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PR Newswire
Industry
Communications
Founded
March 8, 1954
Founder
Herbert Muschel
Fate
Absorbed by Cision, Inc.
Headquarters
300 S Riverside Plaza,
Chicago, Illinois
,
United States
Services
Newswire distribution
Parent
Western Union (1971 - 1982)
United Newspapers (1982 - 2015)
Cision (2016 - present)
Website
www.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, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions.
^"About PR Newswire". Variety.
^Abelson, Reed (November 5, 2003). "Herbert Muschel, 85, Founder Of Service for Corporate News". The New York Times. Retrieved January 30, 2013.
^Bray, Chad (December 15, 2015). "PR Newswire Sold to Cision for $841 Million". The New York Times. Retrieved October 27, 2017.
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Baring Asia Completed". PRNewswire. October 3, 2016. "The Scientific Business of Thomson Reuters Predicts Nobel Laureates". PRNewswire. 3 October 2008. "Thomson...
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