TheStreet Signs Doug Kass to New Long Term Agreement "The Bear That Buffett Trusts" Will Continue Providing Daily Market Commentary on Real Money Pro Thru 2015
NEW YORK, March 6, 2013 /PRNewswire/ -- TheStreet, Inc. (Nasdaq: TST), a leading digital financial media company, today announced that it has signed prominent contributor and hedge fund manager Doug Kass to a new long term contributor agreement. Under the terms of the arrangement, Mr. Kass, a long time contributor to TheStreet's network of sites, will continue to post market commentary and trading ideas twelve times each business day to his daily diary on Real Money Pro (www.realmoneypro.com), as well as participate in Columnist Conversations, a real-time discussion featuring Real Money Pro columnists found exclusively on TheStreet's subscription services. The new agreement is effective March 1, 2013 and continues through February 2015.
"We are excited to continue our relationship with Doug Kass as a marquee contributor," said Elisabeth DeMarse, CEO of TheStreet. "He is extremely well-respected throughout the industry and was most recently named as the credentialed bear to speak at Warren Buffet's annual meeting for Berkshire Hathaway (NYSE: BRK.A, BRK.B). He also called Apple (Nasdaq: AAPL) overvalued and ready for a fall on September 24, 2012 in Real Money Pro, and Apple has dropped 39% since then. We look forward to reading his prescient investment calls and informative market commentary on Real Money Pro."
"I'm happy to continue my long affiliation with TheStreet, especially at this exciting moment," said Doug Kass. "Real Money Pro provides a unique service where Wall Street professionals with real money at stake share trading ideas and discuss the latest market action. I'm proud to headline Real Money Pro and pour my heart and soul into my trading diary throughout the day."
TheStreet, Inc. is a leading digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands includes: TheStreet, Action Alerts PLUS, RealMoney, RealMoney Pro, Stockpickr, Options Profits, MainStreet, RateWatch and Dividend Stock Advisor. For more information on TheStreet's business, visit http://www.t.st. For financial and business news, actionable trading ideas, stock quotes and more, visit TheStreet.com, follow TheStreet on Facebook and Twitter, and access TheStreet through all major mobile and tablet platforms. For more information on The Deal, visit www.thedeal.com.
About Real Money Pro
Where can you find legendary hedge fund manager Doug Kass' latest trading ideas – Real Money Pro! Built exclusively for active traders, Kass publishes his Daily Diary throughout the trading day, giving you his up-to-the minute thoughts on the latest market action. You'll also get Jim Cramer's live blog, as well as market commentary from 35+ Wall Street professionals with real money at stake. Whether you're a bull or a bear, you'll get crucial analysis, including price targets – at a rapid fire, professional pace – to help you make sound trading decisions – every day, every hour, every minute. Don't miss out. For a free trial of Real Money Pro, visit http://www.realmoneypro.com
SOURCE TheStreet, Inc.