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 […]

TheStreet seeks markets and investing reporter/columnist

TheStreet.com seeks a highly experienced Markets and Investing Reporter/Columnist to generate real-time analytical articles for our subscription-based Web sites aimed at professional and semi-professional investors. Founded by famed market expert Jim Cramer, TheStreet.com and its subscription sites provide millions of investors with cutting-edge investment news and advice every day. Based at our Wall Street headquarters […]

TheStreet seeks a business and markets editor

TheStreet.com seeks an experienced Business and Markets Editor to help direct and edit our real-time coverage of markets, business news, investing and personal finance for our free and subscription-based Web sites. Founded by famed market expert Jim Cramer, TheStreet.com and its subscription sites provide millions of investors with cutting-edge investment news and advice every day. […]

TheStreet.com seeks a staff writer

TheStreet.com is looking for a reporter/writer who can identify the biggest trending stories in investments, markets, personal finance and business and consumer news and cover them on a real-time basis. The ideal candidate will be a business or markets reporter with two to five years or more of experience in a real-time news environment. The […]