Herbert Muschel, was an American businessman and publisher. In 1954, he founded

PR Newswire PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, ...

, which was a cutting edge service that once distributed corporate financial news at a time when the

Federal Communications Commission The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisdiction ...

allowed only

AT&T AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile te ...

and

Western Union The Western Union Company is an American multinational financial services company, headquartered in Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company chang ...

to send printed messages to a third person. With this direct-to-the-newsroom service,

press releases A press release is an official statement delivered to members of the news media for the purpose of providing information, creating an official statement, or making an announcement directed for public release. Press releases are also considere ...

were treated as breaking news for the first time. He died on November 1, 2003 at 85.

External links

Obituary in the ''New York Times''
{{DEFAULTSORT:Muschel, Herb Year of birth missing 2003 deaths American publishers (people)