Categories: OLD Media Moves

Tech blog acquired by SAY Media

SAY Media has acquired popular tech blog ReadWriteWeb for an undisclosed amount, reports Anthony Ha of Adweek.

Ha writes, “Founded in 2003 by Richard MacManus, ReadWriteWeb became one of the most-respected news sites in the tech world, establishing a voice that’s often more serious and in-depth than its competitors.

“At the same time, it never managed to overtake TechCrunch, the king of the Silicon Valley blogs, and traffic growth seems to have stalled — according to comScore, the site saw 766,000 unique US visitors last month, compared to 837,000 in November 2010. Also in November, the site’s best-known writer Marshall Kirkpatrick (who was the co-editor and vp of content) announced that he would be taking a reduced role so he could focus on his startup Plexus Engine.

“While ReadWriteWeb might seem a bit vulnerable, SAY Media president Troy Young says that with the acquisition, SAY’s tech sites (both those it owns and those that it sells advertising for) now reach 75 million million consumers every month. ‘I think [ReadWriteWeb] has a great audience of business influencers and decision-makers,’ Young says. ‘I think it has a point of view, really passionate editors, everything we look for in a property.’

“And if some rebuilding is necessary, SAY is already off to an impressive start. As part of the news, it’s announcing that former Business Insider editor Dan Frommer will be joining as editor-at-large. Frommer, like Kirkpatrick, is a tech journalist who couldn’t resist the lure of startups — he left Business Insider in July to launch his own tech blog, SplatF (which runs advertising from SAY).”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

WSJ’s Brown is leaving publication

Ken Brown of The Wall Street Journal is leaving the news organization. He is an…

3 hours ago

Jones will not seek another Dow Jones News Fund board term

Dow Jones News Fund President Brent W. Jones announced at the nonprofit journalism training organization’s…

3 hours ago

Bloomberg hires Clark to cover VC and startups

Jillian Ward, managing editor for U.S. technology at Bloomberg News, sent the following note to…

3 hours ago

Berke of STAT News on the importance of its coverage

Rick Berke, a co-founded and executive editor of STAT News, writes about the importance of…

3 hours ago

Maxwell joins Gizmodo as a tech reporter

Thomas Maxwell has joined Gizmodo as a tech reporter. He previously was at Business Insider covering…

8 hours ago

Banking Times acquires The New Fiver

Banking Times has acquired the domain name "The New Fiver" for an undisclosed amount, aiming…

23 hours ago