TheStreet.com Passes 30,000 Subscriber Mark
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Online financial publication TheStreet.com ended 1998 with more than 30,000 subscribers, showing an increase of 353 percent over the past year.
The publication launched in 1996, grabbing attention for its decision to charge a fee for its content. Up to that time, The Wall Street Journal had been the only online publication to successfully make a subscription model work on the Web.
Kevin English, TheStreet.com's chief executive officer, attributed the growth to successful direct marketing efforts and partnerships, subscription sales to institutional clients and increasing awareness of its editorial coverage.
"Thirty thousand readers have spoken. For today's investors, TheStreet.com's timely, original and actionable news and commentary is essential. Real-time investing knowledge trumps day-old news and commodity financial news feeds anytime," he said.