Key Takeaways
- GlobeNewswire is a trusted press release distribution service best suited for public companies and industries like finance, biotech, and healthcare that require regulatory compliance.
- Its global distribution network, regulatory filing support, and media monitoring tools make it effective for formal corporate communications and investor announcements.
- Pricing starts around $350 for a basic release but can quickly exceed $1,000 with add-ons like multimedia, extra word count, or international targeting.
- The platform is most effective for large enterprises, PR agencies, and brands that rely on traditional media channels for visibility and credibility.
- If you’re looking to build long-term, multi-channel visibility, AmpiFire is a smarter choice. It creates 8 types of content per campaign and distributes them across 300+ platforms to deliver sustained organic traffic and measurable ROI.
What is GlobeNewswire?
GlobeNewswire is a press release distribution service owned by Notified (part of Intrado). It specializes in delivering corporate announcements, financial disclosures, and multimedia content to journalists, investors, analysts, and media outlets around the world.
As one of the largest newswire distribution networks globally, GlobeNewswire is known for reach and credibility, especially in industries where compliance and transparency matter most. It’s widely used across sectors like biotech, finance, healthcare, and publicly traded companies that must meet investor and regulatory disclosure requirements.
The platform connects businesses with global newsrooms, media sites, and financial platforms, helping brands share announcements at scale. If you’re launching a new product, reporting earnings, or distributing regulatory news, GlobeNewswire offers tools designed for high-impact corporate communication.
Why Press Releases Don’t Work Anymore
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• The Problem: Press releases reach one audience through one channel while your customers are everywhere online. Most get buried within days with poor ROI.
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Key Features of GlobeNewswire
GlobeNewswire is built for companies that need high-reach, high-compliance press release distribution. Some of its standout features include:
1. Global Press Release Distribution
GlobeNewswire offers extensive international reach, distributing press releases to media outlets, journalists, financial platforms, and industry-specific newsrooms around the world. Businesses can target by region, language, or sector, making it a strong option for brands with global ambitions or industry-specific campaigns.
2. Regulatory Filing Support
For companies that need to comply with financial disclosure rules, GlobeNewswire provides turnkey support for regulatory filings including EDGAR (U.S.), SEDAR (Canada), XBRL tagging, and European Transparency requirements. This is especially useful for publicly traded companies and firms in finance or healthcare.
3. AI-Powered Press Release Generator
The platform includes an AI-driven tool that helps users draft releases quickly and securely. By automating structure and tone, it helps ensure consistency while saving time, ideal for businesses handling frequent announcements or smaller teams with limited writing resources.
4. Verified Distribution with CLEAR®
To add an extra layer of trust and security, GlobeNewswire partners with CLEAR® to verify user identity before any release goes live. This helps reduce the risk of unauthorized publication, ensuring only verified, credible content is published through the network.
5. Social Listening & Media Monitoring
With built-in tools for tracking brand mentions across news, blogs, and social platforms, GlobeNewswire helps businesses monitor public sentiment in real time. This makes it easier to respond to feedback, measure earned media, and manage reputation as part of a broader communication strategy.
6. Insights & Analytics Services
After distribution, GlobeNewswire provides access to detailed reports created by its research team. These insights cover key performance metrics, media pickup, and audience engagement, helping businesses understand their reach and refine their PR efforts for future campaigns.
GlobeNewswire Pricing
GlobeNewswire does not list its pricing publicly on its website. However, based on third-party sources and user reports, the base price for a standard press release of up to 400 words is typically around $350. This makes it one of the more premium options in the press release distribution space, especially when additional features are added.
If your release exceeds the base word count, expect to pay roughly $140 to $175 for every additional 100 words. Adding multimedia can also increase the total significantly. Including a company logo usually starts at $100, while a single image may cost around $200. Video support is available but can cost as much as $1,200, depending on placement and format.
Altogether, the total cost for a press release with basic multimedia elements can range from $700 to $1,200 or more.
Note: The price ranges mentioned above are subject to change over time and may vary. Always check with the provider for the most up-to-date pricing.
Pros of Using GlobeNewswire
Here are a few reasons why large organizations continue to use GlobeNewswire:
- Extensive Global Distribution: Access to over 4,000 websites, 3,000 media outlets, and 550 news content systems for broad international reach.
- Real-Time Media Monitoring: Track performance and measure the impact of your press releases as they go live.
- User-Friendly Interface: Easy platform with both full-service and self-service options.
- Multimedia Support: Enhance releases with SEO features, images, logos, and video content for more engaging messaging.
- Editorial & Analytics Support: Access to editorial assistance and detailed reporting for deeper performance insights.
Cons of Using GlobeNewswire
While GlobeNewswire is effective for certain business types, it’s not always the most versatile or cost-effective solution:
- High Pricing: Generally more expensive than platforms like PRWeb or Marketwired, making it less accessible for small businesses.
- Limited Social Media Tools: Social media distribution exists, but lacks the advanced management features offered by competitors like Meltwater.
- Formatting Constraints: Fewer customization options for templates and press release layout.
- Non-Transparent Pricing: Pricing is not listed publicly, requiring users to inquire directly for quotes.
Who Is GlobeNewswire Best For?
GlobeNewswire is built with specific types of organizations and communication goals in mind. Based on its pricing, features, and focus on compliance-grade distribution, here’s who tends to benefit most from the platform:
1. Public Companies Needing Investor Communications
GlobeNewswire is widely used by publicly traded companies that need to issue financial disclosures, earnings announcements, or regulatory filings. It supports EDGAR, SEDAR, and XBRL formats, making it ideal for meeting legal requirements and investor transparency standards.
2. Enterprises in Finance, Biotech & Legal Sectors
Firms in finance, biotech, healthcare, and law often rely on timely, global communication to reach analysts, regulators, and niche media. GlobeNewswire’s compliance tools and targeted industry distribution make it a good fit for these high-stakes sectors.
3. Brands Working with PR Agencies
For companies with dedicated PR teams or external agencies, GlobeNewswire provides the flexibility and infrastructure needed for high-volume or strategic campaigns. Agencies can make use of analytics, media monitoring, and broad distribution to support their clients.
4. Organizations Relying on Traditional Media Channels
If your goal is to secure media visibility through traditional outlets like newspapers, TV networks, and industry publications, GlobeNewswire’s vast media network can be an asset. It focuses more on mainstream and investor-facing press rather than influencer or social media channels.
Final Verdict: Is GlobeNewswire Worth It?
If you’re a public company or operate in a regulated industry like finance or biotech, GlobeNewswire is a strong, reliable option. Its global reach, compliance-ready tools, and editorial support make it well-suited for investor updates and formal press releases.
But for smaller businesses looking to boost visibility across search, social media, YouTube, or podcasts, the platform may not offer the best ROI. Its higher pricing and focus on traditional media channels can limit exposure in today’s multi-platform world.
In short, GlobeNewswire works well for companies that need formal distribution, but not for those who want broad, multi-channel reach.
Want Multi-Channel Visibility? Try AmpiFire Instead
Most press release services offer short-term visibility through basic syndication. You get a single release published on a few outlets, and then it disappears.
AmpiFire takes a completely different approach. It’s a fully-managed, multi-format content amplification platform that helps your business stay visible across major channels, for weeks or even months.
Multi-Format Content Creation
Each campaign generates 8 types of content from a single idea: press releases, blog posts, infographics, slide decks, videos, audio clips, social posts, and news features. This gives your brand multiple ways to connect with your audience.
Multi-Channel Distribution
Content is published on 300+ authority platforms, including Google News, YouTube, NBC, FOX affiliates, Apple Podcasts, Pinterest, SlideShare, and more. This wide reach increases your brand presence across search engines, social feeds, and news outlets.
Long-Term Organic Traffic
Unlike one-time press releases, AmpiFire content is keyword-optimized to drive ongoing traffic from Google and other search engines. Some clients have gained tens of thousands of monthly visitors, without spending a dime on ads.
Scalable, Repeatable Campaigns
You can run monthly campaigns targeting different products, locations, or customer segments. The results compound over time, building brand authority and traffic at scale.
Completely Done-for-You
No writing, designing, or outreach is required. AmpiFire’s team handles everything, from research and content creation to optimization and distribution. You get the results, they do the work.
Frequently Asked Questions (FAQs)
Does GlobeNewswire offer content writing or formatting support?
GlobeNewswire doesn’t provide full writing or formatting services but does offer a secure AI-powered generator to help draft press releases quickly. It uses OpenAI via Microsoft Azure to protect non-public data, making it useful for time-sensitive announcements without compromising security.
Why don’t GlobeNewswire prices appear on the website?
GlobeNewswire customizes pricing based on word count, multimedia add-ons, and distribution regions. This is why official pricing isn’t listed publicly, though third-party sources provide estimates.
Does GlobeNewswire provide analytics and reporting?
Yes. Users receive performance metrics including views, clicks, regions reached, and media pickup reports to assess the success of each release.
Are there any self-service options available on GlobeNewswire?
Yes, the platform offers both self-service and full-service options, giving users the flexibility to upload, schedule, and manage releases independently if desired.
Is GlobeNewswire good for small businesses?
GlobeNewswire is designed more for public companies, enterprises, and regulated industries. Small businesses may find the cost high and the format limited compared to multi-channel options like AmpiFire.
