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	<title>WebProNews &#187; LatinClips</title>
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		<title>PR Newswire Buys Hispanic Media Businesses</title>
		<link>http://www.webpronews.com/pr-newswire-buys-hispanic-media-businesses-2008-01</link>
		<comments>http://www.webpronews.com/pr-newswire-buys-hispanic-media-businesses-2008-01#comments</comments>
		<pubDate>Mon, 07 Jan 2008 22:05:31 +0000</pubDate>
		<dc:creator>Doug Caverly</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Deals]]></category>
		<category><![CDATA[Hispanic Digital Network]]></category>
		<category><![CDATA[Hispanic PR Wire]]></category>
		<category><![CDATA[LatinClips]]></category>
		<category><![CDATA[PR Newswire]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=43125</guid>
		<description><![CDATA[<p>Just by looking at their names, you'll be able to guess one thing that Hispanic PR Wire, LatinClips, and Hispanic Digital Network have in common.&#160; By looking at the title of this article, you learned another, but we'll repeat it here: all three companies have been acquired by PR Newswire.<img align="right" src="http://images.ientrymail.com/webpronews/article_pics/ruiz.jpg" alt="PR Newswire Buys Hispanic Media Businesses" /></p>]]></description>
			<content:encoded><![CDATA[<p>Just by looking at their names, you&#8217;ll be able to guess one thing that Hispanic PR Wire, LatinClips, and Hispanic Digital Network have in common.&nbsp; By looking at the title of this article, you learned another, but we&#8217;ll repeat it here: all three companies have been acquired by PR Newswire.<img align="right" src="http://images.ientrymail.com/webpronews/article_pics/ruiz.jpg" alt="PR Newswire Buys Hispanic Media Businesses" /></p>
<p><span id="more-43125"></span>
<p>Purchase prices remain undisclosed, so comparisons between the three remain impossible.&nbsp; Without those dollar signs, it&#8217;s also a bit harder to judge the group&#8217;s importance as a whole.&nbsp; But <a href="http://www.dmwmedia.com/news/2008/01/03/pr-newswire-acquire-hispanic-media-businesses" title="&quot;PR Newswire to Acquire Hispanic Media Businesses&quot;">Mark Hefflinger</a> reports, &quot;Manny Ruiz, president and co-founder of the three Miami-based businesses, as well as senior management, will join PR Newswire and lead the company&#8217;s efforts in the Hispanic marketplace.&quot;</p>
<p>So this at least gives a clue that there might have been some sort of three-for-the-price-of-less-than-three deal in place.</p>
<p>In any event, Charles Gregson, PR Newswire&#8217;s CEO, made clear in a statement, &quot;The services of these companies represent a full scale Hispanic communications platform that runs the gamut from Hispanic press release distribution to news monitoring and online marketing.&quot;</p>
<p>So it appears that the move towards online news resources is continuing, and so is the move to cater to Hispanic markets.&nbsp; Not too long ago, <a href="http://www.webpronews.com/topnews/2007/10/24/google-print-ads-gets-first-spanish-publication" title="&quot;Google Print Ads Gets First Spanish Publication&quot;">Google Print Ads</a> defied one trend but embraced the other by making its first deal with a Spanish-language publication.</p>
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