Axios (website)
Axios (also written as ΛXIOS) is an American news website. It was started in 2016 by Jim VandeHei, Mike Allen and Roy Schwartz. The three founders were journalists working for Politico. The site's name is a Greek word: ἄξιος (áxios), meaning "worthy".[1]
Articles on Axios are always shorter than 300 words and and use bullet points to make it easier for people to read. Axios produces news articles, daily and weekly newsletters for various industries, and two daily podcasts.[1]
On September 1, 2022, Cox Enterprises became the owner of Axios.[2]
History
changeVandeHei said he wanted Axios to be a "mix between The Economist and Twitter".[3] The company started by covering a mix of business, politics, technology, health care, and media. When they launched, Nicholas Johnston, a former managing editor at Bloomberg, was the editor-in-chief.[4]
In 2016, Axios got $10 million in a round of funding led by Lerer Hippeau Ventures. As of November 2017, Axios had raised $30 million.[5][6] Axios makes money from short adverts and sponsored newsletters.[7] It earned more than $10 million in revenue in its first seven months.[8]
References
change- ↑ 1.0 1.1 Sarah, Ellison (30 November 2016). "Exclusive: Mike Allen and Jim Vandehei Reveal their Plan for Media Domination". Vanity Fair.
- ↑ Mullin, Benjamin (2022-08-08). "Axios Agrees to Sell Itself to Cox Enterprises for $525 Million". The New York Times. ISSN 0362-4331. Retrieved 2023-01-26.
- ↑ Shephard, Alex (2017-05-02). "Axios and Donald Trump Are Made For Each Other". The New Republic. ISSN 0028-6583. Retrieved 2023-01-26.
- ↑ Lukas I., Alpert. "Politico Co-Founder Jim VandeHei to Launch News Venture for Professionals".
- ↑ Mullin, Benjamin. "Axios Raises $20 Million to Fund Newsroom Expansion". WSJ. Retrieved 2023-01-26.
- ↑ Shephard, Alex (2 May 2017). "Axios and Donald Trump Are Made for Each Other". The New Republic.
- ↑ SuttonNovember 20, Kelsey; 2018. "Why Axios Is Betting Big on Native Content, Sponsored Events and Branded Newsletters". www.adweek.com. Retrieved 2023-01-26.
{{cite web}}:|last2=has numeric name (help)CS1 maint: numeric names: authors list (link) - ↑ SuttonNovember 20, Kelsey; 2018. "Why Axios Is Betting Big on Native Content, Sponsored Events and Branded Newsletters". www.adweek.com. Retrieved 2023-01-26.
{{cite web}}:|last2=has numeric name (help)CS1 maint: numeric names: authors list (link)