Colorado Springs Biz Journal parent moves to nonprofit status
The company that owns the Colorado Springs Business Journal will convert from a for-profit enterprise to a nonprofit agency, effective in late October, writes reporter Pam Zubeck of the publication. Zubeck writes, “Amy Gillentine, publisher and executive editor of the Business Journal and the Indy, remains as CEO to steer the company into a new era, ‘which will include […]
NerdWallet generates traffic (but not profits) by focusing its content
Jessica Tee Orika of Foundation writes about how personal finance site NerdWallet generates $84 million in traffic to its site every month — though her enthusiasm fails to account for the company’s poor financial performance on Wall Street. Orika writes, “NerdWallet clustered their content pieces around nine topics relevant to the searcher’s intent. Yeah, you heard […]
Bloomberg TV now available on Prime Video in international markets
Bloomberg is expanding its global distribution of its global business and financial news networks to Prime Video, making Bloomberg Television available to viewers in Canada and Mexico. It will be in Australia and Brazil later this year. “We’re excited to expand Bloomberg Television programming to our audience in these countries,” said Travis Winkler, Bloomberg Media […]
Startup Payload aims to cover the aerospace industry
Michael Burgi of Digiday writes about news startup Payload, which is covering the aerospace industry. Burgi writes, “That was the thinking behind the launch of Payload, a digital newsletter covering the burgeoning space industry that has already expanded into webinars and podcasts, and plans to get into events. Payload appears to be a scrappy upstart: The […]
Crypto news site The Block rolls out token-based paywall
Cryptocurrency news site The Block is moving parts of its consumer paywall exclusively to a crypto token model, reports Sara Fischer of Axios. Fischer reports, “It becomes the first newsroom to launch a tokenized paywall within a new industry framework called the Access Protocol, which allows consumers to buy multiple media or creator subscriptions via a uniform […]
A look at Industry Dive’s success
Brian Morrissey, who previously ran Digiday, takes a look at the success of Industry Dive in the wake of its $525 million acquisition by Informa. Morrissey writes, “What Industry Dive built over a decade — 26 focused publications in 23 industry segments, over $100 million in revenue and nicely profitable — should be a new […]
Bloomberg Media planning global expansion
Bloomberg Media is planning a major expansion into localized coverage of different regions around the world, CEO Scott Havens told Axios reporter Sara Fischer. Fischer writes, “The company is beginning to assess markets with relatively high GDPs and areas where it has an existing footprint, including France, Germany, Japan, Malaysia and parts of Africa, beginning this […]
The strategy behind Buy Side from WSJ
Kayleigh Barber of Digiday interviewed Dow Jones & Co. chief revenue officer Josh Stinchcomb and Buy Side from WSJ head of content Leslie Yazel about the strategy behind the personal finance website. Here is an excerpt: Yazel: We have consumer goods that we’re selling and we also have personal finance advice, which we also can monetize. But at the heart […]
Reuters launches subscription business aimed at those making corporate decisions
Reuters is launching a new subscription research business called Reuters Insight that will be geared toward individuals making corporate strategy decisions, reports Sara Fischer of Axios. Fischer writes, “The new business unit becomes Reuters’ first-ever subscription business aimed at individuals rather than whole enterprises. The company’s previously announced subscription plan for its news site is in limbo […]
The Information is starting a social network for subscribers
Tech news site The Information is launching a social network for its subscribers, reports Sara Fischer of Axios. Fischer reports, “The new networking system, which rolls out this week, will include three core features: User profiles: Subscribers will be able to opt in to share fuller information about themselves, including whether they are interested in connecting about fundraising, […]
