How Industry Dive grew into an $80 million business

William Turvill of the Press Gazette profiles Industry Dive and interviewed its founder, CEO Sean Griffey, about its growth. Turvill writes, “Of course, time and patience weren’t all that was required to establish Industry Dive’s titles across numerous sectors. “When the company started out, Griffey says he and his team focused on creating websites that would […]

How virtual events has paid off for TechCrunch

Mark Stenberg of Adweek writes about how going to virtual events for all of 2021 has paid off for tech news site TechCrunch. Stenberg writes, “The Yahoo-owned publisher is on track to record its best year of revenue in company history, an achievement in which its lucrative events business played a sizable role, said Joey Hinson, […]

Media company Stacker providing biz news stories and data to newspapers

A data-driven media company called Stacker is offering a localized wire service that provides business news content to news organizations around the country. News outlets have relied on syndicated partner content to augment original reporting, fill coverage gaps, and keep audiences engaged. Traditional wire services such as The Associated Press, Reuters, and Tribune Content Agency […]

Does Forbes have the size to be successful as a public company?

Aaron Elstein of Crain’s New York Business writes about Forbes’ plan to go public. Elstein writes, “The big idea behind Forbes’ proposed turn as a public company is transforming it into a licensing company. “It’s not a new idea. Forbes succeeded back in the day because ownership picked sharp editors, like Michaels, while marketing itself as […]

How Forbes’ different businesses produce revenue

Sara Guaglione of Digiday has a breakdown of the financial performance of the different business units at Forbes as it prepares to go public. Guaglione writes, “This year, Forbes is projected to generate $138 million in media revenue (up 5% year over year), $47 million in brand extensions revenue (up 19% year over year) and $16 […]

How Quartz is using membership to fund journalism

Aisha Majid of The Press Gazette writes about how Quartz is using a membership model to fund its journalism. Majid writes, “While on the face of it Quartz’s membership programme might more closely resemble a subscription (the content is behind a paywall), Frick says that the publication’s relationship with readers is more than just transactional. “‘The […]

New Arkansas Business EIC: Our mission won’t change

Lance Turner, the new editor of Arkansas Business, writes about taking over the top spot of the publication after helping start its website in 2000. Turner writes, “I tagged along with Hankins and Brent Birch, our newly hired chief information officer, to regular meetings with Aristotle, the Little Rock web design firm that built the first […]

FT to open bureau in Hollywood

The Financial Times plans to open a bureau in Hollywood as part of its U.S. expansion plans, reports Sara Guaglione of Digiday. Guaglione reports, “The FT is targeting “global Americans” or those involved in an industry or sector that is ‘global in scale,’ such as finance, energy and tech, Spiegel said. Or Americans that have […]

How the WSJ’s events business has thrived

Jacob Granger of Journalism.co.uk explores how The Wall Street Journal’s events business thrived during the pandemic. Granger writes, “The Wall Street Journal (WSJ) has been setting up virtual events throughout the pandemic to bolster its editorial coverage as well as to expand its pool of 2.5m digital subscribers. “The Future of Everything Festival is one of its […]

What’s behind Business Insider’s subscription strategy

Jacob Granger of Journalism.co.uk examined the subscription strategy of Business Insider. Granger writes, “The news publisher does have a distinctly decluttered look to its articles. More than that though, Oran says reporters are encouraged to be ‘edgy’ and tell stories as if ‘they are explaining something to a friend at a bar.’ “Jargon is a turn […]