News. Press Association(PA), the UK’s national news agency and media content provider, has acquired 95% of EBS. The company provides electronic programme guide (EPG) data for platforms and channels worldwide, including BBC, BT, Viceland, AMC and Discovery. PA, which has an option eventually to acquire the remaining 5%, this month celebrates the 150th anniversary of its creation in 1868 by a group of UK regional newspaper proprietors. It remains a solidly-profitable private company delivering a continuous content feed of text, images, video and data into newsrooms throughout the UK. In recent years, the £60m-revenue company has successfully diversified from its core news business through the acquisition of: Globelynx (a self-operated camera network which enables executives and academics to be interviewed live on TV from their own offices), and the agencies TNR (PR), Sticky Content (digital), and StreamAMG (video streaming). The EBS acquisition continues a strategy which has been producing better financial results than those of many of PA’s embattled newspaper-owning shareholders, with 10% operating profit margins. Happy 150th Birthday.
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UK news agency PA acquires EPG data provider
