International Business Times

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International Business Times
Logo Intl Business Times.png
Ibtscreenshot09102010.png

The September 9, 2010 front page of
The IBTimes home page
Type 24/7
Format Online
Owner(s) IBT Media[1]
Publisher Scott Miller
Editor Peter S. Goodman[2]
Founded 2006
Language English, Spanish, German, Italian, Chinese, Japanese, Korean
Headquarters 7 Hanover Square, Fl 5
Manhattan, New York City, USA
Official website www.ibtimes.com

The International Business Times is an online publication based in New York City,[1] comprising 10 national editions and seven languages. The publication, sometimes called IBTimes or IBT, offers news, opinion, and editorial commentary on business and business-related stories.[3] It is ranked by Alexa as the fourth-most visited site among business newspapers.[4]

IBTimes was launched in 2005; it is owned by IBT Media,[1] and was founded by Etienne Uzac and Johnathan Davis. Its headquarters are in a former Newsweek office in the Financial District of New York.[5]

History[edit]

Founder Etienne Uzac, a native of France, came up with the idea for the global business news site while a student at the London School of Economics. He found that the strongest business newspapers had a focus on the U.S and Europe and planned to provide broader geographic coverage. Uzac recruited Johnathan Davis to join him in the enterprise.[6] In late 2005 Uzac and Davis moved to New York to launch the site, with Uzac primarily focused on business strategy while Davis coded the site and wrote the first articles.[7] The site went live in December 2005, and the company was incorporated in April 2006 as the The International Business Times Inc.[8][original research?]

A hand-drawn blueprint, created in 2007 by Davis, outlining what would become the IBTimes FX Center.

Dev Pragad joined the company after finishing his doctorate in Electrical Engineering at King's College London in 2009 to help set up the global network. Pragad had previously worked with Uzac and Davis on technology and operations matters on a part-time basis. In 2007, the company launched the IBT Forex Center (Forex: foreign exchange).

In May 2012, the company announced that Jeffery Rothfeder had been appointed as the publication's new Editor-in-Chief, while Davis, who previously served as Executive Editor, will manage the company's content strategy across all platforms as the Chief Content Officer.[9]

On August 4, 2013, IBT Media, the owner of IBTimes, announced its purchase of Newsweek and newsweek.com from IAC/InterActiveCorp. The purchase does not include The Daily Beast.[10] Peter S. Goodman became the editor in 2014.

Growth[edit]

IBTimes experienced rapid growth, particularly through 2010 and 2011.[11][original research?]

By October 2011, the site ranked within the top 400 U.S properties,[12] and the top 900 global websites.[13]

Of the other 9 editions, the International Business Times UK (or IBTimes UK) is the largest and most established, with a newsroom at 25 Canada Square in Canary Wharf, London.[14]

See also[edit]

References[edit]

  1. ^ a b c "About us". International Business Times. IBT Media. Retrieved August 6, 2013. 
  2. ^ Peter Goodman named editor-in-chief of International Business Times
  3. ^ "Talking Business News". talkingbiznews.com. Retrieved October 23, 2012. 
  4. ^ "Alexa - Top Sites by Category: Business/News". Alexa.com. Retrieved October 10, 2011. 
  5. ^ "Braving bad juju International Business Times moves into Newsweek's old newsroom". The New York Observer. Retrieved October 9, 2011. 
  6. ^ "Company Timeline". Digiday.com. Retrieved September 17, 2012. 
  7. ^ "Company Timeline". International Business Times. Retrieved October 12, 2011. 
  8. ^ "Networksolutions – Domain Information". Networksolutionss.com. Retrieved October 11, 2011. 
  9. ^ "Marketwatch". Marketwatch.com. Retrieved June 2, 2012. 
  10. ^ "Newsweek purchased by International Business Times owner". Washington Post. Retrieved August 4, 2013. 
  11. ^ "Statistics Summary for ibtimes.com". Alexa.com. Retrieved October 12, 2011. 
  12. ^ "The top 500 sites in United States". Alexa.com. Retrieved October 12, 2011. 
  13. ^ "Alexa Site Info". Alexa.com. Retrieved October 12, 2011. 
  14. ^ "IBTimes UK". Retrieved June 2012. 

External links[edit]