Magyar Távirati Iroda
MTI (Magyar Távirati Iroda, translated as "Hungarian Telegraphic Office") is a Hungarian news agency established in 1880, ranking among the oldest globally. It operates under MTI Rt., a company founded by the Hungarian Parliament, with its Owners' Advisory Body members appointed by the National Assembly for four-year periods. MTI maintains a leading position within the market and is recognized as a trustworthy and impartial news provider. Despite this, it faces challenges in gaining subscriptions since numerous prominent Hungarian newspapers are owned by foreign entities, causing MTI to depend on government support to overcome technological limitations.
MTI's competitors include independent and niche news agencies, alongside English-language digital platforms such as the Budapest Business Journal and The Budapest Sun, as well as domestic branches of Reuters and Agence France-Presse (AFP).
On 1 July 2015, MTI combined with three additional public media bodies under the umbrella of MTVA to create Duna Média, which now acts as the legal successor of Magyar Távirati Iroda, unifying Hungary's public media organizations.