NEW YORK–(BUSINESS WIRE)–Sept. 15, 2003–
Leading Information Providers Sign
Bloomberg Professional(R) Service Agreement
TheStreet.com, Inc. (Nasdaq:TSCM), a leading multimedia provider of financial commentary, research, analysis and news and Bloomberg, the global financial news and information company, have signed an agreement to distribute TheStreet.com products to Bloomberg financial professional users worldwide, via the Bloomberg Professional Service.
TheStreet.com offerings being distributed include “Street Insight,” a subscription web site for investment professionals seeking real-time macro and micro trading information on the flow of funds that move markets. “Street Insight” provides independent trading ideas and market insight from more than forty top market experts, including hedge fund and buy-side portfolio managers, analysts and traders in the industry. “RealMoney,” aimed at active market participants and self-directed investors looking for unbiased, action-oriented market analysis, will also be available through the Bloomberg Professional Service. The product offers timely, insightful, in-depth commentary and analytical coverage of market-moving trends from financial analysts, traders, money managers and journalists.
“We are pleased to be working with Bloomberg to provide their clients with our real-time market commentary and analysis so they can make faster, more profitable investment decisions throughout the trading day,” said David Morrow, Editor-in-Chief of TheStreet.com. “By leveraging our content through the Bloomberg Professional delivery platform, we are building on our strategy of further expanding our product offerings into the professional sector in a manner that is both efficient and cost-effective.”
The Bloomberg Professional service is an interactive, financial information network that is the core business of Bloomberg L.P. Available 24 hours a day to more than 260,000 professionals in 126 countries, the service seamlessly integrates real-time quotes, data, news, analytics, multimedia reports, electronic trading and e-mail into a single platform.
“Our goal is to provide our clients with the highest-quality research products that will complement the unparalleled data, analytics and news available on the Bloomberg Professional service,” said Bob Coppola, Bloomberg manager of Global Research. “The suite of products that will now be available from the TheStreet.com will give our clients additional insight with solid independent research and analysis.”
About TheStreet.com, Inc.
TheStreet.com, Inc. (Nasdaq:TSCM), a registered investment advisor, is a leading provider of independent and insightful investment commentary, advice, research and news. Founded in 1996, the Company completed its initial public offering in May 1999. On the Internet, its premium, subscription-based Web site, “RealMoney.com” is accompanied by the professionally oriented subscription sites, “Street Insight,” “RealMoney Pro Advisor,” and the free, flagship site, “TheStreet.com.” The Company also produces a suite of subscription services for use by professionals and self-directed investors, each designed to help a specific segment of the investing public make better-informed investing and trading decisions.
About Bloomberg
Bloomberg is a global information services, news and media company that has forged a unique position within the financial services industry by providing an unparalleled range of features in a single package, the BLOOMBERG PROFESSIONAL(R) service. In addition, the company has global news, television, radio, Internet and magazine and book publishing operations which includes BLOOMBERG NEWS(R), a financial news wire service that includes more than 1,800 reporters in 90 bureaus worldwide; BLOOMBERG TELEVISION(R), a 24-hour business and financial news network produced and distributed globally in seven different languages; BLOOMBERG RADIO SM which gives listeners up-to-the minute business, national and international news and is syndicated to more than 750 affiliates worldwide and. Bloomberg’s 24-hour flagship station is BLOOMBERG(R) WBBR 1130 in New York.
Statements contained in this news release not related to historical facts may be deemed forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties (described in the Company’s SEC filings), which could cause actual results to differ.
