Cramer signs new contract with TheStreet.com
TheStreet.com announced Tuesday it has entered into a new four-year agreement with Jim Cramer, the company’s co-founder and markets contributor. This agreement is one year longer than his previous contract, which was set to expire in December 2013. Cramer will continue his role as chief markets commentator for TheStreet.com, continue trading his multi-million dollar Charitable Trust portfolio at Action Alerts […]
A business news rollup strategy
Felix Salmon of Reuters argues that someone — he suggests Yahoo — could purchase Forbes, Business Insider, TheStreet.com and SeekingAlpha.com and create a financial news powerhouse. Salmon writes, “The companies are complementary in many ways. Forbes has a big ad-sales base, as well as a storied brand name, a large events business, and a valuable […]
TheStreet.com seeks digital editor
TheStreet.com is seeking a finance, technology and current events news writer to provide real-time coverage to a sophisticated audience. The news writer will be responsible for sifting through a deluge of financial information generated each day by corporations, lenders, government agencies, asset managers, debt/equity analysts and other financial news agencies to cull out items of […]
TheStreet.com CEO DeMarse discusses earnings
Here are excerpts from the Friday conference call by Elisabeth DeMarse, the CEO of TheStreet.com, discussing its earnings: Now that we’re beyond TheStreet’s reorganization period we anticipate that the company’s financial results will become more predictable, stronger and more clearly indicative of the value that exist within TheStreet. We are eagerly looking forward to a […]
TheStreet.com investor complains about Jim Cramer
Josh Kosman of The New York Post writes that an investor in The-Street.com claims the company’s co-founder and biggest name — TV stockpicker Jim Cramer — is the equivalent of an overpaid baseball slugger who has failed to deliver for shareholders. Kosman writes, “Private-equity firm Spear Point argued in its latest letter to the company’s […]
Business models and business journalism
The second panel discussion at Talking Biz News’ conference at the CUNY Graduate School of Journalism in New York invited those on the business end of journalism to talk about the model for making money and what the future may bring. The discussion touched on a variety of topics including pay walls for web sites, […]
The rebuilding of TheStreet.com
Arti Patel of Folio writes Tuesday about how CEO Elisabeth DeMarse has overhauled TheStreet.com’s operations. Patel writes, “DeMarse offered candid comments about downsizing her editorial staff and the expansion of TheStreet’s contributor content model. “‘When I came in, we went from 70 on staff to 15 and I filled in with the contributor content model,’ […]
TheStreet.com to sponsor “Nightly Business Report”
TheStreet.com announced Wednesday that it will sponsor “Nightly Business Report” for the fourth quarter, marking the company’s second sponsorship of the program this year. The sponsorship will span 65 episodes from Oct. 1 through Dec. 31, each featuring two 15-second funding credits at the beginning and end of the show. “TheStreet and ‘Nightly Business Report’ […]
The Deal launches new iPhone app
The Deal, which was acquired a year ago by TheStreet.com, announced Wednesday the launch of a new version of its iPad application and a new iPhone app. The apps provide news articles and video reporting from The Deal’s newsroom in addition to a new feature for the iPad app that offers information about the initial […]
TheStreet.com readers are the rich and affluent
Mike Arnold of Seeking Alpha writes Monday about TheStreet.com and how it seems to have found a growth model. Arnold writes, “TheStreet also points out that, comScore, an independent Web measurement company, ranked it first among financial media websites for delivering the difficult-to-reach mass affluent demographic. In particular, TheStreet ranked: #1 in Household Income over […]