CNW Group Ltd.,also calledCanada NewswireandCNW,is a commercialpress releaseservice owned byCision.Cision Distribution services inCanadaare powered by Canada Newswire. The service is offered stand-alone or as part of its flagshipCision Communications Cloudplatform for PR professionals.

CNW Group Ltd.
IndustryCommunication
Founded1960 (as Canada News Wire)
FounderJoseph Adair Porter Clark
FateAcquired by PR Newswire in 2013
Headquarters,
ProductsPress release services
ParentCision
Websitewww.newswire.ca

History

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CNW was founded in 1960 as Canada News Wire, by Joseph Adair Porter Clark (1921–2013) who became CEO and President of the news service.[1]Clark is the father of television journalistTom Clark.

CNW originally delivered text news releases to news media outlets on behalf of paying clients. This model expanded over time to include the provision of ancillary services required by investor relations andpublic relationsprofessionals, including translation, photography, webcasts, media databases and media monitoring.

Canada Newswire distribution switched to usingXHTMLinstead ofANPA-1312,allowing for more formatting of releases.[2]In 2003, CNW entered into a commercial endorsed deal with TSX for its newswire and webcast services through a paid sponsorship agreement.[3][4]

CNW was acquired by US-basedPR Newswirein 2013.[5]PR Newswire was subsequently acquired byCisionin 2016.[6]Cision was most recently acquired byPlatinum Equity,announced October 22, 2019.

On March 19, 2021 Business Insider reported Cision may be looking to spin off its Newswire unit.

References

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  1. ^"globeandmail.com: CLARK".v1.theglobeandmail.com.
  2. ^Laird, Amanda (December 10, 2010)."CNW adopts XHTML as new formatting standard".Canada Newswire.Archived fromthe originalon July 30, 2018.RetrievedNovember 9,2019.
  3. ^"TMX TSX | TSXV - News - Toronto Stock Exchange continues its endorsement of CNW for newswire and webcast services".www.tsx.com.Retrieved2019-11-09.
  4. ^"Digital Press Release".Retrieved26 October2023.
  5. ^"About CNW".CNW Group.Archived fromthe originalon 2016-12-20.Retrieved2016-12-13.
  6. ^"About Us".CNW Group.