TheStreet.com and The Deal celebrate one year together
TheStreet.com staff celebrated Thursday its one-year anniversary of its acquisition of The Deal, a mergers and acquisitions news operation, with cupcakes in the newsroom. Pictured are chief executive officer Elisabeth DeMarse with head of video Ruben Ramirez. The acquisition cost TheStreet $5.8 million, and it shut The Deal’s print magazine operations, resulting in some layoffs. […]
TheStreet.com beefs up its video team
TheStreet.com announced Wednesday some new additions and appointments to the video team, which is led by Ruben Ramirez. Mark Sugarman has joined as video creative director, while Sophie Bearman and Jeremy Jennings have joined as associate producers. Daniel Lebo has been appointed to a new role as video optimization manager. The team is responsible for […]
Why leave CNBC for TheStreet.com?
Herb Greenberg writes about his decision to leave business news network CNBC and return to financial news site TheStreet.com. Greenberg writes, “The decision to leave CNBC was a tough one — as emotionally difficult as when I decided to leave the my 10-year gig as a daily business columnist at The San Francisco Chronicle for […]
Greenberg rejoining TheStreet.com
TheStreet.com announced Thursday that business journalist Herb Greenberg has rejoined the company. Greenberg, a senior stocks commentator on CNBC, will serve as editor of Herb Greenberg’s Reality Check, a subscription newsletter designed to help investors better manage risk; write a daily blog for TheStreet’s main free site and contribute to Real Money’s “Columnist Conversation.” He also will remain […]
TheStreet reports improvement in revenue and earnings
Financial news site TheStreet.com reported second-quarter results that saw revenue increase 8 percent year over year, as its subscription business showed strong growth. A story on its website states, “Revenue for the second quarter was $13.5 million, a rise of 8% annually, and 7.2% sequentially, as subscription revenue rose 23.4% year over year. The company […]
Fighting to turn around TheStreet.com
Matthew Kassel of The New York Observer writes about Elisabeth DeMarse, the CEO brought in to revise TheStreet.com. Kassell writes, “Ms. DeMarse came to TheStreet at the behest of Woody Marshall of Technology Crossover Ventures, a large shareholder in the company. After a little more than a year on the job, Ms. DeMarse has imbued […]
TheStreet.com shareholder: We will go to other investors
Mark Waller of The Times-Picayune got in touch with the New Orleans-based investment company that wants to acquire TheStreet.com and found them settling in for a long fight. Waller writes, “That might be what Perkin and Bienvenu will seek to do with at least some of the operations of TheStreet through their new partnership, which […]
Investor pushes TheStreet.com to consider a sale
Maureen Farrell of CNNMoney.com is reporting that one investor wants to put TheStreet.com in play and is setting itself up as one of the bidders. Farrell writes, “Private equity firm Spear Point, which holds a 2% stake in the company, wants TheStreet to hire an outside financial adviser to weigh a number of options. Spear […]
TheStreet.com CEO received $1.3 million in 2012; Cramer received $1.47 million
Elizabeth DeMarse, who became president and chief executive officer of TheStreet in 2012, received more than $1.3 million on total compensation during her first year on the job. More than $830,000 of that compensation was in the form of stock options, according to the proxy statement filed Tuesday by the online financial news company. DeMarse […]
TheStreet redesigns iPhone and iPad apps
TheStreet has redesigned its free Apple iPad and iPhone applications. Key features include: Actionable and insightful stock market news and commentary from TheStreet’s leading experts, including Jim Cramer, Stephanie Link and Doug Kass; Expanded video reporting from TheStreet’s new studios located across the New York Stock Exchange; Robust charting, market and fundamental data; Rapid downloading […]
