Magyar Távirati Iroda
MTI is owned by MTI Rt., founded by the Parliament. The members of the Owners’ Advisory Body are elected by the National Assembly of Hungary on four-year terms. It's a marketleader, and is considered by some sources to be a ‘balanced and reliable source’. Still, it finds it difficult to raise subscriptions as most major Hungarian newspapers are foreign-owned. It must turn to the government for capital to overcome its technology deficit.
According to a UNESCO report it faces competition both from independent and specialist news agencies (e.g. English-language on-line news sites, including the Budapest Business Journal, The Budapest Sun, websites of various television and radio stations), and from domestic Hungarian news services established by Reuters and AFP.
- "About MTI". MTI.
- "Final Report of the Workshop on News Agencies in the Era of the Internet" (pdf). UNESCO. January 2001. p. 53. Retrieved 2009-01-12.