Bisnow Media
US digital media company From Wikipedia, the free encyclopedia
Bisnow Media, also known as Bisnow, is a multi-platform digital media company that produces news and live events. Founded in 2005, Bisnow Media is owned by private equity firm Wicks Group[2] and has offices in New York and Washington, D.C. with 75 full-time employees as of 2014.[3] Covering 27 metropolitan markets across the U.S., Canada and the U.K. with a subscriber base of over 600,000, Bisnow is one of the largest producers of commercial real estate news and events.[1][4] The company's publications have been described as similar to Business Insider, covering topics such as real estate, technology and businesses with a slight irreverence similar to BuzzFeed.[1][5]
| |
| Company type | Private |
|---|---|
| Industry | Digital media |
| Founded | 2005 |
| Headquarters | New York |
Key people | Will Friend, CEO Mark Bisnow, Founder Ryan Begelman, Former CEO & Co-Owner |
| Owner | Wicks Group |
Number of employees | 75[1] |
| Website | www |
History
Summarize
Perspective
The company was founded in 2005 by Mark Bisnow, a DC lawyer, business executive, and radio talk show host, who had become known for irreverent "Bisnow on Business" radio spots on the local all-news station and active involvement in local business organizations and philanthropies.[6][7] Bisnow wanted to take advantage of the new economics and reading habits of the Internet age to provide timelier, lighter, and more personality-focused news fare than traditionally available, and deliver it to niche business audiences.[6]
Mark Bisnow was named Chairman when he turned over the CEO position to Ryan Begelman, previously the COO of Bisnow[8] and also co-founder of Summit Series.[9] Will Friend was named CEO of Bisnow in January 2015.[10]
In 2012, Bisnow launched "Escape", a brand of recurring events that gather top commercial real estate owners, developers, and financiers for multi-day retreats.[11]
By the end of 2012, Bisnow generated $11 million in revenue amounting to a 70 percent compounded three-year growth rate.[12] The following year, Bisnow partnered with Peter Linneman, the Wharton School real estate program founder, to launch a video education series.[13] By the end of 2013, the company was operating in 22 markets and producing 31 newsletters.[12] Bisnow has been included on Crain's New York Business' list of the fastest growing companies in New York for 2013 and 2014.[3][14]
In May 2016, Bisnow Media was acquired by Wicks Group, a private equity firm based in New York, for an estimated $50 million.[15]
Operations
Bisnow produces industry-specific e-newsletters highlighting news and information primarily for commercial real estate professionals. The company distributes its e-newsletters to over 600,000 subscribers.[4] The company also produces business-related events which have also featured experts on topics such as the arts, philanthropy, relationships, technology, and futurism.[4][11]
References
External links
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