The Associated Press will establish an independent news licensing agency this summer that will offer publishers access to original news content, as well as support for new business models. In addition to AP fare, the News Licensing Group will provide content from more than 1,000 publications.
The AP News Registry, which was first announced in July 2009, will be part of the News Licensing Group, and AP said the entity will be owned by new publishers and hopes to raise funding from the industry.
AP added that nearly 1,000 publications are participating in the News Registry, and it has collected more than 5 billion content impressions around the Web.
AP president and CEO Tom Curley said:
This will be a game-changer for news providers worldwide. It’s pro-competitive and it’s pro-consumer, and it will be a leader in the digital information business. We’ll be looking at development opportunities and seeking content commitments from publishers. We will move beyond text to photos and video and expand internationally later this year.