This is not your parents' personal finance blog: Announcing Banks.com
LAS VEGAS, Dec. 3, 2014 /PRNewswire/ -- Money. Everyone needs it. Everyone wants more of it. Everyone has something to say about it. Yet no one is talking about money honestly, earnestly, and in a fun way.
That all changes today as Remark Media launches banks.com, a personal finance site with a brave mission: To share stories of financial success and failure, the humanity of making and losing money, and what we can all learn from it.
Long-form, first-person accounts like "Screw The Bank! Why I Use Peer-To-Peer Lending", "Quit Your Job – It's Good for Your Career", and "Getting A Useless Art Degree Is One Of My Biggest Regrets" are punctuated by daily news short-hits like "Ludicrous People are Already Lined up for Black Friday". Banks.com sections include Success, Failure, Work, Life, and Tips & Tools.
"We simply noticed that no one is being frank and straight-up about money," noted Remark Media's Head of Content Joshua Fruhlinger. "Money is one of those topics that's usually pedantic and comes off as more of a college lecture. But it's something we all deal with, just like food and water. We want to take it out of the laboratory and just make it fun and real."
Banks.com launches today with more than 100 articles, news hits, and first-person accounts. With a completely mobile-friendly responsive design, state-of-the-art usability and community features, banks.com is poised to change the personal finance news and information space online.
"When they told me what they wanted to do with banks.com, I was all for it," says Shing Tao, CEO of Remark Media. "Our core demographic of 18-34 year olds is hungry for stories of success, but they're also curious to learn from their peers' failures. We think banks.com delivers on all of that and more. The new site is both addictive and illuminating."
Banks.com is Remark's latest addition to an already diverse portfolio of financial service and information sites. It joins the US Tax Center at IRS.com and TaxExtension.com as a pure content play.
About Remark Media
Remark Media, Inc. (Nasdaq: MARK) is a global media company that owns and operates a portfolio of assets focused on the 18-to-34-year-old (otherwise known as "The Millennials" or "Gen Y") demographic across a variety of lifestyle verticals. These include fashion, sports, travel, entertainment, health and wellness, personal finance, and informational know-how.
Remark Media's assets presently include: (i) Bikini.com, an aspirational lifestyle and ecommerce destination for the beach globetrotter; (ii) Roomlia, a mobile hotel booking app that provides a superior user travel experience while balancing the needs of hotel owners; (iii) HowStuffWorks China and Brazil, locally known as BoWenWang and Comotudofunciona, respectively; (iv) PPTV Boxing, the first ever digital boxing channel in China launched in partnership with PPTV, China's largest leading online TV service; and (v) Banks.com, US Tax Center at www.irs.com, FileLater.com, and TaxExtension.com, a suite of digital sites focused on personal finance. Additionally, Remark Media is a founding partner and equity owner of Sharecare, Inc. Created by Jeff Arnold, founder of WebMD, and Dr. Mehmet Oz, in partnership with Harpo Productions, Sony Pictures Television, and Discovery Communications, Sharecare is a highly searchable social healthcare platform organizing and answering the questions of health.
The Company is headquartered in Las Vegas with operations in Beijing and Sao Paulo. Remark Media is listed on The NASDAQ Capital Market under the ticker MARK.
Forward-looking Statements
This press release contains "forward-looking statements," as defined in Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be in the future tense, and often include words such as "anticipate", "expect", "project", "believe", "plan", "estimate", "intend", "will" and "may". These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Remark Media. Relevant risks and uncertainties include those referenced in Remark Media's filings with the SEC, and include but are not limited to: our losses and need to raise capital; successfully developing and launching the Boxing Channel; reliance on third parties such as PPTV; ability to procure content and monetize audiences; restrictions on intellectual property under agreements with third parties; challenges inherent in developing an online business; reliance on key personnel; risks of business in foreign countries, notably China and Brazil, including obtaining regulatory approvals and adjusting to changing political and economic policies; governmental laws and regulations, including unclear and changing laws and regulations related to the internet sector in foreign countries, especially China; general industry conditions and competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Remark Media assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
Contact:
Douglas Osrow
+1 (702) 701-9514 ext. 3025
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/this-is-not-your-parents-personal-finance-blog-announcing-bankscom-300004330.html
SOURCE Remark Media, Inc.
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