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词条 Mic (media company)
释义

  1. History

  2. Content

  3. Funding and revenue

  4. References

  5. External links

{{short description|American internet and media company}}{{Use mdy dates|date=November 2017}}{{Infobox website
| name = Mic
| logo = Mic-logo.png
| logo_size = 120px
| parent =
| type = News
| foundation = {{start date and age|2011}} (as PolicyMic)[1]
| launch_date =
| founder = Chris Altchek
Jake Horowitz
| location_city = New York City, New York
| location_country = U.S.
| area_served =
| key_people =
| owner = Bustle Digital Group
| num_employees =
| url = {{url|mic.com}}
| website_type =
| language = English
| advertising =
| registration = Optional
| current_status = Active
| screenshot =
| alexa = {{decreasePositive}} 12,066 ({{as of|2018|09|08|alt=September 2018}})[2]
}}Mic is an American internet and media company based in New York City that caters to millennials.[3][4] Originally known as PolicyMic, it rose to prominence after its on the ground coverage of the Tunisian Revolution.[5][6] In April 2014, the company reached 19 million unique monthly visitors.[7] On November 29, 2018, Mic laid off the majority of their staff—60-70 people[8]—after Facebook canceled a deal to publish a news video series.[9]

History

Mic was founded in 2011 as PolicyMic by Chris Altchek and Jake Horowitz, two high school friends from New York.[5] In 2014, the company announced they would re-brand their organization to target millennials, renaming themselves as "Mic".[10]

Mic's news director, Jared Keller, was fired in February 2015 after the blog website Gawker found various levels of plagiarism in 20 different passages of his work.[11] In March 2016, Mic acquired curated video app Hyper as well its developer, AntiHero.[12]

Current advisors to the company include David Shipley, executive editor of Bloomberg View and former op-ed page editor at The New York Times, and Jacob Lewis, the former managing editor of The New Yorker.[13] Allison Goldberg, senior vice president of Time Warner Investments, joined Mic's board of directors in April 2017.[15]

Mic senior reporter Jack Smith IV was fired in September 2018 after several sexual misconduct accusations against him were published on Jezebel.[14]

On November 29, 2018, a majority of the staff were laid off after Facebook canceled a video deal with the company.[9] Altchek notified staff during an all-hands meeting, saying that "Facebook caught us by surprise at a really bad time" and that "The majority of the teams including people, finance, HR, productions, video, editorial, marketing, revenue and executive team will be departing, effective today."[15] The same day, Mic was sold to Bustle Media Group for less than $5 million, which was a fraction of the "hundreds of millions" that Altchek said the site was worth in 2017.[8]

Content

Since 2018, Mic has produced video content covering social justice and progressive issues, described as "serious issues important to young people",[16] distributed through the Mic website and through social media. This content is supplemented with advertorial videos produced for clients.[21]

Writing for Forbes in 2014, Abe Brown described PolicyMic's style as hyperbolic, with a mix of serious analysis of issues and attention-seeking listicles. Brown grouped the site with Upworthy, Buzzfeed, and BusinessInsider as opposed to more conventional news media such as The New York Times and Washington Post.[5]

The site sometimes enlists politician and celebrity contributors; these have included Senator Rand Paul,[17] former Secretary of State Condoleezza Rice,[18] Senator Kirsten Gillibrand[19] and radio host Daisy Rosario.[20] In December 2013, the White House worked with Mic on what was called an "Open Mic" competition to "make health care work for our generation".[21][22][23]

Funding and revenue

Mic generates revenue through advertising known as "branded content". Digiday.com reported in November 2014 that "brands like Microsoft, Cole Haan, Cadillac and most recently GE have all tapped Mic in the last few months in the hopes of using its millennial expertise to reach the site's audience of educated 20-somethings".[24]

The New York Observer positively reacted to the company's financial practices in 2014, saying that Mic had not made a profit and "is in the increasingly rare habit of actually paying each one of its contributors".[25]

As of April 2017, the company had raised $52 million[26] in funding from investors, including Lightspeed Venture Partners, Lerer Ventures, Advancit Capital, Red Swan Ventures, The John S. and James L. Knight Foundation,[27] Time Warner Investments, Kyu Collective and You & Mr Jones.[26] The company has not disclosed its valuation,[7] though The Wall Street Journal reported in April 2017 that it was “in the range of the ‘mid hundreds of millions’ of dollars.”[26]

The company laid off several employees in late 2017, as did other digital media companies.[28] Inconsistencies in tracking viewer numbers, changes in Facebook's algorithms and advertising rates, and an overemphasis on search-friendly text stories were all cited as partial reasons.[28][29] The company shifted business models, with less content being produced overall in favor of longer-form video journalism covering social justice and progressive causes. Business Insider cited the company's strategy as an example of the "pivot to video" idea common among digital media companies during that time.[28]

References

1. ^{{cite web|url=http://whois.domaintools.com/policymic.com|title=PolicyMic.com WHOIS, DNS, & Domain Info - DomainTools|work=WHOIS|date= |accessdate=July 5, 2016}}
2. ^{{cite web|url= http://www.alexa.com/siteinfo/mic.com |title= mic.com Site Overview | publisher= Alexa Internet |accessdate= September 8, 2018 }}
3. ^{{cite web|url=http://fortune.com/2015/06/02/mic-millennial-powerhouse/|title=Mic's plans to become a millennial media powerhouse|publisher=Fortune}}
4. ^{{cite web|url=http://www.fox5ny.com/news/151550212-story|title=Mic: Media company for millennials|publisher=Fox5NY.com}}
5. ^{{cite web|url=https://www.forbes.com/sites/abrambrown/2014/01/06/the-media-startup-getting-20-year-olds-to-talk-about-more-than-cat-pictures/|title=The Media Startup Getting 20-Year-Olds To Talk About More Than Cat Pictures|last=Brown|first=Abram|date=May 28, 2014|work=Forbes|accessdate=June 16, 2014}}
6. ^{{Cite web|url=http://www.policymic.com/articles/224/snapshot-of-a-new-tunisia-an-uneasy-but-hopeful-calm|title=Snapshot of a New Tunisia: An Uneasy, But Hopeful Calm|last=Dietz|first=David|date=January 19, 2011|publisher=PolicyMic|access-date=January 19, 2015}}
7. ^{{cite web|url=http://money.cnn.com/2014/04/28/technology/policymic-investment/|title=Another $10 million in funding for PolicyMic, a startup with shades of BuzzFeed and Upworthy|last=Stelter|first=Brian|date=April 28, 2014|publisher=CNNMoney|accessdate=June 16, 2014}}
8. ^{{cite news |url=https://digiday.com/media/mic-transformations-pivoting-nowhere/ |title=Pivoting to nowhere: How Mic ran out of radical makeovers |work=Digiday |date=2018-11-30 |accessdate=2018-11-30 }}
9. ^{{cite web | last=Kafka | first=Peter | title=Mic has laid off the majority of its staff | website=Recode | date=2018-11-29 | url=https://www.recode.net/2018/11/29/18117787/mic-layoffs-staff-bustle-facebook | access-date=2018-11-30}}
10. ^{{Cite web|url=http://observer.com/2014/06/mic-drop-policymic-changes-its-name-revamps-layout/|title='Mic' Drop: PolicyMic Changes Its Name, Revamps Layout|accessdate=September 9, 2015}}
11. ^{{cite news|url=https://www.politico.com/media/story/2015/02/mic-fires-news-director-after-plagiarism-investigation-003454|title=Mic fires news director after plagiarism investigation|last1=Barr|first1=Jeremy|date=12 February 2015|work=Politico|accessdate=6 June 2018|last2=Sterne|first2=Peter|language=en}}
12. ^{{cite news|url=http://www.adweek.com/fishbowlny/mic-acquires-video-app-hyper/369358|title=Mic Acquires Video App Hyper|date=March 8, 2016|work=AdWeek|accessdate=March 9, 2016}}
13. ^{{cite web|url=http://digiday.com/publishers/the-millennial-secret-to-building-millennial-media-brands/|title=Can PolicyMic become the voice of the millennials?|last=Bilton|first=Ricardo|date=February 7, 2014|publisher=Digiday|accessdate=June 16, 2014}}
14. ^{{cite web | last=Levine | first=Jon | title=Mic Terminates Reporter After 'Multiple, Disturbing Allegations' | website=TheWrap | date=2018-09-25 | url=https://www.thewrap.com/mic-fires-reporter-jack-smith-multiple-disturbing-allegations/ | ref=harv | access-date=2018-10-08}}
15. ^{{cite web | last=Strachan | first=Maxwell | title=Here’s The Excruciating Audio Of Mic’s Co-founder Telling Everyone It’s Over | website=HuffPost | date=2018-11-30 | url=https://www.huffingtonpost.com/entry/mic-audio-co-founder_us_5c00a5d9e4b0d04f48b2986f | access-date=2018-11-30}}
16. ^{{cite news|url=http://www.hollywoodreporter.com/news/next-buzzfeed-5-hot-new-696376|title=The Next Buzzfeed? 5 Hot New Websites|last=Lewis|first=Hilary|date=April 17, 2014|work=The Hollywood Reporter|accessdate=June 16, 2014}}
17. ^{{cite web |first=Rand |last=Paul |author-link=Rand Paul |url=http://www.policymic.com/articles/29569/i-filibustered-to-defend-millennials |title=I Filibustered to Defend Millennials |publisher=PolicyMic |date=March 13, 2013 |accessdate=June 16, 2014}}
18. ^{{cite web |first=Condoleezza |last=Rice |author-link=Condoleezza Rice |url=http://www.policymic.com/articles/1812/america-tries-its-best |title=America Tries its Best |publisher=PolicyMic |date=October 3, 2011 |accessdate=June 16, 2014}}
19. ^{{cite web |first=Kirsten |last=Gillibrand |author-link=Kirsten Gillibrand |url=http://www.policymic.com/articles/38771/ending-the-epidemic-of-sexual-assault-in-the-military |title=Ending the Epidemic of Sexual Assault in the Military |publisher=IdentityMic |date=April 30, 2013 |accessdate=June 16, 2014}}
20. ^{{cite web|last1=|first1=|title= Daisy Rosario|url=http://latinousa.org/reporter/daisy-rosario/?page=all|website=|publisher=Futuro Media Group|accessdate=September 12, 2016}}
21. ^{{cite web |last=Bhuiyan |first=Johana |url=http://www.capitalnewyork.com/article/media/2013/12/8536935/white-house-taps-policymic-engage-millennials-aca |title=White House taps PolicyMic to engage millennials on A.C.A. |work=Capital New York |date=December 4, 2013 |accessdate=June 16, 2014}}
22. ^{{cite web |last=Horowitz |first=Jake |url=http://mic.com/articles/76507/here-s-what-millennials-think-obama-should-do-to-make-health-care-better-for-our-generation |title=Here's What Millennials Think Obama Should Do to Make Health Care Better for Our Generation |publisher=PolicyMic |date=December 12, 2013 |accessdate=March 19, 2015}}
23. ^{{Cite web |author=OpenMic Editors |date=March 31, 2014 |title=The White House Responds to PolicyMic's Health Care Open Mic |url=http://mic.com/articles/86557/the-white-house-responds-to-policymic-s-health-care-open-mic |publisher=PolicyMic |accessdate=March 19, 2015}}
24. ^{{cite web |last=Bilton |first=Ricardo |url=http://digiday.com/publishers/inside-mics-millennial-native-ads-pitch-brands/ |title=Inside Mic's millennial native ads pitch to brands |publisher=Digiday |date=November 25, 2014 |accessdate=March 11, 2015}}
25. ^{{cite news|url=http://observer.com/2014/04/policymic-raises-10-million-to-keep-chasing-the-millennial-news-audience/|title=PolicyMic Raises $10 Million To Keep Chasing The Millennial News Audience|last=Smith|first=Jack, IV|date=April 29, 2014|work=The New York Observer|accessdate=March 19, 2015}}
26. ^{{Cite news|url=https://www.wsj.com/articles/digital-publisher-mic-raises-21-million-in-series-c-round-1491559201|title=Digital Publisher Mic Raises $21 Million in Series C Round|last=Shields|first=Mike|date=April 7, 2017|work=Wall Street Journal|access-date=April 7, 2017|issn=0099-9660}}
27. ^{{cite web|url=https://techcrunch.com/2013/10/15/policymic-funding-redesign/|title=PolicyMic Raises $3M, Betting That Millennials Want Substantive News and Commentary|last=Ha|first=Anthony|date=October 15, 2013|publisher=TechCrunch|accessdate=June 16, 2014}}
28. ^{{cite news |last1=Shields |first1=Mark |title=Digital media startup Mic says it's doing just fine despite talk of an industry Armageddon |url=http://www.businessinsider.com/digital-media-startup-mic-wants-to-set-the-record-straight-2018-3 |accessdate=6 June 2018 |work=Business Insider |date=11 March 2018|subscription=yes}}
29. ^{{cite news |last1=Mullin |first1=Benjamin |title=How Many People Did That Story Reach? It Depends Who's Counting. |url=https://www.wsj.com/articles/how-many-people-did-that-story-reach-it-depends-whos-counting-1515668400 |accessdate=6 June 2018 |work=Wall Street Journal |date=11 January 2018}}

External links

  • {{official website|https://mic.com}}
{{Bustle Digital Group}}{{DEFAULTSORT:Mic}}

5 : 2011 establishments in New York City|Companies established in 2011|Media companies of the United States|American websites|Internet properties established in 2011

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