(PRNewsChannel) / Tampa, Fla. / The press release distribution company PRNewsChannel has become a beneficiary of businesses tightening their budget belts, the company reported today.
By offering more services for less, PRNewsChannel believes it has positioned itself well in a tight economy, says Glenn Selig, PRNewsChannel’s founder.
“PRNewsChannel charges a reasonable price for a whole lot of product,” says Selig of the only press release distribution company created and run by former journalists. “We don’t charge incredible fees to distribute a press release yet we have excellent reach online and we send press release via email to news reporters and editors one at a time—not bundled into one email.”
Companies across a variety of sectors are facing cutbacks. This week, NBC Universal, a division of Fairfield, Conn.-based General Electric Co. (NYSE:GE), announced plans to cut $500 million from its budget. eBay, Inc. (NASDAQ:EBAY) announced plans to reduce its global workforce by 10 percent.
“Companies, small business companies and publicly traded companies alike, candidly tell us that they’re looking for painless ways to cut,” says Selig, "and PRNewsChannel saves them 50% or more per press release over the more expensive newswires.
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“Companies don’t need to spend $1,000 to send a release announcing a new hire,” says Selig. “It’s just a waste.”
About PRNewsChannel: PRNewsChannel is owned and operated by Selig Multimedia, Inc. Founded in 2007, PRNewsChannel is one of the fastest growing press release distribution services. PRNewsChannel.com sends company press releases via email to journalists worldwide and circulates press releases online through strategic partnerships with AOL, Google, Google Finance, Ask.com and leading financial content aggregators. Content is managed by former professional journalists.
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