Contact
Information:
Cassandra Bayna
312-670-4463 x 248
cbayna@briefing.com
Briefing.com
Proves Online Subscription Business Works
Live Market Analysis Leader Achieves Significant Growth and
Remains Profitable
Chicago, Ill. - January 9, 2001 - Briefing.com (www.briefing.com) today announced its third straight year of 100% growth. Despite market plunges over the past year and the recent dot-com sector crash, Briefing has now been profitable for 12 consecutive quarters, leaving the firm in its strongest market position ever.
"Briefing.com has, in the past year, secured new contracts with Prudential Securities, Yahoo! Finance and Microsoft®, among many others," says Dick Green, president of Briefing.com. "Our financial strength is surpassed only by our market position strength."
Internet subscriptions revenues were up 60% in 2000 even after turbulent market conditions and a January price increase. Overall, Briefing.com's subscriptions have grown at an average annual rate of 66% since 1997.
Advertising and content licensing were key to last year's growth as well. Year-to- year advertising revenue surged 262% in very difficult market conditions. In addition, 79 new websites, from brokerage firms to major portals, were licensed to display Briefing.com's content in 2000, a 239% increase in licensed partnership sales from the previous year boosting licensing revenues 109% from 1999. Briefing.com now has over 140 content partnerships.
About Briefing.com
Briefing.com is an employee-owned company headquartered in
Chicago, with offices in Boston and the San Francisco Bay Area.
Rated a “top site” eight consecutive years by Barron’s and three
consecutive years by Forbes.com, Briefing.com is the leading
provider of quality, live market analysis via the Internet.