PR Newswire

PR Newswire
Company typeSubsidiary
IndustryCommunications
FoundedAugust 3, 1954; 70 years ago (1954-08-03)
FounderHerbert Muschel
Headquarters300 S Riverside Plaza, ,
United States
Area served
Worldwide
Key people
Cali Tran (CEO) Matt Brown (President)
ServicesNewswire distribution
Parent
Websitewww.prnewswire.com

PR Newswire is a distributor of press releases headquartered in Chicago.[1] The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London.[2] In December 2015, Cision Inc. announced it would acquire the company.[3] On January 1, 2021, Cision formally merged PR Newswire into the company.

  1. ^ "About PR Newswire". Variety.
  2. ^ Abelson, Reed (November 5, 2003). "Herbert Muschel, 85, Founder Of Service for Corporate News". The New York Times. Retrieved January 30, 2013.
  3. ^ Bray, Chad (December 15, 2015). "PR Newswire Sold to Cision for $841 Million". The New York Times. Retrieved October 27, 2017.