Lusa News Agency

Lusa

Portugal · Quick Facts
ISFM
Independent State-Funded and State-Managed, provisionally
100%
State-owned since November 2025
80.1%
State contract, share of 2025 turnover
10/180
Portugal, RSF 2026 · 83.71
Status
Portugal's principal news agency, providing news under a public-service contract and earning commercial income. It lists text, photography, video and audio news services, together with an archive and news agenda
Ownership
The state held 50.1 per cent for many years, acquired substantial private holdings in 2024, and took the remaining shares, including NP – Notícias de Portugal's holding, in November 2025. After a EUR 5 million capital increase completed at the end of that year, the state holds all 4,129,690 shares, representing share capital of EUR 10,324,225
New statutes
The sole shareholder approved revised statutes by written resolution on 29 December 2025, and the government announced the governance changes in January 2026. Lusa's website described registration of the revised statutes as pending when checked for this update
Board
Three executive members serving four-year terms: Joaquim Carreira as President, with Luís Ferreira Lopes and Ana Alves as Vice-Presidents for 2026 to 2029
Advisory Council
Thirteen members drawn from Parliament, the autonomous regions, municipalities, Lusa's workers and newsroom, media-sector associations and RTP; four seats are designated by media-sector associations and RTP designates a separate seat. It monitors compliance with the public-service contract, gives opinions on quality, professionalism and independence, and may issue prior, non-binding opinions on Board elections and the appointment of the director of information. It has no power to direct the agency's activities
Editorial rules
Lusa publishes the Portuguese journalists' deontological code and its own style book, which includes technical and ethical rules for news work
AI
Lusa's 2025 annual report records AI training for 155 workers in the first half of 2025 and proofs of concept involving sports-content automation, assistance with identifying agenda events and voice search for an audio news feed, alongside consideration of an AI-assisted search tool for its text archive. No publicly available editorial AI policy was identified

Sources: Lusa service listings and 2025 annual report; government announcements, November 2025 and January 2026; revised statutes; Reporters Without Borders 2026. Classification per the State Media Matrix. Information checked to 29 September 2026.

Typology trajectory — Lusa

Portugal · 2022–2026
2022
ISFM
2023
ISFM
2024
ISFM
2025
ISFM
2026
ISFM
The classification is unchanged, and retained provisionally. Ownership moved from majority to full state control during the period, and a new governance model took effect in 2026.
From 50.1 per cent to sole shareholder
July 2024
The state acquires 45.71 per cent from Global Media and Páginas Civilizadas, raising its stake to 95.86 per cent
Nov 2025
The state acquires the remaining shares, including NP – Notícias de Portugal's holding, becoming sole shareholder
29 Dec 2025
The sole shareholder approves revised statutes by written resolution; a EUR 5 million capital increase is completed
Jan 2026
The government announces the new governance model: a three-member executive Board and a 13-member Advisory Council
9 Sept 2026
ERC finds the current Board was selected just before the prior-opinion requirement took effect, and that the safeguard first applies to the 2030 to 2033 Board
9 Oct 2026
Parliament schedules the election of its three Advisory Council representatives
What ERC found
ERC's September 2026 decision concluded that the restructuring was inconsistent with the applicable framework and good practice for an independent public medium. In ERC's view, guarantees of independence from government and other public authorities required legislation, rather than solely a resolution by the state as shareholder. It also identified the failure to apply the Council's prior-opinion procedure to the current Board.
What the Commission records
The European Commission's 2026 Portugal country chapter records objections to the revised statutes, including government selection of the executive Board and the Council's composition. It notes that the 2026 Media Pluralism Monitor rated Portuguese public-service media independence at very low risk overall, while flagging the new Lusa statutes as a risk to the agency's editorial autonomy requiring close monitoring.
Ad hoc analyses by the Media and Journalism Research Center in May 2023 and March 2024 found balanced coverage without preferential treatment of state bodies. The material examined for this update did not identify direct government instructions over particular stories or systematic editorial control. The classification should be revisited as Parliament considers the statutory framework, the Council begins its work, and evidence emerges about editorial decisions under the current Board.

Sources: ERC decision reported 9 September 2026; European Commission 2026 Portugal country chapter; Media Pluralism Monitor 2026; Media and Journalism Research Center analyses, 2023 and 2024. ISFM = Independent State-Funded and State-Managed, per the State Media Matrix. Information checked to 29 September 2026.

Agência Lusa is Portugal’s principal news agency. The Portuguese state became its sole shareholder in November 2025. Joaquim Carreira chairs its three-member executive Board for the 2026 to 2029 term. The agency provides news under a public-service contract and also earns commercial income.


Media assets

News agency: Lusa


Ownership and governance

The state held 50.1 per cent of Lusa for many years. It acquired substantial private holdings in 2024, then the remaining shares, including NP – Notícias de Portugal’s holding, in November 2025. Following a EUR 5 million capital increase completed at the end of that year, the state held all 4,129,690 shares, representing share capital of EUR 10,324,225. The earlier figure of EUR 5.3 million describes the capital before that increase.

The sole shareholder approved revised statutes by written resolution on 29 December 2025; the government announced the governance changes in January 2026. Lusa’s website described registration of the revised statutes as pending when checked for this update.

The statutes provide for a Board of three executive members serving four-year terms. Lusa identifies Joaquim Carreira as President and Luís Ferreira Lopes and Ana Alves as Vice-Presidents for 2026 to 2029.

The statutes also establish a 13-member Advisory Council. Its membership is drawn from Parliament, the autonomous regions, municipalities, Lusa’s workers and newsroom, media-sector associations and RTP. Four seats are designated by media-sector associations; RTP designates a separate seat.

The Council monitors compliance with the public-service contract and gives opinions on the quality, professionalism and independence of Lusa’s news activity. It may issue prior, non-binding opinions on Board elections and the appointment of the director of information. It has no power to direct the agency’s activities.

In a decision reported on 9 September 2026, the media regulator ERC found that the current Board was selected just before the requirement for a prior Council opinion took effect. ERC stated that, under the arrangement adopted, the safeguard would first apply to the 2030 to 2033 Board.


Source of funding and budget

Lusa receives state compensation under its 2022 to 2027 contract for public-interest news and information services and earns revenue from other customers.

Lusa turnover and results

EUR million, rounded, from Lusa's published 2024 and 2025 reports. Turnover comprises contract compensation and own-source services. Shares calculated by State Media Monitor.
YearTurnoverState-contract compensationOwn-source servicesNet resultContract share
202318.5514.474.09−0.2578.0%
202418.3214.144.18+2.0577.2%
202519.7815.853.93+0.3480.1%
Capital and investment
4,129,690
Shares, all held by the state
10,324,225
Share capital in euro, after the increase
5,000,000
Capital increase completed end-2025
On 2 June 2026 the government approved a EUR 5 million investment and modernisation plan using the capital increase: EUR 3 million for technology and EUR 2 million for staffing. The capital increase is separate from annual turnover.
The contract
Lusa receives state compensation under its 2022 to 2027 contract for public-interest news and information services, and earns revenue from other customers. The state contract accounted for approximately 80.1 per cent of 2025 turnover.
The 2024 and 2025 results
Lusa's 2024 result included an exceptional gain associated with a court case. Its 2025 net profit was EUR 335,622. At the shareholder meeting of 30 March 2026 the 2025 accounts were approved; the proposed 2026 Activity Plan and Budget was not.

Sources: Lusa 2024 and 2025 annual reports; government announcement of 2 June 2026; shareholder meeting of 30 March 2026. Information checked to 29 September 2026.

The state contract accounted for approximately 80.1 per cent of 2025 turnover. The EUR 5 million capital increase is separate from annual turnover.

Lusa’s 2024 result included an exceptional gain associated with a court case. Its 2025 net profit was EUR 335,622.

On 2 June 2026 the government approved a EUR 5 million investment and modernisation plan using the capital increase: EUR 3 million for technology and EUR 2 million for staffing.

At the shareholder meeting of 30 March 2026 the 2025 accounts were approved; the proposed 2026 Activity Plan and Budget was not.


Editorial independence

Lusa publishes the Portuguese journalists’ deontological code and its own style book, which includes technical and ethical rules for news work.

Ad hoc analyses by the Media and Journalism Research Center in May 2023 and March 2024 found balanced coverage without preferential treatment of state bodies. The material examined for this update did not identify direct government instructions over particular stories or systematic editorial control.


AI and digital policy

Lusa’s 2025 annual report documents work involving artificial intelligence. It reports AI training for 155 workers in the first half of 2025 and proofs of concept involving sports-content automation, assistance with identifying agenda events and voice search for an audio news feed. It also describes consideration of an AI-assisted search tool for Lusa’s text archive.

No publicly available Lusa editorial AI policy was identified in the materials reviewed.


Classification rationale

Lusa remains classified Independent State-Funded and State-Managed (ISFM), provisionally.

The state owns the entire company, selects its executive Board and provided 80.1 per cent of 2025 turnover through public-service compensation, satisfying the ownership, governance and funding parts of the typology. The historical content reviews and the sources checked for this update did not identify systematic state direction of Lusa’s editorial coverage.

The editorial assessment carries a substantial qualification. ERC has challenged the legal basis of the new independence arrangements and found that the Council’s prior opinion did not protect the appointment of the 2026 to 2029 Board.

September 2026

Citation (cite the article/profile as part of):
Dragomir, M. (2025). State Media Monitor Global Dataset 2025. Media and Journalism Research Center (MJRC). Zenodo. https://doi.org/10.5281/zenodo.17219015

This article/profile is part of the State Media Monitor Global Dataset 2025, a continuously updated dataset published by the Media and Journalism Research Center (MJRC).