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 […]
TheStreet hires personal finance columnist Powell
TheStreet.com announced Monday that personal finance columnist Robert Powell will join its newsroom to author a regular column and launch a new subscription retirement product. “Bob is the foremost personal finance and retirement journalist in America,” said TheStreet Chief Executive Officer David Callaway in a statement. “His voice is respected and followed throughout the retirement and […]
TheStreet hires two new editorial staffers
Financial news site TheStreet.com has hired two new editorial staff members. Binti Pawa has been hired as senior director of search engine optimization, working in the newsroom. Pawa came from Time, where she also had a senior SEO role before leaving earlier this year. She had been head of SEO for food, lifestyle and luxury. […]
TheStreet launches daily newsletter covering activist investors
The Deal, which is part of TheStreet.com, has launched a new daily newsletter called the Activist Daily. Led by senior editor, Ron Orol, the newsletter will cover the surging activity in activism and corporate governance in both the U.S. and Europe. It will cover the latest strategies in proxy fight insurgencies, and report on legislative and […]
