Short answers, pulled from the story.
GlobeNewswire was established in 1998 and originally operated under the name PrimeNewswire. The founders created the company to eliminate the fifteen-minute delay in disclosing financial releases to all media.
The organization changed its name to GlobeNewswire in 2008 to better reflect its expanding international scope and operations across North America, Europe, and Asia. This rebranding signaled a shift from a domestic focus to a platform capable of handling the complex needs of multinational corporations.
GlobeNewswire operated as a subsidiary of Nasdaq, Inc. from September 2006 until April 2018 when West Corporation acquired the Public Relations Solutions and Digital Media Services Businesses. West Corporation is now known as Notified and the company was later acquired by Equiniti in 2025.
In September 2021, GlobeNewswire published an unconfirmed fake news article stating that Walmart would accept Litecoin payments. This false announcement triggered a massive market reaction causing millions of dollars in crypto exchanges to be liquidated within hours before the article was deleted.
GlobeNewswire introduced its Streaming Media Player in 2012 which allowed users to alternate between videos and slides while monitoring news sources. The platform officially launched the Media Snippets feature in June 2018 to enable organizations to embed images, audio, video, and live streaming into press releases.