What is PR Newswire's business focus and history?
PR Newswire is a private company based in Chicago, Illinois, founded in 1954 by Herbert Muschel. It operates as a global provider of multimedia platforms for press release distribution and media services. PR Newswire was acquired by Cision in 2016 for $841 million. The company has 1,200 employees and serves tens of thousands of clients worldwide.
PR Newswire Corporate Details & Core Services
PR Newswire is a global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs, and investor relations officers to leverage content to engage with key audiences. The company offers end-to-end solutions to produce, optimize, and target content, distributing and measuring results across traditional, digital, mobile, and social channels.
PR Newswire Contact Information & Official Links
What are PR Newswire's Key Business Metrics & Stats?
No of employees
1200
Founded year
1954
Type
private
SAICS CODE
8999
NAICS Code
519130
Industry
Media
Location
Chicago, Illinois, United States
Parent Company
cision.com
Subsidiary Company
prnewswire.co.uk, prnasia.com
Other website
prnewswire.co.uk, prnasia.com
Pricing Strategy
standard, premium, enterprise
PR Newswire
Firmographic Snapshot
2026
1954
Founded Year
1200
Global Employees
United States
Headquarters
Media
Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has PR Newswire raised to date?
Name
Description
Latest Valuation
841 Million (USD)
What are PR Newswire's Core Products?
Name
Description
Press Release Distribution
Distribute press releases to a global network of media outlets and journalists.
Multimedia Content Services
Enhance press releases with multimedia elements like photos and videos.
Media Monitoring
Monitor media coverage and analyze the impact of press releases.
What are the latest developments at PR Newswire?
Date
Type
Description
November, 2025
article
PR Newswire Claims AI & SEO Leadership in Crowded News Distribution Market
PR Newswire VS Business Wire VS GlobeNewswire : 2026 Comparison
Feature
PR Newswire
Business Wire
GlobeNewswire
Core Strengths
Press Release Distribution, Multimedia Content Services, Media Monitoring
Press Release Distribution, Investor Relations Services, Multimedia Distribution, Reporting & Analytics
Press Release Distribution, Media Snippets, Streaming Media Player
Founded Year
1954
1961
1998
Stock Name/Ticker
Type
private
private
private
Global Employees
1200
Revenue (Annual)
$100 Million(1998)
Headquarters
Chicago, Illinois, United States
San Francisco, California, United States
El Segundo, California, United States
Latest Valuation
$841 Million
What are PR Newswire's official legal and registration details?
Name
Description
Legal Name
PR Newswire Association LLC
Cin number
GST number
Registration number
Who is in PR Newswire's executive leadership team?
Name
Designation
CEO
Guy Abramo
President
Matt Brown
Where are PR Newswire's primary office locations?
City
Country
New York
United States
London
United Kingdom
Hong Kong
China
What are the current business signals and market intelligence for PR Newswire?
Spending next 3 months
AI integration, SEO optimization, multimedia content services
Pain points
effective press release distribution, media outreach, content visibility
Sales motion
direct sales, online subscriptions
Buyer Persona
PR professionals, marketing managers, corporate communicators
Type of customer
corporate communicators, public relations agencies, investor relations officers
Key customer domain
fortune500.com, startups.com
Annual ACV
$10,000 - $50,000
What is PR Newswire's annual revenue history?
Year
Revenue (USD)
1998
100 Million
What are PR Newswire's risk management and compliance ratings?
GDPR RIsk
Yes
Privacy Risk
Yes
Company Ratings
2.5
Glassdoor Rating
2.5
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
Yes
Mobile App
Yes
Retail
No
B2B
Yes
B2C
No
Manufacturing
No
Wholesale
No
Importer
No