This is an interesting development in the newswire/PR industry because Stuart Dean spent nearly 20 years in the press release distribution industry. Most recently he was Senior Vice President of Sales, Americas for PR Newswire, where he led the sales efforts among 24 offices and 150 sales personnel in the Americas.
The funny part is, PR Newswire did recently cut like 30 percent of its workforce, and Berkshire Hathaway bought BusinessWire. These are all very telling signs of how press release distribution is changing and how PR people are adjusting their strategies. (p.s, I believe Dean is also a grad of the BYU PR program - like me!)
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[...] PRWeb is so far ahead of the game (when it comes to public relations tools) compared to the traditional newswires that it’s no wonder companies like PRNewswire had to cut like 30 percent of it’s workforce earlier this year. On the other hand, news release distribution must be very profitable as well because Warren Buffet bought BusinessWire . . . [...]
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