This statement is false. The Associated Press was created by a group of newspaper publishers to make it possible to share news reporting using the telegraph.
The oldest and biggest of these in the US is called Associated Press (AP). Its history may be traced back to 1846, when four daily newspapers from New York City collaborated to publish news on the Mexican-American War.
The cooperative's name was changed to New York Associated Press by 1856. The Western Associated Press was founded in 1862 by newspaper proprietors from the Midwest. In 1892, it split from the New York Associated Press and was independently incorporated in Illinois as the Associated Press.
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