The logo of Australian Associated Press is seen in its Rhodes headquarters in Sydney, Tuesday, March 3, 2020. National news agency Australian Associated Press announced on Tuesday that it is closing after 85 years. (Danny Casey/AAP Image via AP)
CANBERRA, Australia 鈥� National news agency Australian Associated Press said Tuesday it was closing after 85 years, blaming a decline in subscribers and digital platforms distributing news content for free.
鈥淭he saddest day: AAP closes after 85 years of excellence in journalism. The AAP family will be sorely missed,鈥� AAP Editor-in-Chief Tony Gillies said in a tweet.
AAP鈥檚 more than 170 journalists will cease operations by June 26. Its Pagemasters editorial production service will also close at the end of August, the company said.
鈥淭he unprecedented impact of the digital platforms that take other people鈥檚 content and distribute it for free has led to too many companies choosing to no longer use AAP鈥檚 professional service,鈥� the company said in a statement. 鈥淲e have reached the point where it is no longer viable to continue.鈥�
AAP Chairman Campbell Reid said the organization had been for generations 鈥渏ournalism鈥檚 first responder.鈥�
鈥淚t is a great loss that professional and researched information provided by AAP is being substituted with the un-researched and often inaccurate information that masquerades as real news on the digital platforms,鈥� Reid added.
AAP鈥檚 domestic nationwide news coverage with bureaus in every state and territory is complemented by alliances with the major international news agencies including The Associated Press.
The AP licenses its news text and photo services to AAP for redistribution into the Australian media market and its customers. AP is also contracted to use AAP text and photos.
AAP was started in 1935 by newspaper publisher Keith Murdoch, father of 黑料社 Corp. founder Rupert Murdoch.
AAP is owned by Australian news organizations 黑料社 Corp. Australia, Nine Entertainment Co., Seven West Media, and Australian Community Media.
Australian media organizations are under mounting financial pressure with global digital giants Google and Facebook taking a growing chunk of advertising revenue.
Media Entertainment and Arts Alliance, the journalists鈥� union, described the decision to shut down AAP as a 鈥済ross abandonment of responsibility by its shareholders 鈥� Australia鈥檚 major media outlets.鈥�
鈥淏ean-counters at the top of media organizations might think they can soldier on without AAP, but the reality is it will leave a huge hole in news coverage,鈥� the union鈥檚 federal president Marcus Strom said in a statement.
鈥淔illing those holes will fall to already overburdened newsroom journalists. Or coverage will simply cease to occur,鈥� he added.