Can individuals do that ?
Probably not.
Business Wire and its primary competitor, PR NewsWire, are prepaid wires, meaning that any subscriber (member?) can post anything on the wires, subject to limitations of newsworthiness, libel, copyright, etc.
IMHO, the fact that the LA Times article is copyrighted would make a verbatim re-publication on BWire quite a problem.
I suppose that someone could designate himself an "independent analyst" and write his own story for BWire, including small quotes from other sources, including the LA Times article and SEC or NASDAQ records.
FWIW, BWire also will only post material which is newsworthy and written to professional standards.
Cost is minimal -- an annual membership fee of perhaps $1-200, plus a per-story fee which depends upon how widely the article is circulated.
BWire and PRNewsWire perform a very useful purpose in providing simultaneous release of information which may be considered "material".
Warm regards,
JSb (a corporate PR type in previous career) |
