IB Times
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 The September 9, 2010 front page of
The IBTimes home page |
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| Type | 24/7 |
|---|---|
| Format | Online |
| Owner(s) | IBT Media |
| Editor | Peter S. Goodman |
| Founded | 2006 |
| Language | English, Chinese, Japanese, Italian |
| Headquarters | 7 Hanover Square, Fl 5 Manhattan, New York City, US |
| Website | www |
The International Business Times is an American online news publication that publishes seven national editions and four languages. The publication, sometimes called IBTimes or IBT, offers news, opinion and editorial commentary on business and commerce. IBT is one of the world's largest online news sources; IBT's 2014 media kit claims that its online properties receive 40 million unique visitors each month. Its 2013 revenues were around $21 million.
IBTimes was launched in 2005; it is owned by IBT Media, and was founded by Etienne Uzac and Johnathan Davis. Its headquarters are in a former Newsweek office in the Financial District of Lower Manhattan, New York City.
Founder Etienne Uzac, a native of France, came up with the idea for the global business news site while a student at the London School of Economics. He found that the strongest business newspapers had a focus on the U.S and Europe and planned to provide broader geographic coverage. Uzac recruited Johnathan Davis to join him in the enterprise. In late 2005, Uzac and Davis moved to New York to launch the site, with Uzac primarily focused on business strategy, while Davis coded the site and wrote the first articles.
In May 2012, the company announced that Jeffery Rothfeder had been appointed as the publication's new Editor-in-Chief, while Davis, who previously served as Executive Editor, would manage the company's content strategy across all platforms as the Chief Content Officer.
On August 4, 2013, IBT Media, the owner of IBTimes, announced its purchase of Newsweek and newsweek.com from IAC/InterActiveCorp. The purchase did not include The Daily Beast.Peter S. Goodman, previously the executive business editor and global news editor of The Huffington Post, became the editor in 2014.
From March to July 2016, IBT laid off an estimated 30 percent of its editorial staff. This period marked a new era for the company as it expanded into branded content and events with its sister publication Newsweek. At the same time, Dev Pragad who had started the EMEA business in 2009 was promoted from managing director of Europe to global CEO of Newsweek and IBT. This was followed in January 2017 by the appointment of Alan Press in the “newly-created, strategic role of President”.
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