Press release website PRUnderground.com acquired by Madison Square Ventures
Industry: Press Release Services
Brian Scully's Madison Square Ventures LLC announces the acquisition of social media press release website www.PRUnderground.com from MarkNet Group Inc.
New York, NY (PRUnderground) November 21st, 2013
Brian Scully’s Madison Square Ventures LLC announces the acquisition of social media press release website www.PRUnderground.com from MarkNet Group Inc. The profitable online press release service and Google News source provides an affordable alternative to expensive newswires and advertising-plagued free services, and effectively delivers a company’s news to search engines and social media within minutes of distribution. Post-acquisition, PRUnderground.com has moved its operations to the startup epicenter of New York City, the Flatiron District.
“A lot of marketers are frustrated by spending hundreds or even thousands of dollars on press release distribution only to see minimal results”, said Brian Scully, CEO of PRUnderground.com. “At $20-$39 per release, PRUnderground.com is priced at what we think is a fair level for the value a business gets in return, and we will continue to optimize our social media and press reach to hopefully over-deliver value in the future.”
With more and more journalists, and potential end customers, using search engines and social media as their main source of ideas and information, PRUnderground.com helps businesses get their message directly in front of people searching in the marketplace. “We are seeing some really interesting results every day for clients in everything from book marketing to startup product launches and entertainment industry marketing”, said Scully.
PRUnderground.com can be used for company announcements, product launches, event and appearance marketing, new hire announcements, seasonal sales and offers, and much more. Current clients include PR firms, SEO companies, small and medium businesses and even individuals doing personal branding. Industries include travel, music and film, internet startups, local businesses, restaurants, events/conferences, and independent authors. All releases are moderated and objectionable material and fake spam news is not accepted by PRUnderground.
CEO Brian Scully previously ran Marketing and PR for startups PropertyShark.com (successfully acquired by Yardi Systems in 2010) and UMT Software (successfully acquired by Microsoft in 2006). He has an MBA from Stanford University and and a BA from UCLA. He currently also heads Madison Square Ventures, which incubates, invests in, and acquires promising startups.
Social media press release service PRUnderground.com provides clients with an affordable, direct, and fast way to distribute their news into search engines and social media. The next generation press release site is based in the Flatiron District of New York City and owned by Madison Square Ventures LLC.