A package is a self-contained taped news report. Usually, the news anchor will read an introduction live, then the pre-recorded story will be shown.
A common part of a news package is the appearance of a reporter talking into the camera. This is called a "standup" because the reporter is often seen standing in front of the camera on the scene of the story.
News packages usually run for 1:15 to 2:00 in length. In the case of magazine-style news programming, packages can be 20 minutes or longer. This type of news presentation is best for complicated stories or ones that have multiple interviews.