Category Archives: Business Wire

Women in PR North America Launches Corporate Partnership with Business Wire

(BRK.A), (BRK.B)

The Organization of Canadian Women in Public Relations (Women in PR Canada) and the Organization of American Women in Public Relations (Women in PR USA) have announced Berkshire Hathaway’s Business Wire as a corporate partner with Women in PR North America.

With Business Wire’s support, Women in PR North America can continue to expand its professional development, networking, and educational content programs for women in public relations.

“Business Wire’s support is vital to continuing to scale our programs and provide new opportunities and services to our members,” said Talia Beckett-Davis, President of Women in PR North America. “They continue to demonstrate their commitment to developing leadership opportunities for women in the public relations and communications field.”

Business Wire’s corporate partnership will help Women in PR North America continue to be an important source of information for women in the field, a key player in the rapidly changing industry, and a global champion of women business leaders.

“We believe in supporting organizations that contribute to advancing the field of public and investor relations,” said Geff Scott, Chief Executive Officer of Business Wire. “Women in PR North America is an important organization that creates opportunity for women to develop their leadership skills and visibility.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Business Wire Partners with Q4

(BRK.A), (BRK.B)

Berkshire Hathaway’s Business Wire, the global leader in press release distribution, and Q4 Inc., the leading provider of cloud-based investor relations solutions, have created an exclusive, global partnership that combines Business Wire’s industry leading newswire and distribution services with Q4’s best-in-class advanced technology.

Under the agreement Business Wire and Q4, who jointly serve the world’s largest companies, will provide customers with access to a comprehensive suite of distribution, web hosting and design, webcasting, intelligence, analytics, and investor engagement solutions.

“As a trusted partner to the world’s largest global brands, we have a unique vantage point from which to identify and provide the most advanced solutions for our clients,” said Geff Scott, CEO, Business Wire. “In Q4, we chose a partner who not only provides best-in-class technology, but also shares our deep commitment to ensuring mutual clients have access to the most powerful, efficient, and effective solutions to meet the challenges of today’s complex business environment.”

“Helping our clients achieve their strategic investor relations’ objectives is our core focus and we continue to build out our suite of products and partnerships to support that mission,” said Darrell Heaps, CEO, Q4 Inc. “We are honored to be partnered with Business Wire, a respected and innovative brand that is entrusted with the world’s most important news. Q4 is excited to offer Business Wire’s services and together we look forward to delivering significant value to our clients.”

The companies will also collaborate on future solutions designed to help global organizations drive valuation, reduce volatility, deepen stakeholder engagement, and streamline the complex workflows involved in creating, distributing, hosting, and updating critical content for investors, influencers, and customers.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Business Wire Announces Expansion Of Its Paris Office

(BRK.A), (BRK.B)

Berkshire Hathaway’s Business Wire, the global leader in press release distribution and regulatory disclosure, has announced that its Paris office has moved and is expanding.

Business Wire France was launched in October 2005 and is now relocating Place de la Madeleine in Paris with the ambition to add new staff and increase its market share in France and Southern Europe.

For Patrice le Tulle, Business Wire Regional Director France & Southern Europe, “moving in this new space in the heart of Paris gets us closer to our historical clients and for our clients abroad, the address reflects our international dimension. Besides, we will be able to organize workshops and seminars around PR, IR and other topics linked to our industry because we now have the capacity to host these types of events”.

Business Wire Paris office has its own newsroom with a team of professional editors. With 19 newsrooms and over 200 editors worldwide, Business Wire is the only newswire service to offer such a proximity relationship with its clients. Building local presence is key to Business Wire to better understand the communications needs of companies and industries in their local markets.

French companies will continue to benefit from the large distribution networks Business Wire provides as well as local assistance, two fundamentals of Business Wire to better serve its clients. From press releases distribution with photos and videos, disclosure, online newsrooms, interactive media, content marketing platforms to analytics and social media monitoring, Business Wire has a wide range of services to suits all communications needs.

“We are extremely proud to see our Paris office expands”, explains Geff Scott, Business Wire’s CEO. “After ten years of growth, this office has the ambition to further develop the Business Wire group’s clients base in Italy, Spain and Portugal, countries where the newswire culture is still not widespread. For PR and IR professionals, this announcement is a sign of the vitality of Business Wire and its industry.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

NASDAQ Acquisition of Marketwired to Increase Pressure on Berkshire’s Business Wire

(BRK.A), (BRK.B)

Berkshire Hathaway’s press release service Business Wire has already been facing pressure from companies moving to Twitter and other social media to release financial information, now NASDAQ is moving to acquire competitor Marketwired LP in a move that could further erode their business.

NASDAQ says the acquisition will close in the first quarter of 2016, barring any regulatory hurdles.

No price for the acquisition has been announced, but Reuters reports that the company is valued in the range of $200 million. NASDAQ will be using both debt and cash for the acquisition.

Founded in 1983, Toronto-based Marketwired states that it provides news distribution and social communication solutions to public relations, investor relations and marketing professionals who represent companies of all sizes, from start-up to Fortune 500.

Acquired by Berkshire Hathaway in 2006, Business Wire currently has some 500 employees in 32 bureaus across the globe, and bills itself as the n the global leader in press release distribution and regulatory disclosure.

© 2016 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.