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Broadcast MediaIndustry
GlobeNewswire is a newswire service specializing in company and financial news. Its clients include the media, investors, and the general public. In particular, it distributes news to a large number of listed companies in the Nordic and Baltic region (through its Nordic Services Desks). The company also hosts investor relations sections of Web sites for public companies. All total, GlobeNewswire distributes information to more than 6,000 daily newspapers; 4,000 Web sites; and about 1.5 million financial desktops. The firm was founded in 1998 by Tom Madden, a former executive with United Press International and PR Newswire, and entrepreneur Jeff Stacey. It is a subsidiary of The NASDAQ OMX Group.
