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Yonhap presents new global platform for news exchange

2016/11/17 10:30

BAKU, Nov. 17 (Yonhap) -- Yonhap News Agency, South Korea's leading newswire service, has presented a global platform to help media organizations effectively share news about the 2018 PyeongChang Winter Olympics.

Yonhap, the host news agency of the PyeongChang Games, presented the "PyeongChang News Service Network (PNN)" at the 5th News Agencies World Congress underway in Baku, Azerbaijan, on Wednesday, saying it will allow member news agencies to exchange news content for free in real time.

"News agencies that serve as news hubs in different parts of the world must cooperate effectively to overcome the challenges of the new-media era," Yonhap President Park No-hwang said during a panel session. "The PyeongChang News Service Network will become a foundation for such cooperation."

  

Yonhap President Park No-hwang (L) introduces the PyeongChang News Service Network at the 5th News Agencies World Congress in Baku, Azerbaijan, on Nov. 16, 2016. (Yonhap) Yonhap President Park No-hwang (L) introduces the PyeongChang News Service Network at the 5th News Agencies World Congress in Baku, Azerbaijan, on Nov. 16, 2016. (Yonhap)

Aslan Aslanov, chief of Azerbaijan's state news agency AZERTAC, said the PNN will be a project deserving the attention of all news agencies faced with the challenges of new media.

News agencies that sign up to the PNN will be able to share their content without signing agreements with individual companies. This is expected to remove the inconvenience of developing new software for every news exchange agreement and reduce reliance on global agencies such as the Associated Press, AFP or TASS.

Yonhap said it plans to complete work on the PNN next year and could operate the platform even after the Olympics.

The congress is held every three years to bring together news agencies that serve as a news hub for other outlets such as newspapers, TV, radio and Internet sites. This year, it is being held under the theme of "New Challenges for News Agencies," with representatives from 97 news agencies and outlets in 80 countries in attendance.

Yonhap President Park No-hwang (R) and Press Association Editor-in-Chief Pete Clifton chat on the sidelines of the 5th News Agencies World Congress in Baku, Azerbaijan, on Nov. 16, 2016. (Yonhap) Yonhap President Park No-hwang (R) and Press Association Editor-in-Chief Pete Clifton chat on the sidelines of the 5th News Agencies World Congress in Baku, Azerbaijan, on Nov. 16, 2016. (Yonhap)

Azerbaijani President Ilham Aliyev delivers a speech at the opening of the 5th News Agencies World Congress in Baku, Azerbaijan, on Nov. 16, 2016. (Yonhap) Azerbaijani President Ilham Aliyev delivers a speech at the opening of the 5th News Agencies World Congress in Baku, Azerbaijan, on Nov. 16, 2016. (Yonhap)

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