Morning Brew to more than quadruple revenue to $13 million in 2019 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Newsletter publisher Morning Brew more than quadrupled its revenue this year to $13 million, profitably. Now it's aiming for another year of growth and plans to branch out beyond advertising.

by two University of Michigan business students and fraternity brothers, Alex Lieberman and Austin Rief, who wanted to give young professionals a speed-read version of the day's business news.

The founders have grown profitable without taking outside funding that has driven a lot of fast-growing digital media companies. and Mashable struggle, they said they decided to focus on growing in a sustainable way. The staff is young and numbers just 27, and the content is largely aggregated.Initially, they expanded Morning Brew by applying the core newsletter model to retail and tech newsletters. This year they launched their first podcast. In 2020, they plan to add new verticals and newsletters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the factory where army veterans make 7 million poppies every year - Business InsiderThe factory employs army veterans to make poppies that are worn every year to remember those who have given their lives in the armed forces.
Source: BusinessInsider - 🏆 729. / 51 Read more »

CBS CEO will keep the top job but still get $100 million in severance - Business InsiderJoe Ianniello will stay on at ViacomCBS after the merger but in an unusual arrangement, will still get a hefty payout. 🕪يارب ❤🕊❤
Source: BusinessInsider - 🏆 729. / 51 Read more »

Balderton Capital: New $400 million fund for European tech startups - Business InsiderLondon headquartered Balderton Capital new fund will invest in Series A rounds in some of Europe's most exciting startups. Any one else read that as dicktrace and depoop?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stoke Talent used this pitch deck to raise $4.5 million in seed funds - Business InsiderStoke Talent has developed a human-resources software system designed to help companies manage their freelance work forces.
Source: BusinessInsider - 🏆 729. / 51 Read more »