ITIM was a
news agency
A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and All-news radio, radio and News broadcasting, television Broadcasting, broadcasters. A news agency may ...
established in 1950 in
Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...
, by journalist Hayim Baltsan (1910- 2002)
חיים בלצן .
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
.
History
ITIM was founded in 1950 by Baltsan and the seven main Israeli
newspaper
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background.
Newspapers can cover a wide variety of fields such as politics, business, sports a ...
s of the time, who each held an equal stake in the agency. Founder and executive director for the first 25 years was leading Israeli journalist
Hayim Baltsan (1910 - 2002)/
The agency went into
receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in ca ...
in November 2003 and nearly ceased operations due to massive debts.
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
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
's
Deutsche Presse-Agentur
Deutsche Presse-Agentur GmbH (dpa) is a German news agency founded in 1949. Based in Hamburg, it has grown to be a major worldwide operation serving print media, radio, television, online, mobile phones, and national news agencies. News is avai ...
and the Federal News Agency based in
Washington, D.C.
)
, image_skyline =
, image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
,
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
.
The agency was closed in 2006.
References
{{reflist
1950 establishments in Israel
News agencies based in Israel