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August 03, 2015 6:06 PM ET

Media

Company Overview of The Associated Press, Inc.

Company Overview

The Associated Press, Inc., a not-for-profit news cooperative, is engaged in finding, reporting, and distributing news. The company operates a global news network that delivers news to its members, subscribers, and commercial customers in the United States and internationally. It offers various categories of products and services, such as audio, graphics/interactives, multimedia, photos, text, video, and other news content to newspapers, TV channels, applications, radio stations, Websites, magazines, and online and mobile platforms for businesses and consumers. The company also sells a selection of its text, photo, audio, and video reports to corporations, private companies, government agenc...

450 West 33rd Street

New York, NY 10001

United States

Founded in 1846

Phone:

212-621-1500

Fax:

212-621-7520

Key Executives for The Associated Press, Inc.

Chief Executive Officer and President
Age: 57
Managing Editor of Sports Entertainment and Multimedia
Senior Managing Editor
Senior Managing Editor
Age: 61
Chief Financial Officer and Senior Vice President
Age: 59
Compensation as of Fiscal Year 2015.

The Associated Press, Inc. Key Developments

The Associated Press Announces Executive Changes

Jim Pollock, a digital media executive with previous experience at Microsoft and MSNBC, has been named The Associated Press'(AP) director of regional media for the Pacific Northwest. Pollock, 47, will be based in Seattle, where he will oversee AP's relationship with its newspaper and broadcast members in Alaska, Idaho, Oregon and Washington, and identify new customers for AP news content and services. Pollock will report to Clarke and Michael Fabiano, director of local broadcast markets. Pollock most recently worked as a consultant. Through his company, Emdash Media, he advised digital ventures on product and brand strategy, partnerships, corporate development and monetization. He spent seven years at MSNBC, rising to director of business development before leaving in 2013. His newsroom experience includes a stint as a reporter for the Japanese daily Asahi Shimbun's New York City bureau. He succeeds Kevin Walsh, who retired after a 31-year career with the AP.

The Associated Press Promotes Marjorie Miller to Director of Global News and Enterprise

Marjorie Miller, has been promoted to Director of Global News and Enterprise for The Associated Press. Miller has been the AP's regional editor in Latin America since late 2010. In the new position, she will be responsible for several departments, including the Nerve Center, which crafts the daily news report from the flow of breaking news and a regular selection of AP-generated investigative and enterprise stories. Miller also will manage the enterprise operation, which oversees the production of those exclusive stories in text, video and photos. Also reporting to her will be the operation that edits the highest-profile stories, and the standards editor. Miller will be based in New York and join the AP's news leadership team. She will begin transitioning to the new role in coming weeks and expects to be in place in July.

The Associated Press Reports Earnings Results for the Year 2014; Provides Revenue Guidance for the Year 2015

The Associated Press reported earnings results for the year 2014. For the year, the company's revenue grew 1% to $604.0 million, up from $595.7 million the previous year. Profit rose to $140.9 million, up sharply from $3.3 million a year earlier. The bump came largely from the sale of its 50% stake in Stats LLC, which brought in $128.3 million for the company. For the year 2015, revenue is expected to fall about 2%, because of the lack of special events, the strong U.S. dollar, which lowers overseas income, and the continued decline in revenue from U.S. newspapers.

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