Mashable

Mashable[1][2]
Type of business Subsidiary
Type of site
 Digital Media, News & blogging
Available in English, French
Founded July 19, 2005 (2005-07-19)
Headquarters New York City[3]
Owner
  • Independent (2005-2017)
  • Ziff Davis (December 2017–present)
Founder(s) Pete Cashmore
Key people Pete Cashmore
Employees 120
Subsidiaries CineFix[4]
Mashable Studios[5]
Website mashable.com
Alexa rank Increase 813 (October 2017)[6]
Current status Active

Mashable is a digital media website founded by Pete Cashmore in 2005.[7]

History

Mashable was created by Pete Cashmore from his home in Aberdeen, Scotland, in July 2005. Time noted Mashable as one of the 25 best blogs in 2009.[8][9] As of November 2015, it has over 6,000,000 Twitter followers and over 3,200,000 fans on Facebook. In June 2016, it acquired YouTube channel CineFix from Whalerock Industries.[10]

In December 2017, Ziff Davis bought Mashable for $50 million. Mashable was not meeting its advertising targets, and was losing money, with $4.2 million losses in the quarter ending September 2017. After the sale, Mashable laid off 50 staffers, although Ziff Davis insisted on keeping top management. Because of the drop in value, stock options issued to employees during Mashable's successful times were worthless.[11][12][13]

Mashable Awards

On 27 November 2007, Mashable launched the 1st International Open Web Awards to recognize the best online communities and services. Voting was conducted online through Mashable and its 24 blog partners.[14] On 10 January 2008 at the Palace Hotel, San Francisco, Mashable announced the winners of the first Open Web Awards.[15] Winners included Digg, Facebook, Google, Twitter, YouTube, ESPN, Cafemom and Pandora.

The 2nd Annual Open Web Awards was an online international competition that took place between November and December 2008. Among the winners in the "People's Choice" component were Encyclopedia Dramatica in the wiki category, Digg in the "Social News and Social Bookmarking" category, Netlog in the "Mainstream and Large Social Networks" category and MySpace in the "Places and Events" category.[16]

The 3rd Open Web Awards were held in November and December 2009. Winners included Pandora Radio for best mobile music site or app, Fish Wrangler for best Facebook game, and "Surprise Marriage Proposal in Spain" as best YouTube video.

In 2010, Mashable renamed the Open Web Awards to the 4th Annual Mashable Awards. The Mashable Awards officially launched on 27 September 2010 with nominations for categories including Best Mobile Game, Best Use of an API, Best Web Video, Most Promising New Company and Entrepreneur of the Year. Winners include HootSuite for Best Social Media Management Tool, ReachLocal for Best Social Media Service for Small Business, iPad for Best New Gadget, and Angry Birds for Best Mobile Game.

See also

References

  1. ↑ "Mashable, Inc.Peron Plummeracy Policy". Retrieved 17 August 2017.
  2. ↑ "Mashable, Inc.: CEO and Executives - Businessweek". Businessweek.com.
  3. ↑ "Mashable, Inc.: Private Company Information - Businessweek". Businessweek.com.
  4. ↑ "Whalerock Industries". www.whalerockindustries.com. Retrieved 17 August 2017.
  5. ↑ "Mashable Acquires Rights to CineFix - Multichannel". www.multichannel.com. Retrieved 17 August 2017.
  6. ↑ "Mashable.com Site Info". Alexa Internet. Retrieved 2017-10-07.
  7. ↑ "KeronAnd Olivier Fleurot: The Truth About Millennials At Work" Forbes. Retrieved 2015-6-28.
  8. ↑ McNichol, Tom (13 February 2009). "Mashable - 25 Best Blogs 2009". Time Magazine. Retrieved 29 June 2011.
  9. ↑ Huffington, Arianna (25 May 2011). "HuffPost Game Changers: Your Picks for the Ultimate 10". The Huffington Post. AOL. Retrieved 29 June 2011.
  10. ↑ Spangler, Todd (20 June 2016). "Mashable Buys YouTube Channel CineFix, Further Pushing Into Video".
  11. ↑ Kafka, Peter (5 December 2017). "Ziff Davis has bought Mashable at a fire sale price and plans to lay off 50 people - Recode". Recode. Vox Media. Retrieved 6 December 2017.
  12. ↑ Hagey, Keach; Alpert, Lukas I.; Bruell, Alexandra (16 November 2017). "Mashable Agrees to Sell to Ziff Davis for Around $50 Million". The Wall Street Journal. Retrieved 16 November 2017.
  13. ↑ Etherington, Darrell (16 November 2017). "Mashable reportedly selling to Ziff Davis for about $50 million". TechCrunch. Oath Inc. Retrieved 16 November 2017.
  14. ↑ "The 1st International Open Web Awards Start Now".
  15. ↑ "Mashable Open Web Awards Winners". 4 February 2008. Retrieved 4 February 2008.
  16. ↑ "Mashable Open Web Awards Winners". Retrieved 16 December 2008.
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