![]() In 1923, Reuters began using radio to transmit news internationally, a pioneering act. The company returned to private ownership in 1916, when all shares were purchased by Roderick Jones and Mark Napier they renamed the company "Reuters Limited", dropping the apostrophe. Reuter's son Herbert de Reuter continued as general manager until his death by suicide in 1915. 20th century Roderick Jones, general manager 1915–1941 In 1883, Reuter's began transmitting messages electrically to London newspapers. In 1878, Reuter retired as managing director, and was succeeded by his eldest son, Herbert de Reuter. Both expansions were made possible by advances in overland telegraphs and undersea cables. In 1872, Reuter's expanded into the Far East, followed by South America in 1874. British control of cable lines made London itself an unrivalled centre for world news, further enhanced by Britain's wide-ranging commercial, financial and imperial activities. It also had more staff and stringers throughout the world and thus contributed more original news to the pool. Its influence was greatest because its reserved territories were larger or of greater news importance than most others. In practice, Reuters, who came up with the idea, tended to dominate the Ring Combination. Each agency made its own separate contracts with national agencies or other subscribers within its territory. In 1870 the press agencies French Havas (founded in 1835), British Reuter's (founded in 1851) and German Wolff (founded in 1849) signed an agreement (known as the Ring Combination) that set 'reserved territories' for the three agencies. In 1865, Reuter incorporated his private business, under the name Reuter's Telegram Company Limited Reuter was appointed managing director of the company. According to the Encyclopædia Britannica: "the value of Reuters to newspapers lay not only in the financial news it provided but in its ability to be the first to report on stories of international importance." It was the first to report Abraham Lincoln's assassination in Europe, for instance, in 1865. The first newspaper client to subscribe was the London Morning Advertiser in 1858, and more began to subscribe soon after. ![]() Headquartered in London, Reuter's company initially covered commercial news, serving banks, brokerage houses, and business firms. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. ![]() Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. History 19th century Paul Reuter, the founder of Reuters (photographed by Nadar, c. ![]() It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. The agency was established in London in 1851 by the German-born Paul Reuter. Reuters is one of the largest news agencies in the world. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters ( / ˈ r ɔɪ t ər z/ ( listen), ROY-terz) is a news agency owned by Thomson Reuters Corporation. ![]()
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