Wow.
Fortune did a great piece on Vocus and PRWeb, focusing on the changing environment for online news distribution.
An excerpt from the article:
PR Newswire and BusinessWire are the Big Two of press release land, and together they still control roughly 70% of the market in the U.S. It’s this quasi-monopoly position position that no doubt attracted Warren Buffett to the market: his Berkshire Hathaway (Charts) acquired Business Wire in March of 2006.
Followed by my favorite line of the story:
On the Internet, however, PRWeb has the pole position.
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