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词条 IBT Media
释义

  1. Overview

  2. Corporate structure and revenue

  3. Partnerships

  4. Controversies

  5. Innovations

  6. Assets

  7. Chronology

  8. References

  9. External links

{{Use mdy dates|date=February 2018}}{{Infobox Website
| name = IBT Media
| favicon =
| logo =
| screenshot =
| caption =
| url = {{URL|http://corp.ibt.com}}
| commercial = Yes
| type = Publication
| registration =
| owner = Etienne Uzac, Johnathan Davis
| launch date = {{start date and age|2006}} (as IBT Media)
| current status = Active
}}IBT Media is an American global digital news organization with over 90 million monthly readers.[1]

It publishes the International Business Times and Medical Daily, among others. IBT Media is headquartered in New York City, in the Hanover Square neighborhood of Lower Manhattan. As of 2014, the company posted revenue of about $21 million and generated a profit of about $500,000.[1]

Overview

Founded as IBT Media in 2006, the company has several brands that it has built organically through specialty vertical sites and also international editions.[2]

IBT Media focuses on online publication.

Corporate structure and revenue

IBT Media is a privately held company, owned by Etienne Uzac and Johnathan Davis.{{cn|date=February 2018}} The company has not received outside funding,[5] and has grown with a focus on being an "efficient company", concentrating on the "revenue side as well as on the expenses".[6][7]

It started in 2006, with personal savings, an SBA bank loan, and no input, financial or advisory, from VCs.{{clarify|date=January 2014}}[5] It has been profitable since 2010.[2][5][6][7]

It has also grown through the acquisition of Newsweek.[3].

The company derives its profits primarily from advertising and has been profitable since 2010.[7] It says it has recently undertaken new ventures to become a "multi-product global media group"[15] and to diversify capital, including adopting Newsweeks subscription models across its properties, and launching a new business-to-business arm.[2][6][18]

On September 14th, 2018, after completing the strategic structural changes initially announced in March, IBT Media has spun off into two separate companies — Newsweek and IBT Media.

Partnerships

IBT Media says it has an ongoing "working relationship" with Olivet University which includes the school providing design assistance and computer resources, and IBT Media providing internships for students. It characterizes it as similar to the relationships Silicon Valley companies have with local universities.[3] However, publication Christianity Today alleges that IBT Media has a close relationship both with Olivet and with its founder, controversial[3][4] evangelical pastor David J. Jang. It claims that Jang is an investor in and has exercised control over IBT Media, that Davis was formerly director of journalism at Olivet, and that Uzac was its Treasurer, at least at one time.[3][5][6] Executives characterize the relationship as between the institutions and not the founders, and that it was purely operational.[7][3]

IBT Media is part of Economist's "Ideas Channel", an ad-network based on mindset rather than demographics, set up in part to reach "an intellectual and often influential audience interested in business, politics and science".[27] The company's Bizu video platform partners with IDG Communications and France 24. for content, and Digitas and PJA Advertising and others for monetization of the platform.[15][29]

The company's brands publish to a number of 3rd party platforms, including Flipboard, Zite, and The Washington Post's Social Reader.[30]

Controversies

In January 2018 Manhattan District Attorney staff raided the company's offices, taking away eighteen computer servers, in what Newsweek reported was part of an investigation into company finances. On 1 February 2018 co-owner and chairman, Etienne Uzac, and his wife Marion Kim who acted as finance director, resigned.[7][32]

On 20 February 2018 Newsweek reported on the DA's investigation into its parent company, and its relationship with Olivet University.[8] Following the publication of the story, several Newsweek staff were fired and some editors threatened to resign stating that management had tried to interfere in the story's publication.[9][10]

On 10 October 2018, it was reported by the Wall Street Journal that IBT Media was charged with defrauding lenders.[11]

Innovations

IBT Media had run on a proprietary content management system that it has built over several years. The company started to tie-in real-time analytics into the newsroom as early as 2010, and based on those results, optimize follow-up content, positioning, and editorial calendars to serve readers. Social feedback is also built into the newsroom.[12]

The company has also created platforms for content. Bizu, a video platform for business professionals hosts content and also offers incremental revenue streams to content providers.[15]

Assets

  • International Business Times – global business and economic news, in seven languages across ten editions[39]
  • Medical Daily – medical news site[13][14]
  • Latin Times – Latin American-oriented news site[13][15]
  • iDigitalTimes – technology and digital media news site[13][16]

Chronology

  • 2006 – International Business Times incorporates in New York.[46]
  • 2008–2010 - IBTimes launches specialty verticals: Jobs, Health, Real Estate, Education and Travel.
  • 2011 – IBTimes moves into Newsweek's old offices after 1200% growth for the year.
  • 2012 – International Business Times reincorporates as IBT Media, the new parent company to IBTimes, and launches Bizu, a video web portal and platform.[29]
  • 2013 – Medical Daily, HollywoodTake, and Latin Times[49] are launched.
  • 2013 – Newsweek is acquired.[50][51]
  • 2014 – Newsweek returns to print,[17] and the Newsweek operations becomes profitable[18]
  • 2017 – Company rebrands as Newsweek Media Group.[19]
  • 2018 - Newsweek is spun off into a separate legal entity.[20]
  • 2018 - Company rebrands back to IBT Media after separating from Newsweek.[21]

References

1. ^1 {{cite web|url=https://www.nytimes.com/2014/03/03/business/media/tiny-digital-publisher-to-put-newsweek-back-in-print.html|title=Tiny Digital Publisher to Put Newsweek Back in Print|first=Leslie|last=Kaufman|work=NYTimes|accessdate=2014-08-14}}
2. ^1 2 {{cite web|url=http://www.foliomag.com/2013/meet-ibt-media-future-newsweek#.UgBfd9I3uSo|title=Meet IBT Media: The Future of Newsweek|first=Michael|last=Rondon|work=Folio|accessdate=2013-08-06}}
3. ^1 2 3 4 {{cite news |first= Peter |last= Lauria |title= Newsweek's New Owners Say They Bought "A Lot Of Cachet" |date=August 3, 2013 |url= https://www.buzzfeed.com/peterlauria/barry-dillers-newsweek-experiment-is-over |work= BuzzFeed |accessdate= 2013-08-06}}
4. ^{{cite news |first=Bob |last=Smietana |title= LifeWay land deal with Calif. school faces scrutiny |date=July 16, 2012 |url= http://usatoday30.usatoday.com/news/religion/story/2012-07-16/lifeway-land-deal/56256458/1 |work= USA Today |accessdate= 2013-08-06}}
5. ^{{cite news |first=Tom |last=McCarthy |title= Newsweek is dead. Long live Newsweek? |date =August 5, 2013 |url= https://www.theguardian.com/media/2013/aug/05/newsweek-acquisition-international-business-times |work=The Guardian |location= London |accessdate= 2013-08-06}}
6. ^{{cite news |first=Jeff |last= Bercovici |title= Meet The Mysterious Duo Who Just Bought Newsweek |date=August 5, 2013 |url= https://www.forbes.com/sites/jeffbercovici/2013/08/05/meet-the-mysterious-duo-who-just-bought-newsweek/ |work= Forbes |location= New York |accessdate= 2013-08-06}}
7. ^{{cite news |url=http://money.cnn.com/2018/02/01/media/newsweek-media-chair-resigns/index.html |title=Chair of embattled Newsweek Media Group resigns |last=Gold |first=Hadas |authorlink=Hadas Gold|website=CNN Money |date=1 February 2018 |accessdate=22 February 2018}}
8. ^1 {{cite news |url=http://www.newsweek.com/newsweek-manhattan-da-olivet-university-david-jang-fired-new-york-media-813949 |title=Why Is the Manhattan DA Looking at Newsweek's Ties to a Christian University? |first1=Celeste|last1=Katz|first2=Josh|last2=Keefe|first3=Josh|last3=Saul |newspaper=Newsweek |date=20 February 2018 |accessdate=22 February 2018}}
9. ^{{cite news |url=https://www.theguardian.com/media/2018/feb/21/newsweek-plunged-into-chaos-by-its-own-reporters-expose |title=Newsweek plunged into chaos by its own reporters' exposé |last=Rushe |first=Dominic |newspaper=The Guardian |date=21 February 2018 |accessdate=22 February 2018}}
10. ^{{cite news |url=http://www.chicagotribune.com/news/nationworld/ct-newsweek-staff-firings-20180221-story.html |title=Newsweek publishes exposé about itself after controversial staff firings |last=Schmidt |first=Samantha |work=Washington Post |publisher=Chicago Tribune |date=21 February 2018 |accessdate=22 February 2018}}
11. ^{{Cite news|url=https://www.wsj.com/articles/newsweeks-parent-company-co-founder-charged-with-defrauding-lenders-1539208065|title=Newsweek’s Parent Company Charged With Defrauding Lenders|last=Alpert|first=Lukas I.|date=2018-10-10|work=Wall Street Journal|access-date=2018-10-10|last2=O’Brien|first2=Rebecca Davis|language=en-US|issn=0099-9660}}
12. ^{{cite web|url=http://www.adweek.com/news/press/newsweek-relaunches-print-bitcoin-coup-156112|title=Newsweek Relaunches in Print|last=Moses|first=Lucia|work=AdWeek|accessdate=2014-03-06}}
13. ^1 2 {{cite web | url=http://www.digitaljournal.com/pr/2380863 | title=Newsweek Named Relaunch of the Year by Media Industry Newsletter | work=Digital Journal | date=December 5, 2014 | accessdate=December 25, 2014 | author=McGann, Lisa Schultz | agency=PR Newswire}}
14. ^{{cite web | url=http://www.medicaldaily.com/about-us | title=About Us | publisher=IBT Media | work=Medical Daily | accessdate=December 26, 2014}}
15. ^{{cite web | url=http://www.latintimes.com/about-us | title=About Us | publisher=IBT Media | work=Latin Times | accessdate=December 26, 2014}}
16. ^{{cite web | url=http://www.idigitaltimes.com/about-us | title=About Us | publisher=IBT Media | work=iDigitalTimes | accessdate=December 26, 2014}}
17. ^{{cite web|url=https://www.nytimes.com/2014/03/03/business/media/tiny-digital-publisher-to-put-newsweek-back-in-print.html|title=Tiny Digital Publisher to Put Newsweek Back in Print|date=March 3, 2014|work=The New York Times}}
18. ^{{cite web|url=http://www.capitalnewyork.com/article/media/2014/10/8554160/emnewsweekem-announces-its-profitable|title=Newsweek announces it's profitable|publisher=}}
19. ^{{Cite news|url=https://www.adweek.com/digital/ibt-media-is-rebranding-as-newsweek-media-group/|title=IBT Media Is Rebranding as Newsweek Media Group|access-date=2018-11-10|language=en-US}}
20. ^{{Cite web|url=https://www.mediapost.com/publications/article/326408/newsweek-media-group-splits-into-separate-companie.html|title=Newsweek Media Group Splits into Separate Companies: Newsweek, IBT Media|language=en|access-date=2018-11-10}}
21. ^{{Cite web|url=https://www.prnewswire.com/news-releases/newsweek-media-group-splits-into-two-companies----newsweek--ibt-media-300729095.html|title=Newsweek Media Group Splits Into Two Companies -- Newsweek & IBT Media|last=Newsweek|website=www.prnewswire.com|language=en|access-date=2018-11-10}}
22. ^{{cite web | url = http://corp.ibt.com | title = Corporate About | accessdate = 2013-08-05}}
23. ^1 {{cite web | url = http://corp.ibt.com/about | title = Corporate Timeline | accessdate = 2013-08-05}}
24. ^1 2 {{cite web |url = http://www.cynopsis.com/editions/digital/11013/ |title = Cynopsis Digital |accessdate = 2013-08-05 |deadurl = yes |archiveurl = https://web.archive.org/web/20130117222728/http://cynopsis.com/editions/digital/11013/ |archivedate = January 17, 2013 |df = mdy-all}}
25. ^1 {{cite news |date=July 23, 2012 | url = http://paidcontent.org/2012/07/23/zite-adds-la-times-chicago-tribune-others-to-its-publishers-program/ | title = IBT Media Launches 'The Latin Times' Targeting U.S. Hispanics | first = Laura Hazard | last = Owen | work = PaidContent | accessdate = 2013-08-06}}
26. ^1 {{cite web | url =http://www.portada-online.com/2013/05/06/ibt-media-launches-the-latin-times-targeting-u-s-hispanics/ | title = IBT Media Launches ‘The Latin Times’ Targeting U.S. Hispanics | first = Laura | last = Martinez | work = Portada | accessdate = 2013-08-05}}
27. ^1 {{cite news | url =https://www.nytimes.com/2013/08/04/business/media/newsweek-bought-by-digital-news-company-ibt.html?_r=0&gwh=997C267ACB209316D3248EB4F8AE391A | title = Newsweek, Sold in 2010, Changing Hands Again | first = Christine |date=August 4, 2013 | last = Haughney | work = The New York Times | accessdate = 2013-08-05}}
28. ^1 2 3 {{cite news | url = http://www.bizreport.com/2013/01/new-platform-to-focus-on-business-related-media.html | title = New platform to focus on business related media | first = Kristina | last = Knight | work = BizReport |date=January 14, 2013 | accessdate = 2013-08-06}}
29. ^{{cite web | url = http://www.talkingbiznews.com/1/rothfeder-named-editor-of-international-business-times/ | title = Rothfeder named Editor in Chief | first = Chris | last = Roush | work = TalkingBusinessNews | accessdate = 2013-08-06}}
30. ^{{cite web | url = http://www.mediapost.com/publications/article/183960/online-news-where-the-second-minute-story-counts.html#axzz2bFSiUT2x | title = Where the second minute story counts more than the first | first = Jeff | last = Rothfeder | work = MediaPost | accessdate = 2013-08-06}}
31. ^1 {{cite web | url = http://www.slate.com/blogs/the_slatest/2013/08/04/ibt_media_buys_newsweek_from_barry_diller_s_iac_interactivecorp.html | title = Where the second minute story counts more than the first | first = Daniel | last = Politi | work = Slate | accessdate = 2013-08-06}}
32. ^1 2 3 {{cite web | url = http://adage.com/article/media/ibt-media-buys-newsweek-iac/243495/ | title = What IBTimes wants with Newsweek | first = Michael | last = Sebastian | work = adage | accessdate = 2013-08-06}}
33. ^1 {{cite web | url = http://www.mediapost.com/publications/article/138430/#axzz2bEfA4KMO | title = Economist Ideas Channel Targets Elite | first = Fern | last = Siegel | work = MediaPost | accessdate = 2013-08-06}}
34. ^1 {{cite news | url =https://www.wsj.com/articles/SB10001424127887323681904578646820897437326 | title = IBT Media to Buy Newsweek from IAC | work = The Wall Street Journal |date=August 3, 2013 |first=William |last=Launder |location=New York | accessdate = 2013-08-05}}
35. ^1 2 3 4 {{cite news | url = https://www.forbes.com/sites/jeffbercovici/2013/08/05/meet-the-mysterious-duo-who-just-bought-newsweek/ |last= Bercovici |first=Jeff | title = Meet the mysterious duo who just bought Newsweek | work = Forbes |location= New York |date=August 5, 2013 | accessdate = 2013-08-06}}
36. ^1 2 3 {{cite web |url = http://tech.fortune.cnn.com/2013/08/07/newsweek-ibt/ |title = The mysterious company that just bought Newsweek |work = Fortune |accessdate = 2013-08-06 |deadurl = yes |archiveurl = https://web.archive.org/web/20130810103440/http://tech.fortune.cnn.com/2013/08/07/newsweek-ibt/ |archivedate = August 10, 2013 |df = mdy-all}}
37. ^1 {{cite web | url = http://corp.ibt.com/brands | title = Corporate Brands | accessdate = 2013-08-05}}
38. ^{{cite web | url = http://www.cynopsis.com/editions/cynopsis-sports/092412/ | title = Cynopsis Sports | accessdate = 2013-08-05}}
[23][24][25][26][27][28]

[31][32][33][34][35][36][37]
}}

External links

  • {{Official website|http://corp.ibt.com/}}

3 : Internet properties established in 2006|2003 establishments in New York City|IBT Media
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