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Posts Tagged ‘TheStreet.com’

TheStreet Gets New CEO

TheStreet has appointed Elisabeth DeMarse as chief executive officer and president, effective today.  She is also joining the company’s board of directors.

“We are thrilled to announce that Elisabeth will be leading the company in the next phase of its growth,” said Woody Marshall, chairman of TheStreet.  “Elisabeth is an ideal fit for this key role at the company – a highly experienced and tremendously skilled digital media executive with a deep background in the financial information vertical.  We look forward to Elisabeth providing both strategic vision and a proven ability to execute, and taking TheStreet to a new level of success.”

DeMarse previously served as CEO of Bankrate and CreditCards.com after a long career at Bloomberg.

“TheStreet has a fantastic collection of assets,” said DeMarse.  “It is a pioneer in the field with a strong and recognized brand and has a unique position as a nimble, independent, purely digital player in a high-value media vertical.   The demand for trusted financial information, news and advice has never been stronger. TheStreet’s strong balance sheet, plus the favorable operating characteristics of the subscription and media models, are a winning platform for growth and delivering shareholder value.”

“I’d also like to express again our appreciation to Daryl Otte, who has served as our chief executive officer since 2009 and as a director since 2001,” added Marshall.  “In the past three years, Daryl has put in place many of the foundations for the company’s future growth, and we wish him well.”

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NYMag.com, “MediaBytes” Share Video Content With 1Cast

NY Magazine.jpg

1Cast, the broadcast platform that delivers video clips to phones and desktops, today announced a partnership with NYMag.com and Shelly Palmer‘s “MediaBytes.”

New York magazine’s Web site and Palmer have agreed to share their daily video programming with the 1Cast library, making all of their content available to people who use the 1Cast service. (Check out a screenshot of the NYMag.com interface on 1Cast above.) 1Cast also today announced partnerships with financial news providers New York Financial Press and TheStreet.com.

NYMag.com will provide its daily clips about fashion, restaurants and culture through the site, while Palmer’s two-minute “MediaBytes” clips will offer tecnology, media and entertainment news and opinions.

“NYmag.com has built a growing database of cutting edge fashion, food, news, and culture content that is consumed by more than 5.5 million unique visitors per month on our site,” said Serena Torrey, New York Media’s executive director of business development. “By working with 1Cast, we’ll be able to make our videos, and our brand, available to an even wider audience over multiple platforms.”

“I’ve been working in TV for a long time and it’s clear that when news happens now it’s everywhere — on TV, on Twitter, on Facebook,” added Palmer, who hosts of “MediaBytes” and serves as managing director of Advanced Media Ventures Group. “Offering ‘MediaBytes’ to this always on generation takes many forms, and expanding distribution to online and mobile platforms suits both our audience and our own sensibility.”

Related: New NYMag.com Feature Product Of New Media Deals

Another Portfolio Veteran Finds A Home

portfolio.pngJesse Eisinger, the Wall Street editor of now-defunct Portfolio has happily landed on his feet. Starting next month, Eisinger will join nonprofit investigative outfit ProPublica‘s newsroom as senior reporter.

Before joining Portfolio, Eisinger worked at The Wall Street Journal where he founded two columns about the stock market: “Long & Short,” which ran weekly, and the daily “Ahead of the Tape.” While at the Condé Nast magazine, which folded in May, Eisinger wrote the November 2007 cover story “Wall Street Requiem,” which predicted the downfall of doomed investment banks Bear Stearns and Lehman Brothers months before their implosions.

Eisinger has also worked at TheStreet.com and Dow Jones. Full release after the jump.

Earlier: Portfolio.com Blogger Moving On

Related: What’s Next In Citizen Journalis: 4 Questions For ProPublica’s Amanda Michel

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Huffington Post Expands Business Side With Two New Positions

huffpost.jpgAs other media companies contract, the Huffington Post continues to expand, and its adding people who can bring in more money to fund its expansion.

Today, the online pub announced that its had added a CFO, Eric Ashman, formerly CFO at TheStreet.com. Additionally, HuffPo said ex-Elle associate publisher Samantha Fennell will be joining its sales team as executive director.

In his newly created position, Ashman will be “responsible for the overall direction, coordination and administration of all financial strategies, policies and controls,” for the Huffington Post, the company said in an announcement. Thanks to his work at The Street.com, Ashman has experience with acquisitions and raising money from private equity, skills that will come in handy at HuffPo.

“His strong financial background is an important addition to our senior management team, especially at this moment in HuffPost’s development as we extend our brand and expand our business,” said Arianna Huffington.

Meanwhile, Fennell is being tasked with targeting fashion and luxury marketers — no easy job in today’s economic climate. Her position, also newly created, will focus on leveraging HuffPo’s content expansion, including its Style section, the company said. Her previous work at Elle, as well as eight years of experience at Conde Nast, including a stint at Vogue, have hopefully prepared Fennell for this undertaking.

Full releases after the jump

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Reuters Brings On Three New Columnists

reuters.pngReuters is filling out its commentary team by bringing on three new columnists — Agnes Crane, Matthew Goldstein and Christopher Swann.

Crane, formerly an editor at Dow Jones Newswires, led a team covering the credit markets and debt instruments.

Wall Street reporter Goldstein is joining Reuters from Businessweek, where he launched the magazine’s Unstructured Finance blog. He has also previously worked at TheStreet.com, SmartMoney.com, Crain’s New York Business and The New York Law Journal.

Swann previously covered the International Monetary Fund, the World Bank and the U.S. Treasury for Bloomberg News, and worked for the Financial Times for nine years before that.

The three columnists will be joining Reuters later this month and early next month.

Full release after the jump.

Earlier: Reuters Appoints International Commentary Editor

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