TheStreet to pay Cramer at least $2 million royalty, $300,000 license fee
Financial news site TheStreet.com will pay cofounder Jim Cramer an annual royalty fee no less than $2 million and an annual $300,000 license fee as part of his new four-year contract, according to a filing Monday with the Securities and Exchange Commission. In addition, Cramer will receive 1 million shares of restricted stock that he […]
TheStreet extends contact with Cramer through 2021
Financial news site TheStreet.com has signed a new contract with Jim Cramer for another four years at an undisclosed amount. The new contract takes effect Jan. 1, 2018 and will expect Dec. 31, 2021. Cramer, who is one of TheStreet’s co-founders, provides commentary and analysis for the site and for some of its subscription products. […]
Cramer survives shareholder uprising at TheStreet
Jim Cramer, the perspicacious host of CNBC’s “Mad Money” and the co-founder of The Street.com, has survived an uprising by a disgruntled shareholder at his financial news company, reports Keith Kelly of the New York Post. Kelly writes, “But shareholders at last week’s annual meeting sided with The Street’s nominees over Cannell’s people. “But that doesn’t mean […]
Should TheStreet part ways with Jim Cramer?
Thomas Niel on Seeking Alpha writes that financial news site TheStreet.com should consider distancing itself from Jim Cramer when his contract expires this year. Niel writes, “At much higher valuations, TheStreet attracted the attention of two activist investors (Cannell Capital and Spear Point Capital). Despite very interesting campaigns (which entailed some hilarious letters to management), […]
How Jim Cramer got to where he is
Adam Carlson and Emily Strohm of People magazine profile CNBC anchor Jim Cramer in the latest issue. Carlson and Strohm write, “That led to a career in money management, which led to Goldman Sachs and then to CNBC. Cramer credits his success to his hunger and perseverance – and luck. “‘I was able to use […]
Portrayed by Clooney, Cramer’s picks underperform market
“Mad Money” host Jim Cramer‘s charitable fund — a personal stock portfolio he co-manages that TheStreet.com, which he co-founded, has built a subscription service upon — shows he doesn’t beat the market, reports Jennifer Booten of MarketWatch.com. Booten writes, “The Wharton researchers released the report Friday to coincide with the release of the new film ‘Money Monster,’ which […]
WSJ named most influential biz news outlet; Sorkin is most influential biz journalist
The Wall Street Journal remains the most influential financial news organization in the country for the third year in a row, according to survey results released Wednesday. The Journal was nominated as the most influential news organization by 85.4 percent of the more than 400 financial journalists who responded to the survey. That’s up from […]
Cramer paid $3.05 million by TheStreet in 2014
Financial news site TheStreet.com paid co-founder Jim Cramer a total of $3.05 million in 2014, according to the company proxy statement filed with the Securities and Exchange Commission. Cramer was guaranteed a royalty fee of $2.5 million for the year. The total includes a $300,000 licensing fee for use of his name and likeness, the […]
Cramer, TheStreet launch business journalism fellowship program
TheStreet.com co-founder Jim Cramer and the financial news site are launching a business journalism fellowship program. The Jim Cramer Business Journalism Fellowship is a six-month intensive journalism training program aimed at providing digital journalism training to early career professionals interested in business news. Jim Cramer fellows will work at TheStreet alongside our editorial team to […]
Cramer: “Real Money” should be educational and accessible
Jim Cramer’s “Mad Money” show on CNBC is celebrating its 10th anniversary this week, and Thursday’s show will have a live audience. The show typically features guest interviews, viewer calls and the opinions of Cramer himself about specific stocks and other investments. In 1996, Cramer helped found TheStreet, a financial media website for individual and […]
