Frankie Flack Explains Why Newsrooms are Using Press Releases More Than Ever

July 17, 2014

By Neil Hershberg, Sr. Vice President, Global Media, Business Wire

Not only are press releases alive and well but, according to an industry insider, their role in today’s editorial ecosystem is more important than ever. They have emerged as the “exclusive information source” for many corporate developments, most of which fail to generate independent coverage.

Frankie Flack, a pseudonym for a New York-based public relations professional, authored a column for “Talking Biz News” explaining the shifting dynamics of financial news coverage in a challenging media environment. “Talking Biz News” is a popular web site that enables business journalists to track the latest media trends, developments, and personnel moves.

You can read the article here: http://talkingbiznews.com/2/frankie-flack-why-my-press-releases-are-the-new-newswire

According to Flack, a confluence of factors have contributed to the press release’s resurgent popularity, and its de facto dominance as a primary news source.

Newsroom cutbacks have sharply curtailed the resources dedicated to breaking news other than major announcements, in Flack’s view.

Beat reporters are committed to churning out “thumb-sucker” stories focusing on Big Ideas, as opposed to the nuts-and-bolts stories that news organizations were noted for in the past.

Even the larger market-moving news services have become dependent on news releases to provide context to their headlines, often in the absence of insights from analysts and academics who were relied on for perspective in the past. According to Flack, press releases enable issuers to “control the narrative.”

Flack also cites the ubiquity of press releases on the web, pointing to such popular sites as Yahoo! where releases far out number wire stories.

The middling stories that represented the bulk of a news service’s daily output have all but disappeared, Flack notes, making press releases the “exclusive information source” for most corporate events. In the absence of coverage of record, press releases have become the default archive that investors, journalists, consumers, and others will rely on in the future.

Clearly, press releases are more vital than ever, playing an ever more robust role in determining the daily news agenda, and influencing user consumption.


Business Wire Partners with iSentia, Expanding Press Release Distribution Reach and Impact Throughout Australia and New Zealand

May 6, 2014

By Serena Ehrlich, Director of Social and Evolving Media

We are very excited to introduce you to our expanded news and content distribution partner for the Australia and New Zealand markets – iSentia.

iSentia

iSentia is the largest media information and business intelligence company in the Asia Pacific region.        With some 1,200 employees operating across 15 countries, iSentia has earned its reputation as Asia’s leading media resource center, featuring reach to over 10,000 print, broadcast and online outlets.

The new arrangement will provide Business Wire members news distribution access to a wide range of industry trade journalists, in addition to mainstream and online media within the Australian and New Zealand markets.  This partnership enhances Business Wire’s existing Asia Pacific distribution alongside The Associated Press and Agence France-Presse global networks.

In addition, with Business Wire’s Sydney office available to provide product counseling and consultative support, iSentia clients will gain seamless access to Business Wire’s global media networks and investor relations services.

  “iSentia’s continuously refreshed media data maximizes the return-on-investment potential for our clients,” said Cathy Baron Tamraz, Business Wire’s CEO, who made today’s announcement. “Of equal importance, iSentia’s impressive client base will now be able to reach consumer audiences, business decision-makers, and investors in North America, Europe, Latin America, the Middle East, and Africa, in addition to all of the Asia Pacific region, with ease.”

Learn more about this partnership at http://www.newsboost.com/newsroom/businesswire

Have questions about this new partnership?  Let us know!


Tips for Getting Your News Noticed in Singapore

January 21, 2014

By Ai Arakawa, Media Relations Specialist, Business Wire/Tokyo

Ai Arakawa

I recently had the opportunity to take a business trip to Singapore. In the course of my meetings, I was able to speak with some very influential members of the Singapore media. What I took away was a new knowledge of the country’s media and some tips for those sending them news.

The Business Times
Since 1976, The Business Times is Singapore’s only financial daily covering local, regional and international business news. The publisher, Singapore Press Holdings (SPH), is one of the most influential publishers owning more than 100 media outlets in Asia. The editorial team at Business Times focuses on grasping the latest economic trends in Singapore as well as around the globe and analyzes this information with deep and original insight. Here are some tips that The Business Times shared during my visit:

  • They are not really a “big fan” of receiving a product news release from each company by email.
  • However, they enjoy checking AP, Bloomberg and other major information providers for global economy information and also check the releases provided by Business Wire.
SPH News Center

SPH News Center

Berita Harian & Berita Minggu
SPH publishes the daily newspaper in Malay language, Berita Harian, launched in 1957 and now boasts a circulation of 59,300. Its Sunday version, Berita Minggu, claims 57,800 copies as circulation. BH, says:

  • Despite the language in the newspaper, most of the releases they receive every day are in English and this doesn’t bother the editorial team.
  • 75% of the paper covers Malay community related topics, so if the releases are related to Malay community, there might be more opportunities to get the coverage. However, they do cover international news as well and he’s personally interested in politics, travels and trends.
  • They enjoy and use social media as well. In addition to Facebook and Twitter, they also use Instagram for topical research.

I found it very interesting to see their use of Instagram, because CNET recently published an article mentioning that Instagram now has a bigger average monthly smartphone audience compared to Twitter based on the data recently disclosed by Nielsen.

The New Paper
Also published by SPH, this is the daily tabloid newspaper in English founded in 1988 with a circulation of 90,800. The paper’s motto is “People”. Link your pitch and tips towards people if you expect the coverage in this paper. They enjoy social media such as Facebook, Twitter and LinkedIn as other Singapore journalists do.

Today

“TODAY lady” at MRT station

“TODAY lady” at MRT station

This is the English daily newspaper from Monday to Saturday published by another leading publisher in Singapore, Media Corp Press. The subscription is free of charge and we can get the paper from the ladies in “TODAY” jackets who hand out the papers in the major MRT (railway system) stations. According to Richard Valladares and Rosalind Png, Assistant Vice Presidents, there are many original articles thanks to their correspondents from around the world. This global content allows them to sell their news in other countries and helps supplement their ad revenue stream.

Like many media outlets around the world, Singapore journalists look for news of interest to their readers, by subject or geography and utilize social channels to round out their articles.  To increase media coverage by these reporters, we recommend a compelling relevant headline, interesting multimedia and including links to social channel content useful to the story.

Liked this article? Let us know!  Business Wire is a global newswire service with offices across the globe.  What other regional media relations tips are you interested in learning about?


Decoding the Media: National Journalists Divulge Best Way to Build Relationships

November 12, 2013

By Meghann Johnson, Sales Manager, Business Wire Chicago

What does it take to land a signature placement? You know, the media placement that positions your company as an industry-leader with the smartest executive team and best products? According to speakers on PRSA Chicago’s recent panel, a heck of a lot more than it used to.

Business Wire team members recently attended “National Media in Chicago: Who’s Here and What Do They Cover?” featuring journalists from top national media outlets including:

  • Diane Eastabrook, Correspondent, Al Jazeera America (@AJAM)
  • Jason Dean, Chicago Bureau Chief, Wall Street Journal (@JasonRDean)
  • Flynn McRoberts, Chicago Bureau Chief and Editor-at-Large, Bloomberg News (@FlynnMcRoberts)
  • Neil Munshi, Chicago and Midwest Correspondent, Financial Times (@NeilMunshi)

During this discussion the speakers divulged best pitch practices for PR professionals. In each case, each journalist reiterated the exact same advice – all good PR professionals must do their research before reaching out. This, they told us, is the number one way to create strong relationships and build trust in your company.

In this case, research does not mean referencing their latest article, post or tweet. In PR, researching the reporter means understanding both what they write about and who their audience is.  In today’s world, general pitches only slightly on target with the reporter’s beat and readership are unacceptable. It is better to write highly targeted press releases, with a highly specific audience. Not only will this support your internal business goals, you will provide better content to your beat  reporters.

A few other themes were addressed to give insight into their news process:

Newsrooms embrace social media…to an extent.

In April 2013 Bloomberg News introduced corporate and CEO Twitter feeds to their terminals, a huge step for highly-regulated industries that may not have access to social news at work

  • Business Wire Tip: If you delete a tweet archived in the Bloomberg terminal, you must call Bloomberg to have them manually remove it.  These tweets are not automatically deleted.

While social media is expanding, many journalists are still cautious.  Financial Times’ Neil Munshi was quick to point out that when a big story hits he shuts off Twitter so he can focus on uncovering facts vs. reading potentially false reports.

  • Business Wire Tip: For any communications, especially in times of crisis, it is important for companies to be transparent and provide as much information about the situation as possible in order to control the conversation.  Considering issuing a press release or utilizing your corporate blog to ensure the words used to describe your news are your own.

Content other than photos are rarely re-purposed verbatim; however these elements have huge value in showcasing the larger story to the reporter and brand fans.

In the age of videos and infographics, companies should include content elements that tell the brand’s larger story.  Video works well as it provides a face to the story, while images drive deeper emotional connections.

  • Business Wire Tip: Content marketing and distribution is an effective way to gain attention and influence key constituents; however, it’s important to ensure the story is relevant and timely to drive conversations. Check out on our recent post on this topic.

Press releases remain relevant to news gatherers.

The resounding feedback from speakers is “press releases are alive and well.” According to Jason Dean of the Wall Street Journal press releases remain one of the best ways share company news as it provides reporters accurate information, with links to supporting information, making it easier to do their jobs.

  • Business Wire Tip: If you’re looking to spice up the traditional release think about adding bullets highlighting “Just the Facts” and “Key Quotes,” which may catch the viewers’ attention. Consider adding a Click to Tweet in your sub-headline like this PRSA Austin story.  Or take it one step further like this Amazon release entirely comprised of Tweets each crafted with a different audience in mind.

These are just a few of the tips from leading journalists, but we have many more. Keep following the BusinessWired blog or contact us directly to learn more.


How to Pitch a Story: Think Like a News Director

July 8, 2013
by Joyce Thian, Media Relations Specialist, Business Wire/Canada
Joyce Thian

Joyce Thian

If you want to know as a PR pro exactly how to get your stories “on the air,” news directors should be your go-to people. But it’s not every day that you get to sit down and chat with a news director—they’re busy people, after all, running entire news rooms and news departments on a day-to-day basis.

Luckily, this year’s RTDNA national conference (June 13-15) featured a lineup of back-to-basics workshops, one of which was a stellar “Making the Pitch” session with Dave Trafford, news director at Global News Toronto.

Dave Trafford

Dave Trafford

Trafford, an award-winning journalist and bona fide news veteran, took the time to share his tips on story pitches with a roomful of PR pros, freelance journalists, reporters, and producers. His insights into what works and what doesn’t when it comes to pitching offered that rare glimpse into the mind of a news director:

  1. Your idea has to be better than mine. Get me interested because if I’m interested, an audience will be too.
  2. If you’re going to pitch anything, it has to be about me. A good pitch will be about the person you are pitching to, no matter who they are. Make them care and relate it to them personally.
  3. Some of the best pitches are the ones that have left me mad afterwards. If the pitch provokes a reaction, I might want to see that story.
  4. Don’t confuse an idea with a pitch and don’t pitch by asking questions or listing some qualities. The pitch is essentially the first part of telling a great story.
  5. Good pitches land in the strike zone. Make a narrow pitch—be specific and focused enough that you can pitch your story in as short a time as it will be on the air. (Interested in more baseball-inspired PR tips? Check out this blog post from our global media relations director, Raschanda Hall!)
  6. Don’t overlook the things you find obviously entertaining or interesting; great characters can make great pitches or stories.

Event recap: Boston’s Most Influential Online Journalists & Bloggers

May 16, 2013
by Molly Pappas, Media Relations Specialist, Business Wire/Boston

Last week, Business Wire/Boston hosted a media panel breakfast event with some of the leading online journalists and bloggers in the area to discuss the latest trends in online media.  Among the topics discussed were the evolution of online media, tactics of coverage and how an online journalist’s job has changed.

Our media discussion revolved around six of the area’s established names in online media:

Moderator –

Shane O’Neill, Assistant Managing Editor of CIO.com (@smoneill)

Panelists

Paul Roberts, Editor-in-Chief/Founder of The Security Ledger (@paulfroberts)
Tiffany Campbell, Managing Editor of Digital at WBUR.org (@tiffanycampbell)
Galen Moore, Web Editor at Boston Business Journal (@galenmoore)
Angela Nelson, News Editor of Boston.com (@bostonangela)
Jamie Wallace, Editor-in-Chief of Fans of Being a Mom blog (@suddenlyjamie)

L-R: Angela Nelson, Jamie Wallace, Shane O’Neill, Paul Roberts, Galen Moore, Tiffany Campbell

L-R: Angela Nelson, Jamie Wallace, Shane O’Neill, Paul Roberts, Galen Moore, Tiffany Campbell


Check out the links below for some Storify compilations of tweets from attendees and panelists!

On the evolution of online media:

  1. ‘iPhone has changed my life as a reporter’- @tiffanycampbell on benefits of new tech #BWCHAT
  2. Getting so much feedback via blogs and Twitter is double-edged sword because of + & – comments, must be prepared says@suddenlyjamie #bwchat
  3. #bwchat panelists honest about balancing metrics w/delivering content that should be reported & engaging with audience. Refreshing.
  4. RT @metiscomm: Monitoring #socialmedia is like having #kids – you have to add 5-10 minutes to everything you do: @GalenMoore#BWchat
  5. Nice to hear that cultivating relationships is still important in PR…and that tweet pitching is not really valued #bwchat
  6. Paul Roberts/The Security Ledger: “Stories that do the best are the ones that have real news.” #bwchat
  7. Its an antiquated conception that print gets more views than online, plus it has a longer shelf life @bostonangela of @BostonDotCom#bwchat
  8. Online stories get more eyeballs and have longer shelf vs print says@BostonAngela #bwchat

On the tactics of coverage:

  1. RT @jensaragosa: Visuals are key-send me your photos, your videos and we’ll get them on our site says @BostonAngela #BWChat
  2. Online newsrooms v. important MT @V2comms@GalenMoore“…please remember this – put your press release on your website”#BWChat
    MetisComm
  3. If you don’t put up something with a striking visual, it might as well be invisible- @suddenlyjamie #BWchat
  4. RT @bkguilfoy: “My email has 99 problems but your attached image aint one” #bwchat
  5. Prep story for instant repurposing via visual/social/online mediums & your story will be gold to the media @suddenlyjamie #bwchat

On how the job has changed:

  1. #bwchat @galenmoore “voicemail is where things go to die.” Ha – so true!! Even for PR people.
  2. Pitching diff now than 20 yrs ago? #bwchat panelists say no, but impt to now add pictures so journos can make packages for social channels
  3. Pitching press is still about relationships, knowing publication, good content. But need to present it for visual and social media#BWCHAT
  4. Yes! MT @amyshanler#bwchat reporters/pr pros are all real people. Let’s not lose sight of that when focusing on our work, or our numbers.

Our full house had nothing but praise for the panelists and discussion.

  1. Fabulous panel MT @GalenMoore: Tx @BostonAngela,@paulfroberts@tiffanycampbell,@suddenlyjamie, & @smoneill for a lively panel #bwchat
  2. Morning well spent at #BWCHAT with area media, good Q&A, content. Thanks BusinessWire
  3. At BusinessWire “Meet the Media” pgm in Waltham. Full house. Awesome panelists. Love learning! #bwchat

Thank you to our amazing moderator and panelists for a great, informative discussion!

For upcoming local Business Wire events or our award-winning webinar series, visit our events page or follow Business Wire events on Twitter, hashtag #bwchat.


Event Recap: Meet the Washington, DC Tech Media

May 12, 2013
by Simon Ogus, Media Relations Specialist, Business Wire/Washington, DC
Simon Ogus

Simon Ogus

Business Wire/ Washington, DC recently hosted a technology media panel with some of the leading journalists in the area to discuss the latest trends in the world of technology reporting. Among the topics discussed were how reporters utilize social media, how to most effectively organize a pitch and the best ways to get a reporter’s attention in this fast-paced news cycle.

It was an honor to moderate the panel, which included five established names in the Washington, DC technology reporting industry:

Paul Sherman, Editor and Publisher of Potomac Tech Wire (@PaulRSherman)

Bill Flook, Reporter, Washington Business Journal (@TechFlashWBJ)

Rob Pegoraro, Freelancer, previously with The Washington Post (@RobPegoraro)

Nick Wakeman, Editor-In-Chief, Washington Technology (@Nick_Wakeman)

Andrew Feinberg, Freelancer, previously with The Hill  (@agfhome)

On Social Media: Twitter and LinkedIn

Business Wire tech media event panel

L-R: Andrew Feinberg, Bill Flook, Nick Wakeman, Rob Pegoraro, Paul Sherman, Simon Ogus (standing)

The panelists, all active on Twitter, agreed that social media outlets allow them to read and follow news and trends in a timely manner while also enabling them to connect and communicate with many individuals through a common platform. One downside to communicating through Twitter, they noted, is the overwhelming amount of information they must sort through to find those topics they can actually write about. Feinberg made the analogy that Twitter is like “attempting to take a drink of water out of a fire hose” – a sentiment that was unanimously agreed to.

That isn’t to say that news can’t be shared on Twitter between public relations professionals and reporters, only that the task has become a bit more difficult in the last couple years. As Sherman explained, “The big news breaks fast on Twitter, but often times the small news can’t get through the noise.” This has led reporters to seek out information on other platforms. The panelists considered LinkedIn as another valuable social media resource, as it provides the reporter more background than a Twitter profile might about who is messaging them. Overall, however, the panel finds Twitter to be very useful, but is primarily best for fast and short conversations.

On capturing a journalist’s interest

The panelists agreed that the content of the press releases is always king to attract those reporters most interested in a particular topic. And, because these panelists are all based in the greater Washington, DC area, they are always on the lookout for news that will uncover the latest Washington, DC story. They stressed how local news content is always the best for them in a news release/pitch and suggested focusing on transactions that are happening in this area.

Wakeman suggested that the best way to catch his eye is to “have your story align with trends, specifically economic trends.” For Pegoraro, the releases he said he finds most appealing describe “companies and individuals solving long-running problems through technology.” He stressed that buzzwords don’t provide much of an impact on the news releases and recommended producing copy that enhances your release with a strong descriptive headline.

Tailor your pitch for a mobile device

Pegoraro also noted that because reporters are more often checking their emails on the go, it’s a good idea to be mindful of the readability of a news release or pitch on a smart phone. He suggested first testing the email pitch on a personal smart phone and also including the more important pieces of information at the top of the email.

Consider the reporter’s deadlines

The panelists preferred being contacted during their business hours. Understanding each reporter’s deadlines is also important. For example, Flook described how the early hours of his workday are devoted to sending the “TechFlash” email and so he may not be responsive to emails or calls at that time.

Don’t just pitch events as news, pitch something about the event

The panelists agreed that there are too many events and not enough resources to cover them. They recommended that news about an event include something that occurred or was discussed at an event. They felt this could also help save a lot of effort on the public relations side to promote something specific within an event that would be relevant to the reporter instead of a general release about the event itself.

Incorporating newswire distribution

The Q&A session revealed that all five panelists currently receive Business Wire’s technology copy and provided insight as to the importance placed on copy received in this manner. Sherman told the audience he “checks Business Wire’s copy every day” and Wakeman said he has “relied on Business Wire for years.” In addition to the releases being easy-to-view, other requirements in place for wire-distributed copy are a bonus to journalists. Pegoraro mentioned that he has often been interested in a release submitted directly by a company, but has found it frustrating when he’s unable to locate a point of contact in order to follow up. He said that when releases come through a newswire service, these types of omissions are rare.

Thank you panelists!

We’d like to thank our panelists again for their valuable insights to public relations professionals and communicators.

For upcoming local Business Wire events or our award-winning webinar series, visit our events page or follow Business Wire events on Twitter, hashtag #bwchat.


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