TheStreet.com targeted by activist investor as CEO steps down
TheStreet.com, which today announced that CEO Daryl Otte is stepping down, is under attack by an activist investment fund called FiveT Capital, reports Eric Savitz of Forbes. Savitz writes, “The Zurich-based fund, run a German investor named Johannes Minho Roth, has acquired a 6.3% stake in the company. FiveT disclosed the stake in a form […]
A new business news term?
TheStreet.com‘s top headline for the unified central bank action taken Wednesday morning coins a new word. Is this something that your media organization would use as well?
WSJ’s coverage of AT&T beats that from NYT
TheStreet.com media critic Marek Fuchs thinks that The Wall Street Journal did a better job than The New York Times in covering news from AT&T during the Thanksgiving break.
TheStreet.com plans to become the Internet business section
Daryl Otte, the CEO of TheStreet.com, discussed the financial news information company’s strategy of providing its content to other media providers during the company’s earnings conference call on Wednesday. Otte said: TheStreet sites performed well in terms of user engagement as measured by time per visit for the quarter, ranking among the top of the […]
There are jobs in business journalism
TALKING BIZ NEWS EXCLUSIVE Business journalism organizations are hiring despite the gloom in the media organization, according to a panel of recruiters and editors on Friday. “We’ve had a good growth story over the last several years,” noted CNNMoney executive editor Chris Peacock, adding that his staff was at 25 seven years ago but now […]
TheStreet.com and Gatehouse Media strike content deal
TheStreet.com announced that it has reached a deal to provide its investing and personal finance content to GateHouse Media newspapers. TheStreet, which publishes more than 3,000 original articles and 500 unique videos each month, will make its content available for GateHouse Media to integrate into its local business coverage. “Combining our depth and breadth of financial coverage with GateHouse’s strong […]
Memoirs of a markets reporter
Chao Deng, who covers the markets for TheStreet.com, writes Monday for Columbia Journalism Review about the experience. Deng writes, “I wanted a beat with broader appeal. And sure enough, less than three months after the switch, page-views on my stories were soaring. My new-found popularity wasn’t because I had suddenly became a brilliant writer. It […]
TheStreet.com strikes content deal with Freedom
TheStreet.com has struck a deal with Freedom Communications, which owns newspapers and television stations across the country, to provide its personal finance and investing content to Freedom’s media operations. Under the agreement, TheStreet will provide the national business, financial markets and personal finance coverage at Freedom Communications’ major online news sites and print publications, which […]
TheStreet.com strikes content deal with Metro Daily
Metro, a free daily newspaper in New York, said Tuesday that it has entered into a content partnership with financial media company TheStreet Inc. An Associated Press story states, “The partnership calls for TheStreet’s personal finance, markets and business news content to be integrated with Metro’s local business content in print and online. “Financial terms […]
Biz media talk out of both sides of mouth with Lowe’s, Home Depot
TheStreet.com media critic Marek Fuchs takes on the business journalists who used lower earnings from hardware store chain Lowe’s as evidence of a slowing economy, but then found other reasons as to why rival Home Depot beat expectations.
