FOR IMMEDIATE RELEASE
THESTREET.COM AND MICROSOFT MSN MONEYCENTRAL ANNOUNCE SYNDICATION ALLIANCE TheStreet.com Becomes First Syndication Partner for MSN MoneyCentral
NEW YORK and REDMOND, Wash., Feb. 1, 2000 -
TSCM), a leading Web-based financial news provider, and Microsoft Corp. today announced a content syndication alliance. Through the agreement, selected commentary from the award-winning MSN MoneyCentral online personal finance service will be provided on the main TheStreet.com site, which will become free during the second quarter of 2000. The deal, the first under which MSN MoneyCentral will syndicate content to an outside site, expands a previous content syndication agreement between the two companies.
Under the terms of the one-year agreement, TheStreet.com will publish two commentaries each week from influential MSN MoneyCentral columnists including Jim Jubak, Jon Markman and Mary Rowland.
"We are pleased to be the first MoneyCentral syndication partner and look forward to offering our readers weekly commentaries from Jim Jubak and his colleagues," said Dave Kansas, editor in chief of
. "These insightful columns, coupled with our timely financial news and commentary, will help our readers track the rapidly shifting financial landscape and are a strong addition to the high-quality free content on our site."
"We are pleased to expand our experts' award-winning investing commentary via TheStreet.com," said Erik Jorgensen, product unit manager for MSN MoneyCentral at Microsoft. "Our relationship with TheStreet.com will introduce more people to MSN MoneyCentral experts' tactics and ideas to effectively manage their personal finances and to learn about successful investing techniques."
Since April 1999, MSN MoneyCentral has published selected commentaries from popular
columnists including James J. Cramer and Herb Greenberg.
TSCM), is publisher of TheStreet.com, a leading Web-based provider of financial news and commentary. TheStreet.com was founded in 1996, with an editorial team of over 80 experienced financial journalists based in New York City, San Francisco, Silicon Valley and London, and commentators throughout Europe and Asia. Under a recently announced strategy, the publication's main site at
www.thestreet.com will become entirely free in the second quarter of 2000, augmented by a network of sites including the RealMoney.com, a subscription-based commentary site featuring the company's columnists including James J. Cramer, Herb Greenberg, Adam Lashinsky and more than two dozen others. TheStreet.com Inc. has established strategic alliances with The New York Times, FOX News Network, Israel's Ha'aretz Group, America Online, Yahoo!, E*TRADE, DLJ
Inc., Intuit Inc., 3Com Corp. and other leading companies. TheStreet.co.uk, a financial news site majority owned by TheStreet.com and intended for U.K. investors, will launch in the first quarter of 2000.
About MSN MoneyCentral
MSN MoneyCentral is the leading online personal finance resource for consumers, making it the best place on the Web to research, make decisions about and take action on personal finances, delivering on the MSN Everyday Web vision. MSN MoneyCentral delivers easy-to-use tools, advice from dedicated financial professionals and experts, financial data from leading content providers, and seamless integration with the award-winning network of MSN services, enabling consumers to manage their money and financial services, increase their financial self-confidence, and make smart financial decisions, in one central location, any time, anywhere.
About MSN and Microsoft
MSN is the network of Internet services from Microsoft that helps people better organize the Web around what's important to them. The network of MSN services, located on the Web at MSN.com (
http://www.msn.com/), helps people easily stay in touch with friends and colleagues make smart and secure purchasing decisions, and get more done. MSN offers award-winning e-mail functionality; personal communications services; wireless services information; customizable access to news; popular sites for personal finance, travel, automotive services, shopping and more; an online community; a Web search engine and directories; and top-rated Internet access.
Founded in 1975, Microsoft (Nasdaq:
MSFT) is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software - any time, any place and on any device.
Microsoft, MSN, MoneyCentral and MSN.com are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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