Alliance News Receives Strategic Investment from PA Group and dpa to Support its EMEA Expansion

London (ots/PRNewswire) - Alliance News - a leading provider of
real-time equities news for financial professionals and investors -
has received investment from two of Europe's leading media
organisations to support its ongoing expansion across EMEA.

PA Group, the parent company of the Press Association, the national
news agency for the UK and Ireland, and German news agency, dpa
(Deutsche Presse-Agentur), have taken a combined stake of just under
8% (3.86% each) in the financial news service which launched in 2013.

Alliance News provides coverage of every company listed on the London
Stock Exchange - more than 2,000 companies and investment trusts - as
well as economic and political news from around the world for
investors.

In February 2017, Alliance News launched an Italian service,
providing the same universal news coverage of all Milan-listed
companies in the local language. The business has plans to
progressively enter new markets such as France and other countries in
the coming months.

Tom Waite, Chief Executive and Editor of Alliance News, said:

"Alliance News has been proud to work as a content partner with dpa
since our inception and with PA for close to two years news now,
because our readers like how their news reporting complements our
own. We apply similarly strict editorial standards to different
subject matter. Alliance News takes a fresh, streamlined approach to
financial news, exploiting technology while keeping the authentic
voice of knowledgeable journalists working from a multi-lingual
newsroom. PA and dpa appreciate our nimble approach to new markets,
and their investment and long experience will help to support and
guide the Alliance News expansion plans."

Clive Marshall, Chief Executive of PA Group, said:

"The news agenda will continue to be dominated by business and
financial developments as companies in the UK, Europe and elsewhere
navigate this period of political and economic flux. Alliance News is
well positioned to provide much of the coverage that decision makers
rely on, and most importantly share PA's values of timely and
accurate journalism."

Peter Kropsch, Chief Executive Officer of dpa, said:

"We have been following the development of Alliance News since their
early days. We highly appreciate their editorial standards and
entrepreneurial spirit. Tom Waite´s strategy for Alliance News fits
perfectly into our perception of the future demand for news on the
financial markets. dpa´s activities in this field today comprise
dpa-AFX, the Frankfurt based finance news agency (76% share) and a
50% share in AWP, the Zurich based Swiss financial news agency. The
cooperation with Alliance News will help to develop this approach
further and we are very happy to take the position as a new
shareholder together with the PA Group."

Notes to Editors

Today's news follows recent moves by PA Group to diversify its
business portfolio and consolidate its position as the UK's leading
provider of cross-platform content and services. In 2017, PA Group
launched a new branded content agency called Commotion (https://www.p
ressassociation.com/company-news/pa-group-launches-new-agency-commoti
on-create-video-content-brands/), acquired the video streaming
business StreamAMG (https://www.pressassociation.com/company-news/pa-
group-acquires-video-streaming-company-streamamg/), and made a
strategic investment in the social video creation platform, Wochit (h
ttps://www.pressassociation.com/company-news/pa-group-invests-social-
video-creation-platform-wochit/).

About Alliance News

Alliance News was founded in 2013, and its UK service quickly became
known for its independent, fast and accurate coverage of every
company listed on the London Stock Exchange - more than 2,000
companies and investment trusts - combined with the most relevant
global economic and political news for investors. In February 2017,
Alliance News launched its Italian Service, providing the same
universal news coverage in Italian language of all Milan-listed
companies.

Alliance News is available via a growing number of leading
market-data platforms and investor-information websites in the UK,
Italy and elsewhere.

For more information about Alliance News, visit
http://www.alliancenews.com.

About PA Group

Headquartered in London, PA Group (https://www.pressassociation.com/A
boutus/CorporateInformation/PAGroup/) incorporates news, information,
technology and communications businesses. It is the parent company of
the Press Association - the UK and Ireland's leading multimedia news
agency - along with four other specialist media companies. These are
Globelynx, which provides TV-ready remotely monitored camera systems
for corporate clients to connect with TV news organisations; Sticky
Content, a full-service digital creative and social agency;
StreamAMG, a video streaming business; and TNR, a broadcast
communications consultancy. It also owns a stake in Baize Group, a
leading provider of automotive content, events and PR services, and
the social video creation platform, Wochit.

PA Group has 26 shareholders, made up mainly of UK national and
regional newspaper publishers. The largest shareholders include dmg
media Limited, News UK plc, Trinity Mirror plc and UBM plc.

About dpa

The German Press Agency dpa is a trusted, accurate and independent
provider of news with the digital and multimedia content to power the
media at home and abroad. Our customers benefit from the extensive
global network of correspondents and editors maintained by Germany's
leading news wire. News gathering is completely free of outside
influence which in turn guarantees that coverage lives up to the
strict requirements of the dpa charter: This document lays down that
reporting must be free of bias and unfettered by political, economic
or governmental ideologies. Print media, radio stations, online and
mobile communication providers in more than 100 countries rely on
this journalistic excellence around-the-clock. Among dpa clients are
parliaments, governmental and non-governmental organisations as well
as businesses and public relations agencies. They all derive news
content from the wide range of products and services provided by the
dpa group of companies. http://www.dpa.com.

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN

print