Sozzi promoted to executive editor at TheStreet

Brian Sozzi has been promoted to executive editor at TheStreet.com, according to his LinkedIn profile. In an email to the staff, chief executive officer David Callaway wrote, “Brian’s done a fine job taking control of the newsroom and I couldn’t think of anyone with more energy and drive to push us forward next year with our new strategy […]

What’s behind TheStreet’s strategy shift

Max Willens of Digiday writes about the change in focus at TheStreet.com after it laid off 10 employees last week. Willens writes, “TheStreet’s hunt for consumer revenue comes at a moment when newsroom morale is at its nadir after years of layoffs and a perceived lack of clear editorial direction, according to some of the former […]

TheStreet makes 10 more editorial layoffs

Financial news organization TheStreet.com laid off 10 more editorial employees on Friday. Chief Executive Officer David Callaway said that the move was due to the company’s planned shift toward more paid products in the future. “This is a result of that,” said Callaway, who declined to state how many journalists left the company, or which […]

TheStreet to pay Cramer at least $2 million royalty, $300,000 license fee

Financial news site TheStreet.com will pay cofounder Jim Cramer an annual royalty fee no less than $2 million and an annual $300,000 license fee as part of his new four-year contract, according to a filing Monday with the Securities and Exchange Commission. In addition, Cramer will receive 1 million shares of restricted stock that he […]

TheStreet newsroom will focus on premium content in 2018

Here are comments that TheStreet.com chief executive officer David Callaway made Monday on its earnings conference call: A series of tech enhancements and some new important vendors starting to come online in the next few months will help us shift to a major focus on premium in the newsroom in coming months and should help […]

TheStreet extends contact with Cramer through 2021

Financial news site TheStreet.com has signed a new contract with Jim Cramer for another four years at an undisclosed amount. The new contract takes effect Jan. 1, 2018 and will expect Dec. 31, 2021. Cramer, who is one of TheStreet’s co-founders, provides commentary and analysis for the site and for some of its subscription products. […]

TheStreet reports earnings that beat expectations, shares up 36 percent

Financial news company TheStreet.com reported third quarter earnings that beat analyst estimates and an increase in revenue, although the revenue missed Wall Street expectations. The New York-based company reported net income of $189,869, or 1 cent per share, up from a loss of $1.2 million, or 3 cents per share, in the third quarter of […]

TheStreet stock price is back above $1

Financial news site TheStreet.com has seen its stock price climb back above $1 per share, reports Keith Kelly of the New York Post. Kelly writes, “The Street was being threatened since mid-June with delisting by Nasdaq because its share price had dipped below $1 for more than 30 straight days. “As a result, it was removed from […]

Ramirez, formerly with TheStreet, hired by PR firm

Business television journalist Ruben Ramirez, previously assignment editor and head of video content at TheStreet.com, was hired by a San Francisco-based public relations firm as an account director. Ramirez had been laid off by TheStreet earlier this year. His new employer is Bospar, which specializes in public relations for tech firms. He will be located in New […]

Why TheStreet wants to be more of a data-driven organization

Simone Flueckiger of the World Association of Newspapers and News Publishers interviewed TheStreet.com CEO David Callaway about his plans to remake the financial news company. Here is an excerpt: WAN-IFRA: You said you wanted to turn TheStreet into more of a data-driven organisation. What were some of the major things that had to change? Callaway: When most newsrooms […]