TheStreet.com posts loss, but revenue rises
The financial website TheStreet.com reported Wednesday a net loss of $1.7 million in the second quarter while delivering its highest revenue total in nearly three years. Michael Baron of TheStreet.com writes, “The New York-based online financial news provider on Wednesday reported revenue of $15.1 million from its ongoing businesses in the latest quarter, as both […]
Biz media fails to provide Icahn context
TheStreet.com media critic Marek Fuchs comments about how the business media doesn’t mention corporate raider Carl Icahn’s mixed record of investing in companies.
Investment newsletters and how they manipulate comparisons
In his column from Saturday, the Wall Street Journal‘s Jason Zweig smacks a few news organizations for bogus reporting of their stock-picking performance — including The Street.com and MarketWatch.com. The criticism is interesting because The Journal and Marketwatch are both owned by News Corp. The trick many are playing is tracking their stock-picking performance including […]
Rapping Gap coverage on the knuckles
TheStreet.com media critic Marek Fuchs thinks that some business media were too soft in their coverage of retailer Gap cutting its earnings projections.
Cramer is the big bang of financial blogging
Barry Ritholtz, commenting on the New York Times Magazine piece about CNBC “Mad Money” host Jim Cramer, notes that a lot of business journalists owe their careers to him because of his co-founding of TheStreet.com. Ritholtz writes, “You may not know this, but TheStreet.com was a factory that churned out award winning journalists and market […]
TheStreet.com CEO discusses 1Q results, touts journalism standards
Daryl Otte, the CEO of TheStreet.com, talked on a conference call about the financial news site’s first quarter financial results. The company reported revenue of $14.1 million in the quarter, up 7 percent from the same quarter in 2010. There was a net loss of $2.6 million compared to a net loss of $1.4 million […]
TheStreet.com CEO: Customers will pay for content
Brandon Gutman of Forbes.com interviewed TheStreet.com CEO Daryl Otte, who spoke about the financial news site’s strategy to boost readers and revenue. Here is an excerpt: Why is TheStreet becoming more successful at attracting advertisers beyond financial services? Our users are affluent, educated professionals, and they are deeply engaged in the content we produce — […]
Rebuilding TheStreet
Matthew Flamm of Crain’s New York writes Sunday about the overhaul at TheStreet.com, which includes de-emphasizing co-founder Jim Cramer and changing its name to simply TheStreet. Flamm writes, “In the past year, under CEO Daryl Otte, it has also downsized Mr. Cramer’s presence on its home page and removed him from the chairman’s seat—moves aimed […]
TheStreet.com and Journal Register Co. strike content sharing agreement
Financial news site TheStreet.com and media company Journal Register Co. have entered into an agreement where the two will share content. Terms of the agreement were not disclosed. TheStreet.com will provide national business, financial markets and personal finance content to the Journal Register’s newspapers and websites, while the Journal Register’s media properties will provide local […]
TheStreet.com strikes content deal with Ohio paper
TheStreet.com has agreed to provide business and financial news to the Lorain Morning Journal, a newspaper in Ohio. A brief on the newspaper’s website states, “This partnership allows The Morning Journal and MorningJournal.com to deliver more robust and extensive content to our audience. “From detailed analysis of stocks, bank and mortgage rates to extensive coverage […]
