With a turf war in Europe, a lingering pandemic, the death of Queen Elizabeth II, and the midterm elections in the United States, 2022 has been a year of significant change around the world. facts and tell those and many other life stories to billions of people around the world.
As we write this letter, the war in Ukraine is in its second year and the world is still dealing with the aftermath of a pandemic. The AP remains committed to providing eyewitness journalism, even in places where reporting the news is infinitely more difficult. In Ukraine, AP journalists continue to show the world what is happening on the ground, offering stark photographs of Mariupol at the start of the war, reporting on repeated attacks in Kharkiv and Bakhmut, revealing “Russian clearance operations in Bucha. ” , and much more. In China, where media is limited and citizens are monitored, AP has documented unprecedented lockdown protests and a new side to the pandemic: government exploitation of COVID-19 tracking technology. In Africa, a year-long series on the effects of the pandemic on African women revealed the pervasiveness of abuse against widows across the continent. In the United States, the AP analyzed the pandemic’s lingering effects on students, from third graders who are required to read to the school’s top students who are not ready to participate. colleague.
The 2022 midterm elections presented demanding situations and opportunities for the news organization, whose role in U. S. elections dates back to 1848. Once again, the AP rose to the occasion, counting the votes and pinpointing election winners in all 50 states with more than 99. 9% accuracy. We have our explanatory reports on how the election unfolds, and how the AP counts the votes and calls the contests, expanding transparency about the enormous role the AP plays in American democracy.
Our collaboration with philanthropic foundations continued last year, allowing us to dig deeper into key spaces and expand our reporting on climate, monetary well-being, democracy, public health, and inclusive storytelling. Weather hounds have now been founded in Brazil, India, Kenya and the United States. The AP has produced wide-ranging journalism on the profound and diverse effects of the climate update on society. As always, AP maintains a full editorial on these collaborations and all collaborations with outdoor groups.
AP ended 2022 with a strong monetary position, beating earnings forecasts and especially extending earnings. We continue to diversify our visitor base and revenue streams, focusing on our service businesses that provide services and streaming infrastructure; production software for newsrooms; creation of personalized content for brands; and advertising, as we grow APNews. com to engage with our audience. Last year, we revamped our core product for U. S. consumers. In the U. S. , we made it more visual and digital, and added explanatory content and location guides to help publishers turn mainstream occasions into local news. We have made significant technological advancements as we continue our platform migration. and hubs to the cloud, moving away from legacy systems and introducing new ones, such as a faster election platform that provides our consumers with a modern, data-driven experience. All of this work supports our ability to produce quality journalism. As an independent news organization, every dollar we earn goes to generating the most comprehensive news reporting in the world.
We did all of this by leveraging the deep culture that defines PA – the commitment of each and every member of our team to our mission. We know we can produce better fact-based journalism by converting the way our painters paint as Americans and as members. of a global news organization. We are excited about what this will mean for our 176-year-old co-op. As the year progresses, there is no doubt that AP will continue to report on the entire world in an accurate and unbiased manner. , to make sure we disseminate the data that informs part of the world’s population every day.