GlobeNewswire
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Company type | Subsidiary |
|---|---|
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| Industry | Script error: No such module "WikidataIB". |
| Genre | Press release |
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| Headquarters | , United States |
| Products | Newswire service |
| Revenue | Script error: No such module "WikidataIB". |
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| Parent | Notified |
| Website | globenewswire |
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GlobeNewswire provides press release distribution services globally, with substantial operations in North America, Europe and Asia. In 2025, Notified, parent company GlobeNewswire entered into an agreement to be acquired by Equiniti.[2]
GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Notified) acquired the Public Relations Solutions and Digital 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
GlobeNewswire was established in 1998 with the goal of eliminating the 15-minute delay in disclosing financial releases to all media, as well as offering Investor Relations website management services, hosting online customer service centers, and delivering the news via HTML 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 for organizations publishing press releases to embed a carousel of images, audio, video, and live 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
In September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. As a result, millions of dollars in crypto 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
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- ^ Page Module:Citation/CS1/styles.css has no content."GlobeNewswire Inc Company Profile". Bloomberg. Retrieved March 19, 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."Equiniti to acquire Notified from West Technology Group". PRWeek. March 17, 2025.
- ^ Page Module:Citation/CS1/styles.css has no content."West Corporation Closes Landmark Acquisition of Nasdaq's Public Relations and Digital Media Businesses". GlobeNewswire. April 16, 2018.
- ^ Page Module:Citation/CS1/styles.css has no content."PrimeNewswire is now GlobeNewswire". PRWeek. August 21, 2008. Archived from the original on March 5, 2016. Retrieved March 8, 2024.
- ^ a b Page Module:Citation/CS1/styles.css has no content."About Us". globenewswire.com. Retrieved February 25, 2024.
- ^ Page Module:Citation/CS1/styles.css has no content.Krietsch, Beth (June 4, 2012). "NASDAQ OMX to launch video platform at NIRI". PRWeek. Retrieved March 8, 2024.
- ^ Page Module:Citation/CS1/styles.css has no content."West Corporation Introduces Media Snippets, Interactive Multimedia Modules for Content Publishing". GlobeNewswire.
- ^ Page Module:Citation/CS1/styles.css has no content.Macheel, Tanya (September 13, 2021). "Walmart says crypto payments announcement is fake. Litecoin tumbles after spike". CNBC. Retrieved September 13, 2021.
- ^ Page Module:Citation/CS1/styles.css has no content."Walmart denies tieup with litecoin, fake statement rattles cryptocurrency". Reuters. September 13, 2021. Retrieved September 13, 2021.
External links
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