Meaning of the word "Press agency" in English

What does "Press agency" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Press agency

US /ˈprɛs ˈeɪ.dʒən.si/
UK /ˈprɛs ˈeɪ.dʒən.si/

Noun

an organization that collects news and supplies it to newspapers, radio, and television companies

Example:
The story was first reported by a major international press agency.
Many newspapers rely on press agencies for their foreign news coverage.