TheStreet CEO Callaway remains optimistic about journalism
David Callaway, the CEO of TheStreet.com, spoke with Paul Blanchard on the Media Matters podcast about his career in business journalism. Callaway said he grew up idolizing the lifestyle of journalists and found out in high school that he was a good writer. “I like the romanticism of it,” said Callaway, who was editor in […]
TheStreet.com seeks consumer reporter
TheStreet Inc., an award-winning financial media company, is seeking a reporter to join its consumer team. Based in New York, this writer will be part of a team responsible for covering all aspects of the consumer industry from retailers to restaurants. The right candidates will be enthusiastic about the beat, familiar with the basics of […]
TheStreet.com makes more layoffs
Financial news site TheStreet.com made more layoffs to its editorial staff, according to multiple sources. The cuts totaled 10 and included many senior, high-paying business journalists. It’s the second layoff in the past six months. In October, TheStreet also made some cuts on the editorial and business sides. The struggling financial news service has overhauled […]
Hedge fund takes aim at TheStreet.com
Hedge fund Spear Point has set its eyes on financial news service TheStreet.com after gaining a controlling take in news site Salon, reports Keith Kelly of The New York Post. Kelly writes, “‘We do think there is room for consolidation, especially in the smaller end of the market,’ said Ron Bienvenu, managing partner of New Orleans-based Spear […]
Activist investor seeks Salon stake to make run at TheStreet
An activist investor is seeking to purchase a controlling stake in Salon Media and use that to make a run at financial news site TheStreet.com, reports Keith Kelly of the New York Post. Kelly writes, “Spear Point would then use its control of Salon to make a run at Jim Cramer’s TheStreet.com, one person familiar […]
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), […]
The decline of TheStreet.com
Samanatha Masunaga of The Los Angeles Times writes about TheStreet.com, which could be delisted and closed at 84 cents a share on Wednesday. Masunaga writes, “By December 2007, TheStreet’s shares were still trading at $15.92. At the time, plenty of businesses were willing to pay to get financial information. “‘All the financial services did well,’ said […]
TheStreet receives delisting warning
Financial news site TheStreet.com received a warning that its stock will be delisted from NASDAQ if it is unable to raise the price above $1 in the next six months. In a Securities and Exchange Commission filing, the New York-based company said the minimum bid price of its stock on the NASDAQ has closed below $1 […]
TheStreet.com seeks senior data editor
TheStreet Inc. is seeking a Senior Data Editor to build and international team of data journalists. This entrepreneurial journalist will be tasked with creating news and special reports around unique data tied to board rooms and corporate cultures. This role will work across business units and multiple revenue streams as well as every area of the […]
Murphy promoted to editor in chief of TheStreet
Tara Murphy, who had been named managing editor of TheStreet.com earlier this year, has been promoted to editor in chief. The previous editor in chief, Jeffrey Kanige, lasted in the role less than a year and was laid off earlier this fall. In this expanded role, Murphy will lead editorial operations for the company’s portfolio of […]
