Over the past five years, increasing industry consolidation, streamlined operations, and leveraged technology have resulted in revenue growth for the Newswire Services industry. The industry is expected to continue to grow over the next five years, spurred on by increases in corporate advertising expenditure, total number of businesses in the economy, and an increase in overall internet traffic. In addition, major players in the industry have successfully adapted their business models for the digital era, providing a streamlined and highly profitable service offering. Furthermore, demand will be strong from corporations in the immediate future, with corporate profit projected to spike.
This industry provides commercial news releases to journalists, investors and other professionals. These services are generally marketed as PR platforms or newswires. Newswires often operate as subscription services for corporate contributors, and they also distribute this content publicly online. The industry excludes syndicated services written by journalists (as opposed to press releases from corporations), such as Dow Jones Newswires and Bloomberg Business News.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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