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Founded in 2002, AXcess News is one of the largest web-only news publishers. It is owned by NetAct America, Inc., which also owns 92 other news web sites that collectively comprise the single largest network of closely held city news sites in the USA. AXcess News serves as the parent site of this network.
AXcess News started out as an online newsletter for a financial service and slowly evolved its publishing format to become a broad news publisher.
By 2002 it had evolved into a news web publisher though still covering financial markets. During 2003 it expanded its news coverage to include the broad news topics it publishes today. In late 2003 it began developing its network approach to online news, adding the first 25 city news sites.
In 2004 the network of city news sites had expanded to 92 and AXcess News started syndicating online news for a Canadian online news network. A second online news network was also in development in the UK, and AXcess News then entered into reciprocating agreements to syndicate online news between both organizations.
As of 2005[update], AXcess News is preparing to join both the Canadian and United Kingdom based online publishing organizations in forming one global network, each publisher maintaining its own identity, yet all three cooperating to provide readers everywhere with high quality news as it breaks from across the 230 cities they serve.
On May 13, 2009 World City Press, Inc. acquired AXcess News and its network of 92 major market news sites. Both Source Press in Canada and EU Newsnetwork Ltd in the UK were acquired. The global news network consists of 132 major market cities with a combined syndicate of over 7,800 sites. World City Press, Inc. is the largest independent online news network in North America with 30 reporters on staff, 16 correspondents and 11 IT personnel.
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