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

Website https://www.prnewswire.com
Social        
Email id [email protected]
Phone number (212) 832-9400
Head office address Chicago, Illinois, United States
Tags press release distribution public relations media services

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    
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

What are PR Newswire's business model and service classifications?

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
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