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GlobeNewswire

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Global press release distributor

GlobeNewswire, Inc.
Logo
Company typeSubsidiary
Industry
  • Publications
  • communications
GenrePress release
FoundedJune 1, 1998 (1998-06-01)[1]
Headquarters,
United States
ProductsNewswire service
ParentNotified
Websiteglobenewswire.com

GlobeNewswire providespress release distribution services globally, with substantial operations inNorth America,Europe andAsia. In 2025, Notified, parent company GlobeNewswire entered into an agreement to be acquired byEquiniti.[2]

GlobeNewswire was aNasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Notified) acquired thePublic Relations Solutions andDigital Media Services Businesses,[3] including GlobeNewswire.

Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope.[4]

History

[edit]

GlobeNewswire was established in 1998 with the goal of eliminating the 15-minute delay in disclosing financial releases to all media, as well as offeringInvestor Relations website management services, hosting online customer service centers, and delivering the news viaHTML email.[5]

GlobeNewswire facilitates the distribution of corporate press releases, financial disclosures, and multimedia content to various stakeholders, including the media, investment community, individual investors, and the general public.[5]

In 2012, GlobeNewswire introduced its Streaming Media Player, which allows users to alternate between videos and slides while monitoring a variety of news sources.[6]

In June 2018, GlobeNewswire introduced Media Snippets, providing the ability fororganizations publishing press releases to embed a carousel ofimages, audio,video, andlive streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors, and customers.[7]

Notable events

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In September 2021, GlobeNewswire published an unconfirmedfake news article thatWalmart will accept Litecoin LTC payments. As a result, millions of dollars incrypto exchanges were liquidated. Shortly thereafter, the article was deleted, but the damage had already been done. The article was primarily launched by a possibly hacked LiteCoin Twitter account; alternatively, active assistance to manipulate the market is also conceivable.[8][9]

See also

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References

[edit]
  1. ^"GlobeNewswire Inc Company Profile".Bloomberg. RetrievedMarch 19, 2023.
  2. ^"Equiniti to acquire Notified from West Technology Group".PRWeek. March 17, 2025.
  3. ^"West Corporation Closes Landmark Acquisition of Nasdaq's Public Relations and Digital Media Businesses".GlobeNewswire. April 16, 2018.
  4. ^"PrimeNewswire is now GlobeNewswire".PRWeek. August 21, 2008.Archived from the original on March 5, 2016. RetrievedMarch 8, 2024.
  5. ^ab"About Us".globenewswire.com. RetrievedFebruary 25, 2024.
  6. ^Krietsch, Beth (June 4, 2012)."NASDAQ OMX to launch video platform at NIRI".PRWeek. RetrievedMarch 8, 2024.
  7. ^"West Corporation Introduces Media Snippets, Interactive Multimedia Modules for Content Publishing".GlobeNewswire.
  8. ^Macheel, Tanya (September 13, 2021)."Walmart says crypto payments announcement is fake. Litecoin tumbles after spike".CNBC. RetrievedSeptember 13, 2021.
  9. ^"Walmart denies tieup with litecoin, fake statement rattles cryptocurrency".Reuters. September 13, 2021. RetrievedSeptember 13, 2021.

External links

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Operator of theNasdaq, Nasdaq Baltic andNasdaq Nordic stock exchange systems
Exchanges
Main indices
Other holdings
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