STOCK TITAN

Robinhood Announces Sherwood Media, LLC

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Robinhood Markets (NASDAQ: HOOD) announced the launch of Sherwood Media, LLC, a new subsidiary focused on providing news and insights about markets, economics, and business culture. Sherwood Media aims to expand on the success of Snacks, a popular daily newsletter. Joshua Topolsky, formerly of The Verge, has been appointed as Editor-in-chief. Sherwood Media will offer a range of editorial content, including news updates, original reporting, and advertising opportunities for select partners throughout 2023.

Positive
  • Formation of Sherwood Media, LLC to enhance market news offerings.
  • Sherwood Media will build on the success of the highly-read Snacks newsletter.
  • Joshua Topolsky, an experienced media executive, appointed as Editor-in-chief.
Negative
  • None.

MENLO PARK, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (NASDAQ: HOOD) today announced the formation of Sherwood Media, LLC, a new subsidiary that will be a home for news and information about the markets, economics, business, technology, and the culture of money. Sherwood Media, LLC will build on the success of Snacks — a daily markets and business newsletter — which has one of the largest audiences in the country. Tens of millions of people read Snacks each week for its incisive, illuminating views on the biggest news of the day. Joshua Topolsky — founder and former Editor-in-chief of the technology news network The Verge, co-creator of its parent company Vox Media, and former Chief Digital Content Officer at Bloomberg — will serve as the Editor-in-chief and President of Sherwood Media.

“The story of money is the story of culture — from sports and entertainment, to the biggest business and tech news of the day, to geopolitics and beyond. These stories don’t just live in a terminal; they play out in our lives every day. The next generation looks at money and the markets through an entirely new lens, they live at a different speed — and they want something more substantive in their diet. We have this unique moment and position and perspective to build a news organization for the next wave, and I’m super excited to be a part of it.”-- Joshua Topolsky, Editor-in-Chief and President, Sherwood Media, LLC

Sherwood Media, LLC will launch a suite of new editorial offerings throughout 2023, complementing Snacks with more always-on news updates and analysis, original reporting, new newsletter offerings, social-first content, and live events. Additionally, starting with Snacks, Sherwood Media, LLC will offer exclusive advertising opportunities with select partners.

About Robinhood
Robinhood Markets is on a mission to democratize finance for all. With Robinhood, people can invest with no account minimums through Robinhood Financial LLC, buy and sell crypto through Robinhood Crypto, LLC, spend, save, and earn rewards through Robinhood Money, LLC, and learn about investing through easy-to-understand educational content. Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its blog, Under the Hood (accessible at blog.robinhood.com), as means of disclosing information to the public for purposes of the SEC’s Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.

"Robinhood" and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc.

Contacts

Media
press@robinhood.com


FAQ

What is Sherwood Media, LLC?

Sherwood Media, LLC is a new subsidiary of Robinhood focused on delivering market news and insights.

Who is leading Sherwood Media, LLC?

Joshua Topolsky, former Editor-in-chief of The Verge, has been appointed as the Editor-in-chief and President.

What new offerings will Sherwood Media launch in 2023?

Sherwood Media will launch news updates, original reporting, and new newsletter offerings, among other content.

How does Sherwood Media complement Snacks?

Sherwood Media will expand on the success of Snacks by providing additional always-on news updates and analysis.

What is the significance of the Snacks newsletter?

Snacks has one of the largest audiences in the country for market insights, being read by tens of millions weekly.

Robinhood Markets, Inc.

NASDAQ:HOOD

HOOD Rankings

HOOD Latest News

HOOD Stock Data

20.99B
762.91M
0.79%
79.72%
2.57%
Capital Markets
Security Brokers, Dealers & Flotation Companies
Link
United States of America
MENLO PARK