Tuesday, October 4, 2011
TheStreet and GateHouse Media Enter Strategic Content-Distribution Agreement
TheStreet to Power National Business, Personal Finance, and Financial Markets Coverage for More Than 100 Properties in the GateHouse Media Network
NEW YORK - Tuesday, October 4th 2011 [ME NewsWire]
(BUSINESS WIRE)-- TheStreet, Inc.(Nasdaq: TST(TheStreet)), a leading digital financial media company, and GateHouse Media, Inc. (GHSE), a leading multi-media company providing news and information to local communities, today announced that they have entered into a strategic alliance whereby TheStreet will provide certain digital content to more than 250 websites in the GateHouse Media network. TheStreet publishes over 3,000 original articles and 500 unique videos each month comprehensively covering national business, personal finance and financial markets. As part of this agreement, TheStreet’s award winning content will be available for GateHouse Media to integrate into their local business coverage, offering a more enriching experience for GateHouse Media’s visitors.
“Partnering with GateHouse Media is a pivotal expansion of TheStreet’s syndication strategy, which combines outstanding national and local business news to offer custom solutions for each market,” said Daryl Otte, CEO of TheStreet. “Combining our depth and breadth of financial coverage with GateHouse’s strong presence in the local markets they serve will enhance the digital growth strategies of both companies and solidify TheStreet in its position as the Internet’s Business Section, reaching a highly targeted, unduplicated, engaged and affluent audience.”
Michael E. Reed, Chief Executive Officer of GateHouse Media, said "We are thrilled to be partnering with TheStreet. Adding content from TheStreet to our websites will enhance the overall news and information we offer our more than 14 million unique visitors per month. This relationship will vastly expand, in real-time, our personal finance and national and regional business coverage for our readers, as well as provide targeted advertising opportunities for our advertisers."
About TheStreet, Inc.
TheStreet, Inc. is a leading digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands include: TheStreet, RealMoney, RealMoneyPro, Stockpickr, Action Alerts PLUS, Options Profits, ETF Profits, Chat on TheStreet, MainStreet and Rate-Watch. For more information on TheStreet’s business, visit www.t.st. For financial and business news, actionable trading ideas, stock quotes and more, visit TheStreet.comvia your web browser, follow TheStreet on Facebookand Twitter, visit TheStreet.mobifrom your mobile device and access TheStreet through all major tablet platforms.
About GateHouse Media, Inc.
GateHouse Media, Inc., headquartered in Fairport, New York, is one of the largest publishers of locally based print and online media in the United States as measured by its 79 daily publications. GateHouse Media currently serves local audiences of more than 10 million per week across 21 states through hundreds of community publications and local websites. GateHouse Media is traded in the over-the-counter market under the symbol “GHSE.”
For more information regarding GateHouse Media please visit www.gatehousemedia.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50016452&lang=en
Contacts
On behalf of TheStreet, Inc.
Press:
Cindy Sperling, 212-321-5008
cindy.sperling@thestreet.com
Investor Relations:
Erica Mannion, 212-321-5234
ir@thestreet.com
On behalf of GateHouse Media, Inc.
President and Chief Operating Officer
Kirk Davis, 617-786-7011
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