Dow Jones Newswires, the world's leading independent provider of real-time business and financial news, has renewed and expanded the content provision and sales licensing agreement it holds with Switzerland's leading financial news agency, AWP.
Financial terms of the agreement weren't disclosed.
Starting Jan. 16, German-language content from Dow Jones Newswires not only will be available on AWP's Premium International news service, but also on its Basic news service for the first time—alongside content from AWP's other international news partner, dpa-AFX. Under additional new agreements, AWP's Premium service also will now include content from dpa-AFX, and AWP will have exclusive sales-agency rights for the German-language services of both Dow Jones Newswires and dpa-AFX in Switzerland and Liechtenstein.
Previously, news items from Dow Jones Newswires covering global financial markets were carried solely on AWP's Premium International service, and the company acted as a non-exclusive sales agent for Dow Jones Newswires' German services in Switzerland.
"This new agreement continues our long-term partnership with Dow Jones Newswires on our Premium product for financial professionals and expands it to our Basic news service for Web customers," said Christoph Gaberthüel, chief executive officer, AWP, based in Zürich. "We are delighted to have been appointed the exclusive sales agency for Dow Jones Newswires' German-language content in Switzerland and Liechtenstein, and look forward to a long association with the company."
"With its strong connections with financial professionals across Switzerland, AWP is uniquely placed to sell and distribute our German-language services alongside its own," said Michael Bergmeijer, vice president and managing director, International, Dow Jones Newswires. "We are pleased to help them provide a reliable, comprehensive, real-time business and financial news service to the Swiss financial community."