When will Nasdaq pull the plug on Marketwired

At CPE Media Inc., our daily news and information research is to scour and read news from all the news release providers, pick up news of interest for our readers and data for our industry leading all private capital dealbase.

Ever since the acquisition of Marketwired by Nasdaq, Inc. (NASDAQ: NDAQ) in February 2016, we have observed that the number of news release posted by Marketwired has been in steady decline. Majority of the news releases have been shifted and picked by Nasdaq’s own GlobeNewWire.

As of 5:00PM EDT March 19, 2018, twelve news releases were posted on MarketWired. In comparison, 255 news releases were posted on March 20, 2017.

Question is how long will Nasdaq keep Marketwired running.

Missed the details of the acquisition of Marketwired by Nasdaq from OMERS Private Equity?

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photo credit: Marketwired