PR Times

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PR Times - overview

Established

2005

Location

Tokyo, -, Japan

Primary Industry

Media

About

PR Times is a prominent press release and news distribution service in Japan, enhancing corporate communications by connecting businesses with a broad network of media outlets. Founded in 2005, PR Times is based in Tokyo, Japan and specializes in press release distribution for companies. The company has not undergone significant pivots in its business strategy and does not have any known subsidiaries or parent companies. Tomohiro Kurosu serves as the CEO, leading the company in a market where it has established a strong presence.


PR TIMES operates a leading press release and news distribution service in Japan, designed to optimize public relations efforts for businesses. The core function of PR TIMES is to provide companies with a platform to disseminate press releases to a vast network of media outlets, enhancing visibility and increasing the chances of publication. This service leverages partnerships with over 260 media sites and boasts an impressive reach, generating approximately 90 million monthly page views on its own platform. The primary users of PR TIMES include a diverse array of companies, ranging from small businesses to publicly listed corporations, primarily located in Japan and expanding into international markets.


Their offerings enable clients to effectively communicate news to consumers and media, creating opportunities for engagement and awareness across various sectors, including technology, entertainment, and lifestyle. In the year 2023, PR TIMES reported a revenue of USD 42. 69 mn and an EBITDA of USD 9. 55 mn.


PR TIMES generates revenue through a subscription-based model, where businesses pay for access to its press release distribution services. Clients typically engage with the platform by selecting specific packages that suit their marketing and PR needs, which may involve tiered pricing based on the volume of press releases distributed or the breadth of media coverage desired. The company has established itself as a trusted partner for over 61% of listed companies in Japan, indicating a strong foothold within the corporate communications sector. Specific details regarding pricing plans or flagship services have not been disclosed, but the service structure supports B2B transactions directly with clients, facilitating straightforward interactions between businesses and the platform.


Primary Industry

Media

Sub Industries

Digital Media

Website

www.prtimes.jp

Verticals

Big Data

Total Amount Raised

Subscriber access only

PR Times - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedThe Bridge-

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