Forbes.com To Offer Enhanced Financial News From The Associated PressNEW YORK --(Business Wire)-- May 25, 2004 -- The Associated Press, the world's largest newsgathering organization, and Forbes.com, home page for the world's business leaders, announced today that they have signed a licensing agreement.
As a result of the agreement, Forbes.com unique monthly visitors - approximately 7.4 million a month - will have access to AP Financial News, a new business news service which covers top companies and financial markets around the world.
"Senior executives rely on Forbes.com for its uncompromising commentary, relevant tools and concise investment analysis," said Forbes.com Editor Paul Maidment. "AP Financial News offers timely and accurate reports on the latest financial developments - a valuable addition to the comprehensive coverage we provide to our readers."
Beginning in early June, Forbes.com plans to offer the expanded news across the site, including its home page, and its business, technology, markets and work channels.
AP Financial News goes beyond the top stories of the day to include quarterly earnings announcements, executive changes, regulatory actions, acquisitions and new product developments for major companies in a full range of industries.
"AP Financial News serves readers that are becoming more sophisticated in their understanding of business and investments," said AP Executive Editor Kathleen Carroll. "This is an important expansion of AP's business coverage and well-suited to online readers who want to know about company and financial market developments right away."
About The Associated Press
The Associated Press, founded in 1848, has more than 240 bureaus in the U.S. and abroad, providing news content in text, audio, video, graphics and photos to more than 15,000 news outlets with a daily reach of 1 billion people worldwide. AP's multimedia services are distributed by satellite and the Internet to more than 120 nations. For more information, visit www.ap.org.
Forbes.com Inc. (www.forbes.com), home page for the world's business leaders and the No. 1 business site on the Web, is among the most trusted resources for senior business executives, providing them the uncompromising commentary, concise analysis, relevant tools, community and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning. Throughout the business day Forbes.com publishes more than 1,500 articles, delivering the best of Forbes journalism and that of its selected partners with all the immediacy, depth and interactivity that the Web allows. In fact, more people get their business news on Forbes.com than any other source in the world - covering business, technology, markets, personal finance and lifestyle, with streaming video broadcasts several times a day. Voted "Best Media Website" in 2003 by the Web Marketing Association, and min's Best of the Web winner for "Editorial Excellence" in the consumer category, Forbes.com continues to set industry standards for its innovative advertising offerings, and for its award-winning journalism.