# Business Wire

> Business Wire is a Berkshire Hathaway-owned distribution and disclosure service that moves corporate announcements from communications and investor-relations teams into media systems, financial platforms, regulatory channels, and the open web. Its value is not simply posting a release: it combines human editorial review, controlled timing, targeted global delivery, multimedia, and measurement in a network used by more than 26,000 companies.

- **Founded:** 1961
- **Headquarters:** San Francisco, United States
- **Founders:** Lorry I. Lokey (Founder)
- **Products:** Press release distribution, Investor communications and disclosure, Multimedia releases, Reporting and analytics, BusinessWire.com newsroom
- **Notable:** Expanded from seven clients and 16 Bay Area media points in 1961 to a network reaching more than 160 countries., Became the first commercial newswire to use satellite-to-computer delivery through the Associated Press DataFeatures service in 1978., Launched BusinessWire.com in 1995, described by the company as the industry's first online newswire.

## Products & services

- **Press release distribution** — Targeted geographic, industry, demographic, and special-interest distribution to media, websites, financial platforms, and other audiences.
- **Investor communications and disclosure** — Distribution workflows for earnings, financial news, and regulatory disclosure in the United States, Canada, and European markets.
- **Multimedia releases** — Release formats that carry linked logos, photos, video, interactive assets, rich text, and financial tables.
- **Reporting and analytics** — Dashboards and reports for monitoring views, engagement, syndication, and release performance.
- **BusinessWire.com newsroom** — A searchable public destination for breaking company news, redesigned in 2025 for discovery, speed, and SEO visibility.

## Achievements

- Expanded from seven clients and 16 Bay Area media points in 1961 to a network reaching more than 160 countries.
- Became the first commercial newswire to use satellite-to-computer delivery through the Associated Press DataFeatures service in 1978.
- Launched BusinessWire.com in 1995, described by the company as the industry's first online newswire.
- Was acquired by Berkshire Hathaway in 2006 for an undisclosed price.
- Distributes approximately 13,000 releases per month and offers translation into more than 30 languages.
- Serves more than 26,000 companies, including more than half of the Fortune 100.

## Latest updates

- **2025-10** — Business Wire highlighted press-release discovery and visibility at PRSA ICON 2025.
- **2025-03** — Business Wire launched a redesigned BusinessWire.com focused on faster discovery, sharing, mobile use, and stronger search visibility.
- **2022-10** — The company announced the death of founder Lorry I. Lokey at age 95.

## Links

- Website: https://www.businesswire.com/
- LinkedIn: https://www.linkedin.com/company/business-wire
- Twitter/X: https://twitter.com/businesswire/
- Instagram: https://www.instagram.com/businesswire/
- Facebook: https://www.facebook.com/BusinessWire/

---

Profile page: https://yespress.io/business-wire
Published by YesPress — https://yespress.io
Last updated: 2026-09-23