retrieved January 28, 2012 (de)
  5. DAPD to acquire Sipa Press before July 10 Le Journal de la Photographie, retrieved 8 July 2012
  6. AP-France en négociation avec l'agence allemande DAPD Le Nouvel Observateur Online, 9 November 2011 (fr)
  7. "German news agency declares bankruptcy", The Guardian, October 3, 2012. Retrieved January 31, 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.