Short answers, pulled from the story.
PrimeNewswire was founded in 1998 to eliminate the fifteen-minute delay that existed when financial releases reached all media outlets. The founders aimed to offer Investor Relations website management services alongside their distribution work.
Leaders wanted the new title to better reflect the international scope of their operations. The organization changed its name from PrimeNewswire to GlobeNewswire in 2008.
West Corporation acquired the Public Relations Solutions and Digital Media Services Businesses during April 2018. West Corporation later rebranded itself as Notified, which entered into an agreement to be acquired by Equiniti in 2025.
June 2018 saw the launch of Media Snippets which allowed organizations publishing press releases to embed a carousel of images, audio, video, and live streaming directly into their content. These features enabled companies to tell a more complete brand story while increasing engagement with media outlets, investors, and customers simultaneously.
GlobeNewswire published an unconfirmed article stating Walmart would accept Litecoin payments on the 2nd of September 2021. Millions of dollars in crypto exchanges were liquidated as traders reacted to the claim before the article was deleted from the platform.