Le Diable Est Dans les Détails : How the Business Wire Paris Team Checks and Balances News

December 18, 2012
by Manuela Semenzin, Media Relations Specialist,Business Wire/Paris
Manuela Semenzin

Manuela Semenzin

Luca Sofri, a well-known Italian blogger and journalist (founder and editor of the online newspaper Il Post, 2010), has curated for several years a weekly column inside his blog, Wittengstein.it, called “Notizie che non lo erano” (News that wasn’t).

Each week he points the finger at a few news stories published by Italian newspapers without any fact-checking. These stories are often revealed to be hoaxes.

Sofri’s approach to news reporting is nothing extraordinary. Many entities in France (and the world over) advocate thorough verification of information before publishing it.

As David Brewer says in his article “The importance of fact-checking for journalists“, reporters should always apply the “two reliable sources rule”, where one source is often represented by the wires. But he also notes that “wires can be wrong” and journalists should not rely on them blindly.

Of course, error is always possible when publishing hundreds of thousands of releases per year. That’s why announcements crossing a professional wire undergo a rigorous series of checks and quality-control measures before being released to the public.

I asked our Newsroom Supervisor in Paris, Jacky Ringot, to provide details about what editors do each time they receive a new press release from a client in order to avoid mistakes.

“First of all, we are responsible for authenticating the source of releases,” said Ringot, “So we verify who is sending the release via our secured platform.”

Jacky Ringot, Newsroom Supervisor, BW Paris

Jacky Ringot, Newsroom Supervisor, BW Paris

Ringot went on to explain that our clients possess personal codes to access our secured online system, which means that they have already opened an account and have gone through verification by the sales department.

“But double-checking is our motto,” noted Ringot, “So we verify once again. If contact information consists of a company name, an individual name and a phone number, we check the connection between the contact and the company issuing the release. We call the person, we ask for his/her e-mail and verify that it’s a professional address.

“If a website is included we check it and verify that its content is appropriate,” Ringot continued. “We read the entire press release and if the content is questionable we escalate with management. If a release includes previously published articles from newspapers, magazines or other sources approval must be given in writing by the original source of the article.

“We also escalate issues of photo copyright or possibly objectionable images. We check hyperlinks, dateline, spelling, tables, everything! Your Luca Sofri would have an incredibly hard time trying to catch us out.”

This combination of highly secured technology with human action is a key element here at Business Wire France, and this is also true for each of the newsrooms we have around the world. While no system is entirely fail-safe, we are always working to reduce the risk through a series of checks and balances. We know what is at stake for our customers because their news moves the market and a little error can have very important consequences.


Upcoming Local Events: November 2012

October 24, 2012

Next month, three of our local offices bring you great events with top media experts to keep you up to date on the latest trends and topics:

On Friday, Nov. 9, Business Wire/Florida presents Online Newsroom Best Practices for Communicators. Ibrey Woodall, our Vice President of Web Communications, moderates a panel that includes Rick Hirsh of the Miami Herald and Bill Faries of Bloomberg News. To register for this free event, please RSVP to Julia Sotelo by Nov. 2.

On Wednesday, Nov. 14, Business Wire/Charlotte will travel to Durham to host A 360° View of Social Media. A panel including Meg Crawford of SAS, Claire Spina-Russell of Quintiles and Gavin O’Hara of Lenovo will discuss how to effectively garner coverage from today’s new media, such as blogs, social media, video and smartphone applications.  This is event is free for Business Wire members and $20 for non-members; to register contact Christine Ruel by Nov. 9.

Also on Nov. 14, Business Wire/San Francisco hosts The 24-Hour News Cycle and the Evolving Newsroom. Christopher Noble of MarketWatch, Mike Isaac of All Things Digital, Alex Wellins of The Blueshirt Group and Louise Kehoe of Ogilvy PR will provide a look at the modern news cycle and the effects that changes in media and the elimination of deadlines have had on the timing of news and the accuracy of reporting. To register for this free event, please contact SFRSVP@businesswire.com.

Be sure to check our Events Calendar for other upcoming local events and webinars, and to follow @businesswire and #bwchat on Twitter for live tweets from our events!


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.

Tips for Your Business Meeting with a Japanese Company

December 16, 2011
by Ai Arakawa, Media Relations Specialist, Business Wire/Tokyo
Ai Arakawa, Media Relations Specialist, Business Wire/Tokyo

Ai Arakawa

Different people have different customs, and you might think that the uniqueness of Japanese customs is outstanding or exotic.

Robin Pharo, who, after working for a Tokyo IT department, penned an article in JAPAN TODAY about the Japanese and their “entirely different” meeting style compared to their American counterparts, is awed by the seriousness and formal structure of meeting in Japan.  And it’s true – the Japanese could make the business meeting formal in a harmonious and respectful mood.  

I’d like to introduce some tips that might help you at your visits with Japanese companies on your business trips.

Meeting time

It’s important to arrive on time, or five minutes earlier than the meeting’s start time, as Japanese value punctuality. If you arrive late, call your contact person as soon as possible and announce your estimated arrival time. However, it’s another story for the meeting’s closing time. Meetings in Japan often exceed the allotted time, expanding on various topics including non-business related talks, so it’s best practice not to schedule back-to-back meetings.

Appropriate attire for business meetings

Even though this certainly depends on with whom you are meeting (CEO or ordinary employee), it’s safest to wear a suit (with tie for men). But in recent years, thanks to the government’s energy saving campaign “Cool Biz” for summer and “Warm Biz” for winter, the dress code at the business meeting has become more relaxed. This is particularly the case this year as many companies try to save electricity to avoid the power shortages that could have been caused by the great earthquake and tsunami in Tohoku region earlier this year.

Bowing and the seat you take in the meeting room

When you visit and meet your client, your contact person may bow instead of shaking hands, as Japanese people frequently bow when meeting others or thanking or apologizing to someone.

Also, your client may pay attention to where you sit down. The seat furthest away from the entrance is called “kamiza” and it is reserved for the most important person in the room. As the guest, you may be taken to this “kamiza” seat with respect. It is expected that you take the seat if it is offered to you.

Exchanging Business cards

Exchanging business cards

Japanese values the meishi (business card) exchange as the time of formal self-introduction. The person with higher title exchanges the card with the more senior person of the other company first. Then the persons with lesser titles will exchange cards. Introducing your company name and your own name with a bow, hand your card out and receive the other one with both of your hands.

Do not put the given card away in your card case or in the pocket of your jacket, keep it out on the table during the meeting. Writing something on the given card is not recommended — take good care of the card with respect as if it was an extension of him/her.

Any gifts to bring?

Offering a gift is not a strict tradition as is often thought. It would be nice timing to bring a gift if your visit occurs during either of the two gift giving seasons: One is “ochugen,” the season from the beginning to the middle of July; and another is “oseibo,” which is the season from the beginning to 25th of December. People and companies exchange gifts during these periods to express continuing gratitude.

If the meeting person doesn’t unpack your gift, don’t think he/she doesn’t like it, as there is a code of conduct and it’s rude to check what it is in front of the client.

These are just a part of Japanese business manners. Your client should understand that they are meeting with non-Japanese visitors, so do stress over following these guidelines precisely, but just enjoy the communication with your client. That’s what matters most.


Local News Sites Going Facebook Only? Press Releases Need Local Hook to be Utilized

April 11, 2011

Last month, Maryland community blog Rockville Central moved to a Facebook only format. The decision attracted media attention from a number of journalism sites including Nieman Journalism Lab and Media Bistro’s Social Times among others. Business Wire’s media relations team spoke to Editor Cindy Cotte Griffiths in a  recent Q & A that explores this innovative move and how press releases fit in.

Cindy Cotte Griffiths, Editor of Rockville Central on Facebook

Cindy Cotte Griffiths, Editor of Rockville Central on Facebook

Business Wire: What has been the initial reaction from the Rockville Central community?

Cotte Griffiths:   Although some people expressed dismay on the website before the move, the initial reaction has been extremely positive on Facebook. Our active users have increased by over 500% and our base continues to grow each day. We are seeing many new people interacting and commenting on the site which has always been our primary goal.

Business Wire: Do you think other media outlets will follow your lead?

Cotte Griffiths: Yes, we do. We’ve already heard of a local newspaper which has informed its staff that it will be shifting entirely to Facebook. However, sites which intend to take advantage of the projected increases in local online advertising probably would not be in a position to shift entirely to Facebook, since Facebook does not offer a revenue sharing arrangement.

Some other interesting developments in the online media world include TechCrunch only allowing comments with a Facebook account, and Warner Bros. making films available on Facebook with Facebook Credits. Meanwhile, big print news outlets are setting up paywalls. Currently, Facebook takes a 30% cut of revenues from sales by third parties using Credits, so perhaps the news world and Facebook Credits might be combined someday.

 Business Wire: What makes an effective press release in your opinion?

Cotte Griffiths: For us, a press release needs to be location-based since we will only report on Rockville, Md.   We’re willing to include stories about organizations or businesses which are on the forefront of their fields since we like to highlight all the great things produced in our community. So for example, if a biotech company cured a disease or an organization started a successful worldwide program, we would be willing to share the story to emphasize what makes our community special.

For more information about PressPass and Business Wire’s other journalist tools, contact our media relations team at Media.Relations@BusinessWire.com.


Sorting the Real from the Fake: Credibility Matters

October 22, 2010

by Neil Hershberg, Senior Vice President, Global Media for Business Wire

 

Neil Hershberg

Neil Hershberg, SVP - Global Media

 

Recent news stories on companies victimized by false press releases, fake news stories and bogus web sites describe the perpetrators as “pranksters,” and  dismiss their actions as “spoofs” and “stunts.”

According to my dictionary, the more appropriate term for activities that deliberately seek to deceive others is FRAUD.  And when those actions affect the capital markets, the regulatory authorities are likely to weigh in with their own lengthy lexicon of legal definitions that will put this important issue in its proper perspective.

Several well-known companies have recently been traumatized by a troubling trend known as  “corporate PR hijacking.”  These elaborate campaigns have included fake press releases complete with quotes attributed to actual company executives, counterfeit web sites, and fake news stories appearing on phony sites masquerading as legitimate, well-known news outlets. Companies that reportedly have fallen prey to disinformation tactics include BP, Halliburton, Dow Chemical, Exxon Mobil and, most recently, Chevron.

Bona fide media organizations have unwittingly become trapped in this bewildering “House of Mirrors,” conveying erroneous information to the marketplace. These so-called stunts have a habit of snowballing, gaining dangerous momentum that can do irreparable harm.

The issue of fake PR is one that doesn’t seem to be going away anytime soon, and it remains to be seen if marketers and agencies can figure out a way to effectively combat the seemingly greater number of individuals who seem eager to participate in such efforts,” observed Advertising Age.

The challenge of separating fact from fiction on the web certainly isn’t new.

Paul Boutin, writing in The New York Times, said it best:  “On the Internet, every day is April Fool’s Day.” [March 31, 2010]

While portrayed in media accounts as a creative way for critics to convey their message, the reality is that corporate PR hijacking has real victims and unintended consequences.

  • Corporate reputation is a company’s most prized asset. These surreptitious attacks have the potential to cause monumental damage;
  • The integrity of all media is at risk as false information is unintentionally disseminated;
  • Valuations of public companies can be affected as the market reacts to erroneous reports.

In other words, we’re past the point of simple pranks, stunts and spoofs. We’re talking serious business, with major implications for all market participants.

Under these circumstances, the trusted role of Business Wire as a credible news source is more important than ever.

While no organization is totally infallible, Business Wire combines proprietary technology with the largest editorial staff in the industry to deliver some 1,000 stories daily over its patented news delivery platform to the global media, the investment community, and consumers.

Business Wire Connect, our web-based order entry system, enables us to authenticate and validate all issuers. It has been operational since 1998, and is continuously enhanced and upgraded. Our network systems and editorial workflow procedures are independently audited on an annual basis by the world’s leading accounting firms, a mandatory requirement for re-certification as a sanctioned regulatory disclosure service in multiple jurisdictions.

We also realize, however, the limits of technology and that there is no substitute for human intelligence. We have a seasoned staff of close to 200 editors worldwide who vet copy prior to distribution. We are proud to boast that we have the highest editorial accuracy rate in the industry.

While several of our competitors have recently introduced “do-it-yourself” platforms, our goal is be part of the solution, rather than part of the problem. There is enough misinformation floating around without our providing yet another pass-through conduit.

Based on our almost half-century performance standards, Business Wire has earned its reputation for credibility in news rooms and trading houses worldwide. In fact, the world’s leading financial information platforms and international news agencies allow us to “auto-publish” our content directly on to their systems, a true testament to our enviable track record.

We appreciate that everyone is understandably mindful of costs these days — as are we. It is especially important, however, to factor in the priceless value of credibility, reliability and trust in any deliberation, qualities that are of paramount importance in today’s chaotic information environment.


Who Do the Media Trust?

July 24, 2009

(edit: Pierson’s full quote appears below.  The initial post paraphrased and omitted a competitor)

The explosion of online news and changes in the media in recent years have prompted a lot of discussion on how much people trust the media, but a recent incident highlights just who it is that the media themselves trust.

Reuters reporter Ransdell Pierson writes about a recent incident in which an unknown party called his office on a Sunday to fax a press release detailing an offer to buy Harman International Industries at a 100% premium from their most recent closing price.

Pierson’s response?

“If it’s such a big transaction, shouldn’t this news be coming over the PRNewswire or BusinessWire?”

Unable to verify the information on the release, Pierson decided not to run it, nor did any major news outlets.  But it popped up in enough places to spike Harman’s share price.  Now, the SEC is suing several parties in Kuwait and Bahrain to recover profits from what appear to be suspicious trades based on the takeover offer, which was in fact fraudulent.

Pierson’s response is a good indicator of how the financial news community views Business Wire — as a legitimate, credible source of news.  It’s a reputation we’ve built over the 48 years, and we’ve done so by ensuring that fraudulent news never makes it to the wire.

Before we’ll send out a press release, we vet it thoroughly, making sure first that the issuing party has properly established membership with Business Wire and is a legitimate organization.

We also have newsrooms staffed 24/7, with experienced editors and staff available around the clock to look at every press release and ensure that it’s real news.  A press release dealing with a known company like Harman — a Business Wire user — and from a company who had not established membership with us and whose existence could not be verified, would not have made it out over our wire.

The media look to us for credibility and legitimacy, and your company can as well.  Our experienced staff and security procedures make us a trusted source for any kind of news.


Business Wire International: The View from Europe

March 23, 2009

This week, Business Wire takes a look at its worldwide operations, by getting the view from our colleagues outside the US about our challenges and successes in different markets.  We start with a history and overview of our growth in Europe from Dick Bromley, Regional Vice President, Europe.


It was always going to be a challenge; that was never up for debate. Sitting comfortably in a safe, secure job some 9 years ago, I had the things I always wanted: A nice car, a new flat and a good career. I was happy and content, and then the phone rang with the call that changed my life. “Hi Dick, it’s Gregg Castano. How do you fancy setting up Business Wire’s first International office?”

Dick Bromley, RVP Europe

Dick Bromley, RVP Europe

Three months later I was sitting in an office in London’s financial district having completed a week’s training in New York. My head was buzzing with all the information I had recently learned, and I was desperately trying to remember what all these funny acronyms meant. “ASCII”, “HTML”, and what exactly again was the difference between a NY metro and a NY state circuit? One thing was for certain — I had to be a quick learner!

It was slow at first, not least because at that time, Business Wire was not well known outside the United States. Our biggest competitor had been in operation here for a number of years and we had a huge amount of catch-up to do.  Gabi Richard (my boss at the time) and I threw ourselves into the daunting task of developing a brand and a presence in the UK. I vividly recall doing as many as eight meetings a day at the time, plus lunch and dinner functions as well as numerous interviews in between. It was relentless and incredibly hard work but we carried on knocking on doors and building new relationships. 

Part of the problem was that unlike in the US, many of our clients had simply not come across the wire before and needed convincing as to its benefits. Just as I was starting to wonder whether all this hard work was getting us somewhere, the phones started ringing. Business came slowly at first, and then the floodgates opened. Before long we had managed to win new business from some of the UK’s largest and most prestigious companies and had expanded our team to include more salespeople, a local newsroom and a media relations department.

In 2002 we became one of only five companies authorised to disseminate price sensitive news to the UK, and before long had racked up a significant market share. It was a good year for the office and we reveled in our status as ”Business Wire’s fastest growing office ever.” New premises in London quickly followed and our client base increased at a rapid rate.

New offices opened shortly after in Frankfurt and Stockholm, each with their own unique challenges to overcome. Once again a “back-to-basics” and hardworking approach to business, coupled with a passion for customer service, quickly resulted in Business Wire firmly establishing itself as a local player in its own right. New and often exclusive agreements with many high profile European News agencies followed, including us adding the incredibly prestigious Agence France-Presse to our offering. Business Wire clients could now send their news directly through the World’s largest and arguably best-known newswire. A Paris office opened shortly afterwards, adopting the same winning formula as London, and to everyone’s delight, stormed ahead in winning new business at an incredible rate.

In 2007, with my responsibilities now including managing sales across Europe, we firmly cemented our position in the European disclosure market with the advent of the Transparency Obligations Directive (TOD). Created by the EU as a means of providing regional uniformity in disclosing price sensitive news, we drew upon our unique experience from around the globe to create a springboard to the investment community, unsurpassed by any other provider. Business Wire clients can now disclose news directly into eleven member states within the EU, more than any other newswire on the planet. Believe me when I tell you that coordinating a project of this size was by no means a small feat

Looking towards the future, Business Wire Europe stands poised to continue its growth across the continent and meet its client’s expectations with ease. Having access to unquestionably the most comprehensive network of news agencies across the region, we continue to exceed expectations and win new business from many new fronts. Our unique, “one size does not fit all”  approach to sales, truly phenomenal customer service and a desire to go one step better than the competition continues to win us support on many fronts. I’m looking forward to the challenges that lie ahead and continuing to build on our reputation.

Dick Bromley
Regional Vice President, Europe


Business Wire debuts German language website… local presence with global reach

July 17, 2007

German FlagAs a major player on the worldwide scene and responding to the specific needs and nuances of German-speaking clients in the D/A/CH region, Business Wire unveiled www.businesswire.de , the first in a planned series of European and Asian language-specific websites tailored to meet the specialized requirements of local audiences.

The site reflects Business Wire’s unique commitment among global commercial news providers. We singularly offer a full-range of local disclosure and news distribution options, coupled with a decentralized approach to editorial operations and customer service, including 22 newsrooms worldwide.

The new German site illustrates our emergence as the industry’s premier global communications platform, offering multinational companies a totally integrated multilingual solution for reaching international markets.

Our patented NX news delivery system currently transmits releases in 14 languages, simultaneously and in real-time, resulting in client releases appearing in multiple languages on major market-moving newswires and desktop terminals. Business Wire’s main website, www.BusinessWire.com, displays copy in 17 languages. Both capabilities are industry benchmarks.

The German-language site underscores our strategy of providing clients with a full-suite of services, supported by worldwide media and investor relations networks. In Germany, Business Wire’s multi-channel platform includes vwd, ddp, the Associated Press and Agence France-Presse, an exclusive cross-section of leading international news services, national news agencies, and prestigious financial information providers.

In February, Business Wire announced a complete portfolio of compliance services for German-listed companies, enabling public companies to meet the strictly defined disclosure requrements of the BaFin, Germany’s financial regulator.

Cathy Baron Tamraz, the company’s president and CEO said “Germany provides a classic case study of Business Wire’s two-tier approach to international expansion. Our primary goal is to be sensitive to local cultures, customs, and client needs, while simultaneously providing companies with seamless access to the world’s major financial and consumer markets. Our message is clearly resonating, as evidenced by our growing ranks of major European companies that have joined our fast-growing client base during the past year.”


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