Local Coverage Can Transcend the Community it Serves

May 11, 2012

by Molly Pappas, Media Relations Specialist, Business Wire Boston

Last Thursday, over 100 PR and communications professionals attended Business Wire Boston’s media panel breakfast event focused on the ever-changing media landscape.  Panelists from the Boston Business Journal, Christian Science Monitor, Boston Herald, Patch.com and Mass High Tech discussed how news is changing in a digital environment, ways publications measure success and the differing views on paywalls.

Panelists included Frank Quaratiello, Boston Herald’s business editor, George Donnelly, executive editor at Boston Business Journal, Mass High Tech’s newest associate editor, Don Seiffert, associate regional editor of Patch.com, Abby Jordan, and Leigh Montgomery, Christian Science Monitor’s librarian.  Business Wire’s own Sanford Paek, Group Vice President of Eastern U.S. and Canada, served as moderator.

L-R: Sanford Paek, Frank Quaratiello, George Donnelly, Abby Jordan, Leigh Montgomery, Don Seiffert

Here are some of the highlights from the discussion:

News changing in a digital environment:

  • Digital formatting has changed the way in which the media address their audience.  In terms of storytelling, the visual experience online can be interesting.  Donnelly says the Boston Business Journal runs two to three slideshows a week.
  • The Boston Herald has played around with its homepage and moved the video player there, and has since seen a dramatic increase on time spent on the site.  Videos bring in about 180,000 views.
  • Digital environments have brought about a different world of immediacy to Jordan and her Patch.com team.  They do not wait for an end-of-the-day deadline like print publications; instead, they are continually updating their sites, usually five to seven times a day.  “The site is not just for people to consume, but to interact with,” says Jordan.  For example, people can upload their own events on the site for display.
  • “We need to put aside old media/new media; it’s just media,” says Montgomery.  In 2009, the Christian Science Monitor was the first international publication to drop its daily print and move to a Web daily only.  They still adhere to a publishing schedule, but she says they have more flexibility to publish throughout the day online (usually 30 stories per day).
  • Seiffert has found that the length of stories and deadlines are affected by the digital environment.  “There are losses to the digital age.  You lose the ability to report longer, more well-crafted stories,” he says.

Measuring success:

  • Patch.com is unique in that it does not have a print subscription number to base its success on.  “We are the new kids on the block.  We measure success on the number of unique visitors on the site, the number of comments on a story, how our readers interact with the site,” Jordan says.
  • For Quaratiello and the Boston Herald, circulation of print product is an obvious measure of success.  But it’s also about the visitors online, who are building a community and using the Herald as a “meeting place” of sorts.  The Herald has helped create a forum, engaging the paper and its readers.
  • As an online publication, the Christian Science Monitor can draw on a lot of online usage data, such as quizzes, to monitor success.  The core, however, is solution seeking, Montgomery says.  When a story is being discussed and you hear and see it in conversation, that is considered a measure of success.
  • While the Boston Business Journal has really embraced analytics, they try not to allow it to be the sole decision maker on the news they cover and publish.  “We want to give people as much as we can in an interesting way,” says Donnelly.
  • For Seiffert, there is a constant struggle between balancing context and ‘hits.’  “We measure success on Tweets, join/follows on Facebook, the most read and most emailed articles.  But there is a danger of losing the personal connection,” he says.

Paid content vs. free:

  • “Readers aren’t tired of free news, the newspapers are tired of giving out free news,” says Seiffert.
  • “I do not think paid online subscriptions will be successful.  It’s just not going to pay the bills,” says Quaratiello.  Donnelly, however, disagrees.  He sees the tide turning in the other direction, and believes that it’s necessary. “Newspapers are realizing that readers need to subsidize revenue.  Newspapers are dispersing news worth paying for.  Valuable news shouldn’t be free,” he argues.
  • Patch.com has not looked at a paywall.  They use metrics to get advertisers, thus bring in revenue.
  • Because of the Christian Science Monitor’s multiplatform model (Internet first and paid print subscriptions), Montgomery believes the publication will be self-sustaining by 2017 because of the revenue they bring in.

The panelists ended the event with a few quick pointers on how they like to be pitched:

  • Seiffert always likes to talk to someone directly.  However, if that isn’t possible, provide links or pointers to other primary sources he can contact.
  • “When we get information, our day begins.  It’s frustrating and annoying when someone sends in a release at 5, then leaves and we can’t get them on the phone,” Quaratiello says.
  • Both Jordan and Donnelly are happy to accept photos, but he advises that they be no more than 1 megabyte.  Editors and reporters are weary of opening photo attachments because they can cause computers to freeze or shut down.

For more upcoming local Business Wire events or to see what’s coming up in our award-winning webinar series, visit our events page or follow Business Wire events on Twitter, hashtag #bwchat.


Local Bureau, National Media: Four Major Outlets Tell PR Professionals How to Get Their Attention

May 9, 2012

by Andrea Gillespie, Account Executive, Business Wire Chicago

With Chicago being the third largest media market in the US, many national media contacts call The Windy City home. Whether their beat is the entire Midwest or specific industry groups, knowing who’s who in the Chicago national media scene can earn you more placements. In April, Business Wire hosted some of these national news gatekeepers to learn what types of pitches stand out and how to get national attention for your company or client.

Cheryl Corley, National Desk Correspondent, NPR

Based in NPR’s Chicago Bureau, Cheryl Corley travels primarily throughout the Midwest, covering issues and events from Ohio to South Dakota as a National Desk reporter.

Pitch tips:
  • Cheryl is interested in stories that have a national or at least a broad Midwestern scope.  If a story is too focused on one specific state or city, she will refer the person to the local station.
  • Because of the radio format, she is not as interested in video. Adding still photography is helpful to create interest in your pitch, but no attachments.
  • The librarians for NPR are frequently called upon by NPR correspondents to do research for stories, so they are good contacts to have. They regularly scour and post queries to social media sites for experts.
Jason Dean, Chicago Bureau Chief, The Wall Street Journal and Dow Jones Newswires

Jason Dean oversees coverage of subjects including economic, political and cultural developments in the Midwest; national education issues; the agriculture and foods business; the airline and aerospace industries; and key financial exchanges.

Pitch tips:
  • Jason prefers personal pitches – just plugging his name into an email that went to a large group of people doesn’t fool him.
  • He also suggests doing research to identify which WSJ/Dow Jones reporter covers your industry. The Chicago Bureau does not cover all Chicago companies. For example, Chicago tech companies are covered by the San Francisco bureau.
  • Pitch visuals. With every story they cover, they consider what type of video component can be added to it. While they prefer to shoot their own video, it’s helpful to include a link to b-roll or your spokesperson in action in your pitch. He requests links only – no attachments.

Andy Fies, Producer, ABC News

Great crowd at the BW Chicago event!

Andy Fies is one of two producers based in ABC’s Midwest Bureau covering stories for World News with Diane Sawyer,Good Morning America, Nightline and ABCNews.com. His primary area of responsibility is news of national interest from the nation’s heartland.
Pitch tips:
  • Andy is interested in covering stories from all Midwestern companies, but he is mostly drawn to those that show how people on the street are being affected. They want to put a personal view into every story they cover.
  • As ABC recently merged with Yahoo! News, consider the digital version of your story. This means photos and visuals of your story are necessary.
Greg Stricharchuk, Editor, Sunday Business Section, The Chicago Tribune

As an editor in the business news section, Greg Stricharchuk works with reporters and helps conceptualize and edit their stories. He’s also specifically responsible for the Sunday business section.

Pitch tips:
  • While you can copy Greg on your pitches to reporters, it’s best to read the paper and know who writes about your topic. Pitch them directly first.
  • Greg is mainly interested in publicly held companies – not so much private companies or organizations, unless they are starting an industry trend or obtaining significant funding.
  • Don’t pitch experts 2-3 days after a story breaks. Oftentimes, stories are starting to form days before the actual news breaks. Get your expert pitches to the appropriate editor before that happens.
  • Remember that the Tribune is comprised of six newspapers, online sites and TV stations. Pitches that show how the story can cross all mediums are typically well-received.
Thanks again to all of our clients and the communications professionals who were able to join us.
For more upcoming local Business Wire events or to see what’s coming up in our award-winning webinar series, visit our events page or follow Business Wire events on Twitter, hashtag #bwchat.

It’s All About Marketing and PR Convergence with Our New Smart Marketing Page

May 8, 2012
For professional communicators today, there is a growing understanding that PR and marketing efforts must work in unison to be most effective.  For example, the cost of the keywords that marketing bids on in their advertising outreach can be reduced when PR successfully gets those same keywords embedded and issued/posted/shared in their audience engagement efforts.
 
With press releases, we know that multimedia enhances click-thru rates and improves audience engagement.  When public relations leverages existing marketing assets, it reinforces brand messaging and helps marketing achieve the multiple touch points needed for audiences to act.  Both marketing and PR ultimately engage many of the same audiences by the very nature of how content is found and shared online.
 
For PR practitioners, this provides an opportunity to show how they can cost-effectively and measurably complement and boost the overall marketing impact.  As you build your next press release, work with marketing to develop and use common campaign keywords, add SEO-relevant, measurable touch points such as links from press release content deep into the organizations website, include “buy this” buttons and add multimedia visuals and videos, all driving measurable traffic, revenue and engagement tied to shared campaign objectives.
 
The launch of our new Smart Marketing Page provides a tremendously cost-effective new platform to achieve marketing/PR message unity that is measurable.  It helps PR grab a larger share of the marketing voice by pushing out press release and multimedia content via the powerful Business Wire news network to media and online audiences across the country, deep into your industry and around the web.  It also posts to our EON: Enhanced Online News platform, all designed to provide easy audience engagement and SEO-boosting exposure.
 
The Smart Marketing Page gives marketers a branded platform that is SEO friendly with assets that are easy to share, allowing for the inclusion of polls, multimedia galleries and custom branding.  It provides both with valuable multimedia tools and measurement metrics to evaluate and adjust campaigns against marketing objectives.

Check out the Business Wire SMP and see for yourself why we’re so excited about this new platform. Then contact your local BW account executive to get started.

Watch. Like. Comment. Win!

Watch this video about the new features of the Smart Marketing Page on our Facebook page. Like our page and leave us a comment on the video and you’ll be automatically entered to win a $25 Amazon gift card! (US/Canada only.) We’ll be giving one away every day until May 18. Good luck!


Journalists Tweet Their PR Pet Peeves

May 2, 2012
compiled by Raschanda Hall, Global Media Relations Manager, Business Wire/Chicago
Recently @muckrack asked journalists to share some of their pitching pet peeves in a #muckedup chat. I’ve compiled my favorites for your learning pleasure.
  1. Share
    “@muckrack I automatically delete any pitch that begins, “Dear Sir/Madam”
    Wed, May 02 2012 10:41:11
  2. Share
    “@muckrack Don’t start emails with “how are you?” when we’ve never met #muckedup
    Wed, May 02 2012 11:52:25
  3. Share
    “@muckrack pet pitch peeve: “since you just wrote about ______, thought you’d be interested in _____.” No, I just wrote about it.
    Wed, May 02 2012 10:36:17
  4. Share
    “.@muckrack pitch peeve: leading w/ “I just read your AMAZING story about X, and..” Flattery has gotten better PRs than you nowhere, dear.
    Wed, May 02 2012 10:54:54
  5. Share
  6. Share
    “@muckrack PR peeve: pitches for “story ideas” (no, that’s my job) or for “free articles” (seriously?!)
    Wed, May 02 2012 10:50:53
  7. Share
    “Pet #PR peeves: (1) no photos or links to photos; (2) UK releases that arrive the day after the US release; (3) PR not around. cc @muckrack
    Wed, May 02 2012 11:54:07
  8. Share
    “@muckrack Mistaking me for a .com writer when I write for a monthly mag. Don’t pitch me tax tip stories when we’re working on July #muckedup
    Wed, May 02 2012 11:50:24
  9. Share
    @muckrack asking for questions ahead of time only to later give prepared and safe answers. #muckedup boring!!
    Wed, May 02 2012 11:56:39
  10. Share
    “@muckrack “Our CEO is in town this week, it would be useful for you to meet him!” Translated: “Oh crap, we need to look like a good PR team”
    Wed, May 02 2012 10:54:52
  11. Share
    “@muckrack Pitching a source 2 days after a story was in the headlines. You are late and wasting my time.
    Wed, May 02 2012 10:45:08
  12. Share
    (Unsolicited) PR email of the day: ‘Please let me know you agree to the below embargo so I can send you a press release.’ (@muckrack)
    Wed, May 02 2012 11:02:46
  13. Share
    “@muckrack Being asked by a PR to send a link to them *when* we write up the story. File under: ‘Dumb as a brick’. #muckedup
    Wed, May 02 2012 11:53:58
  14. Oh, and then the tides turned: PR pros were asked to share their journalist pet peeves.

  15. Share
    “.@muckrack when 300 reporters email you at once during a crisis & then write “X couldn’t be reached for comment.” #muckedup
    Wed, May 02 2012 11:34:35
  16. Share
    “@muckrack Journos that never respond. A simple “not the right fit, send it to this colleague” helps me better target my pitch next time.
    Wed, May 02 2012 11:42:40
  17. Share
    “.@muckrack Reporters who agree to briefings, then go MIA when it comes time to schedule #muckedup
    Wed, May 02 2012 11:04:33
  18. Share
    “@muckrack What used to annoy me was reporters assigned to cover high-tech who knew nothing about the topic
    Wed, May 02 2012 10:57:46
  19. Share
    “@muckrack main bugbear is rudeness (although i’d be tetchy if i was bombarded all day too i guess). we’re human too, we’re not punchbags
    Wed, May 02 2012 10:59:18
  20. Share
    “@muckrack ordering sample cakes for a “product review” aka the editor’s daughter’s 4th birthday. No product review appears #havingalaugh
    Wed, May 02 2012 11:03:38
  21. And yet another turn of events; Journalists decided to balance it out and offer some praise for PR done well.

  22. Share
    “@muckrack @jenwieczner I like “how are you”! Makes the pitch seem more human, less automated. #muckedup
    Wed, May 02 2012 11:58:12
  23. Share
    “Exactly, @muckrack. Gotta be balanced, dont want to trash only. One more GREAT PR Move? Offering me an exclusive!!!! #muckedup
    Wed, May 02 2012 11:29:06
  24. Share
    “RT @muckrack: RT @CassVinograd GOOD PR moves that make me happy: a quick call to verify I’m the right person to speak to, then emailed release #muckedup
    Wed, May 02 2012 11:30:25
  25. Share
    “The relaxed post-interview chatty time? That’s when we get some of our greatest quotes @CaroPRinLA #oldschool @muckrack
    Wed, May 02 2012 12:19:38
  26. Cant’ get enough of the PR vs Journalist battle to build better working relationships?  Be sure to check out the Muck Rack Blog where they’ll be posting recaps of the ongoing conversation or catch up on the blog post that started the whole discussion.You can also check out the posts from Business Wire’s media relations team where we share tips directly from journalists across the world on how they like to be pitched and what catches their attention.

A lengthier post was originally storiifed by Raschanda Hall on May 2nd.


Buy Commemorative Pins at the 2012 Berkshire Hathaway Shareholders Meeting

May 1, 2012

It’s that time of year again! Business Wire is again headed to the Annual Berkshire Hathaway Shareholders Meeting in Omaha. As always, we’ll be selling a great item at our booth to support a great cause. This year, we’re selling commemorative Berkshire Hathaway Shareholder Meeting pins. Check them out:

Berkshire Hathaway Shareholders Meeting Commemorative Pins. Ooooh, shiny. :)

Pins will sell for $3 each, or 2 pins for $5, and all proceeds will once again benefit CASA of Douglas County, Neb. CASA (Court Appointed Special Advocates) is a charitable organization that provides a voice for abused and neglected children within the court system.

So if you’re at the show, stop by our booth & say “Hello”, buy a pin and support a great cause!


Upcoming Business Wire Events: Olympics in London, Katie Paine in Dallas, Meet the Media in Boston, Denver and Charlotte

April 30, 2012

Upcoming Business Wire Events

Business Wire’s Media Breakfast: The Olympics, Media & PR

Hosted by Business Wire London

With the biggest sporting event in the world at our doorstep, join us for a discussion about how the Olympics affects the media landscape. Panelists include: Matt Ball, Editor-in-Chief of MSN UK, Scott Dougal, Deputy Sports Editor, the Press Association, Duncan Hooper, Managing Editor, News & Sport, MSN and Darren Waters, Head of Devices & Social Media, MSN / ex-BBC journalist. This event is FREE for public relations and communications professionals.

Wednesday, May 2 at 8:45 AM BST
St Bride Foundation
Bride Lane, Fleet StreetLondon , EC4Y 8EQ, United Kingdom

To register: RSVP by Monday 30 April to uk@BusinessWire.com

Meet the Boston Media

Hosted by Business Wire Boston

Join Business Wire Boston for breakfast and a panel discussion with members of the local media. Learn about current trends in journalism, what kind of news editors are looking for, and how to effectively pitch a story. Panelists include: George Donnelly - Executive Editor, Boston Business Journal, Abby Jordan – Associate Regional Editor, AOL’s Patch.com, Leigh Montgomery – Librarian, Christian Science Monitor, Frank Quaratiello – Business Editor, Boston Herald and Don Seiffert – Associate Editor, News, Mass High Tech. This event is FREE for all attendees.

Thursday, May 3 at 8:00 AM ET
Westin Waltham Hotel
70 Third Avenue, Waltham, MA, 02451

To register: RSVP to http://www.eventbrite.com/event/2184174926?ref=ebtn

Meet Denver Journalists and Public Relations Professionals Specializing in Targeting the Hispanic Market

Hosted by Business Wire Denver

Learn Tips for Reaching and Pitching Hispanic Media, a Critically Important and Growing Segment of the American Community. Daniel Montano, President/CE) of Elevation Creation International moderates a panel, including María Rozman, News Director, KDEN Telemundo Denver; Roberto Martínez-Maestre, General Director, El Hispano; Kim DeVigil, Senior Director, Communications, University of Denver; and Luisa Collins, News Director, Univision Colorado. This event is FREE for Business Wire members and $20 for non-members.

Thursday, May 3 at 8:30 AM MDT
Denver Athletic Club
1325 Glenarm Place, Denver, CO, 80204

To register: RSVP by May 1 to JoAnne Hirsch, (303) 861-8833 or joanne.hirsch@businesswire.com

Pitching to Pickup – Tips from Local Media on Working with Newsrooms

Hosted by Business Wire Charlotte

Local media professionals will discuss how to effectively pitch news to the media. Panelists include Dion Lim, News Anchor, WCNC; David Harris, Managing Editor, The Charlotte Business Journal and John Arwood, Business Editor, The Charlotte Observer. This event is FREE for Business Wire members and $20 for non-members.

Tuesday, May 22 at 7:30 AM ET
Dilworth Neighborhood Grille
911 East Morehead St, Charlotte, NC, 28204

To register: Please RSVP by Thursday, May 17 to Penny Sowards at penny.sowards@businesswire.com

Measuring What Matters: New Rules for 21st Century Communications Measurement

Hosted by Business Wire Dallas, with NIRI, PRSA, IABC and Critical Mention

What metrics really matter? How can metrics drive strategy? Join IABC, PRSA, NIRI, Business Wire & Critical Mention for the annual joint communications lunch, as Katie Paine, CEO of KDPaine & Partners, provides measurement insight on “best in class” measurement programs for 2012, best measurement tools today, where measurement is headed and more. Standard Luncheon Fees apply: Full-time Student $25.00, Guest $50.00 , Member $40.00 and Table of 10: $500.

Thursday, May 31 at 11:15 AM CT
Thanksgiving Tower (Tower Club)
1601 Elm Street, Dallas, TX, 75201

To register: Please RSVP by May 28 at 10:00 pm on this page

Business Wire holds dozens of local events every year. We bring local media members and industry thought leaders to your market to discuss today’s most relevant topics, from trends in today’s newsrooms to writing for SEO. Events are usually free of charge to members. For more upcoming local Business Wire events or to see what’s coming up in our award-winning webinar series, visit BusinessWire.com. Follow live updates from Business Wire events on Twitter: hash tag #bwchat


TRUNCATED TRANSPARENCY: The JOB Act’s Compressed IPO Cycle and its Hidden Implications for Market Fairness

April 27, 2012
by Neil Hershberg, Senior Vice President, Global Media/Business Wire
Neil Hershberg

Neil Hershberg, SVP - Global Media

Welcome to the new era of clandestine compliance.

The newly passed JOBS Act (Jumpstart Our Business Startups Act) has come under withering attack by an influential chorus of critics. They are sounding the alarm that the Act dangerously dials back the disclosure obligations of “emerging companies” seeking to go public.

To be clear, we are not talking about mom-and-pop operations here. In Washington’s grandiose way of thinking, “startups” are defined as having revenues of up to $1 billion annually.  In other words, the majority of companies opting to go public will now get up to a five-year exemption from many of today’s more stringent disclosure requirements.

The controversial legislation has drawn fire from leading journalists, including Andrew Ross Sorkin of The New York Times; securities regulators, including SEC Chairman Mary Schapiro; and shareholder advocates, including Barbara Roper of The Consumer Federation of America. The consensus view is that the JOBS Act is a regressive measure that threatens to erode many longstanding investor safeguards. Clever acronyms aside, the JOBS Act is broadly portrayed as weakening the safety net for investors.

The JOBS Act does create new channels for pre-IPOs to communicate with the investment community. However, the Act effectively closes the blinds on the closely monitored IPO pipeline, precluding the ability of investors to delve deeply into the dealings of companies under consideration. Under the new ground rules, prospective IPOs are now protected by a cloak of sanctioned secrecy during the protracted filing period leading up to their public offering.

The result is that clarity has given way to opaqueness. IPOs are now able to engage in confidential discussions with the SEC about their plans to tap the capital markets, until 21 days before the IR Road Show cavalcade begins.

Critical corporate information that was previously made available to investors months in advance — including financials and insights into the company’s organizational structure — can now be legitimately withheld from public scrutiny until three weeks before the investor marketing process gets underway.

What this means in practice is that investors essentially have about a month or so to evaluate the financial viability of a company preening to go public; previously, interested investors had a minimum of several months to do their due diligence.

There also is a more subtle side effect to today’s cloistered IPO process, one that further distorts the dynamics of a fair and competitive marketplace.

The SEC approved a rule change last December that allows NASDAQ to offer “free” corporate IR services, e.g. press release distribution and IR Web hosting, to IPOs and companies that transfer their listings from the NYSE.

Coincidentally, all these corporate services are provided by NASDAQ’s wholly owned subsidiaries, thwarting competition. The ability of NASDAQ to bundle IR services with its listing fees effectively elbows other service providers — many with superior, more advanced product offerings — out of the equation.

The agency’s approval came despite what we believe was a preponderance of evidence that the practice was anti-competitive. Ironically, SEC Chairman Schapiro was recently called to testify before a Congressional committee looking into the agency’s lack of economic analysis in its rule-making process. Clearly, the SEC should have done a lot more home work before rendering a decision in favor of NASDAQ’s rule change.

For all its political promise and good intentions, the JOBS Act has made a bad situation worse. Any pretense of market fairness during the IPO birthing process has now lost all credibility.

Today’s closed environment allowing IPOs to silently snake their way through the filing process has reinforced NASDAQ’s unfair competitive advantage, eliminating any premise of meaningful competition. Not only does NASDAQ have the inside track, but the track itself is now largely hidden from public view.

In perhaps the cruelest irony, the JOBS Act may result in the ultimate unintended consequence: potentially destroying jobs in a robust industry that has long thrived based on a model of fair and open competition.


Multimedia Continues to Drive Press Release Views – Now More than Ever!

April 23, 2012
by Sandy Malloy, Senior Information Specialist, Business Wire

Sandy Malloy, Senior Information Specialist

Facebook buys Instagram.  Experian Hitwise reports that Pinterest is now the #3 social site on the Web.  More than ever, the adage “show, don’t tell” applies to communications and communicators.

Adding multimedia to a press release tends to increase the number of online release views.  When I looked at a list of the most-viewed releases of the second half of 2011 to see how many were multimedia-enriched, I found some pretty startling numbers.

Of the top 500 English-language releases, about 75% had one or more photos or videos.  Out of all the English language releases that Business Wire distributes, only 5% include multimedia.   In other words, 5% of all our English language releases accounted for 75% of the 500 most-viewed releases in the last 6 months of last year.

We can’t really say that your release is 75% more likely to be viewed if you include photos or videos, or that it will receive 75% more views.  Nevertheless, it seems pretty clear to me that adding multimedia does help drive release views.

Consider the releases on the most-popular list that ran without multimedia:

  • Google to Acquire Motorola Mobility
  • Announcements from several huge pharmaceutical companies on the results of clinical trials or strategic initiatives
  • Major acquisitions and joint ventures involving public and/or well-known companies
  • One of the major video game manufacturers announcing a price drop

That the Google announcement was hugely popular was no surprise.  News from very large public companies is of inherent interest to the media and markets.  Acqusitions are almost always big news because of investor interest and because they can affect an entire industry.  Video game news, with or without multimedia, tends to be noticed.

Meanwhile, the variety of photos and videos that ran with the Top 500 releases was wide-ranging.  Some examples:

  • A river cleanup
  • A photo of sauces and condiments
  • Photos of existing DRAM technology and an innovative variation
  • Photos of the principals of 2 merging companies
  • A benchmarking study (graphic)
  • Pictures and/or video of contest winners
  • Ringing of the Opening Bell at the NYSE

What is clear to me from this list is that the potential for finding visuals to accompany–or to tell–a story is vast.

A release can be very technical but illustrated with a photo that its equally technical audience will appreciate.  The media do appreciate photos of people, and not just for personnel announcements.  (If those people are celebrities, so much the better, but it’s not a requirement.  Newspapers and business journals love to use photos of locals.)   Charts and graphs can be compelling.  Finally, there are some stories that seem to beg for photos or videos.  Among these are any releases announcing eye-catching new products; corporate social responsibility releases (show the river that’s being cleaned up, the electric car charging stations, the participants in the 10K run);and releases announcing corporate milestones.

Besides the potential bump in viewership,  using multimedia in conjunction with a good story can increase the chances a story will be used by broadcast media.  Broadcast monitoring service and Business Wire partner Critical Mention reported in one of their newsletters that the Yelp’s IPO announcement resulted in 395 hits on U.S. television stations; and these are over-the-air broadcasts, not postings on broadcast websites.  The story was a big one, of course, but the accompanying images were really colorful and exciting.  As Critical Mention described it, the release (what Business Wire calls a Smart News Release) was “loaded with newsy images and video.”

Besides the benefits of attracting attention to your release and giving journalists more reason to cover your news, there is at least one other benefit to using multimedia:  Your news can live longer.  I have seen many instances of photos being used months or even years after they originally ran.  An especially good photo of people or companies in the news can be used more than once, as in this example of Business Wire’s CEO Cathy Baron Tamraz shown with Warren Buffett in a 9/30/11 photo illustrating a 2/6/12 story.

Granted, being affiliated with Warren Buffett is an advantage when it comes to gaining attention.  But even companies that don’t have this advantage can still give their stories greater appeal, and “legs”, by supplementing them with multimedia.


Business Wire’s Pilar Portela Named to Board of Local NAHJ Chapter

April 18, 2012

Pilar Portela, Media Relations Supervisor based in our Florida office, was recently named an at-large board member to the South Florida chapter of the National Association of Hispanic Journalists (NAHJ). Pilar has been a key player in recent years in developing Business Wire’s LatinoWire circuits, speaking on industry panels and cultivating relationships with Hispanic journalists and media properties.

Pilar Portela

Pilar Portela, Business Wire Media Relations Representative

According to Pilar, “Through my active participation in NAHJ South Florida I have found that it has brought me closer to the Hispanic media community (both traditional and social media). I have also been part of some really great media events such as our February Hispanic Elections panel discussion featuring Maria Elena Salinas of Univision. Last, I helped to raise books for a local underprivileged Miami school library through a NAHJ South Florida and Business Wire book drive”

Asked what she hopes to contribute via her NAHJ board membership, Pilar said, “Since the National NAHJ Convention in June 2010, I have been actively involved with establishing the NAHJ South Florida Chapter by helping to coordinate meetings and increasing local NAHJ awareness and membership. In the role of At Large Officer I intend to continue to be a big part of the Chapter Committee especially with large projects such as membership and fundraiser drives and also assist the Sponsorship, Event, and Charity Committees.”

Congratulations, Pilar!


Seeing the Big Picture: How PR Pros Can Use Infographics to Tell a Story

April 17, 2012
by Shawnee Cohn, Media Relations Specialist, Business Wire/NY
MRT

Shawnee Cohn

They say a picture is worth a thousand words, but what about a thousand hits? Defined as “graphic visual representations of information, data, or knowledge,” infographics are more likely to be shared via social media than your standard text article. Therefore, both journalists and PR professionals are taking notice of this visual phenomenon. (Need some examples? Take a look at this slideshow from Mashable).

Here at Business Wire, we encourage clients to create infographics and include them as Smart News release assets in their press releases. For example, Kaplan Test Prep recently utilized an infographic to summarize their annual survey results. Convio also offered a visual look at the data included within their press release about online giving, and Mashable later republished that same infographic.

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So if you’re a PR professional embarking on the infographic challenge, what do you need to know beforehand? The Publicity Club of New York recently hosted a discussion about these popular visual representations of data. The panel included:

Here are some highlights offered by the experts:

Infographics help us cope with information overload: With the abundance of raw data that is available to consumers today, the average person’s “attention span is declining,” and infographics are an effective way to spark a reader’s interest, says Spurlock. Pachal agreed, stating that infographics are “more clickable” than other multimedia, such as video, which may turn a reader off since it usually requires sound, as well as investing more time to watch. Consequently, including the word ‘Infographic’ in your press release headline is a great tactic to increase your number of hits.

Not all infographics are created equal: If you’re compiling numbers into a graphic, yet those numbers do not relate, the purpose of the infographic is lost, notes Spurlock. Bergmann agreed, suggesting that PR pros evaluate the usefulness of an infographic on a “story-to-story basis.” At the Associated Press, staffers are very interested in interactive graphics as well as animations. However, Neesa pointed out that “not every story renders well into a visual,” and PR pros should be cautious of jumping to the assumption that every poll translates into a legitimate news story. The panelists agreed that pitching an infographic that blatantly promotes your brand is a major faux pas. If your visual looks the least bit like propaganda, any legitimate news organization will be reluctant to post it, as it could hurt their brand value, says Bergmann.

Be clear and concise; editors and readers will thank you: One of the main advantages of creating an infographic is that it allows you to “mold and present information in a way that’s clear to the reader,” commented Bergmann. If you cram too much information into your graphic, you’re defeating its original purpose. Pachal mentioned that your infographic should easily translate to Pinterest, which drives much of the online traffic today. Whether you’re pitching an idea for an infographic or an actual infographic itself, make sure you are presenting “tabulated, nugget-style information,” suggests Neesa. Focus on how you can break the product/idea up; if your information is already organized for the visual staff at a news outlet, this makes their job that must easier. Lastly, stick to the facts, and facts only. The editorial team will vet and research the data you present before they post or link to your infographic, so you must be absolutely sure that your methodology and sampling are valid beforehand.

For more information on the Publicity Club of NY, visit www.publicityclub.org. You can get the latest news with photos/multimedia by registering at www.businesswire.com.


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