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News agency

1881 › ESTABLISHMENT
1881

ESTABLISHMENT

1881 In 1880, two parliamentary stenographers named Hugó Maszák and Géza Egyesy, petitioned the Hungarian prime minister with a wish to establish their own news agency. Having received the assent of the emperor, Franz Joseph, an agency was established in 1881.

1928

MODERN MEDIA EMPIRE IS BORN

1921In 1928, the Hungarian News Agency Corporation moved its headquarters to the capital, Budapest. The agency purchased a majority holding in the Electrophone Corporation and was duly granted the concession relating to the radio messenger service. In addition, the agency also went on to establish the Hungarian Advertising Agency Corporation, the Hungarian Film Office and the office of the Hungarian National Correspondent Company. A modern media empire was born.

1931

200-250 NEWS A DAY

By 1931, MTI were publishing some 200 to 250 news articles per day and acting as partner to 25 international news agencies worldwide, with 26 domestic offices coordinating a total of 473 journalistic correspondents.    

1945

MERGED WITH ANOTHER COMPANY

In January 1945, following the great wars and the siege of Budapest, the News Agency restarted its activities, although shortly after this, the existing government confiscated the assets of the agency, which amounted to a nationalisation of the entire company.    

1947

INDEPENDENCE

In 1947, first the Hungarian Film Office became independent, followed, in 1948, by the Hungarian Advertising Agency Corporation.    

1950

NATIONALIZATION

In 1950, the Hungarian News Agency was completely nationalized and this led to a move towards independence by Hungarian Radio.

1953

NEW LOCATION

The Hungarian News Agency was transplanted to a new location in 1953.    

 

1956

YEAR OF THE MERGER

In 1956, the Hungarian National Photo Company merged with the News Agency, thus extending the scope of the photo services provided by MTI. This meant that the revolutionary events of that year could be extensively documented by photographers.    

1989

ESTABLISHMENT OF THE NATIONAL PRESS SERVICE

With the far-reaching political changes of 1989, the Hungarian News Agency established the National Press Service, in order to serve and uphold the democratic transformation process.  By providing their services virtually free-of-charge to new parties, an opportunity was provided for new political voices to express their views to a broad and inclusive Hungarian audience. 

1997

NEW LEGAL STATUS

After 1997, following a change in the law, MTI began operating as a limited company and, effectively, became the national news agency of the Republic of Hungary.

2010

NEW MEDIA LAW

In 2010, the history of MTI turned a further significant page, when the government transformed the whole Hungarian media landscape, including that of public service media companies. MTI became a non-profit company. No longer responsible to Parliament and the Owners’ Advisory Board, MTI was now to be owned by the newly appointed Public Service Foundation. The Hungarian Media Support and Asset Management Fund (MTVA) was created to manage MTI’s assets, along with the appointment of a new director general.

2011

STABLE OBJECTIVES

Although 2011 was the year of a complete restructuring of the public service system, the Hungarian News Agency’s main objective remains the provision of fast, trustworthy and reliable news and media services. It also provides correspondents to China, Russia, Italy, Germany, focussing primarily on matters of Hungarian interest and concern.

2015

MTI JOINS DUNA MEDIA SERVICE NON-PROFIT LTD.

From 1 July 2015 the Hungarian News Agency continues to operate within Duna Media Service Non-Profit Ltd. which was created by merging the four Hungarian public service media providers due to a change in media law.

PRESENT

 

GALLERIES

HISTORY

TODAY

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