Are press releases dead? What is the status of the press release?

Are press releases dead?

In the past press releases were submitted by hand and there was no other way of getting the information about an event, a product release, or any other major issue. People would submit a press release to engage the attention. If the editor liked your press release only then he would publish your news. Today, […]

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How to write a press release? Are press releases written in the first person? Is it worth it?