TheStreet Signs New Long-Term Deal with Doug Kass
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."
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