The Information (company)

Last updated
Lessin Media Company
IndustryDigital media
FoundedDecember 2013;7 years ago (December 2013)
Founder Jessica Lessin
Headquarters San Francisco
Number of employees
38 [1]
Website www.theinformation.com

The Information, legally Lessin Media Company, is a subscription-based technology publication. [2]

Contents

History

Jessica Lessin, a reporter for The Wall Street Journal , quit her job in June 2013 to create a subscription-based news website marketed to technology-sector executives. The website, The Information, launched that December. [3] [4] [5] The publication focuses on in-depth, data-driven analysis and exclusive investigative stories. Subscribers get access to events and a members-only Slack channel. [2] Subscribers are given a personal page to encourage community involvement. [6] Lessin later formed an advisory board which included venture capitalist John Doerr, Politico co-founder Jim VandeHei, and ProPublica executive chairman Paul Steiger. [7] The company operates an Asia bureau headed by Shai Oster. [8]

Vanity Fair included The Information on its 2014 New Establishment list. [3]

In 2016, the Columbia Journalism Review reported that 10 of the 11 most highly valued tech companies subscribe to The Information. [2]

Operations

Content is behind a paywall. A basic subscription allows access to the site and access to global networking events. [2] [9] The company held an international networking event 2016 in Beijing, where annual subscribers met with leaders from Asian companies such as electronics company Xiaomi, venture capital firm Shunwei Capital, and investment management firm Hillhouse Capital Group. [2] [10] In October 2016, it was announced that a student edition and Investor level would be added to the subscription levels. An Investor subscription includes private monthly conference calls and in-person briefings with the reporting team. [11] [8]

The Information reports on exclusive insider stories, which has led to the site contributing to over $97 billion worth of brokered industry deals since its founding. [9] In April 2017, The Information announced the launch of Briefing, a new feature to the site consisting of a list of daily headlines with commentary on articles from other news sources. [12] [13] In December 2019, the company launched ‘The Tech Top 10’, a basic, consumer-focused offering, at an annual price of $30. [14] In February 2020, the company announced a partnership with Bloomberg Media, enabling customers to purchase a year-long joint bundle for $499. [15]

Related Research Articles

<i>Slate</i> (magazine) U.S.-based online magazine

Slate is a progressive online magazine that covers current affairs, politics, and culture in the United States. It is known, and sometimes criticized, for having adopted contrarian views, giving rise to the term "Slate Pitches". It has a generally liberal editorial stance.

The Poynter Institute for Media Studies is a non-profit journalism school and research organization in St. Petersburg, Florida. The school is the owner of the Tampa Bay Times newspaper and the International Fact-Checking Network and operates PolitiFact.

E&E News is an American news organization that covers energy, environmental policy, climate change, markets and science. As of 2020, the organization has more than 65 reporters and editors across 10 cities. It was acquired by Politico in December 2020.

Paywall System that prevents Internet users from accessing webpage content without a paid subscription

A paywall is a method of restricting access to content, with a purchase or a paid subscription, especially news. Beginning in the mid-2010s, newspapers started implementing paywalls on their websites as a way to increase revenue after years of decline in paid print readership and advertising revenue, partly due to the use of ad blockers. In academics, research papers are often subject to a paywall and are available via academic libraries that subscribe.

GlobalPost is an online US digital journalism company that focuses on international news founded on January 12, 2009, by Philip S. Balboni and Charles M. Sennott. Its stated mission is "to redefine international news for the digital age." GlobalPost now has 64 correspondents worldwide following the kidnapping and beheading of James Foley, an event which has raised questions about GlobalPost's role in sending unsupported personnel into conflict zones.

Piano Media was a SaaS company specializing in advanced media business processes and online commerce optimization software. Piano Media merged with competitor Tinypass on Aug. 11, 2015. With the merger and after acquiring US-based Press+ in Sept. 2014 from RR Donnelley & Sons, Piano became the largest provider of metered paywalls worldwide with more than 1200 news and media providers globally using their platforms. Founded in 2010 by Etarget & Monogram Ventures, in 2012 the company raised €2M in series B funding from 3TS Capital.

Quartz is a business-focused, privately-held English-language international news organization. It launched in New York City in 2012. It publishes in the United States and Japan, and publishes regional editions in the United Arab Emirates, Hong Kong, Africa, and India.

Medium is an American online publishing platform developed by Evan Williams and launched in August 2012. It is owned by A Medium Corporation. The platform is an example of social journalism, having a hybrid collection of amateur and professional people and publications, or exclusive blogs or publishers on Medium, and is regularly regarded as a blog host.

Circa News

Circa News, also known as Circa, is a defunct American online newspaper and entertainment service. The site was founded in 2012 by Matt Galligan, Ben Huh and Arsenio Santos. The service had news stories and features consisting of individual bits of information.

Jessica Lessin American journalist (born 1983)

Jessica E. Lessin is an American journalist who serves as editor-in-chief of the technology website The Information, which she founded in December 2013. Lessin had previously spent eight years at The Wall Street Journal covering the technology and media industries.

allNovaScotia is an online newspaper based in Halifax, Nova Scotia, Canada.

Nazanin Rafsanjani is the former head of new show development for Gimlet Media. Previously she was creative director at Gimlet Media and before that, a senior producer for The Rachel Maddow Show.

Stat is an American health-oriented news website launched on November 4, 2015, by John W. Henry, the owner of The Boston Globe. It is produced by Boston Globe Media and is headquartered in the Globe's own building in Boston. Its executive editor is Rick Berke, who formerly worked at both The New York Times and Politico. According to Kelsey Sutton of Politico, the website is Henry's "biggest and most ambitious standalone site yet". The site's name comes from the term "stat", short for statim, or "immediately"—a term that has long been used in medical contexts.

The Athletic is a subscription-based sports website that provides ad-free national and local coverage in 47 North American cities as well as the United Kingdom. The Athletic also covers national stories from top professional and college sports (National Football League, National Basketball Association, Major League Baseball, NASCAR, NCAA football, NCAA basketball, National Hockey League, mixed martial arts, Major League Soccer and association football. The Athletic's coverage focuses on a mix of long-form journalism, original reporting, and in-depth analysis. Its business model is predicated on dis-aggregating the sports section of local newspapers and reaching non-local fans not reached by a local newspaper.

Digiday is an online trade magazine for online media founded in 2008 by Nick Friese. It is headquartered in New York City, with offices in London and Tokyo.

Twipe

Twipe Digital Publishing is a software company specialising in products for publishers, such as interactive mobile and web-apps for the electronic versions of newspapers.

<i>The Dispatch</i> American online conservative magazine

The Dispatch is a United States center-right subscription-based and advertisement-free online magazine founded by Stephen F. Hayes, Jonah Goldberg, and Toby Stock. Several of The Dispatch's staff are alumni of the defunct The Weekly Standard.

Scroll is a web service developed by Scroll Labs Inc. that offers ad-free access to websites in exchange for a subscription fee. Scroll was acquired by Twitter in May 2021. Scroll is not an ad blocker, but rather partners directly with internet publishers who voluntarily take down ads on their site for Scroll users in exchange for a portion of the subscription fee.

Substack is an American online platform that provides publishing, payment, analytics, and design infrastructure to support subscription newsletters. It allows writers to send digital newsletters directly to subscribers. Founded in 2017, Substack is headquartered in San Francisco, California.

Toby Stock is an American legal scholar an co-founder of center-right online media company The Dispatch. He currently serves as Chief Strategy Officer at the National Constitution Center.

References

  1. "About Us". The Information. Retrieved 6 January 2019.
  2. 1 2 3 4 5 Merissa Marr. "Inside (The) Information". Columbia Journalism Review.
  3. 1 2 Joe Pompeo (October 24, 2016). "The Morning Media Profile: Jessica Lessin's rise from reporter to entrepreneur". Politico.
  4. Mike Isaac (December 4, 2013). "Ex-WSJ Reporter's New Subscription Tech Site, The Information, Launches". All Things D.
  5. Abigail Edge (March 19, 2014). "Why The Information chose to follow a paywall model". Journalism.co.uk.
  6. Max Willens (September 19, 2016). "The Information isn't ditching comments - its using them to attract subscribers". Digiday.
  7. Mathew Ingram (August 5, 2016). "The Founder of The Information on What Media Companies Are Doing Wrong". Fortune.
  8. 1 2 Benjamin Mullin (October 26, 2016). "The Information's Jessica Lessin on building her business, putting subscribers first and the future of media". Poynter.
  9. 1 2 Madeline Berg (December 5, 2016). "For Your Information: Subscriber-Only News Site The Information Capitalizes On Exclusives And Exclusivity". Forbes.
  10. Laura Hazard Owen (February 2, 2016). "The Information is offering members a perk: an exclusive trip to "meet the right people" in China". Nieman Lab.
  11. Laura Hazard Owen (October 26, 2016). "The Information's Jessica Lessin on how she's scaling an already-expensive subscription product". Nieman Lab.
  12. Laura Hazard Owen (April 25, 2017). "The Information's new Briefing is a continuous update of opinionated takes on other people's articles". Nieman Lab.
  13. Benjamin Millin (April 25, 2017). "With Briefing, The Information muscles in on news aggregators like Techmeme". Poynter.
  14. Lee, Edmund (7 February 2020). "Maybe Information Actually Doesn't Want to Be Free". New York Times.
  15. Barber, Kayleigh (19 February 2020). "The Information is testing a subscription bundle with Bloomberg Media". Digiday.