Founded in April 2001, WireNews announced today that it will no longer accept paid press releases. Since its inception, WireNews' business model has relied on press release distribution, primarily because the website does not contain third-party advertisements.
Bill White, the founder of WireNews, stated, "In the early days, when I founded WireNews (originally called OfficialWire), companies both large and small depended on our ability to distribute their corporate news and announcements to our registered journalists - more than 350,000 strong - and to the general public."
"However, as time has passed, it has become increasingly easy for companies to distribute their media directly to end-users through various social media platforms," White continued.
In addition to press release distribution, WireNews has offered an internationally recognised press card to registered journalists and bloggers, subject to application and the payment of a fee.
White said, "While we will no longer accept paid-for press releases and corporate news, we will continue to publish breaking news, opinion (or op-ed) pieces, and corporate news, albeit news that is vetted by our editors."
"Moreover, we will continue to offer our press card to registered journalists as an alternative to union dues and for independent journalists and bloggers," White explained.
For more information about the WireNews press card visit our Press Card page or to pay for your card go to the Payments page.
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WireNews Limited is a wholly-owned subsidiary of Mayside Partners Limited. WireNews is a registered trademark.