Magyar Távirati Iroda Explained

MTI (Magyar Távirati Iroda, literally "Hungarian Telegraphic Office") is a Hungarian news agency. One of the oldest news agencies in the world, it was founded in 1880.^[1]

MTI was owned by MTI Rt., founded by the Parliament. The members of the Owners' Advisory Body are elected by the National Assembly of Hungary on four-year terms. It is a marketleader, and is considered by some sources to be a 'balanced and reliable source'. Still, it finds it difficult to raise subscriptions as most major Hungarian newspapers are foreign-owned. It must turn to the government for capital to overcome its technology deficit.

According to a UNESCO report it faces competition both from independent and specialist news agencies (e.g. English-language on-line news sites, including the Budapest Business Journal, The Budapest Sun, websites of various television and radio stations), and from domestic Hungarian news services established by Reuters and AFP.^[2]

On 1 July 2015, Magyar Távirati Iroda as well as the three other public media organizations managed by the MTVA were merged into a single organization called Duna Média. This organization is the legal successor to Magyar Távirati Iroda.^[3] ^[4] ^[5]

External links

Official Website

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Notes and References

Web site: About MTI. MTI. dead. https://web.archive.org/web/20090205004311/http://mti.hu/fixcikk/124. 5 February 2009.
Web site: Final Report of the Workshop on News Agencies in the Era of the Internet. UNESCO. 53. January 2001. 2009-01-12.
Web site: Hungarian public service media companies merge - MTVA . Media Service Support and Asset Management Fund (MTVA) . 23 August 2015 . The merger ensures that the companies do not terminate their operation without having a legal successor. . dead . https://web.archive.org/web/20151222144948/http://media-akademia.hu/mtva-press-news/212-hungarian-public-service-media-companies-merge . 22 December 2015.
Web site: Original press release of MTVA on the merger in Hungarian . 8 December 2018 . https://web.archive.org/web/20181209165306/http://www.radio.hu/dmsz-rolunk/58-dunamsz/dunamsz-hir-kozlemeny/192-2015-julius-1-duna-mediaszolgaltato-zartkoruen-mukodo-nonprofit-reszvenytarsasag-elnevezessel-egyesul-es-egyeduli-kozszolgalati-mediaszolgaltatokent-folytatja-tevekenyseget-a-negy-kozszolgalati-mediaszolgaltato . 9 December 2018 . dead .
Web site: New Amendment to the Media Act . Gábor Polyák . Mérték Média Monitor . 2015-01-22 . 2018-12-04 . https://web.archive.org/web/20171206005914/http://merlin.obs.coe.int/iris/2015/2/article22.en.html . 6 December 2017 . dead .