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Press release distribution business PR Newswire has bought US Newswire from Medialink Worldwide for £10 million.

The purchase of US Newswire will give PR Newswire, which is owned by United Business Media, a significant foothold on the government and public interest sectors and improve its distribution channels in the US.

"Since its inception, US Newswire has done an exemplary job serving the needs of both the media who cover politics and public policy as well as PR professionals both inside the Beltway and beyond," said Dave Armon, chief operating officer of PR Newswire.

"We are committed to building on this legacy and providing additional technology and product innovation expertise to US Newswire customers. We are pleased to welcome US Newswire staff and customers into the PR Newswire family."

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Written by
Oliver Luft

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