Cision Releases 2020 State of the Media Report, Revealing the Latest Trends and Challenges Facing the Media Industry

In its eleventh year of the report, Cision surveyed over 3,200 journalists, its largest ever HONG KONG, April 27, 2020 /PRNewswire/ -- Cision released its 2020 State of the Media Report, the company's eleventh annual, which uncovers the latest trends and challenges facing the media industry, and how PR professionals can better work with their journalist counterparts. This year's report is Cision's largest ever, surveying more than 3,200 journalists from 15 countries in North and South America, Europe, and Asia. Download the full report Since the State of the Media survey was initially conducted prior to the declaration of the COVID-19 pandemic, Cision sent a follow-up questionnaire at the end of March to ensure the impact of the crisis was properly reflected in the report. Those results are included in a special COVID-19 section of the report and provides insight into how PR and communications professionals can best support journalists during this time. "For the last 11 years, Cision has produced the State of the Media Report as a way to provide a full and honest picture of what journalists are dealing with at that particular time," said Sarah Parker, Head of Content Marketing at Cision. "While each year brings a set of new challenges, 2020 is obviously an especially difficult one. Our goal is to help strengthen the relationship between PR professionals and the media, so it was crucial to reach back out to understand how journalists are managing these unprecedented times." In addition to how COVID-19 has impacted the media, Cision's 2020 State of the Media Report covers topics including: The challenges facing journalism in 2020 and how reporters measure success Trust and bias in the media Technology's impact on the media landscape How PR professionals can improve their pitches How PR and communications professionals can build stronger relationships with reporters Despite an increasing number of challenges facing journalists, including staffing and resources and mounting workloads, the report reveals several optimistic takeaways, most notably a reported decline on attacks on freedom of the press. Other key findings from the report include: Distrust in the media is decreasing in the eyes of journalists. For the fourth year in a row, respondents reported a decrease in the public's distrust of the media; 59% of respondents felt the public lost trust this year, which is down from 63% in 2019, 71% in 2018 and 91% in 2017. Ensuring accuracy continues to be deemed most crucial: For the second year in a row, 51% of journalists say that ensuring content is 100% accurate is more important than revenue, exclusivity, or being the first to publish. Especially in the age of COVID-19, it's become increasingly crucial to ensure that content is as accurate as possible. Social media algorithms are ranked the most important new technology impacting journalists today, while the heady promise of AI continues to fade. 41% of journalists agreed that social media algorithms will change the way they work the most, up from 38% in 2019. Only 15% of respondents see AI/machine learning as the most important technology to affect the industry. This is down from 19% in 2019. All coverage is now being looked at through the lens of COVID-19. Journalists also reported looking for more optimistic, human stories in response to the current news cycle. The report is now available in the US, and will be available internationally in the coming weeks. Read the full Cision 2020 State of the Media Report Cision will also host a livestream event on April 28th with a panel of journalists to discuss the State of the Media findings in further detail. The expert panel will include reporters from TechCrunch, The Toronto Star and Yahoo Finance. Learn more and register for the livestream. Methodology Cision conducted its 2020 State of the Media Survey between January 28 and February 20, 2020. Surveys were emailed to Cision Media Database members, which are vetted by the company's media research team to verify their positions as media professionals, influencers and bloggers. The COVID-19 special section was put together from a separate email campaign sent between March 25 and March 30, 2020. This year's survey collected 3,253 total responses from across the media spectrum and in 15 different countries. About Cision Cision Ltd. is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 24 countries throughout the Americas, EMEA, and APAC. For more information about Cision's award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. To support PR and communications professionals during this difficult time, Cision has compiled these free COVID-19 PR resources. Media Contact: Karine Siu Regional Marketing Manager asia.marketing@prnasia.com +852-2572-8228 View original content: http://www.prnewswire.com/news-releases/cision-releases-2020-state-of-the-media-report-revealing-the-latest-trends-and-challenges-facing-the-media-industry-301044585.html Photo - https://photos.prnasia.com/prnh/20200424/2785784-1-a?lang=0 Photo - https://photos.prnasia.com/prnh/20200424/2785784-1-b?lang=0 Photo - https://photos.prnasia.com/prnh/20200424/2785784-1-c?lang=0 Logo - https://photos.prnasia.com/prnh/20180117/2034361-1LOGO?lang=0 Source: Cision Related Links: http://www.cision.com

2020-04-27 09:31

Cision Announces Podcast Monitoring in Its Next Generation Communications Cloud

CHICAGO, March 3, 2020 /PRNewswire/ -- Cision announced an expansion of its partnership with TVEyes as of February 1, 2020, making it possible for Cision clients to monitor podcast mentions of their brands, competitors, products, and people. Communications professionals can now track earned media mentions in key podcasts and tie this coverage back to business results with fast, detailed earned media analysis. Podcast monitoring powered by TVEyes is available as part of Cision's Broadcast Monitoring in the Next Generation Cision Communications Cloud, which launched in the U.S. and Canada last year. "Cision is constantly evolving to bring our clients best-in-class features, and partnering with TVEyes is an exciting way to expand how PR and communications professionals track the entire scope of their media coverage," said Brendon O'Donovan, Cision's Head of Global Product Marketing. "Podcasts are one of the fastest-growing media platforms today, with 25% of the American population listening to them weekly. The addition of podcasts on February 1 to Cision's global monitoring of online, social and traditional media, will allow communicators to track their brand with more depth." Through the partnership with TVEyes, Cision customers can now pinpoint brand mentions across 25,000+ top ranking podcasts, including shows from the leading podcast publishers such as NPR, iHeartRadio and ESPN. These podcasts have been added to Cision's industry-leading content network of 7 million+ sources for global online news, blogs, social, print and broadcast. "We continue to invest significantly in our core broadcast service, and in new product offerings such as our podcast monitoring service. Cision customers will now be able to search and discover new podcast episodes available daily across almost 20 categories and over 15 languages," added David Ives, CEO of TVEyes. "Podcasts are shifting the media landscape, exploding in popularity and giving rise to new sources of information for consumers. We are excited to make this innovative new service available to Cision's customers." Podcast monitoring has been available for clients in the United States and Canada since early February, and will soon be available globally. To learn more, please visit www.cision.com. About Cision Cision Ltd. is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. About TVEyes TVEyes Inc., headquartered in Fairfield, Conn., provides a subscription-based service for online, near real-time search of television and radio broadcasts, and podcasts, as well as infrastructure for search engines, business intelligence and media intelligence platforms. Its Media Monitoring Suite™ is in use by corporations, professional sports teams, political campaigns, elected officials and the military to provide up-to-the-second intelligence on broadcast in multiple languages for US and international markets. More information on TVEyes can be found at tveyes.com. Media Contacts Cision Rebecca Dersh cisionpr@cision.com TVEyes Susan Aitkin saitkin@tveyes.com Logo - https://photos.prnasia.com/prnh/20200302/2735201-1?lang=0 Source: Cision Ltd. Related Links: http://www.cision.com

2020-03-03 14:55

Cision And PRWeek Announce The Earned Media Rising Exchange, An Event Series For PR And Communications Professionals

CHICAGO, Feb. 20, 2020 /PRNewswire/ -- Today Cision and PRWeek announced they will host a new series together, The Earned Media Rising Exchange, focused on the importance of earned media and marcomm trends for 2020 and beyond. The invitation-only series will take place this February and March in London, New York, and San Francisco. Each event will feature leading media and communication executives discussing 2020 content trends and how to best integrate media throughout their PR and marketing campaigns. "As part of PRWeek's continued partnership with Cision, now in its third year, I am absolutely delighted with this year's addition of the Earned Media Rising Exchange to our program," said Gideon Fidelzeid, Managing Editor of PRWeek. "Headlined by amazing keynotes and panelists, those in attendance will be privy to a terrific opportunity to network and learn about the latest media trends and tactics from pre-eminent experts in comms and media." Topics discussed will include: Key trends and issues in the media landscape Crafting stories that stand out in a modern media environment Making the most of your media partners The continuing role of traditional media    Each Earned Media Rising Exchange event will feature a keynote presentation and panel session of communications leaders from organizations like IBM, PwC, Bacardi, and Kimpton Hotels and Restaurants. The keynote presentations will be given by: Mike Federle, CEO, Forbes Audrey Cooper, Editor-in-Chief, The San Francisco Chronicle James Wildman, CEO, Hearst U.K. and President, Hearst Europe In addition, attendees will have the opportunity to network with industry peers from Fortune 1000 companies. "Cision continues to look for opportunities that will provide real value to our clients, and we are confident that The Earned Media Rising Exchange series will do just that, in large part due to our incredible speakers," said Mary-Morgan Culver, Cision's Director of Global Event and Field Marketing. "We look forward to taking part in the thoughtful and productive conversations about the state of the industry and the solutions that are proving to be most beneficial in our evolving media landscape." To request an invitation to an Earned Media Rising Exchange event, please email Marisa Hernandez at marisa.hernandez@cision.com. About Cision Cision Ltd is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. About PRWeek PRWeek epitomizes the modern business publishing brand, spanning online, print, events, and social media, incorporating a paid-for content strategy and gated website. Launched in November 1998, it is the essential title for PR pros. PRWeek reflects an industry playing a more pivotal role than ever, not only in the marketing strategies of companies, brands, and organizations, but also within boardrooms and in the C-suite. In the transparent world epitomized by social media, corporate reputation is crucial. Executives need timely, authoritative, insightful content to navigate this landscape — that's where PRWeek comes in. Breaking news, analysis, and opinion fuels PRWeek's content. And the brand extends into the iconic PRWeek Awards, annual conferences, roundtables, webcasts, and virtual forums. For more, visit prweek.com. Media Contacts:  Cision: Rebecca Dersh PR Manager cisionpr@cision.com PRWeek: Gideon Fidelzeid Managing Editor gideon.fidelzeid@prweek.com   View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-and-prweek-announce-the-earned-media-rising-exchange-an-event-series-for-pr-and-communications-professionals-301004967.html SOURCE Cision Ltd.

2020-02-20 16:14

Call For Entries: PR Newswire Vietnam Launches National PR & Communications Awards

HO CHI MINH CITY, Vietnam, Feb. 3, 2020 /PRNewswire/ -- PR Newswire, the leading global provider of news distribution and earned media software and services, is proud to present the inaugural National PR & Communications Awards in Vietnam. Call For Entries: PR Newswire Vietnam Launches National PR & Communications Awards The awards celebrate the year's outstanding communications programs and recognize trailblazers in the country's fast-growing public relations industry. The winners will be announced at a ceremony in Ho Chi Minh City on April 13. Organized by PR Newswire Vietnam, the National PR & Communications Awards are open to all organisations and agencies. Spanning ten categories, the awards cover a broad spectrum of disciplines in the public relations and communications field. The award categories are: Multimedia Communications Award Content & Storytelling Award  Corporate Social Responsibility (CSR) Communications Award  Global PR Campaign Award Innovation Communications Award  Brand Expansion Award  Vietnam Brand -- Global Impact Award Media Relations Campaign Award  Internal Communications Award Crisis & Issue Management Award The National PR & Communications Awards is poised to become a leading platform for the recognition of PR professionals in Vietnam, covering initiatives by an extensive range of local and international companies. The awards aim to affirm and promote best practices in Vietnam's dynamic public relations industry. As one of the top emerging economies in South-east Asia, Vietnam has seen strong economic expansion fuelled by its transformation into a global manufacturing hub and robust foreign direct investment. These developments have encouraged more home-grown companies to build up their brand presence locally and expand overseas in recent years. Globally, more international companies are also targeting the Vietnamese market. These business trends have led to a thriving demand for more diversified and sophisticated communications services in the country. Mai Anh Le, Country Manager of PR Newswire Vietnam, said: "Over the past two years, we have seen more companies in Vietnam shift their focus from paid to earned media. Securing coverage by third-party media outlets has added credibility to their campaigns and content. With the National PR & Communications Awards, we hope to showcase campaigns that have impacted audiences and foster a vibrant public relations community in Vietnam." Nationwide call for nominations The call for nominations will start from February 3. Applicants can submit online forms for the respective categories here. Submissions will close on March 25. Entries will be shortlisted before the nomination list is revealed on April 13. Shortlisted applicants will be judged by an independent panel of reputable industry leaders and senior communications experts. More details about the panel will be revealed in the coming months. Each entry will be assessed on key criteria that include originality and business impact of campaigns.                                                The finalists and winners will be celebrated at a ceremony and gala dinner at the Sofitel Saigon Plaza in Ho Chi Minh City on April 13. The results will also be announced on PR Newswire's online and social media platforms to a global network of media partners and journalists. Having pioneered the commercial news distribution industry more than 60 years ago, PR Newswire has the world's largest media distribution network, which covers over 300,000 media outlets in more than 170 countries and over 40 languages. In June 2018, PR Newswire expanded its footprint in Asia-Pacific with the opening of an office in Ho Chi Minh City. Since its inception, PR Newswire Vietnam has amassed a robust local distribution network of more than 800 local and international media partners and over 5,700 journalists. PR Newswire has also collaborated with Vietnamese enterprises and conglomerates, from industries such as travel, technology and finance, to share their corporate news to the world. For more information on the award categories and participation process, visit vn.prnasia.com/award/2020/en About PR Newswire PR Newswire, a Cision Company, is a leading global provider of news distribution and earned media software and services.  In conjunction with Cision's cloud-based communications product suite, PR Newswire's services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact. Combining the world's largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions. For further information, please contact: PR Newswire Vietnam vn@prnasia.com  +84-28-6276-8957 Original link: https://en.prnasia.com/releases/apac/call-for-entries-pr-newswire-vietnam-launches-national-pr-communications-awards-271722.shtml

2020-02-04 10:28

Platinum Equity Completes $2.7 Billion Acquisition Of Cision Ltd.

CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision Ltd., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. "Cision is well established as the industry standard platform for communications professionals navigating an increasingly complex environment," said Platinum Equity Chairman and CEO Tom Gores. "This is an investment that plays to Platinum's core strengths. We will deploy our full range of global operations capabilities, financial resources and M&A support to help the company maximize its potential." As of January 31, 2020, Cision is a privately held company. Cision shares ceased trading on the New York Stock Exchange before the open of market today. "As a private company, Cision is well positioned to meet both our financial and business goals," said Kevin Akeroyd, Cision's Chief Executive Officer. "The Cision management team looks forward to partnering with the experienced and talented group of professionals at Platinum Equity. Building on the company's strong platform as a global leader in providing earned media software and services to public relations and marketing communications professionals, our near-term focus will be on improving customer experience, delivering innovative products, and increasing operating efficiencies." Commenting on the transaction, Platinum Equity Partner Jacob Kotzubei said: "Cision offers an impressive value proposition built through a combination of innovation, commitment to customer service and the development of a broad suite of solutions. We will continue investing in new product development and additional opportunities to grow the business." Gibson, Dunn & Crutcher LLP acted as M&A legal counsel and Willkie Farr & Gallagher LLP acted as financing legal counsel to Platinum Equity on the Cision acquisition. Rothschild & Co served as lead financial advisor to Cision and its Board of Directors. Centerview Partners LLC and Deutsche Bank Securities Inc. also acted as financial advisors to Cision. Kirkland & Ellis LLP acted as legal counsel to Cision. About Cision Cision Ltd. is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 24 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $19 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 25 years Platinum Equity has completed more than 250 acquisitions. Contacts: Cision Ltd.: Investor Contact: Jack Pearlstein Chief Financial Officer Jack.Pearlstein@cision.com Media Contact: Jenn Deering Davis VP, Communications Jenn.Deering.Davis@cision.com Platinum Equity: Dan Whelan Principal, Platinum Equity dwhelan@platinumequity.com   View original content to download multimedia:http://www.prnewswire.com/news-releases/platinum-equity-completes-2-7-billion-acquisition-of-cision-ltd-300997002.html SOURCE Cision Ltd.; Cision

2020-01-31 09:32

PR Newswire Strengthens its Presence in Asia-Pacific with new Japanese Website

TOKYO, Jan. 29, 2020 /PRNewswire/ -- PR Newswire, the leading global provider of news distribution and earned media software and services, has launched a new version of the Japanese website. The new website (jp.prnasia.com) enables Japanese businesses to better leverage on PR Newswire's suite of communications services, and connects global companies with the Japanese market. The website is dedicated to providing communicators with valuable resources to navigate a changing media landscape and equipping journalists with the latest industry news. The mobile friendly-site gives users an intuitive experience that makes finding information and planning campaigns easier. The launch is in tandem with the PR Newswire's expanding business in Japan. The growing list of local and global clients ranges from multinational companies, government agencies to start-ups, and they come from industries such as tourism, hospitality and technology. The increasing globalisation of Japanese companies has accentuated the importance of reaching out to an international audience through PR Newswire's comprehensive media network. Besides a thriving demand from the local market, the company has seen growing interest among global clients, who are expanding into Japan. The new Japanese website is a resourceful platform for international companies to cultivate meaningful relationships with the Japanese media and gain insights into Japan's business landscape.  "With more Japanese businesses taking a globalised approach to communications and more international companies making inroads into Japan, there's an increased emphasis on proactive news distribution, brand monitoring and engagement," said Royce Shih, Asia-Pacific Vice President, Sales and Marketing of PR Newswire. "By continuing to invest and expand our network and platforms, we hope to show our commitment to evolving with our clients and their stories." PR Newswire is committed to bolstering its footprint in Asia-Pacific. Over the past year, the company has introduced the latest offerings from Cision that provide clients end-to-end communications solutions. This includes Falcon, a social media management tool, Cision Impact, which measures the impact of earned media coverage, and Cision Insights, which provides intelligence on the media landscape and brand reputation. With 14 offices in the APAC, PR Newswire has expanded its press release distribution network in the region. It covers more than 35,000 media outlets, over 100,000 journalists and influencers and in nine languages. For more information, please visit jp.prnasia.com. About PR Newswire PR Newswire, a Cision Company, is a leading global provider of news distribution and earned media software and services. In conjunction with Cision's cloud-based communications product suite, PR Newswire's services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact. Combining the world's largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions. View original content: https://en.prnasia.com/releases/apac/pr-newswire-strengthens-its-presence-in-asia-pacific-with-new-japanese-website-271455.shtml

2020-01-29 10:54

Kringle Industries Partners With Cision To Spread Holiday Cheer

CHICAGO, Dec. 19, 2019 /PRNewswire/ -- Cision today released a holly jolly case study exploring their work with client Kringle Industries - the world's leading provider in holiday spirit to kids from 1 to 92. Kringle Industries, who has been bringing toys and joys to children all over the world for hundreds of years, suspected a recent decline in public sentiment towards their CEO (Chief Elf Officer), Santa Claus. Unfortunately, their only means of measuring Santa-ment was the centuries-old Clausometer, which runs on Christmas spirit. The communications team at Kringle decided it was time to adopt a more modern monitoring and analytics solution to determine the true state of their brand and form a plan of action going forward.   Kringle Industries turned to the power of the Cision Communications Cloud to learn more about how public Santa-ment toward Santa was actually trending. With Cision's social and earned media monitoring capabilities, Kringle was able to generate detailed reports on declining global perception of Santa and holiday cheer, helping the team of PR elves truly understand the context of those conversations and develop a response. "An elf is always up for a challenge!" explained Penny Sprinkle, Head Public Relations Elf at Kringle Industries. "The Clausometer is a dear antique, but it's simply not up to measuring cutting-edge stats like share of voice across media or tapping into influencers who can help spread our message of holiday spirit." Sprinkle knew her team needed a compelling story to stand out and engaged in an integrated marketing campaign blitz(en). First, they commissioned a third-party research study that found that children who received presents from Santa in 2018 were happier, scored higher on standardized tests, and listened to their parents better than children who did not receive presents from Santa. To promote the study's findings, Kringle PR elves:     Pushed out a variety of paid and owned media, including a fully optimized press release and PDF of the full report     Engaged in outreach promoting the study to a set of carefully chosen media publications and social media influencers that would resonate with their target audiences     Used Cision Impact to retarget relevant audiences who had consumed earned media about other holiday topics, including Black Friday, seasonal recipes, and the year's hottest toys "Kringle Industries is a family business that has been around for many centuries. We stand the test of time because we constantly innovate and embrace new technologies in all facets of our organization – you should see our state-of-the-art toy workshop – which is why our PR elves ho-ho-honed in on the Cision Communications Cloud," said Sprinkle.   For more on how Santa's PR team got holiday spirit back on track with Cision, including the results of their integrated marketing campaign, read the full case study here. ABOUT KRINGLE INDUSTRIES   Kringle Industries is the world's leading provider in holiday joy to children of all ages. Backed by passionate elves and supporters across the magical world, we're challenging the way people think about Santa, working to keep age-old traditions alive in an increasingly distracted modern world. We believe that holiday joy can and will deliver life-shaping moments every child can carry in their hearts all through the year, and hopefully years to come. Kringle Industries exists to make this happen and with your support, we'll make those memorable moments possible. Visit your sugarplum dreams to learn more.   ABOUT CISION   Cision Ltd. (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,500 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision.   Media Contact: Rebecca Dersh PR Manager and Elf-In-Training cisionpr@cision.com View original content to download multimedia:http://www.prnewswire.com/news-releases/kringle-industries-partners-with-cision-to-spread-holiday-cheer-300977740.html SOURCE Cision

2019-12-19 16:50

Top Nine Highlights from PR Newswire's Annual Communications Forum 2019

Top Nine Highlights from PR Newswire's Annual Communications Forum 2019  English Asia-Pacific Communications Trends, Challenges and the Evolving Role of PR SHENZHEN, China, Dec. 19, 2019 /PRNewswire/ -- PR Newswire's Communications Forum 2019 was held on December 18 in Shenzhen, China. As the premier global provider of news distribution and media monitoring services, PR Newswire has compiled a list of highlights from this event so that PR and communications professionals can stay updated with the latest communications trends and understand how Asia-Pacific practitioners are evolving in response to these communication challenges.  Below are the top nine highlights from our stellar line-up of speakers and panelists from The Wall Street Journal, Holmes Report, Bloomberg, Microsoft, ZTE Corporation, Trip.com Group, Tencent, and Ogilvy: Highlight #1 "Earned media will grow in relevance." In the opening speech, Yujie Chen, President, Asia-Pacific, PR Newswire, noted that due to the rise in fake or invalid traffic, paid media started to reach a bottleneck in 2019. Therefore, earned media is set to rise again as a better channel for communication despite the fact it has long been ignored. In 2019, earned media accounted for just 0.5% of total PR spend, compared to 95% for paid and 4.5% for owned.  Yujie Chen, President, Asia-Pacific, PR Newswire Highlight #2 "Fake news has been weaponised." Arun Sudhaman, CEO and Editor-in-Chief, Holmes Report, spoke on the cluttered media environment and the growing need for PR pros to be more proactive in being a force for good by providing real creativity to media and audiences. He added, it is incumbent on the public relations industry to reject the temptation of using social platforms to deploy false narratives and to combat it by providing unique, authentic content with value. Highlight #3 "The secret to building a premium brand is awareness." Presenting the APAC Comms Report, Lynn Liu, Head of Audience Development, PR Newswire, mentioned that 59% of businesses prioritise enhancing their branding over sales conversion metrics. He believes conversion is not a stream without a source. The source is your brand. To establish a premium brand is to deliver higher product value, not just in terms of product, but brand image as well. Raising individual awareness and enticing audiences to change their behaviour is a long process. However, its influence on sales and long-term growth cannot be ignored.  Lynn Liu, Head of Audience Development, PR Newswire Highlight #4 "Never forget, the internet is a visual place." During her speech, Alyssa McDonald, Managing Editor, Asia Digital, Bloomberg, emphasised that the internet is a visual place, and that includes images, video, and recorded interviews. Even audio is more important than ever. She suggests thinking about how your company fits into a bigger narrative. For example, what does your pitch have to say about climate change or technology? And don't forget to tailor your pitches.  One of the critical media themes that emerged during the event was a topic on most people's minds: "Who will be the next China?" This is a question is being asked by the media as Asia-Pacific countries continue to develop at a rapid pace. Other topics on the media's minds include US-China trade, Chinese prosperity and global aspirations, climate change, global economy; U.S Recession, emerging technologies, U.S elections and the Olympics.  Alyssa McDonald, Managing Editor, Asia Digital, Bloomberg Highlight #5 "Video, narrative and storytelling matters." Rong Shang, Communications & Public Affairs Vice President, Microsoft, revealed that in the digital era, 82% of content consumed now is video. But this is the 4G era, and with 5G coming soon, this may change. Yet, while we do not know what content will be most popular in the 2020s, we know that whatever form the content takes, narrative and storytelling will remain relevant.  Rong Shang, Communications & Public Affairs Vice President, Microsoft Highlight #6 "Influencing through peers is critical to winning trust." Influencing through peers is critical to winning trust in international markets, said Dai Shu, VP & GM of Branding, ZTE Corporation. In many international markets, local media are perceived as peers. Therefore, the role of earned media is critical for businesses that are seeking to go global. Dai Shu, VP & GM of Branding, ZTE Corporation Highlight #7 "Gaining international exposure remains a challenge." Leah Wang, Head of International Affairs, shared Trip.com's experience of going global and how they gained international exposure. Engaging local partners, Trip.com grew organic exposure through customised and localised content that raised awareness of their brand across digital, traditional and industry media. These channels helped Trip.com to extend their reach and grow their audience.  Leah Wang, Head of International Affairs, Trip.com Highlight #8 "An open relationship with audiences is key to going global." OnePlus was born global, with international team members right from the beginning, said Lyndon Cao, Senior Director of Marketing, OnePlus. Businesses seeking to go global need to get the big things right before going into detail. He mentioned two other tips: 1) Act with integrity and honesty to deliver your brand promise. 2) Create an open relationship with users and co-create new, better products. Lyndon Cao, Senior Director of Marketing, OnePlus Highlight #9 "Software consolidation is a growing trend." Content is still king - but the industry tool stack isn't - Ulrik Larsen, President, Cision Social, remarked on the growing need and trend towards software consolidation to improve communications across the entire lifecycle. He believes that as these services become more consolidated, so too will job roles.  Ulrik Larsen, President, Cision Social About PR Newswire  PR Newswire, a Cision Ltd. company (NYSE: CISN), is a leading global provider of news distribution and earned media software and services. In conjunction with Cision's cloud-communications product suite, PR Newswire's services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact. Combining the world's largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organisations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions.    Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-a?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-b?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-c?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-d?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-e?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-f?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-g?lang=0 Photo - https://photos.prnasia.com/prnh/20191218/2675189-1-h?lang=0 Logo - https://photos.prnasia.com/prnh/20191218/2675189-1-logo?lang=0

2019-12-19 15:59

Falcon.io Releases 2020 Digital Marketing Trends Handbook, Exploring Trends That Will Shape the Future of Digital and Social Media

Falcon.io Releases 2020 Digital Marketing Trends Handbook, Exploring Trends That Will Shape the Future of Digital and Social Media   NEWS PROVIDED BY Falcon.io; Cision  Dec 16, 2019, 08:00 ET SHARE THIS ARTICLE CHICAGO, Dec. 16, 2019 /PRNewswire/ -- Falcon.io, a Cision company, has released the latest edition of its annual Digital Marketing Trends Handbook. This is the fourth edition of the handbook, which lists the 15 trends most likely to affect marketers in 2020. The trends are based on industry research, Falcon.io's expertise, as well as input from customers, partners and influencers.  While the trends vary, they all represent both the challenges and opportunities for digital marketers in 2020 and beyond. Some of the topics explored include: (PRNewsfoto/Cision,Falcon.io) How private messaging apps are taking over customer service The latest evolution of social media advertising How the demand for authenticity is changing influencer marketing "The sheer volume of digital and social media formats now available can be overwhelming, and digital marketers are working in an industry that's changing every day," explained Rachel Kador, Content Marketing Specialist at Falcon.io. "Added to which, marketers have to also contend with how quickly customer behavior is changing." "To succeed in today's landscape, it's crucial that marketers stay knowledgeable about not only current trends, but what to prepare for in the future." Falcon.io will host a webinar addressing the social media trends covered in the 2020 Digital Marketing Trends Handbook on January 23rd. The webinar will be co-hosted by social media consultant and influencer Matt Navarra. Registration for the webinar can be found here.   In addition, the handbook will form the basis of a Roadshow to take place in selected cities around the world, beginning in January 2020. Each session will cover the key trends with ample room for discussion and knowledge-sharing. "The Roadshow will provide us with the opportunity to connect even more closely with our peers, and discuss how marketers all over the world are approaching similar challenges," said Kador. Roadshow locations and agenda to be announced soon on www.Falcon.io. To download and read the full 2020 Digital Marketing Trends Handbook, click here. About Falcon.io Falcon.io offers an integrated SaaS platform for social media listening, engaging, publishing, advertising, analytics and benchmarking. The company enables its clients to explore the full potential of digital marketing by managing multiple customer touchpoints from one platform. Its client portfolio includes Carlsberg, Toyota, William Grant & Sons, momondo, Panasonic and Coca-Cola. About Cision Cision Ltd (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. Media Contact: Rebecca Dersh PR Manager, Cision cisionpr@cision.com SOURCE Falcon.io; Cision Related Links http://www.cision.com

2019-12-16 16:46

Cision PR Newswire's Beyond Bylines Blog Featured in Feedspot's List of Top Journalism Blogs

CHICAGO, Dec. 10, 2019 /PRNewswire/ -- PR Newswire for Journalists' Beyond Bylines blog has been included in Feedspot's annual list of the "Top 50 Journalism Blogs & Websites For Journalists." This is Beyond Bylines' third appearance on the list; the site moved up to the No. 12 spot from No. 17 in 2018. Beyond Bylines covers the intersection of journalism, emerging media and blogging. Articles keep readers up-to-date on the latest industry news, blog profiles, and industry conferences. The blog also publishes timely feature content, as well as a selection of real-time headlines from PR Newswire. Visit the Beyond Bylines blog: https://mediablog.prnewswire.com/ "It's an honor to be included in this list of prestigious publications that we have such respect for," said Raquela Chiado, manager of audience relations at Cision. "I'm incredibly proud of our team of writers for creating consistently strong work. The media industry is constantly evolving, and we strive to make our blog a trusted source of the latest developments and trends in the industry. We look forward to another year of publishing unique and helpful content for journalists and bloggers in 2020." Feedspot ranks the best journalism blogs by relevancy, social engagement, domain authority, web traffic, freshness and social metrics. Feedspot encourages readers to subscribe to these websites that are actively working to "educate, inspire and empower their readers with frequent updates and high-quality information."  Other publications featured in Feedspot's Top 50 list include Nieman Journalism Lab, Columbia Journalism Review, and The New York Times' Lens Blog.  The entire list can be found here: https://blog.feedspot.com/journalism_blogs/ About Cision   Cision Ltd. (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision distribution by PR Newswire empowers communicators to identify and engage with key influencers, craft and distribute meaningful stories, and measure the financial impact of their efforts. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 19 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision.  Media Contact:  Rebecca Dersh  PR Manager  cisionpr@cision.com     View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-pr-newswires-beyond-bylines-blog-featured-in-feedspots-list-of-top-journalism-blogs-300970820.html SOURCE Cision

2019-12-10 16:49

Cision Releases 'Choose Your Own PR Adventure', An Interactive, Digital Game for Communicators

CHICAGO, Dec. 10, 2019 /PRNewswire/ -- Cision (NYSE: CISN), a leading global provider of earned media software and services, today released Choose Your Own PR Adventure, a digital game featured on Cision.com. The game was built in-house by Cision's own marketing and design teams and was created with communications professionals in mind. Choose Your Own PR Adventure gives players a variety of common PR scenarios to navigate through, including: Creating a successful pitch from start to finish Finding the right influencer Managing leaked news Generating a report on PR performance Understanding your competitors Users can choose to experience the game via three different career options – PR Manager, Chief Marketing Officer or Digital Marketer – each designed with that job's responsibilities in mind. "Working so closely with clients, Cision has very unique insight into the real-life challenges that PR and communications professionals face every day," said Jenn Deering Davis, Cision's Vice President of Global Comms, Content and Brand. "As always, it was important to our team that we create interactive content that was fun for users to engage with, but that would also provide them with real value and tools." This is the first game of its kind that Cision has produced. There is no cost to play the game, and it is available to anyone in the United States. To play Choose Your Own PR Adventure, click here. About Cision Cision Ltd (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. Media Contact Rebecca Dersh PR Manager, Cision cisionpr@cision.com    View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-releases-choose-your-own-pr-adventure-an-interactive-digital-game-for-communicators-300971771.html SOURCE Cision

2019-12-10 16:48

Cision And PRWeek Release 2019 Global Comms Report: The Path To Progress, Demonstrating The Rise Of Earned Media

On average, 34% of overall media budgets go to earned media, a 1.3x increase over last year CHICAGO, Nov. 19, 2019 /PRNewswire/ -- Cision (NYSE: CISN) and PRWeek today announced the release of their third annual 2019 Global Comms Report: The Path to Progress. The report surveyed more than 500 senior-level PR and marketing professionals in seven countries to uncover recent trends in communications. Among other findings, the 2019 Global Comms Report reveals that increased investments in data and shifts in social media strategy are helping comms teams clearly demonstrate their impact on a company's bottom line. The Path to Progress presents comparative year-on-year data that spotlights key trends shaping the comms discipline – including the finding that earned media is on the rise. 34% of global respondents' overall media budget goes to earned media, up from 26% last year. Looking at U.S. respondents only, earned media's prevalence is even more apparent. Notably more budget goes to earned media (39%) than paid media (31%), which has seen its share growth plateau since 2018 and now sits near owned media, which has 30% of the spend in the U.S. Key takeaways from the report also include: 67% of communicators believe the press release remains a major media communications tool Instagram has grown in significance, with 22% selecting it as their most important social channel, up from 9% last year, passing Twitter and closing in on Facebook in importance 61% focus their engagement efforts on mainstream journalists, an increase over last year 67% feel confident they know how many people are actually reading their content, an increase in confidence in actual reach metrics over last year "At Cision, we recognize the tremendous value of original research in better understanding the challenges and opportunities ahead for our industry," said Jenn Deering Davis, VP of Global Comms, Content and Brand at Cision. "The themes emerging in this year's survey highlight a lot of what our clients and even our own comms team face every day. Among many takeaways, it's particularly interesting to see what this report tells us about the evolving perspectives on influencers and social media, as these tactics become even more mainstream and mature." Among survey results, the 2019 Global Comms Report offers insights into: Noteworthy shifts in both the most impactful influencers and content platforms Evidence that traditional media still carries sway How PR pros are gaining more impact in the C-suite and across the business How effectively PR is deciphering the data it collects Comms' current financial commitment to data and analytics The biggest challenges PR pros face and how they overcome them with data and technology "What excites me most about PRWeek's collaboration with Cision on the third-annual Global Comms Report is how it brings into clear focus the progress the industry has made – both tactically and reputation-wise," said Gideon Fidelzeid, managing editor of PRWeek. "The global data collected by the study does more than just tell a great story in and of itself. It's instructive and serves as counsel to any PR pro seeking a tactical or strategic edge." To read the full 2019 Global Comms Report, click here. For more, join Cision's Jenn Deering Davis and PRWeek's Gideon Fidelzeid on Wednesday, December 11th for a webcast that will transform the report's data into real-world counsel that can be implemented to bolster your earned media management efforts. To register, click here. Survey Methodology: PRWeek partnered with Cision on this survey, which was sent via email to both communications and marketing professionals in seven countries around the world: The U.S., Canada, U.K., France, Germany, Sweden, and China (including Hong Kong). A total of 527 senior-level professionals, from both agencies and in-house, completed the online survey, conducted by Bovitz, between July 11 and August 12, 2019. Results are not weighted and are statistically tested at confidence levels of 90% and 95%. About Cision Cision Ltd (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. About PRWeek PRWeek epitomizes the modern business publishing brand, spanning online, print, events, and social media, incorporating a paid-for content strategy and gated website. Launched  in November 1998, it is the essential title for PR pros. PRWeek reflects an industry playing a more pivotal role than ever, not only in the marketing strategies of companies, brands, and organizations, but also within boardrooms and in the C-suite. In the transparent world epitomized by social media, corporate reputation is crucial. Executives need timely, authoritative, insightful content to navigate this landscape — that's where PRWeek comes in. Breaking news, analysis, and opinion fuels PRWeek's content. And the brand extends into the iconic PRWeek Awards, annual conferences, roundtables, webcasts, and virtual forums. For more, visit prweek.com. Media Contacts:  Cision: Rebecca Dersh PR Manager cisionpr@cision.com PRWeek: Gideon Fidelzeid Managing Editor gideon.fidelzeid@prweek.com View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-and-prweek-release-2019-global-comms-report-the-path-to-progress-demonstrating-the-rise-of-earned-media-300960346.html

2019-11-19 10:08

Cision Reports Third Quarter 2019 Results

CHICAGO, Nov. 7, 2019 /PRNewswire/ -- Cision Ltd. (NYSE: CISN), a leading global provider of earned media software and services to public relations and marketing communications professionals, today reported results for the third quarter ended September 30, 2019. Financial Highlights Third Quarter 2019 Revenue increased 4.7% to $185.7 million Revenue, excluding the impact of purchase accounting, increased 6.7% to $189.4 million Operating income increased 46.3% to $20.6 million Net income was $2.4 million versus a prior year net loss of $6.2 million Adjusted EBITDA was $68.1 million Adjusted net income increased 17.7% to $31.2 million Adjusted net income per share was $0.21 "We are pleased to have delivered another strong quarter of financial results. Our business continues to perform well, with third quarter 2019 organic constant currency revenue growth of 4.7% versus the prior year," said Kevin Akeroyd, Cision's Chief Executive Officer. "We are well positioned for the remainder of 2019 and continue to make solid progress on both our operational priorities and delivering world-class products and services to our public relations and marketing communications customers." Third Quarter Operational Highlights Americas revenues increased 2.8% to $126.1 million EMEA revenues increased 7.8% to $50.2 million APAC revenues increased 15.8% to $9.3 million Conference Call and Webcast Cision will not be holding a conference call to review third quarter 2019 financial results. Merger Agreement On October 22, 2019, Cision Ltd. entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.74 billion. Under the terms of the agreement, which has been unanimously approved by the members of Cision Ltd.'s board of directors, an affiliate of Platinum Equity will acquire all of the outstanding ordinary shares of Cision Ltd. for $10.00 per share in cash. The proposed transaction is expected to close in the first quarter of 2020 and is subject to approval by Cision Ltd.'s shareholders, along with the satisfaction of customary closing conditions and antitrust regulatory approvals, as necessary. Upon completion of the acquisition, Cision Ltd. will become wholly owned by an affiliate of Platinum Equity. Cision Ltd. may solicit alternative acquisition proposals from third parties during a "go-shop" period from the date of the agreement until November 12, 2019. There is no guarantee that this process will result in a superior proposal, and the agreement provides Platinum Equity with a customary right to match a superior proposal and termination fee if a superior proposal is accepted.  Cision Ltd. expects the deal to close in Q1 2020.  Forward-Looking Statements Certain statements in this communication are forward-looking statements, including, without limitation, the statements made concerning the proposed transaction, and are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "aim," "potential," "continue," "ongoing," "goal," "can," "seek," "target" or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. You should read any such forward-looking statements carefully, as they involve a number of risks, uncertainties and assumptions that may cause actual results to differ significantly from those projected or contemplated in any such forward-looking statement. Those risks, uncertainties and assumptions include: (i) the risk that the proposed transaction may not be completed in a timely manner or at all, which may adversely affect the Company's business and the price of the Company's ordinary shares; (ii) the failure to satisfy any of the conditions to the consummation of the proposed transaction, including the authorization of the merger agreement by the Company's shareholders and the receipt of certain regulatory approvals; (iii) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the merger agreement; (iv) the effect of the announcement or pendency of the proposed transaction on the Company's business relationships, operating results and business generally; (v) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the proposed transaction; (vi) risks related to diverting management's attention from the Company's ongoing business operations; (vii) the outcome of any legal proceedings that may be instituted against the Company related to the merger agreement or the proposed transaction, (viii) unexpected costs, charges or expenses resulting from the proposed transaction; (ix) uncertainties as to Platinum Equity's ability to obtain financing in order to consummate the merger; and (x) other risks described in the Company's filings with the SEC, such as its Annual Report on Form 10-K for the year ended December 31, 2018. Forward-looking statements speak only as of the date of this communication or the date of any document incorporated by reference in this document. Except as required by applicable law or regulation, the Company does not assume any obligation to update any such forward-looking statements whether as the result of new developments or otherwise. Additional Information and Where to Find It In connection with the proposed transaction, the Company will file with the Securities and Exchange Commission (the "SEC") and furnish to the Company's shareholders a proxy statement. BEFORE MAKING ANY VOTING DECISION, THE COMPANY'S SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT (IF ANY) BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. Investors and shareholders may obtain a free copy of documents filed by the Company with the SEC at the SEC's website at http://www.sec.gov. In addition, investors and shareholders may obtain a free copy of the Company's filings with the SEC from the Company's website at http://investors.cision.com or by directing a written request to: Cision Ltd., Attn: Secretary, 130 E. Randolph St., 7th Floor, Chicago, IL 60601. Participants in the Solicitation The Company and certain of its directors, executive officers, and certain other members of management and employees of the Company may be deemed to be participants in the solicitation of proxies from shareholders of the Company in favor of the proposed merger. Information about directors and executive officers of the Company is set forth in the proxy statement for Cision's 2019 annual general meeting of shareholders, as filed with the SEC on Schedule 14A on August 9, 2019. Additional information regarding the interests of these individuals and other persons who may be deemed to be participants in the solicitation will be included in the proxy statement with respect to the merger that the Company will file with the SEC and furnish to the Company's shareholders. About Cision Cision Ltd. (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision.   Cision Ltd. and its Subsidiaries Condensed Consolidated Balance Sheets (in thousands, except per share and share amounts) (Unaudited)     September 30, 2019   December 31, 2018 Assets       Current assets:         Cash and cash equivalents $                     94,929   $                104,769   Accounts receivable, net 126,975   120,882   Prepaid expenses and other current assets 38,897   22,824         Total current assets   260,801   248,475 Property and equipment, net 62,788   57,210 Other intangible assets, net 376,860   377,146 Goodwill 1,411,646   1,171,859 Operating lease right-of-use assets 59,993   - Deferred tax asset 4,123   4,034 Other assets 9,296   7,652         Total assets   $                2,185,507   $            1,866,376 Liabilities and Stockholders' Equity       Current liabilities:         Current portion of long-term debt $                     13,881   $                  13,210   Accounts payable 12,867   15,603   Accrued compensation and benefits 35,057   29,323   Operating lease liabilities 14,139   -   Other accrued expenses 61,820   82,507   Current portion of deferred revenue 161,848   139,725         Total current liabilities   299,612   280,368 Long-term debt, net of current portion 1,261,926   1,205,760 Deferred revenue, net of current portion 968   1,098 Operating lease liabilities, net of current portion 59,514   - Deferred tax liability 74,062   69,232 Other liabilities 9,986   21,601         Total liabilities   1,706,068   1,578,059 Commitments and contingencies       Stockholders' equity:         Preferred stock, $0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding at September 30, 2019 and December 31, 2018         -   -   Common stock, $0.0001 par value, 480,000,000 shares authorized; 148,478,535 and 132,716,541 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively         15   13   Additional paid-in capital 988,364   797,222   Accumulated other comprehensive loss (75,204)   (68,941)   Accumulated deficit (433,736)   (439,977)         Total stockholders' equity   479,439   288,317         Total liabilities and stockholders' equity   $                2,185,507   $            1,866,376   Cision Ltd. and its Subsidiaries Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands, except for per share amounts) (Unaudited)         Three months ended September 30,    Nine months ended September 30,        2019   2018   2019   2018 Revenue $                        185,653   $                        177,236   $                   561,953   $                  544,004 Cost of revenue 63,408   69,177   198,240   200,212     Gross Profit 122,245   108,059   363,713   343,792                     Operating costs and expenses:                 Sales and marketing 30,708   27,503   96,370   85,630   Research and development 7,153   7,292   23,021   22,282   General and administrative 44,988   39,002   142,464   126,762   Amortization of intangible assets 18,770   20,167   56,444   60,681     Total operating costs and expenses 101,619   93,964   318,299   295,355     Operating income 20,626   14,095   45,414   48,437                     Non operating income (expense):                 Foreign exchange gains 8,062   2,196   5,918   10,277   Interest and other income, net 279   380   840   472   Gain on sale of business -   -   28,144   -   Interest expense (18,209)   (19,785)   (56,392)   (59,947)   Loss on extinguishment of debt -   -   (355)   (2,432)     Total non operating loss (9,868)   (17,209)   (21,845)   (51,630)     Income (loss) before income taxes 10,758   (3,114)   23,569   (3,193) Provision for income taxes 8,393   3,070   17,328   10,016     Net income (loss) $                           2,365   $                          (6,184)   $                       6,241   $                  (13,209) Other comprehensive loss-                  foreign currency translation adjustments (12,169)   (2,479)   (6,263)   (20,796)     Comprehensive loss $                          (9,804)   $                          (8,663)   $                           (22)   $                  (34,005)                     Net income (loss) per share:                 Basic $                              0.02   $                            (0.05)   $                         0.04   $                      (0.10)   Diluted $                              0.02   $                            (0.05)   $                         0.04   $                      (0.10) Weighted average shares outstanding used                 in computing per share amounts:                 Basic 148,131,135   131,104,859   147,215,180   127,507,314   Diluted 148,520,974   131,104,859   147,257,092   127,507,314   Cision Ltd. and its Subsidiaries Condensed Consolidated Statements of Cash Flows (in thousands) (Unaudited)           Nine months ended September 30,          2019   2018 Cash flows from operating activities       Net income (loss) $                     6,241   $                 (13,209) Adjustments to reconcile net income (loss) to net cash provided by operating activities:         Depreciation and amortization 93,709   100,186   Non-cash interest charges and amortization of debt discount and deferred financing costs 7,426   10,158   Equity-based compensation expense 8,206   3,713   Provision for doubtful accounts 4,579   3,972   Deferred income taxes (332)   3,437   Unrealized currency translation gains  (6,528)   (10,338)   Gain on sale of business (28,144)   -   Payment of contingent consideration (4,296)   -   Other -   86   Changes in operating assets and liabilities, net of effects of acquisitions and disposal:           Accounts receivable 609   967     Prepaid expenses and other current assets  (7,568)   (848)     Other assets  (976)   (726)     Accounts payable (4,889)   (1,721)     Accrued compensation and benefits 3,229   (321)     Other accrued expenses (16,944)   (7,320)     Deferred revenue 11,658   1,767     Other liabilities and net change in operating leases 1,488   (14)       Net cash provided by operating activities 67,468   89,789               Cash flows from investing activities       Purchases of property and equipment (8,774)   (10,325) Software development costs (22,531)   (12,026) Acquisitions of businesses, net of cash and restricted cash acquired of $6,068 and $2,711 (148,541)   (66,463) Proceeds from disposal of business 44,865   - Other   23   5       Net cash used in investing activities (134,958)   (88,809)               Cash flows from financing activities       Proceeds from revolving credit facility 40,000   - Repayment of revolving credit facility (40,000)   - Proceeds from term credit facility, net of debt discount of $1,013 73,987   - Repayments of term credit facility (10,471)   (59,989) Payments of deferred financing costs (1,619)   (294) Proceeds from the exercise of stock options 552   - Payment of contingent consideration (3,695)   (2,873)       Net cash provided by (used in) financing activities 58,754   (63,156) Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,104)   (2,286)       Decrease in cash, cash equivalents and restricted cash (9,840)   (64,462)               Cash, cash equivalents and restricted cash       Beginning of period 104,769   148,654 End of the period $                   94,929   $                  84,192 Use of Non-GAAP Financial Measures Non-GAAP results are presented only as a supplement to our financial statements based on US generally accepted accounting principles (GAAP). Non-GAAP financial information is provided to enhance the reader's understanding of our financial performance, but none of these non-GAAP financial measures are recognized terms under GAAP, and non-GAAP measures should not be considered in isolation or as a substitute for financial measures calculated in accordance with GAAP. Reconciliations of the most directly comparable GAAP measures to non-GAAP measures, such as Adjusted EBITDA, and Adjusted net income per share, are provided within the schedules attached to this release. We use non-GAAP measures in our operational and financial decision-making, believing that it is useful to exclude certain items in order to focus on what we deem to be a more reliable indicator of ongoing operating performance and our ability to generate cash flow from operations. As a result, internal management reports used during monthly operating reviews include Adjusted EBITDA, and Adjusted net income per share. Additionally, we believe that the presentation of non-GAAP measures provides information that is useful to investors as it indicates, for example, our ability to meet capital expenditures and working capital requirements and otherwise meet our obligations as they become due. Investors are cautioned that non-GAAP financial measures are not a substitute for GAAP disclosures. This communication also includes certain forward-looking non-GAAP financial measures. We are unable to present without unreasonable efforts a reconciliation of forward-looking non-GAAP financial information to the corresponding GAAP financial information because management cannot reliably predict all of the necessary information. Forward-looking non-GAAP financial information is based on numerous assumptions, including assumptions with respect to general business, economic, market, regulatory and financial conditions and various other factors, all of which are difficult to predict and many of which are beyond our control. Accordingly, investors are cautioned not to place undue reliance on this information. Non-GAAP measures are frequently used by securities analysts, investors, and other interested parties in their evaluation of companies comparable to Cision, many of which present non-GAAP measures when reporting their results. These measures can be useful in evaluating our performance against our peer companies because we believe the measures provide users with valuable insight into key components of GAAP financial disclosures. However, non-GAAP measures have limitations as an analytical tool. Non-GAAP measures are not necessarily comparable to similarly titled measures used by other companies. They are not presentations made in accordance with GAAP, are not measures of financial condition or liquidity, and should not be considered as an alternative to profit or loss for the period determined in accordance with GAAP or operating cash flows determined in accordance with GAAP. As a result, you should not consider such performance measures in isolation from, or as a substitute analysis for, results of operations as determined in accordance with GAAP. Cision Ltd. and its Subsidiaries Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA (in millions) (Unaudited)     Three Months Ended September 30,   Nine Months Ended September 30,   2019   2018   Change   2019   2018   Change Net income (loss) $                  2.4   $                (6.2)   $                  8.6   $                  6.3   $              (13.2)   $               19.5 Depreciation and amortization 31.5   33.3   (1.8)   93.7   100.2   (6.5) Interest expense and loss on extinguishment of debt 18.2   19.8   (1.6)   56.7   62.4   (5.7) Income tax 8.4   3.1   5.3   17.4   10.0   7.4 EBITDA (1) 60.5   50.0   10.5   174.1   159.4   14.7 Acquisition and offering-related costs 8.7   12.8   (4.1)   39.1   32.6   6.5 Stock-based compensation 3.6   1.5   2.1   8.2   3.7   4.5 Deferred revenue reduction from purchase accounting 3.7   0.3   3.4   10.6   1.5   9.1 Gain on sale of business -   -   -   (28.1)   -   (28.1) Unrealized translation gain (8.4)   (2.1)   (6.3)   (6.6)   (10.3)   3.7 Adjusted EBITDA (2) $               68.1   $               62.5   $                  5.6   $             197.3   $             186.8   $               10.5   Cision Ltd. and its Subsidiaries Reconciliation of Net Income (Loss) to Adjusted Net Income and Adjusted Net Income per Diluted Share (in millions, except for per share and share amounts) (Unaudited)     Three Months Ended September 30,   Nine Months Ended September 30,   2019   2018   Change   2019   2018   Change Net income (loss) $                  2.4   $                (6.2)   $                  8.6   $                  6.3   $              (13.2)   $               19.5 Income tax 8.4   3.1   5.3   17.4   10.0   7.4 Acquisition and offering-related costs 8.7   12.8   (4.1)   39.1   32.6   6.5 Gain on sale of business -   -   -   (28.1)   -   (28.1) Stock-based compensation expense 3.6   1.5   2.1   8.2   3.7   4.5 Deferred revenue reduction from purchase accounting 3.7   0.3   3.4   10.6   1.5   9.1 Amortization related to acquired intangible assets 23.8   26.0   (2.2)   71.4   78.1   (6.7) Non-recurring interest and loss on extinguishment of debt -   0.4   (0.4)   0.4   4.3   (3.9) Unrealized translation gain (8.4)   (2.1)   (6.3)   (6.6)   (10.3)   3.7 Adjusted Income before income tax 42.2   35.8   6.4   118.7   106.6   12.1 Less: Income tax at a 26% rate (11.0)   (9.3)   (1.7)   (30.9)   (27.7)   (3.2) Adjusted net income (3) $               31.2   $               26.5   $                  4.7   $               87.8   $               78.9   $                  8.9 Pro forma fully-diluted weighted average shares outstanding 148,131   131,105   17,026   147,215   127,507   19,708 Adjusted net income per diluted share (4) $0.21   $0.20   $0.01   $0.60   $0.62   ($0.02)   Cision Ltd. and its Subsidiaries Reconciliation of Net Cash Provided by Operating Activities to Adjusted Net Cash Provided by Operating Activities (in millions) (Unaudited)     Three Months Ended September 30,   Nine Months Ended September 30,   2019   2018   Change   2019   2018   Change Net cash provided by operating activities $                34.7   $                26.2   $                  8.5   $                67.5   $                89.8   $              (22.3) Acquisition and offering-related costs 8.7   12.8   (4.1)   39.1   32.6   6.5 Adjusted net cash provided by operating activities (5) $                43.4   $                39.0   $                  4.4   $             106.6   $             122.4   $              (15.8)     (1) Cision defines EBITDA as net income (loss), plus depreciation and amortization expense, plus interest expense and loss on extinguishment of debt, plus provision for (or minus benefit from) income taxes.     (2) Cision defines Adjusted EBITDA as EBITDA, further adjusted for acquisition and offering related costs, stock-based compensation, deferred revenue reduction from purchase accounting, (gains) losses related to divested businesses or assets, sponsor fees and expenses, and unrealized translation losses (gains). All of the items included in the reconciliation from net income to Adjusted EBITDA are either non-cash items or are items that we consider to be less useful in assessing our operating performance. In the case of the non-cash items, we believe that investors can better assess our operating performance if the measures are presented without such items because, unlike cash expenses, these adjustments do not affect our ability to generate free cash flow or invest in our business. For example, by excluding depreciation and amortization from EBITDA, users can compare operating performance without regard to different accounting determinations such as useful life. In the case of the other items, we believe that investors can better assess operating performance if the measures are presented without these items because their financial impact does not reflect ongoing operating performance.     (3) Cision defines Adjusted net income as net income (loss) plus provision for (or minus benefit from) income taxes, further adjusted for acquisition and offering related costs, (gains) losses related to divested businesses or assets, stock-based compensation, deferred revenue reduction from purchase accounting, amortization related to acquired intangibles, non-recurring interest and losses on extinguishment of debt, sponsor fees and expenses, and unrealized translation losses (gains), which together, sum to Adjusted net income (loss) before income taxes. Adjusted net income (loss) before income taxes is then taxed at an assumed long-term corporate tax rate of 26%. All of the items included in the reconciliation from net income to Adjusted net income are either non-cash items or are items that we consider to be less useful in assessing our operating performance. In the case of the non-cash items, we believe that investors can better assess our operating performance if the measures are presented without such items because, unlike cash expenses, these adjustments do not affect our ability to generate free cash flow or invest in our business. For example, by excluding the amortization related to acquired intangibles, users can compare operating performance without regard to highly variable amortization expenses related to our acquisitions. In the case of the other items, we believe that investors can better assess operating performance if the measures are presented without these items because their financial impact does not reflect ongoing operating performance.     (4) Cision defines Adjusted net income per diluted share as Adjusted net income, as defined above, divided by the fully-diluted pro forma weighted average shares outstanding for the period. For purposes of calculating the number of fully diluted shares outstanding, we have excluded the potential impact of dilution from outstanding warrants to purchase shares of our common stock prior to the dates of their conversion, and stock options and restricted units issued and outstanding pursuant to our 2017 Omnibus Incentive Plan. During the Third quarter of fiscal 2018, we issued an aggregate of 6,342,989 ordinary shares (6,100,209 ordinary shares on May 18, 2018 and 242,780 ordinary shares on June 4, 2018), in exchange for all of our outstanding warrants, pursuant to the completion of our warrant exchange transactions. During the third quarter of 2018, we issued 2,000,000 ordinary shares for the earn-out achieved during the quarter. Commencing on these respective issuance dates, we included the issued shares in our fully-diluted pro forma weighted average share count.     (5) Cision defines Adjusted net cash provided by operating activities as net cash provided by operating activities adjusted for acquisition related costs and expenses.   Investor Contact: Jack Pearlstein Chief Financial Officer Jack.Pearlstein@cision.com  Media Contact: Jenn Deering Davis VP, Communications Jenn.Deering.Davis@cision.com View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-reports-third-quarter-2019-results-300954067.html SOURCE Cision Ltd.

2019-11-14 15:31

Falcon.io acquires Unmetric, creating one of the most complete, unified Social Media Management Solutions in the market

CHICAGO, Oct. 24, 2019 /PRNewswire/ -- Cision (NYSE: CISN) today announced that Falcon.io, its social media management division, has acquired Unmetric, a leader in delivering insights from social benchmarking, audience engagement, and content performance. Unmetric delivers public data from leading global brands across social media channels, enabling companies to enhance their content strategy, better engage with their customers, and spend time where it matters, delivering on business objectives and ROI. Falcon.io will integrate Unmetric into their Social Media Marketing platform, enabling customers to drive consistent brand experiences across social content, engagement and insights.   "Our mission is to deliver a powerful social software suite that enables the brands we serve to win in their markets. Today the Unmetric acquisition gets us closer to this vision," said Ulrik Bo Larsen, Founder of Falcon.io and President, Cision Social. "Giving brands the ability to benchmark, monitor, measure, better engage with their customers and audiences, and create and publish powerful content all in one unified platform across multiple channels will help them win."  "Marketers are often data rich and insight poor. This is especially true in the content ecosystem where brands are communicating at the speed of culture. Brands, therefore, need to continually benchmark their social campaigns, content and channels, and use insights from the past to fuel campaigns for the future," said Lux Narayan, CEO of Unmetric. "Unmetric brings this historical perspective to the Falcon.io platform to help brands and agencies create more compelling content."  Falcon.io extends a warm welcome to the brands that Unmetric has been serving for years, such as Unilever, Pepsi, General Motors, Amgen, Bombardier, Edelman, TBWA, Homeaway, Away, GroupM and many more. Unmetric's social media marketing capabilities will be incorporated into the Falcon.io customer offering, and Unmetric's team will be integrated into the Falcon organization and continue to build and expand on the use cases they have successfully taken to market. About Cision Cision Ltd. (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. For more information about Falcon.io, visit www.falcon.io.  About Unmetric Unmetric helps brands and agencies get better engagement, more certainty, and faster reporting on their social media efforts. The company's enterprise platform enables digital marketers to research, plan and optimize branded social content, and analysts to report on learnings to create more engaging content. Hundreds of global brands and digital agencies use Unmetric's AI-powered insights on Twitter, Facebook, YouTube, and Instagram. For more information, visit www.unmetric.com. Media Contacts: Falcon.io Natasha Adams, VP of Marketing Natasha.adams@falcon.io   Cision Rebecca Dersh, PR Manager rebecca.dersh@cision.com  SOURCE Falcon.io Related Links http://www.falcon.io

2019-10-25 15:19

Cision Announces Latest Product Updates, Allowing Marketers to Retarget Earned Media Audiences

CHICAGO, Oct. 23, 2019 /PRNewswire/ -- Cision (NYSE: CISN) today announced significant new updates to the next generation Cision Communications Cloud® – the company's communications platform that delivers best-in-class earned media monitoring and analytics, media and social influencer campaign management, multi-channel press release distribution, and earned media retargeting.  Today's updates include a range of improvements to the Cision Communications Cloud's Impact product offering. Cision Impact, first released in late 2017, is a suite of solutions that allow PR and marketing professionals to prove and build on the value of earned media. This includes the new Cision Audiences and Cision Activation. With the launch of Audiences and Activation, brands are now able to capture and retarget earned media audiences at the peak of their content consumption. While Cision Audiences has been in an early access program since earlier this year, it is now widely available. Audiences helps brands identify and activate potential customers based on their earned media consumption for more than 2 million online sources, including articles, blog posts, and other content. With Audiences, clients can integrate earned media into paid and owned functions through comprehensive earned media analysis, persona creation, and campaign activation based on contextual media consumption. "The latest Cision Communications Cloud updates continue to push the industry forward, firmly cementing the comms team's seat at the marketing table," said Kevin Akeroyd, Cision CEO. "Our early access Impact clients have already seen incredible results from their use of Audiences and Activation, boosting the performance of their paid media spend using contextual earned media consumption. We're thrilled to now be able to introduce these tools to the broader market."   The latest enhancements to the next generation Cision Communications Cloud allow communications teams to: Know which media coverage results in traffic back to their website, which coverage gets in front of the right audiences for their goals, and which coverage reaches the largest actual audience. Build comprehensive personas based on the firmographic and demographic characteristics that matter to their business, to understand how each segment consumes media coverage and converts to their website. Activate audiences based on their contextual consumption of earned media coverage with targeted paid ad campaigns to reinforce brand messaging. Identify audiences based on their earned media consumption - including industry news and competitors' coverage - and then activate those audiences with messages about their own brand. "We all intuitively understand the power of earned media, but Cision helps us prove it," said Megan Tweed, Head of Performance Communications at Edelman. "We have seen tremendous results leveraging Cision Impact to identify and retarget earned media audiences. Edelman's Performance Communications clients are experiencing 3-5x increases in click-through rates (CTRs) and generating up to 12x in return on ad spend (ROAS) by reaching an incremental, high-value audience for paid activation." The latest updates to the next generation Cision Communications Cloud are available in the United States and Canada and will be available in other markets soon. To learn more, please visit www.cision.com. About Cision Cision Ltd (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud, visit www.cision.com and follow Cision on Twitter @Cision. Media Contact: Rebecca Dersh PR & Earned Media Manager, Cision  cisionpr@cision.com  View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-announces-latest-product-updates-allowing-marketers-to-retarget-earned-media-audiences-300943485.html SOURCE Cision

2019-10-23 15:31

Cision Ltd. Announces Agreement to Be Acquired by an Affiliate of Platinum Equity for $10.00 Per Share in All Cash Deal Valued at Approximately $2.74 Billion

Transaction Provides Immediate Value for Shareholders Acquisition Expected to Close in Q1 2020 CHICAGO, Oct. 22, 2019 /PRNewswire/ -- Cision Ltd. (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.74 billion. Under the terms of the agreement, which has been unanimously approved by the members of Cision Ltd.'s board of directors, an affiliate of Platinum Equity will acquire all of the outstanding ordinary shares of Cision Ltd. for $10.00 per share in cash. The purchase price represents a 34% premium over Cision Ltd.'s 60-day volume-weighted average price ended on October 21, 2019. A special meeting of Cision Ltd.'s shareholders will be held as soon as practicable following the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission ("SEC") and subsequent mailing to its shareholders.  Certain affiliates of GTCR, collectively holding approximately 34% of the outstanding shares of Cision Ltd., have entered into a voting agreement committing them to, among other things, vote in favor of adopting the acquisition agreement.  The proposed transaction is expected to close in the first quarter of 2020 and is subject to approval by Cision Ltd.'s shareholders, along with the satisfaction of customary closing conditions and antitrust regulatory approvals, as necessary. Upon completion of the acquisition, Cision Ltd. will become wholly owned by an affiliate of Platinum Equity. Cision Ltd. may solicit alternative acquisition proposals from third parties during a "go-shop" period from the date of the agreement until November 12, 2019. There is no guarantee that this process will result in a superior proposal, and the agreement provides Platinum Equity with a customary right to match a superior proposal and termination fee if a superior proposal is accepted.  Cision Ltd. does not intend to disclose developments with respect to the solicitation process unless and until the company determines such disclosure is appropriate. "This transaction will provide shareholders with immediate and substantial cash value, while also providing us with a partner that shares in our commitment to customers and employees and can add strategic and operational value," said Kevin Akeroyd, Cision's Chief Executive Officer. "Based on our extensive engagement with Platinum over the past several months, we are confident that Platinum's support will enable Cision to execute on its strategy and next phase of growth." Commenting on the transaction, Platinum Equity Partner Jacob Kotzubei said: "Cision has a long history of leadership providing software and services to public relations and marketing communications professionals and has developed a growing portfolio of earned media management offerings for the world's leading brands. Platinum looks forward to nurturing Cision's core business, supporting and anticipating the diverse needs of the company's customers, and driving new opportunities for innovation. As a private company, Cision will be able to make strategic investments for sustainable and profitable growth, while remaining agile and focused on operational excellence. We are excited to partner with Cision's management team as it embarks on this new chapter." Cision Ltd. will file its quarterly report on Form 10-Q reporting its third quarter financial results but does not intend to host a quarterly earnings call. Financing & Advisors Equity financing will be provided by investment funds managed, advised or sponsored by Platinum Equity. Platinum Equity has secured committed debt financing for the transaction from Bank of America Merrill Lynch. Rothschild & Co is serving as lead financial advisor to Cision and its Board of Directors. Centerview Partners LLC and Deutsche Bank Securities Inc. are also acting as financial advisors to Cision. Kirkland & Ellis LLP is acting as legal counsel to Cision, and Gibson, Dunn & Crutcher LLP is acting as M&A legal counsel and Willkie Farr & Gallagher LLP is acting as financing legal counsel to Platinum Equity. For further information regarding the terms and conditions contained in the definitive merger agreement, please see Cision Ltd.'s Current Report on Form 8-K, which will be filed in connection with this transaction. About Cision Cision Ltd. (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $19 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 25 years Platinum Equity has completed more than 250 acquisitions. Forward-Looking Statements Certain statements in this press release are forward-looking statements, including, without limitation, the statements made concerning the proposed transaction, and are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "aim," "potential," "continue," "ongoing," "goal," "can," "seek," "target" or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. You should read any such forward-looking statements carefully, as they involve a number of risks, uncertainties and assumptions that may cause actual results to differ significantly from those projected or contemplated in any such forward-looking statement. Those risks, uncertainties and assumptions include: (i) the risk that the proposed transaction may not be completed in a timely manner or at all, which may adversely affect the Company's business and the price of the Company's ordinary shares; (ii) the failure to satisfy any of the conditions to the consummation of the proposed transaction, including the authorization of the merger agreement by the Company's shareholders and the receipt of certain regulatory approvals; (iii) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the merger agreement; (iv) the effect of the announcement or pendency of the proposed transaction on the Company's business relationships, operating results and business generally; (v) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the proposed transaction; (vi) risks related to diverting management's attention from the Company's ongoing business operations; (vii) the outcome of any legal proceedings that may be instituted against the Company related to the merger agreement or the proposed transaction, (viii) unexpected costs, charges or expenses resulting from the proposed transaction; (ix) uncertainties as to Platinum Equity's ability to obtain financing in order to consummate the merger; and (x) other risks described in the Company's filings with the SEC, such as its Annual Report on Form 10-K for the year ended December 31, 2018. Forward-looking statements speak only as of the date of this communication or the date of any document incorporated by reference in this document. Except as required by applicable law or regulation, the Company does not assume any obligation to update any such forward-looking statements whether as the result of new developments or otherwise. Additional Information and Where to Find It In connection with the proposed transaction, the Company will file with the Securities and Exchange Commission (the "SEC") and furnish to the Company's shareholders a proxy statement. BEFORE MAKING ANY VOTING DECISION, THE COMPANY'S SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT (IF ANY) BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. Investors and shareholders may obtain a free copy of documents filed by the Company with the SEC at the SEC's website at http://www.sec.gov. In addition, investors and shareholders may obtain a free copy of the Company's filings with the SEC from the Company's website at http://investors.cision.com or by directing a written request to: Cision Ltd., Attn: Secretary, 130 E. Randolph St., 7th Floor, Chicago, IL 60601. Participants in the Solicitation The Company and certain of its directors, executive officers, and certain other members of management and employees of the Company may be deemed to be participants in the solicitation of proxies from shareholders of the Company in favor of the proposed merger. Information about directors and executive officers of the Company is set forth in the proxy statement for Cision's 2019 annual general meeting of shareholders, as filed with the SEC on Schedule 14A on August 9, 2019. Additional information regarding the interests of these individuals and other persons who may be deemed to be participants in the solicitation will be included in the proxy statement with respect to the merger that the Company will file with the SEC and furnish to the Company's shareholders. Contacts: Cision Ltd.: Investor Contact: Jack Pearlstein Chief Financial Officer Jack.Pearlstein@cision.com Media Contact: Jenn Deering Davis VP, Communications Jenn.Deering.Davis@cision.com Platinum Equity: Dan Whelan Principal, Platinum Equity dwhelan@platinumequity.com SOURCE Cision Ltd. Group, Inc.

2019-10-23 09:29

PR Newswire Launches Asia-Pacific Communications Survey 2019 - Press Releases and Content Distribution Trends

HONG KONG, Sept. 30, 2019 /PRNewswire/ -- With the rapid development of technologies such as news recommender algorithms and mobile-first social media platforms, corporate communications in the Asia-Pacific (APAC) region is facing greater challenges. These include measuring, evaluating and quantifying the impact of communications across a fragmented media environment. PR Newswire Asia-Pacific Communications Survey 2019 - Press Releases and Content Distribution Trends To explore how businesses are meeting these challenges, PR Newswire, the premier global provider of news distribution and media monitoring services, has launched the APAC Communications Survey 2019 - Press Releases and Content Distribution Trends. This survey seeks inputs from PR & communications professionals across nine major markets – Australia, Mainland China, Hong Kong, Taiwan, Indonesia, Malaysia, Singapore, South Korea, and Vietnam and is open for participation until October 26, 2019. Each participant will receive an email alert when the survey findings are published. To participate in this survey, please click: https://www.surveymonkey.com/r/SQQNPTG PR Newswire is committed to helping businesses tell their stories across different markets, cultures and languages. Your participation will help fellow PR & communications professionals better understand APAC industry trends and provide an invaluable reference point to plan future campaigns. Key questions covered in this survey include: The topics of press releases sent by your business; Content distribution channels; The level of satisfaction across different types of channels such as news media channels, social media platforms and paid advertising. The results of this survey are expected to be released by the end of 2019. About PR Newswire PR Newswire, a Cision Ltd. company (NYSE: CISN), is a leading global provider of news distribution and earned media software and services. In conjunction with Cision's cloud-based communications product suite, PR Newswire's services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact. Combining the world's largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions. For more info, please visit www.prnasia.com. Photo - https://photos.prnasia.com/prnvar/20190927/2594420-1 Logo - http://photos.prnasia.com/prnvar/20160617/8521603993LOGO-d

2019-09-30 11:27

Cision Releases 'State of the Freedom of the Press' Special Report

Results Show Continued Deterioration in Global Press Freedom CHICAGO, Sept. 25, 2019 /PRNewswire/ -- Cision (NYSE: CISN) today released never-before-seen insights in their latest report – State of the Freedom of the Press: A Cision 2019 State of the Media Special Report. The report uncovers journalists' concerns around safety, freedom of the press, trust in the media, and much more. Among the key findings is 49% of journalists globally believe the freedom of the press has deteriorated in their home countries. Earlier this year, Cision released its 2019 State of the Media Report, which surveyed nearly 2,000 journalists from 10 countries around the world. Cision conducts this report annually to learn about the main issues facing the global media industry, and how PR and communications professionals can better work with their journalist counterparts. With today's release of the State of the Freedom of the Press special report, Cision is revealing new insights from that survey that have never before been shared with the public. Despite continued attacks on the media, the report highlighted a hopeful undertone. While 69% of US journalists felt that the public lost trust in the media this year, that number is actually down from 78% in 2018, indicating a shift in perception and attitude. Despite continued attacks on the media and efforts to weaken freedom of the press, 65% of journalists around the globe don't feel they've had to change their tone or language in the last year. "These insights prove that despite ongoing challenges in today's media landscape, journalists believe that they've been able to build back trust with the public without compromise," said Kristen Sala, Cision's Senior Director of US Media Research. "The media plays a pivotal role in helping PR professionals get their messages out to the public. Therefore, it's up to the PR industry to continue to help strengthen that relationship by supporting journalists with legitimate data and evidence, along with valuable information and unique ideas."  Survey responses also reflect how perceptions of freedom of the press can differ greatly from country to country. Only 41% of Canadian respondents reported a deterioration of freedom of the press in their country, while 67% felt that way in Brazil. 57% of U.S. journalists have felt a deterioration. To see the full State of the Freedom of the Press Report, click here. About Cision Cision Ltd (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,000 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. Media Contact:  Rebecca Dersh PR Manager cisionpr@cision.com    View original content to download multimedia:http://www.prnewswire.com/news-releases/cision-releases-state-of-the-freedom-of-the-press-special-report-300925250.html SOURCE Cision

2019-09-25 11:28

PR Newswire's APAC Survey Reveals Content Quality is the Top Priority for Journalists

Asia-Pacific (APAC) journalists (25%) rate content quality - not readership metrics - as their number one key performance indicator (KPI). Other important parameters include a target number of original news stories and social media engagement. Press releases continue to be the most trusted source for news stories, with over twice as many journalists trusting official press releases (27%) over social media channels (10%). HONG KONG, Sept. 10, 2019 /PRNewswire/ -- As APAC media and PR professionals are getting to grips with rapid technological progress and shifting audience preferences, PR Newswire today released its Asia-Pacific Media Survey 2019 report to track how journalists are adapting. Survey results on journalists’ key performance indicators Survey results on journalists’ most trusted source This year's report was PR Newswire's largest ever in the region, surveying nearly 1,000 journalists and media professionals across nine key markets - Australia, mainland China, Hong Kong, Taiwan, Indonesia, Malaysia, Singapore, South Korea, and Vietnam. To help international businesses better understand the diverse APAC media landscape, our Audience Development team has also compiled a list of the top ten business media[1] in each of these nine markets. Despite readership metrics becoming more readily available, 25% of journalists indicate that content quality is their top key performance indicator (KPI), followed by number of original news stories, e.g. X stories per week, and social media engagement, such as social media shares of content. This survey found that a verified news source is more valuable than ever. For example, 73% of journalists in mainland China believe that news accuracy is their top consideration when assessing the value of a story. Press releases remain the most trusted source of information with over twice as many journalists from the majority of APAC markets (eight key markets, not including mainland China) trusting official press releases (27%) over social media channels (10%). Results also show an increase of 5 percentage points for trust in press releases compared to 22% in 2016-2017. Verified news sources play an important role as journalists craft their stories. When seeking a quote for their stories, journalists from the majority of APAC markets are most likely to turn to personal business contacts (60%), followed by press releases (51%). Other key takeaways from the report include: High-resolution photographs (29%) are the most preferred multimedia element in news coverage by journalists from the majority of APAC markets, with 25% preferring video, followed by infographics (21%). Journalists are keen to enhance their skillsets to create quality content. Relative to our last survey in 2016-2017, journalists across the APAC region indicate a higher demand for training on in-depth reporting and interviewing skills. Multilingual communication is critical for businesses going global. Journalists in Hong Kong, Malaysia, and Singapore responded to this survey in multiple languages while close to 100% of journalists in mainland China, Taiwan, Indonesia, South Korea, and Vietnam responded in their predominant domestic language, reflecting the preferences of their audiences. "For businesses operating globally, enhancing brand awareness and reputation are important tasks where media coverage plays a critical role," said Lynn Liu, Director of Audience Development and Distribution Services. "In the APAC region, it is vital that international businesses understand the shifting media landscape and local journalists' preferences to become even more valuable media partners. PR Newswire is committed to help businesses tell their stories in this diverse and dynamic region." PR Newswire looks forward to discussing the key findings of this survey at our upcoming Media Coffee events. To download the full Asia-Pacific Media Survey 2019 report, please click here.  About PR Newswire PR Newswire, a Cision Ltd. company (NYSE: CISN), is a leading global provider of news distribution and earned media software and services.  In conjunction with Cision's cloud-based communications product suite, PR Newswire's services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact.  Combining the world's largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions. For more info, please visit www.prnasia.com. For further information, please contact:  PR Newswire's Asia Marketing Team  +852 2572 8228 asia.marketing@prnasia.com [1] Based on monthly unique visitors

2019-09-10 10:03

Edelman and Cision Form Communications Cloud Partnership

  NEW YORK, Aug. 6, 2019 /PRNewswire/ -- Edelman and Cision announced today an exclusive agency partnership that combines Cision's industry-leading communications technology with Edelman's new suite of Performance Communications services. Specifically, the partnership enhances Edelman's earned channel planning, and advances its advocacy and sales growth attribution services. Edelman is also introducing a first-of-its-kind integration of earned audiences with performance and account-based marketing.  "Our partnership with Cision is designed to accelerate the adoption of technology and techniques that prove the multiplier effect of earned attention," said Russell Dubner, U.S. President and CEO of Edelman. "Now we can apply real-life behavior – not hypothesis and correlation – to hone strategy and stay connected to earned audiences. The blend of earned-instinct and marketing precision is a powerful combination."  This new partnership gives Edelman exclusive agency access to Cision ID's over 5,000 demographic and firmographic attributes, above and beyond Cision's existing Impact and Audiences data that is generally available in the market, allowing for rich insights into the performance and profile of earned-media audiences. Edelman will be able to look across the full set of anonymized Cision ID data to benchmark industry-level insights and analyses for clients. Edelman will be the first agency to cross-reference earned audiences with Cision's 925+ million influencer profiles for targeted ongoing engagement. Edelman will also extract performance data for use in media mix modeling, multi-channel attribution or data visualization.  Cision will draw on Edelman's applied expertise for product development, pilot testing and first-to-the market advances exclusive to the partnership. Edelman will focus its efforts on advances that enable clients to energize, grow, transform and defend their brand or reputations.  "The advent of the communications cloud, true ROI measurement for communications, and the ability to integrate comms back into marketing and advertising at the individual audience level, will, over time, be as revolutionary as the marketing clouds have proven to be," noted Kevin Akeroyd, CEO of Cision. "We are energized by the substantial resources Edelman is investing in the modernization of communications."  Edelman's Performance Communications team is made up of 150+ analysts, data specialists and integrators who deliver a combination of technology and data services to support modern communications programs. These services include data strategy, discovery, first- and third-party data rationalization and rich business intelligence, all to accelerate the adoption and integration of earned audiences with paid and owned.  About Edelman:  Edelman is a global communications firm that partners with businesses and organizations to evolve, promote and protect their brands and reputations. Our 6,000 people in more than 60 offices deliver communications strategies that give our clients the confidence to lead and act with certainty, earning the trust of their stakeholders. Our honors include the Cannes Lions Grand Prix for PR; Advertising Age's 2019 A-List; the Holmes Report's 2018 Global Digital Agency of the Year; and, five times, Glassdoor's Best Places to Work. Since our founding in 1952, we have remained an independent, family-run business. Edelman owns specialty companies Edelman Intelligence (research) and United Entertainment Group (entertainment, sports, lifestyle). For more information please visit: www.edelman.com.  About Cision:   Cision Ltd (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,000 employees with offices in 22 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision.  Media Contacts: Edelman:  Mike Bush, SVP, Marketing, +1 (212) 729-2181 Caitlin Falvey, VP, Marketing, +1 (312) 297-6907 Cision:  Rebecca Dersh, PR & Earned Media Manager, cisionpr@cision.com SOURCE Cision Related Links http://www.cision.com

2019-08-07 09:25
12345 ... 12