Meaning of the word "media release" in English

What does "media release" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

media release

US /ˈmiːdiə rɪˈliːs/
UK /ˈmiːdiə rɪˈliːs/

Noun

an official statement issued to the press by an organization or public figure

Example:
The company issued a media release announcing its new product.
We need to prepare a compelling media release for the upcoming event.