Associated Press Television News, the worlds leading video news agency, is making a substantial multi-million dollar investment to upgrade its newsgathering infrastructure, provide pictures in high definition to the broadcast and digital markets and significantly increase the depth and breadth of video coverage from around the world.
It is the single biggest investment in APs London-based video business since it acquired a competitor, Worldwide Television News, in 1998.
The plan will ensure that APs video operations are fully digital from end to end, and that video can slot easily into any workflow of broadcasters and digital platforms around the globe.
The video business arm of The Associated Press currently supplies live news video and edited clips of entertainment, sport and lifestyle coverage to more than 1,000 national and international broadcasters and major portals worldwide via an international satellite and fiber network. It currently has bureaus in more than 80 countries.
The company plans to introduce high definition from next year, starting with entertainment coverage and moving on to sport and live news coverage by 2012.
Daisy Veerasingham, senior vice-president of business development and partner relations, said: Traditionally, customers have subscribed to our service for competitive coverage from every corner of the globe. But as well as having strong content, it is vital that in the digital age we give our customers choices about how they receive our content.
This investment will give our customers a wide range of options about the technology they use to receive video both in the traditional broadcast market and on digital platforms. We believe 2011 is the tipping point when the majority of the international TV news market will want pictures in high definition.
APs video journalists gather the most compelling images from the most fascinating corners of the globe every day. By deepening our investment and transitioning to digital, we reaffirm our commitment to bringing each days most vital videos to audiences worldwide in easy-to-use formats at the fastest possible speeds, said Kathleen Carroll, AP executive news editor.
The investment will see the company deploy state-of-the-art cameras around the world, renew its core production infrastructure and provide new eBusiness delivery platforms for digital customers.