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Category: PR ServicesReturn to Latest News
Mon., Apr. 7, 2014
GTCR Takes Vocus Private
By Kevin McCauley
 
vocusGTCR LLC, the Chicago-based private equity firm that made a run at Cision, is taking Vocus private in a cash transaction pegged at $447M.
Category: PR Services
Fri., Apr. 4, 2014
Meltwater Goes Public with $138M Cision Bid
By Greg Hazley
 
cisionPR software provider Meltwater, which said last month that its stake in Cision had surpassed 10%, has bid $138M in cash for the company, topping an offer by investing firm Blue Canyon Holdings.
Category: PR Services
Mon., Mar. 24, 2014
Investment Firm Ups Offer for Cision Amid Meltwater Interest
By Greg Hazley
 
Blue Canyon Holdings, the takeover unit of GTCR Investment X AIV that made a bid for Cision in February, upped its offer six percent to 55.10 Krona, or about $8.56 per share, as another bidder entered the fray.
Category: PR Services
Thu., Mar. 20, 2014
Marketwired Cuts Feeds for High-Speed Traders
By John O'Dwyer
 
Marketwired said it will stop selling direct feeds to high-speed traders, following rival Business Wire in the wake of a February Wall Street Journal report showing how the traders gain an advantage through newswire data.
Category: PR Services
Fri., Mar. 7, 2014
Cision Postpones Annual Meeting Amid Takeover Offer
By Greg Hazley
 
PR software provider Cision has postponed its annual meeting originally slated for April 9 as a takeover offer from a Chicago investment firm runs through March 27.
Category: PR Services
Fri., Feb. 28, 2014
PR Newswire 2013 Revenue Tops $300M
By Greg Hazley
 
pr newswireUBM reported today PR Newswire's 2013 revenue climbed 1.9% to £201.8M, or about $316.2M by the average 2013 exchange rate.
Category: PR Services
Fri., Feb. 21, 2014
Business Wire Pulls Plug on High-Speed Traders
By Greg Hazley
 
Business Wire, responding to a Feb. 7 Wall Street Journal report about high-frequency traders exploiting its news feed, said it will stop licensing direct feeds to those trading firms.
Category: PR Services
Fri., Feb. 14, 2014
Chicago Investment Firm Makes Move On Cision
By Kevin McCauley
 
GTCR Investment is bidding for Cision, offering a cash premium of more than 50 percent for the Swedish provider of PR software and services. Fourth quarter revenue declined 11.3%.
Category: PR Services
Mon., Feb. 10, 2014
Vocus Loss Widens on Slight Q4 Revenue Gain
By Greg Hazley
 
Vocus reported a slight one percent increase in fourth quarter 2013 revenue to $47.5M as net loss widened to $3.8M, up from $3.2M for the same period of 2012.
Category: PR Services
Fri., Feb. 7, 2014
WSJ: Speed Traders Use Newswires to Get Edge
By Greg Hazley
 
So-called high-frequency traders are taking advantage of direct news feeds from Business Wire and Marketwired to gain an advantage on "less fleet-footed investors," according to a Wall Street Journal report.
Category: PR Services
Fri., Nov. 22, 2013
Attacking Poverty Is Good Business, James Tells IPR
By Jack O'Dwyer
 
iprThe Bill and Melinda Gates Foundation gives away $4 billion a year to battle disease and poverty worldwide “but it’s a drop in the ocean in terms of what needs to be invested to solve these big, complex problems,” Gates Foundation communications head Kate James told the Institute for PR last night at the Yale Club, New York.
Category: PR Services
Fri., Nov. 1, 2013
Gorkana Media Data Firm of UK Invades US
By Jack O'Dwyer
 
The Gorkana Group, part of the same company that owns Durrants, U.K., press clipping service, was a major player at the 2013 conference of PR Society of America in Philadelphia Oct. 26-29.
Category: PR Services
Fri., Oct. 25, 2013
Clip Service Lets Users Embed Ad-Free News Video on Own Sites
By Greg Hazley
 
clip premiumVideo monitoring company Critical Mention today unveiled a service to let clients embed news coverage directly on their own websites and mobile channels through a venture with sister company Clip Syndicate.
Category: PR Services
Wed., Oct. 23, 2013
Cision Endures 'Difficult' Q3
By Greg Hazley
 
PR software provider Cision reported third quarter revenue fell 12% to around $31.8M as net loss surged to $49.6M on a large write-down of goodwill in North America.
Category: PR Services
Thu., Oct. 17, 2013
Hackers Crack PR Newswire Database
By Greg Hazley
 
pr newswireHackers broke into a PR Newswire database containing thousands of overseas customer records earlier this year, the company acknowledged this week.
Category: PR Services
Thu., Sep. 5, 2013
Publicis Acquires TPM Communications
By Kevin McCauley
 
Publicis Groupe has acquired Toronto's TPM Communications, a video, digital and event firm with 35 staffers.
Category: PR Services
Tue., Jul. 30, 2013
Radio Still Provides Big Bang for PR Buck
By Shel Lustig
 
shel lustigRadio's versatility, affordability and myriad environments can accommodate a range of messages, deliver a significant audience, convey a personal story, and do it all at a reasonable cost. Simply put, radio still provides a big bang for the buck.
Category: PR Services
Mon., Jul. 22, 2013
PR Video Shop West Glen Shuttered After 40 Years
By Greg Hazley
 
West Glen Communications, a long-running video PR services provider based in New York, has shuttered amid a Chapter 7 bankruptcy filing.
Category: PR Services
Wed., Jun. 26, 2013
Online Reputation Firm Becomes Brand.com
By Greg Hazley
 
brandReputationChanger.com, a four-year-old player in the competitive digital reputation market, has acquired the domain Brand.com in a six-figure deal and will change its name to suit the move.
Category: PR Services
Wed., Jun. 12, 2013
PR Services: Cision CFO to Step Down, Marketwire Adds CMO, Broadcaster Taps Critical Media
By Greg Hazley
 

kurt heinemanChief financial officer for Cision for the past two years will leave the PR software company in the fourth quarter ... Marketwired Looks to Tech for First CMO ... Broadcaster taps Critical Media for digital production, distribution ...

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