GlobeNewswire

GlobeNewswire is an El Segundo, California-based newswire distribution network that delivers corporate press releases, financial disclosures, and multimedia content globally for public relations, investor relations, and marketing professionals. The organization operates with an estimated workforce ranging from 47 to over 1,700 employees and generates annual revenue estimated between $8.4 million and $96.9 million depending on the reporting source. The platform monetizes its network by charging for targeted distribution services, multimedia hosting, and editorial support, serving thousands of customers annually across growing businesses, non-profits, and large public companies. The company was previously owned and operated by Nasdaq before being acquired in April 2018 by West Corporation, which later rebranded as Intrado, and it subsequently merged its operations with Marketwired. GlobeNewswire was originally founded in 1998 to facilitate corporate communications and regulatory compliance, though its specific founding members remain undisclosed.