Three Major Wire Services Raise Rates
Three major newswire services have raised their rates in recent months, PRNewser has learned.
PR Newswire raised rates in October 2009 and more recently instituted a 5% rate increase across the board, the company confirmed to PRNewser.
A Marketwire spokesperson told PRNewser the company’s clients “saw a modest increase to select products and newslines in 2010, effective February 1. It wasn’t an across the board percentage hike.” The spokesperson also said Marketwire did not raise rates at all in 2009.
Business Wire has also instituted an additional fee per release, as opposed to a percentage increase.
“Rather
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