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Business Wire vs Steno

Business Wire logo

Business Wire

News

Global news distribution and regulatory disclosure

From
On request
Rated
-
Full reviewWebsite
Steno logo

Steno

News

AI transcription and analysis for news and media

From
$500/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Business Wire no transparent pricing published for press release distribution services; Steno no free tier available; entry point at $500/month
  • They diverge on capability: Business Wire covers News distribution, Steno covers AI transcription.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Business Wire and Steno actually diverge.

Attributes where Business Wire and Steno differ
AttributeBusiness WireSteno
Starting priceOn request$500/month
Pricing modelusage-basedsubscription
Founded19612020

Identical on both: free tier (No), platforms (Web), user rating (Not yet rated), category (News).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Business Wire

  • News distribution
  • SEC/SEDAR filing
  • Multimedia support
  • Tradeshownews
  • News analytics
  • Bloomberg Terminal
  • Thomson Reuters
  • Google Finance

Only in Steno

  • AI transcription
  • Broadcast search
  • Real-time monitoring
  • Clip creation
  • Media analysis
  • Slack
  • Email
  • API

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Business Wire

  • Earnings releasesnot Steno
  • SEC filingsnot Steno
  • Corporate announcementsnot Steno
  • Product launchesnot Steno
  • M&A newsnot Steno

Steno

  • AI-powered content creation platformnot Business Wire
  • Voice and text content generationnot Business Wire
  • Multi-channel content distributionnot Business Wire
  • Programmatic content syndicationnot Business Wire

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Business Wire

  • No transparent pricing published for press release distribution services

Steno

  • No free tier available; entry point at $500/month
  • Enterprise plan pricing not published; requires custom quote
  • Premium add-ons (iOS/Android app, Pro Voice) pricing not disclosed

Pricing, plan by plan

Business Wire

On request
  • US Local$525/one-time
    • Local distribution
    • Online posting
    • Basic analytics
  • US Regional$875/one-time
    • Regional distribution
    • Wire services
    • Enhanced analytics
  • US National$1525/one-time
    • National distribution
    • Full wire coverage
    • Premium analytics
  • GlobalFree
    • International reach
    • Translation services
    • Custom circuits

Steno

$500/month
  • Starter$500/month
    • 16,500 credits per month
    • 1 Twin
    • Web app deployment
  • Growth$1000/month
    • 40,000 credits per month
    • 2 Twins
    • Web app deployment
  • Scale$2000/month
    • 100,000 credits per month
    • 3 Twins
    • Web app deployment
  • Enterprise$null/month
    • 200,000+ credits per month
    • 5 Twins
    • Web app deployment

Which should you pick?

Choose Business Wire if

  • You need news distribution.
  • You also want sec/sedar filing.
Business Wire review

Choose Steno if

  • You need ai transcription.
  • You also want broadcast search.
Steno review

Questions people ask

Is Business Wire or Steno better?
Neither clearly leads. Business Wire starts at On request and Steno at $500/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Business Wire or Steno?
Business Wire starts at On request and Steno at $500/month.
Does Business Wire or Steno run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is Business Wire best used for?
Business Wire is most often used for earnings releases, sec filings, corporate announcements, product launches. Of those, earnings releases and sec filings are not what Steno is typically brought in for.
What can Business Wire do that Steno cannot?
Business Wire covers News distribution, SEC/SEDAR filing, Multimedia support, Tradeshownews. Steno covers AI transcription, Broadcast search, Real-time monitoring, Clip creation. Both handle Web support.

Answered from the vendors’ own pages

Business Wire: How much does Business Wire cost?

Business Wire does not publish standard pricing on its website. The company offers press release distribution services with pricing that varies based on your audience reach, distribution scope, and multimedia options. You must contact their sales team for a custom quote.

Source
Steno: What is the minimum cost to start using Steno?

The Starter plan is $500/month with 16,500 monthly credits. Steno does not offer a free tier, and monthly billing options include annual subscriptions with 10-15% savings.

Source
Business Wire: What is the Business Wire pricing model?

Business Wire charges per press release distribution, not as a subscription. Pricing depends on factors including geographic reach, industry targeting, journalist lists, and whether you include multimedia elements like images or videos.

Source
Steno: What are Steno credits and how many do I get?

Credits are the universal currency used for content processing, training, and user interactions across text, voice, and video. Starter includes 16,500/month, Growth 40,000/month, Scale 100,000/month, and Enterprise 200,000+/month.

Source
Steno: What is a Twin in Steno's pricing?

Twins are included in Steno plans at different quantities: Starter includes 1 Twin, Growth 2, Scale 3, and Enterprise 5. Specific features of Twins are not detailed on the pricing page.

Source
Steno: What are Steno's platform fees?

Steno charges monetization platform fees that decrease with plan tier: Starter at 9%, Growth at 8%, Scale at 7%, and Enterprise at 6%.

Source
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