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PR Fuel: One-Hundred Years of Spinitude
October 28th marked a very special anniversary: The press
release turned one-hundred years old.
On Sunday, October 28, 1906, the Pennsylvania Railroad
issued what is believe to be the first press release ever.
The release was the idea of the company's outside public
relations counsel, Ivy Ledbetter Lee, and it revolutionized
how companies and organizations delivered information to the
public.
The occasion for the first press release ever was a solemn
affair. An eastbound train headed to Atlantic City, New
Jersey derailed while crossing a drawbridge just outside of
the city late in the afternoon. The train, made up of three
new cars travelling on an electrified track, flew almost
entirely off the tracks. Fifty-seven people died in the
accident, most drowning after the train plunged into the
water. Lee, perhaps realizing that rumors could cause his
client damage, quickly swung into action.
Lee issued to newspapers a "Statement from the Road," using
the term "release" and sending it off to newspapers. He also
had the Pennsylvania Railroad set up a special train to
bring reporters to the scene. The New York Times printed the
release, as-is, on its front page the next morning.
The Pennsylvania Railroad earned praise from the media over
the following weeks, as editors and reporters credited the
company for providing timely information. The press release
also helped the company's public image. Often derided for
not caring about safety (railroad accidents were common
affairs up until the end of World War I), the Pennsylvania
Railroad was soon the subject of admiring articles citing
the company's concern for safety.
While the first press release was a success, it took a few
years for the concept to catch on. Lee himself found out how
fickle the media can be when a year later he issued press
releases on behalf of striking coal miners. The media
accused Lee and the miners of trying to trick the public
into believing that "advertisements" were news stories.
The basic premise of the press release has changed little
over the past century. Press releases are still used as
information delivery mechanisms. The very words "press
release" bestow authenticity because the information is
coming directly from the source. How press releases are
utilized has changed, however.
"[The press release] has become devalued," Glen Broom,
professor emeritus of public relations at San Diego State
University, told American Heritage magazine recently. "Many
press releases are not even written for the press, they're
written to please some client or boss. So-and-so's son or
granddaughter gets promoted to vice president, a press
release goes out, it never has a chance of getting used, but
it pleases the client."
Bloom, I'm sure we can all agree, is correct. Press releases
are abused by many companies and clients, seen as a way to
reward individuals or simply to deliver information that is
not necessarily newsworthy to the public, but compelling
only to the company or client itself. Many press releases
are vague or confusing, and others are so ineffective that
the money would be better spent on an advertisement.
Make no mistake, the press release is still an immensely
valuable tool. Thanks to the Internet, consumers now have
direct access to press releases. Investors, for example,
rely heavily on press releases, often expressing disbelief
about reports on their investments until the company itself
makes a public announcement via a press release.
A good example of this occurred recently when firearms maker
Sturm, Ruger & Co. Inc. reported financial results. The
company filed the necessary paperwork with the Securities
and Exchange Commission, and a press release went out via
financial services such as Bloomberg. The release, however,
never made it onto a wire, leaving investors wondering if
the company had actually announced its operating
performance. Over a week later, investors are still
scratching their heads because a press release was never
apparently issued.
These days, the keys to a successful press release are
simple:
1) The release should contain relevant information, either
for the public or the media. Why spend the money on a
release if no one is going to care about it?
2) The release should be targeted appropriately. Simply
putting a release on the wire is not enough because you're
relying on people to actually find the release or be looking
for it. Once issued, the proper media outlets and/or
reporters should be apprised of the release's issuance.
3) Press releases should be clearly written and leave little
room for basic questions. Yes, you want the media to follow
up on the release, but you also want the media to be able to
write a story based solely on the release itself.
4) Press releases should be timely. No one cares about old
information because it's not newsworthy. Press releases
reiterating old information can also cause confusion.
5) The release should contain contact information. I'm still
amazed by the number of releases that go out without contact
information. To me, that's a slap in the face to the public.
You're willing to issue the release, but you're not willing
to talk about it further?
After one-hundred years, press releases are still an
important tool for public relations people. When utilized
correctly, the press release can open up new avenues of
communication with the media and the public, and kick-start
the process of getting regular media coverage. A good press
release pays for itself 10X on a bad day, and 100X or more
on a good day.
One-hundred years ago, the press release was born. The way
we disseminate, receive and digest information has changed a
lot since then. For all intents and purposes, the basic idea
behind the press release has not. Sometimes, change is not
necessary.
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Ben Silverman is currently the Director of Development and a
Contributing Editor for Indie Research
(http://www.indieresearch.com), an independent investment
research service. Previously, Ben was a business news
columnist for The New York Post and the founder/publisher of
DotcomScoop.com. He can be reached via email at
bensilverman@gmail.com.
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