“Are press releases dead?” In the 10+ years I have been working in PR, this is a popular question I receive from clients. Do press releases work? Are they worth the money? Have press releases lost their magic?
No, press releases aren’t dead and yes, press releases do work, but only if used correctly.
Press releases by themselves are not going to result in much – if any – media coverage. The press release might get picked up in some news outlets, but it’s not going to be enough to make much of a difference for your company.
But there are three important reasons to issue a press release:
If your PR person pitches the reporter a story and they express interest, the press release helps them write their story – it gives them quotes to use, data points to pull from and key messages to include. Consider the press release sort of like a road map for the reporter as they write the story. According to Cision’s 2019 Global State of the Media report, when asked what type of content they want to receive from brands, 71% of journalists said news announcements and press releases. Reporters do read them. Sometimes they pull content verbatim from the press release.
With company or board turnover, it’s not always easy to know what has been done in the past. Press releases, especially when they live on the company website, keep professional documentation of what the company has done and how it was done.
If your company was struggling, it probably wouldn’t be issuing announcements of new hires or recently released surveys.
So, how do you write a press release that actually gets read?
Press releases are not dead, just make sure you’re doing them right.