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March 28, 2015 1:53 PM ET

Internet Software and Services

Company Overview of Business Wire, Inc.

Company Overview

Business Wire, Inc. operates in commercial news distribution business. It allows member companies and organizations to transmit their news releases, regulatory filings, photos, and other multimedia content to journalists, news media, trade publications, financial professionals, institutional and individual investors, Internet portals, information Web sites, investor services, regulatory authorities, business-to-business decision-makers, and the general public in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company’s solutions include Smart News Release platform that provides text news releases and multimedia content; Smart Marketing Page, a communications platform...

44 Montgomery Street

39th Floor

San Francisco, CA 94104

United States

Founded in 1961





Key Executives for Business Wire, Inc.

Chairman and Chief Executive Officer
President and Director
Founder and Member of The Board of Directors
Chief Financial Officer
Chief Operating Officer, Executive Vice President and Member of The Board of Directors
Age: 49
Compensation as of Fiscal Year 2014.

Business Wire, Inc. Key Developments

Business Wire Promotes Raschanda Hall as Director of Global Media Relations

Raschanda Hall, a 14-year veteran of Business Wire's media relations team has been promoted to director of Global Media Relations. Raschanda has directed Business Wire's global media relations team through the fast-paced, changing media landscape utilizing her formidable communication skills, understanding of emerging technology and her pioneering social media presence to expand Business Wire's reach to media and influencers worldwide. Raschanda's focus is on strategies to further establish and expand Business Wire's circuit offerings and targeted delivery using the latest technology and communications tools. She has provided Business Wire the advantage in reaching both traditional, online, trade and specialty press and social media audiences around the world. She reports to Laura Sturaitis, Business Wire's EVP Media Relations and Product Services.

Business Wire Names Scott Fedonchik as Vice President of Marketing

Scott Fedonchik, an award-winning executive with broad experience implementing integrated communications programs across multi-channel media platforms, has been named Business Wire's vice president of marketing. He will report to Gregg Castano, Business Wire's president. Fedonchik joins Business Wire from Wenner Media, where he was in charge of marketing and branded content for its Rolling Stone, RollingStone.Com and Men's Journal properties.

Business Wire Enters into News Distribution and Sales Agreement with iSentia

Business Wire will leverage the comprehensive and dynamically updated media databases of iSentia to significantly expand its news distribution reach in the Australia and New Zealand markets. The new arrangement will provide Business Wire members with precision targeting of industry trade journalists, in addition to full-scale coverage of mainstream and online media. Additionally, Business Wire reaches key Australasia media via its access to the global networks of The Associated Press and Agence France-Presse. A key benefit of the collaboration between the two companies is iSentia's ability to market Business Wire's media and investor relations services to its 5,000 clients. 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. 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.

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