If you have ever read Wired Magazine, they have three ways of categorizing events i.e. Wired, Tired and Expired. Here is one future event that I see being featured in Wired Magazine:

Expired : Company News and Press Releases via news paper.
Tired : Company News and Press Releases on Company Website.
Wired : Releasing Company News and Press Releases on a Corporate Blog!

Why would a company release Press Releases and Company news on a Corporate Blog?

Generally Press Releases and Company news are released to disseminate certain information rapidly. This is achieved currently via Newspapers, radio and company websites and other websites that deliver news. With advent of RSS Feeds and blogs, companies are discovering an additional medium of delivering company news and press releases. People who follow certain companies or own company stock or plan to buy company stock love the idea of RSS feeds.

RSS feeds are clutter free and easy to follow with a simple interface. Reader is able to read news without any banner ads and irritating popups. Companies like Google use Weblog to release news about their newest products. Six Apart uses Weblog to keep its bloggers, investors and prospective investors in touch with the latest news about it’s products and services.

As you know by now, a Weblog is a chronological list of posts, arranged in reverse order of date. Company news and Press Releases are perfect fit for a Weblog.