Maven, Cramer partner on TheStreet video channel
Maven is set to launch a new TheStreet video channel featuring single subject clips in partnership with Jim Cramer’s Cramer Digital, reports Melynda Fuller of Publishers Daily. Fuller reports, “TheStreet-branded channel, which lives on StreetLightning.io, features free, quick-hit 90-second videos focused on news, markets and trends in stocks, economic policy and industry sectors. The show is hosted by […]
Business journalist Mont dies after health problems
Business journalist Joe Mont, who worked for Compliance Week and TheStreet.com, has died. A Compliance Week story states, “He was an award-winning journalist who was twice ranked on Assent’s ‘Top 100 Conflict Minerals Influence Leaders’ list. “A graduate of Suffolk University, he began his 26-year journalism career at the TAB Newspapers, then became Editor in […]
Jim Cramer, TheStreet launch Bull Market fantasy channel
TheStreet, a division of Maven, is teaming up with Sports Illustrated Fantasy to launch Bull Market Fantasy with CNBC’s Jim Cramer. The channel, hosted on www.bullmarketmoney.com, will offer key insights, analysis, and tips for participating in fantasy sports. Users will also be able to share ideas with the online community and ask questions of Cramer […]
Deal for TheStreet closes, Cramer to continue
Maven closed its acquisition of TheStreet Inc. on Thursday for $16.5 million in cash. As part of the closing, Maven and TheStreet co-founder Jim Cramer announced a new partnership between TheStreet and Cramer Digital, a new production company featuring the digital rights and content created by Cramer and his team. The partnership will allow Cramer […]
TheStreet.com is being sold to The Maven for $16.5 million
Financial news site TheStreet.com has agreed to a deal where it will be acquired by The Maven Inc. for $16.5 million. The Maven is a group of media brands operating on a shared digital publishing, advertising, and distribution platform. Based in Seattle, Maven is publicly traded. “This is a good outcome for TheStreet’s shareholders,” said […]
TheStreet CEO: We published more articles with fewer staff
TheStreet.com chief executive officer Eric Lundberg made the following comments during its first-quarter earnings conference call on Tuesday: We continue to work to maximize the efficiency of the newsroom. In fact, we have published the same number of stories in the stub period compared to the same period last year and up substantially from Q4 […]
TheStreet reports a first-quarter loss, misses on revenue
Financial news company TheStreet.com reported a first-quarter loss and revenue that missed analyst expectations. The New York-based company reported a net loss from continuing operations of $5.1 million, or 99 cents per share, compared to a net loss from continuing operations of $2.2 million, or 44 cents per share in the first quarter a year […]
TheStreet does reverse stock split, cash distribution
Financial news site TheStreet.com has issued a special distribution to its shareholders and also implemented a reverse stock split. TheStreet declared a special cash distribution of $94.3 million, or $1.77 per share. In addition, the board approved a 1-for-10 reverse stock split of TheStreet’s common stock. The bulk of the cash for the distribution is […]
TheStreet CEO Lundberg: Subscriptions up almost 7% in 2018
TheStreet.com chief executive officer and chief financial officer Eric Lundberg made the following comments during the company’s earnings conference call on Tuesday: Those of you that follow our company closely already know that premium subscription revenue is approximately 70% of our total consumer revenue and net bookings, conversion rates, renewal rates, subscriber count and deferred […]
TheStreet reports a fourth-quarter loss
Financial news service TheStreet.com reported a fourth-quarter loss that was worse than expected, but its revenue topped projections. The New York-based company reported a net loss of $6.8 million, or 14 cents per share, compared to a profit of $26.5 million, or 60 cents per share, in the same quarter a year ago, primarily due […]
