Categories: OLD Media Moves

TheStreet extends contact with Cramer through 2021

Jim Cramer

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.

“The Company greatly benefits from the many contributions of our founder, Jim Cramer, the most recognized personality in financial media,” said CEO Dave Callaway in a statement. “Jim’s continued commitment to TheStreet is a strong validation of the positive direction the company is headed.”

Cramer, who also hosts “Mad Money” on CNBC, received $3.05 million in compensation in 2016 as part of an agreement that includes the licensing fee for use of his name and likeness, a royalty payment and reimbursement for certain expenses.

TheStreet’s shares rose 30 cents, or 32 percent, to $1.24 in Monday morning trading after the company reported earnings that beat Wall Street expectations.

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 union authorizes strike vote

Independent Association of Publishers’ Employees board authorized a strike vote to be conducted by its…

14 hours ago

SoCal News Group seeks an assistant biz editor

The Southern California News Group is seeking an assistant editor to help its jobs and…

15 hours ago

Tech reporter Krietzberg departs TheStreet for new opportunity

Ian Krietzberg, a tech reporter for TheStreet.com, is leaving for a new opportunity. He has…

15 hours ago

The problem with tech journalism

Timothy B. Lee writes in Asterisk magazine about why a lot of technology reporting is…

18 hours ago

WSJ names Douglass its deputy social strategy editor

Megan Douglass has been named deputy social strategy editor at The Wall Street Journal. Douglass previously…

19 hours ago

Business Insider’s Ridley joining The Female Lead

Business Insider's Louise Ridley is joining The Female Lead, the women's empowerment charity founded by Tesco Clubcard entrepreneur Edwina…

20 hours ago