Company type | Private |
---|---|
Industry | Computer software |
Founded | 1999 Richmond, British Columbia, Canada | as Newspaper Direct
Founder | Alexander Kroogman |
Headquarters | Vancouver, British Columbia, Canada |
Key people | Ruairí Doyle (CEO) |
Services | Digital newspaper & magazine publishing and distribution |
Number of employees | 500 |
Website | pressreader |
PressReader is a digital newspaper distribution and technology company with headquarters in Vancouver, Canada and offices in Dublin, Ireland [1] and Manila, Philippines. [2]
PressReader distributes digital versions of over 7,000 newspapers and magazines [3] in more than 60 languages [4] through its applications for iOS, Android, Windows, Mac and various e-readers as well as its website, and operates digital editions of newspapers and magazines for publishers, including The New York Times , The Financial Times , [5] The Economist [6] , The Washington Post and The Globe and Mail . [7]
Founded in 1999 as NewspaperDirect, the company started as a service for printing physical copies of newspapers, aimed at travelers who wished to read their home newspaper while staying in a hotel abroad, [8] and launched a digital product in 2003. [7]
In 2013, the company rebranded as PressReader. [9]
In 2017, the company opened an office in Dublin, Ireland. [1]
In August 2019, the company acquired News360, makers of the News360 personalized news app and NativeAI, an audience intelligence product for news publishers. [10]
In 2022, PressReader announced the CEO succession. Ruairí Doyle was appointed chief executive officer; Alexander Kroogman transitioned to executive director. [11]
PressReader's eponymous product is an all-you-can-eat newspaper and magazine subscription service, which costs $29.99 per month [3] and grants access to all of the titles in the company's library via PressReader apps and website. The company partners with various hotels, airlines, cafes and other businesses which sponsor access to the service for their customers. [12] [13]
As of May 2019, PressReader has 12 million monthly active users. [14]
PressReader operates the digital editions of various newspapers and magazines on their websites and apps through a white-labeled platform called Branded Editions. [7]
In October 2023, The New York Times Company (NYT) and PressReader announced a new partnership to further expand NYT's global presence through PressReader's network of channel partners spanning over 150 countries. PressReader has become the exclusive distributor of The New York Times Company's digital news products and digital replica editions to hotels, airlines, cruise- and ferry lines, and non-U.S. public libraries. [15]
In August 2023, PressReader announced an expanded partnership with Gannett – the largest newspaper publisher in the U.S. and owner of USA Today. [16]
In January 2023, PressReader became The Economist's exclusive digital distributor globally in public libraries, hotels, aviation, marine, and healthcare as part of an expansion of the two parties' strategic partnership. [17]
On 3 March 2022 PressReader's web platform was blocked by a cyber attack and access to 7,000 publications, worldwide, was halted. The attack came just a few days after PressReader removed dozens of Russian newspapers from its catalogue. The company began to restore its services on 6 March. [18] [19]
The New York Times (NYT) is an American daily newspaper based in New York City. The New York Times covers domestic, national, and international news, and comprises opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, it serves as one of the country's newspapers of record. As of February 2024, the newspaper has a readership of 9.7 million digital-only subscribers and 660,000 print subscribers, making it the second-largest newspaper in the country by print circulation. The Times has received 137 Pulitzer Prizes as of 2023, the most of any publication, among other accolades. The New York Times is published by The New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, including its current chairman and the paper's publisher, A. G. Sulzberger. The Times is headquartered at The New York Times Building in Manhattan.
The Times is a British daily national newspaper based in London. It began in 1785 under the title The Daily Universal Register, adopting its modern name on 1 January 1788. The Times and its sister paper The Sunday Times are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. The Times and The Sunday Times, which do not share editorial staff, were founded independently and have had common ownership only since 1966. In general, the political position of The Times is considered to be centre-right.
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