Company News Market Flat, Vendors Eye Asia

Spend on corporate news announcement services grew only 0.59 percent in 2012, to $667.1 million, though stronger growth demand for disclosure services among companies based in Asia may present new opportunities for global providers, according to a new report from Burton-Taylor International Consulting LLC.

From 2008, global PR Newswire revenues fell by 8 percent to $563 million in 2009, then rose almost 11 percent to $624 million in 2010, before tapering to a moderate 6.25 percent growth in 2011, then flattening in 2012.

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