A news release is a written message from an organization to news media outlets in hopes that they will disseminate the message without having to pay advertising fees. There are several types of news releases including publicity releases to announce organizational news, product releases for new products, bad news releases to disclose negative situations honestly, financial releases for company earnings, and feature releases for longer-form stories. News releases follow an inverted pyramid structure, leading with the most important information, and include a headline, subhead, lead paragraph, body paragraphs, boilerplate background on the organization, and contact information.