ITIM (news agency)

ITIM is a news agency established in 1950 in Tel Aviv, Israel.[1]

History

ITIM was founded in 1950 by the seven main Israeli newspapers of the time, who each held an equal stake in the agency.[2]The agency went into receivership in November 2003 and nearly ceased operations due to massive debts.[2][3][4] On 19 February 2004, it was bought by an Israeli company for US$75,000. The agency now specialises in providing reports to foreign news agencies such as Germany's Deutsche Presse-Agentur and the Federal News Agency based in Washington, D.C., United States.[2]

References