Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Business Wire history
Business Wire company history timeline
Business Wire was founded in 1961 by Lorry I. Lokey.
Business Wire launched its website in May 1995.
In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD).
Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London.
On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with primary or secondary listings on the Deutsche Boerse.
On January 17, 2006, Berkshire Hathaway announced that it was purchasing Business Wire for an undisclosed amount.
The move came in anticipation of the anticipated implementation of the EU's Transparency Obligations Directive (TOD). On January 1, 2007, Autorité des marchés financiers, the French Financial Markets Regulator, approved Business Wire to operate as a Regulatory Disclosure Service in France.
In 2008, Business Wire partnered with ImpreMedia to launch LatinoWire, a news distribution service that distributes brand content to Hispanic websites, media outlets, journalists and bloggers.
In 2011, Business Wire received a patent for the technological process of optimizing and distributing press releases to maximize their ability to be found and tracked in leading search engines.
On September 23, 2013, Business Wire announces exclusive distribution partnership with VentureBeat On November 3, 2013, Business Wire opened its office in Hong Kong.
In January 2014, Business Wire launched a new news and content distribution enhancement service.
In April 2017, its Chief Executive Officer and President Cathy Baron Tamraz retired and was replaced by long time CFO Geff Scott.
Rate how well Business Wire lives up to its initial vision.
Business Wire jobs
Do you work at Business Wire?
Does Business Wire communicate its history to new hires?
Business Wire competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bloomberg | 1981 | $10.0B | 20,000 | 718 |
| Meredith Corporation | 1902 | $3.0B | 7,915 | 45 |
| TheStreet | 1996 | $62.5M | 800 | - |
| Business Insider | 2007 | $290.0M | 9,615 | 4 |
| MarketWatch | 1997 | $10.5M | 246 | - |
| ViacomCBS | 2019 | $14.5B | 12,700 | - |
| The Motley Fool | 1993 | $26.6M | 726 | 3 |
| American City Business Journals | 1985 | $280.0M | 1,900 | 21 |
| Mashable | 2005 | $16.0M | 120 | - |
| eBay | 1995 | $10.3B | 13,300 | 226 |
Business Wire history FAQs
Zippia gives an in-depth look into the details of Business Wire, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Business Wire. The employee data is based on information from people who have self-reported their past or current employments at Business Wire. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Business Wire. The data presented on this page does not represent the view of Business Wire and its employees or that of Zippia.
Business Wire may also be known as or be related to BUSINESS WIRE, Business Wire, Business Wire Inc and Business Wire, Inc.