The new real-time newswire will draw upon the comprehensive coverage of Spanish companies and policy-making in EFEâs economic service, EFECOM, and the international financial and market reporting of Dow Jones en EspaÃ±ol to offer clients expanded coverage of Spanish business, including regional reporting and analysis of small and mid-cap stocks. The Joint service to be based in Madrid, will also have a dedicated editorial staff to produce original content in Spanish.
âThis agreement with EFE, the recent acquisition of Betten Financial News BV, the Dutch-language news service and, the arrangement enabling Dow Jones Newswires to distribute editorial content from Agence France-Presse all underscore our broader strategy to invest in expanding our global editorial assets. Weâre dedicated to increasing our coverage of local markets in local languages, and forging this alliance helps us to better serve the needs of our Spanish-language customers,â said Clare Hart, Executive Vice President, Dow Jones & Company, President, Dow Jones Enterprise Media Group. âUltimately, the agreement with EFE will further Dow Jonesâs dedication to powering intelligent enterprises globally and providing our customers with the information they need to make better decisions, faster.â
âThis agreement with Dow Jones, one of the most prestigious agencies in the world, underlines the editorial independence and rigour of EFE as well as the quality of our information offering,â said the President of EFE, Ãlex Grijelmo. âIn addition, it will allow us to gain access to new markets and gain visibility and competitiveness into the demanding financial news service market. With this alliance, we feel we will now offer customers the strongest and most comprehensive Spanish-language service in the marketâ.