Snacking On News … Will It Fill Your Brain?

June 23, 2015

Simona Bio

By Simona Colletta, International Media Relations Specialist – Paris

The internet helps people understand new things like the best way to clean a bicycle chain, proper snooker techniques, and how to change a car’s head lamp. But, according to a recent Pew Research Center study, the internet is not helping people comprehend the news. The study found that only 42 percent of people were able to answer basic questions about the news.

How could this be? Why are people so uninformed about the news when they have so many options to get the news? Maybe it’s precisely because they have all of those options. People are no longer digging into news stories and completely digesting them; instead, they are merely snacking on the news. According to the study, 59 percent of the time people do not read past the headlines on internet stories. The snacking is light, it seems.

eating_paper

While the Pew Research Center Study doesn’t identify study participants by geographic location, I live in France and was recently alerted to an Odoxa survey done for Trooclick, a French start-up company that developed an opinion-driven search engine which uses a natural language processing technology to gather news and opinions online. The survey reveals some interesting data on how the French view today’s news landscape.

85 percent of French people believe that they have more information available

Between ongoing chains of information, online news sites, search engines, and social networks, the French feel more informed than they did ten years ago. A whopping 85 percent of them believe they have more information on the news. This finding is shared widely across the population, regardless of age, social class, or income level.

Graph 1

The French do not feel more informed

If the French have won in terms of quantity of information available to them on the internet, they certainly don’t feel they have won in terms of quality. Although 77 percent consider the available information on current events is becoming more varied, only a minority believes that information is becoming more useful.

It must be noted that the internet offers so much in terms of information, but that information is often scattered, poorly organized and frequently redundant. The result? Of every 10 articles read, less than half are read in full (4.5 exactly). A tiny minority of French (8 percent) read every article in full.

Graph 2

Nearly 7 out of 10 French are interested in a free online service that would deliver them a summary of every point of view on a news event

The logical conclusion to the results of the survey (and encouraging for Business Wire and Trooclick) is that 66 percent of French people would be interested in a free online service that would deliver to them a summary of all current events. The youngest were the most interested: 8 out of 10 would be keen on this kind of online service.

Snacking on the news is not bad in and of itself, but we should be attentive, as we are in our kitchen, to the quality and reliability of what we snack upon. In this massive jungle of media and information, a reader can now count on interactive tools that help him/her to select the best “product” and follow his/her fields of interest.

Have a bite!

Try Business Wire’s Press Pass or click here to visit trooclick.com

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Introducing the Market Impact Report – Revealing the Effect of News Releases on Stock Activity

June 15, 2015

By Vilan Trub, Business Wire

Earlier today, Business Wire and News Quantified launched the Market Impact Report.  This groundbreaking new measurement tool allows communication professionals to track the impact their news releases have on publically traded companies’ stocks.

Although there are a lot of options for measuring communications efforts, there is a gap when it comes to attributing financial ROI to company issued news. Business Wire identified this gap and in News Quantified saw an opportunity. News Quantified, in partnership with Business Wire, developed a measurement system that will tie news release data with market trading behavior. Now, PR and IR pros will be able to track exactly how the market reacted to the issuer’s stock immediately following the release of company news. They will also be able to compare this trading behavior to that of other company stocks.

What’s the big deal about keeping track of changes to market behavior following the issuance of a news release? With the Market Impact Report you can achieve a deeper understanding of how and why your company stock moves when you issue a news release. You have a deeper view of what kind of investors your news is attracting and how your news is influencing their trading. The report includes 27 key variables ranging from volume and variability to ticks and block trading.

By understanding who your news is reaching, you can tailor your communication in the direction that best benefits the value of your company’s market presence.

Oliver Schmalholz, co-founder and CEO of News Quantified, has spent the last 15 years analyzing market behavior. It was during his time running a private trading firm that he recognized the benefits of an out-of-the-box product that could analyze news impact on stock trading behavior. “News and market data have historically been kept separate – our alliance with Business Wire will help to tear down that wall,” says Schmalholz.  “We are thrilled to partner with a company that has the reputation and expertise of Business Wire.

Business Wire is excited about the partnership and looks forward to the possibilities that lie in providing clients with the first ever financial impact tool. “Business Wire’s collaboration with News Quantified provides listed companies with a better understanding — and appreciation — of the relationship between news and share price.  To see how news is directly influencing market behavior is revolutionary,” said Gregg Castano, Business Wire President. “The Market Impact Report consolidates information from disparate sources into a convenient, user-friendly report that distills complex data into key findings. It is another example of Business Wire’s differentiating value proposition.”

Click here to learn more about the Market Impact Report:  http://bit.ly/1QrNSV8 or email us today to schedule a time to discuss this in greater detail.

Are you attending NIRI 2015 this week?  If so, Business Wire is offering sample reports for investor relations professionals that stop by our booth. The Market Impact Report is the first product in the industry that provides communications professionals with comprehensive stock impact data.

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What Today’s PR Pros Can Learn from A 100-Year Old Press Release

May 14, 2015

By Vilan Trub, Business Wire

On October 28, 1906, tragedy occurred – an eastbound train speeding through Atlantic City derailed over a drawbridge causing 53 passengers to drown in the creek below. Popular corporate practice at the time called for Pennsylvania Railroad, owners of the ill-fated train, to cover up the incident. This is exactly what might have happened had it not been for 220px-Ivy_Lee from WikipediaIvy Lee, an early public relations practitioner hired by the company to build a better public image. He saw the event as an opportunity to establish a better relationship with journalists; a relationship based on trust and communication. Under his advisement, Pennsylvania Railroad invited members of the press to the scene of the accident and released a statement detailing the known facts. The New York Times was so impressed by the candor of the issued statement that they chose to print it, word-for-word. The modern day press release: issued statements aimed at disclosing company news to interested parties, was born.

What made the news release so popular? Journalists welcomed the new cooperation from companies and organizations in bringing facts to the public. It has been almost 110 years since Pennsylvania Railroad reached out to the media and still company communication is a welcome presence for journalists. In a recent media survey, 90% of the over 300 industry professionals participating used a company-issued news release in the previous week.

Last time a reporter used a press release

While the name Ivy Lee is known to few PR pros, his legacy continues to influence best communication practices even in the digital age. Lee understood that a news release was only as valuable to the issuing company as it was to the recipients, journalists and other news makers. Nothing states this notion more than one of the guidelines listed in his Declaration of Principles, an announcement that established the modern role of public relations.

“This is not an advertising agency. If you think any of our matter ought properly to go to your business office, do not use it.” – Ivy Lee, Declaration of Principles

How can Lee’s guidelines aid in composing a news release for the digital era?

  • Be Trusted and Timely – Ivy Lee understood that trust is the cornerstone of successfully managing company yay-15034446-digital (1)communications and building a bigger, better brand. With online conversations occurring 24/7 it is important to act swiftly when responding to a crisis or even a potential crisis in order to best manage public sentiment and maintain a high reputation.
  • Focus on the Facts – News content is reliant on facts and there is no quicker way to receive coverage than providing the very facts journalists and media professionals need to craft their coverage pieces
  • Be Interesting – In the digital and mobile age, the headline is the only knock on the door that can garner articles and other coverage for a news release. Don’t be coy and make sure to present enough information to let the reader know what lies inside is legitimate newsworthy content.        Added Multimedia Got More Coverage
  • Be Impactful with Multimedia – Multimedia is king with around 8 billion images being uploaded daily. News releases now come with images, videos, and even gamified multimedia. Company communications must be packaged in ways that audiences demand.

The news release was a product of necessity and continues to serve as a valuable tool for both communications as well as media professionals. The best method to maximize the outcome of company communications is to follow the guidelines that have dictated public relations for over a century. To learn more about the impact of a well written news release read these articles:

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A picture’s worth a thousand words – but how much for the caption?

April 24, 2015

By Hannah Kelly, Business Wire Paris

Here at Business Wire, we know that over half of journalists and media professionals are more likely to review a press release that includes multimedia, and that images/photographs are one of the top content types for the online newsroom, but in order to truly launch effective multimedia, we must remember one very important detail – the caption.

When looking for the first time at a news release, readers’ attention immediately goes to the caption, and then the added image. This creates the ideal opportunity for you.  With up to twice as many people reading captions than body copy, captions provide an excellent opportunity to attract the reader’s attention. This short but sweet accompanying paragraph is your key to unlocking the image – it is the who, what, where, when, why and how, all rolled into one short sentence.

Small Town Big Fish Caption

Immediately after reading the caption, the reader will flick back to the image, and view it, usually, from a different perspective. This is more commonly known as the loop, and is essential to engaging the reader. The photo and the caption complement each other, building suspense and satisfying curiosity.

But it is not only that captions define images, captions put images into context. In many instances, the caption and image can result in coverage when an article is not possible. Business Wire captions can be up to 100 words each, more than enough space to create a connection between image and story.

ServiceNow Caption Example

Given the importance of captions, and their role in not only increasing coverage but building connections between your product and your customer, what are the best practices for writing one?

  • Use prepositional phrases, interesting adjectives and action verbs
    The caption should focus on action, and help the article to progress, while providing as much information as possible as to the relevancy of the multimedia to the news you are sharing
  • Use phrases that have been cut out of the main narrative
    This is the ideal time to retrieve phrases that were cut out for length reasons, but that are still pertinent to the text and work well with the release
  • Do not repeat body copy
    For the simple reason that nobody likes déjà vu, whatever they’re reading!
  • Provide information that’s not available by simply looking at the photo
    A reader will look at the caption to learn more, not for reinforcement of already formed ideas. Captions allow you, the brand, to define the image and those captured in it, properly.
  • And, finally, do not use the phrases “above” or “pictured here”.
    These phrases are of little use to reporters who may choose to use your image and caption instead of the entire press release.

Tony Romo Caption

Multimedia is more important than ever within the news creation and sharing process. The caption serves as a reference, increases the impact of the image and adds to the credibility of the piece.  Don’t overlook it, instead take advantage of this space and use it to not only increase coverage of your news, but conversions as well.

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Top 5 Things Journalists Look for in a News Release

April 6, 2015

By Vilan Trub, Business Wire

Journalists and media professionals get bombarded daily with emails and news releases. Those same journalists and media professionals also don’t have a lot of time. Make sure that you’re doing everything you can to grab their attention by giving them exactly what they’re looking for. What are they looking for?

Who are you?

Before you write your news release, you have to answer one big question.  What is the name of a great The Who song, the theme song to a CSI spin-off, and the question that every news release must answer?

Who are you?

yay-15034446-digital

News is an industry of trust, so always ask yourself, why should journalists trust me? Treat a press release like a self-endorsement when trying to arrange a blind date. What are your best features and why would you (or your news release) be a perfect match for someone? It’s also good to have a trusted mutual friend, such as a newswire service, to make the introduction to your desired media outlet. Remember, you must woo a journalist with your release.

A key tip is to include a well-written boilerplate  at the bottom of your release. A boilerplate is a mini-bio of your company that lets the reader know exactly what you do.

A Headline Comes First
Before a journalist reads your release, they first see the headline. The headline is like a trailer to a movie, one that is well made will garner the interest of the audience. A bad headline, however, is the last thing that gets read before a journalist moves on to their next email.

A good tip for putting together a strong headline is to remember what the reader is looking for: information. Avoid using click-bait tactics because media pros have developed a keen sense of what to look out for. There are good reads online about the difference between click-bait and a well-made news releases, so make sure to be on the lookout.

CoSchedule Headline Analyzer

There is even an online headline analyzer by CoSchedule to help you craft the perfect headline that hooks the reader in and doesn’t let go.

The Ws
Journalists aren’t looking to read Moby Dick when opening your news release. Today’s reporters are looking for two key 5 Wselements.  They want to know the facts, and they want to know the story behind the facts – the one that tells why the product was made, who it impacts, what that impact was and why it would impact the publication’s core audience.  This is when you turn to your “W”s!

Who, what, where, when, and why is an exercise taught in elementary schools so that students can get a grasp of how to break down a story to its most basic and relevant elements. Use this same exercise when drafting your release because journalists don’t want to go looking for key story elements. By reducing the amount of work needed for a third party to tell your story you will find a much higher likelihood of coverage and engagement with your news.

Social Sharing

Social Media is Honey – Use It
Every news release is designed to attract readers. In the digital age, social media has become a swap meet where information is traded free of charge. Including social media links to your news release gives people the opportunity to easily distribute your news, the very same news you want covered by journalists. The name of the game is reach so make it easier for people to distribute and redistribute your release.

Multimedia
Cavemen didn’t write paragraphs about the beauty of horses. They made drawings on cave walls that are easy to understand even today! Believe it or not, that was the earliest form of multimedia.

Thanks to technical and mobile device advancements and penetration, humans are creating and consuming multimedia at unheard of rates. When thinking about crafting your press release, you must understand that multimedia supplements are no longer optional. Reporters and consumers use multimedia to create emotional connections and to showcase the real “why” behind your news.

In a 2014 Business Wire study of more than 300 journalists and media professionals, more than half (54%) are more likely to review a press release that includes multimedia than one that does not. The preferred media are photographs, by a staggering 73% of those participating in the survey.

bizwiremultimedia

But even multimedia is changing. With more than 63% of the world being visual and interactive learners, static multimedia is being replaced with interactive assets such as the Business Wire News and Picture Capsules that create engagement opportunities for newsreaders. These capsules are so engaging that the average viewer is now spending between 4-10 minutes per Capsule, just consuming the related content they host. Check out the one Six Flags used to announce one of their famous roller coasters would be running backwards for a limited time.

Batman

Hundreds of news releases are sent out each day, make sure that your next one stands out. Follow these steps to grab the reader and make sure that they’re getting, and sharing your message.


How Business Wire Works: The Digital Journey of News Release Distribution

March 26, 2015

By Kourtney Hannaway, Editor, Business Wire

The life of a press release begins with a piece of newsworthy, specific content. It contains tight, efficient text focused around industry keywords and clear formatting. Multimedia assets, like photos and video will give it a boost, and links to social media sites spread its reach and encourage clicks.

Intel Example of a Business Wire Picture Capsule

After initial development, the release is submitted into the Business Wire Connect platform. Through this process, distribution possibilities become available, including regional and industry-focused options, translations, and specialty circuits like LatinoWire and HealthWire. The submission system includes an option to see a proof of the release before distribution, and a section for special instructions to pass along any questions or specific issues so they can be quickly resolved.

Business Wire NX Distribution Technology

When the submission process is complete, the press release pops into the Business Wire Newsroom. From there, editors carefully look over the release and its chosen distribution, making suggestions to both when appropriate. Editors add keywords based on the release content, making sure the release gets directed toward relevant media and boosting the release’s ultimate reach. They also connect relevant releases to the Business Wire tradeshow archives, when relevant, for free.

A release that has been fully prepared then gets scheduled for the time requested. When it crosses the wire simultaneously and securely through the NX network, Business Wire editors monitor the release to confirm third party sites like Yahoo! and AP are posting it correctly and on time. The release will appear on many platforms, including mobile apps and promoted stories sites like Dlvr.it.

Following distribution, the press release’s effectiveness can be measured through the included NewsTrak report, which gives information on traffic and search data. And the NUVI social media monitoring report displays social media conversation information, relevant influencers, virality, and more. These reports provide valuable info that can be used to create more press releases in the future.

NUVI Social Monitoring Tool Dashboard

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Want to learn more about crafting and distributing a press release that delivers higher results?  Read A guide to writing optimal press releases in 2015.

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Seek and Ye Shall Find: The News Release

March 25, 2015

By Neil Hershberg, Senior Vice President, Global Media

The primacy of the news release in the editorial ecosystem has once again been reaffirmed.Google adjusted its algorithms last September to include news releases among the authorized news sources used in gathering its “in the news” search results. Google’s decision had escaped notice until Reuters recently spotlighted the silent shift in search strategy: http://www.reuters.com/article/2015/03/11/us-google-news-idUSKBN0M729A20150311

Simply put, news releases may catapult other sources to earn top ranking in searches focusing on specific companies. The impact on corporate issuers, news consumers, and media organizations promises to be profound in many ways.

Sonic Earnings in Google News

Corporate issuers stand to be the major beneficiaries; companies are now able to convey their message in their own words, unfiltered and without interpretation by others. Their official statements will play a larger role in shaping subsequent conversations, based on heightened visibility.

The biggest challenge for the PR industry is to not abuse the privilege. Following rampant efforts to game the system and artificially elevate search standings, Google introduced various initiatives, i.e. “Hummingbird,” to clamp down on the outsized presence of news releases in its search results.

Google’s release rehabilitation decision provides PR and IR professionals with the opportunity for redemption.

News consumers also stand to benefit on multiple levels. Company statements are an authoritative source of information; they remain extremely popular with many audiences, including investors, product enthusiasts, and peer group professionals.

The renewed prominence of the news release provides users with a direct and simple pathway to this invaluable information resource.

“The goal of search is to get users the right answer at any one time as quickly as possible — that may mean returning an article from an established publisher or from a smaller niche publisher or indeed it might be the press release,” a Google spokeswoman told Reuters.

An unintended consequence of Google’s action is the potential diversion of traffic away from sites operated by news organizations. Industry analysts have noted that Google’s “in the news” modules are a major driver of traffic to news sites, which may see some user slippage.

The reality, however, is that most readers are anxious to get a kaleidoscope of opinions and perspectives; they will likely seek out editorial coverage from trusted third-party sources to supplement the core release.

Bottom line: the news release is more vital than ever, at the very center of the discovery process.

Business Wire NX Distribution Technology

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