OLD Media Moves

TheStreet CEO: Newsroom mandate is to cover stocks that matter most

March 6, 2018

Posted by Chris Roush

David Callaway
David Callaway

TheStreet.com CEO David Callaway made the following comments on Tuesday during its earnings conference call:

The news room has weathered the step back of cost-cutting last year to emerge with a new mandate of covering the stocks that mean the most to our readers and subscribers and editor Bryan Sozzi and his team are working 24/7 to keep our coverage flowing as we work with new distribution partners in the social, video and fin tech space. More and more CEOs are making their way to TheStreet newsroom as a must stop on the New York media choice, and our video group has worked with the business side to develop a successful set of webinars for both the consumer and the institutional strategies. Julie our new CEO and her team have also spearheaded a renewed podcasting push which Jim and our folks from the tech team contributing regularly.

As we enter 2018, we envision the next part of our turnaround story will be about new business and revenue growth. We were off slightly under revenue in 2017 as we invested in our strategic shift, so I’m eager to see what these investments will yield. We face different challenges in all of our businesses, but after a long effort we positioned TheStreet to really begin growing again. By the way, that is the new logo on the top of our press release and in our hall if you come by to visit. It was created by our Chief Marketing Officer Terry Smith and her team. There was time after 22 years for a new look to go with our new team, we hope you like it.

The full transcript can be read here.

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