IBT Media was founded in 2005 by Etienne Uzac and Jonathan Davis, and on January 28, 2016, the company successfully registered its domain name. After experiencing rapid growth and diversified expansion, it gradually became an important player in the global media industry. From the initial concept of a global newspaper to deep cultivation in financial information services, and then to expansion in education, travel, and other fields, IBT Media continuously innovates to meet the needs of businesses and readers both domestically and internationally.
Corporate Background
In 2005, Etienne Uzac and Jonathan Davis developed the initial idea for a global newspaper, aimed at meeting the needs of domestic businesses and connecting dots internationally. In 2006, they officially registered IBTimes in New York, thus embarking on their media empire's expansion journey. IBT Media’s development history fully demonstrates how a media company can transform from a small-scale startup to an internationally renowned media group through continuous innovation and keen insight into market demands. This process not only proved the foresight of the IBT Media team but also marked its significant status and influence in the global media industry.
Diversified Development
Since its inception, IBTimes has actively expanded its business boundaries, covering important fields from foreign exchange to commodities, and then to education and travel. In 2007, with the establishment of IBT's Forex and Commodities centers, IBTimes took significant steps in providing in-depth financial information services, becoming an indispensable source of information for financial traders. Following in 2008, IBTimes further expanded its service range, launching new websites for IBT Education and IBT Travel. The launch of these websites not only enriched the content system of IBTimes but also met readers' needs for high-quality educational resources and travel information, thus significantly achieving the diversified development strategy in the global media industry.
Global Expansion
In a pivotal moment in 2009, IBTimes adopted a bold global expansion strategy, successfully launching global editions covering the United Kingdom, India, Australia, China, Korea, Japan, Italy, Spain, Portugal, and other countries and regions. This strategic move not only quickly enhanced IBTimes' international influence but also marked it as a truly global news media. To better meet the diverse market and reader groups' needs, IBT also expanded its news reporting and analysis areas, adding columns focusing on work, health, and the real estate market. These new content sections not only broadened IBTimes' news scope but also provided global readers with more comprehensive and in-depth information services, further solidifying its position in the global media industry.
Continuous Expansion and Innovation
Since 2010 and beyond, IBTimes has continued to expand its coverage area, adding fields such as law, arts and design, and automobiles, making it a key business publication with both breadth and depth. In 2011, IBTimes experienced exponential growth and moved into its new headquarters. That same year, they launched the IBT1000, a proprietary global index of the fastest-growing individuals and their stories.
Brand Reorganization and New Platform Launch
In 2012, the establishment of IBT Media marked the company's transformation into a global media group. The launch of multiple new brands and niche websites, as well as platforms like BizU.tv, aimed to meet professionals' needs with high-quality videos. In 2013, IBT Media continued to broaden its publication base, launching MedicalDaily, HollywoodTake, LatinTimes, etc., to meet the needs of different reader groups.
The Acquisition of Newsweek and Reaffirmation of Mission
In the fall of 2013, IBT Media completed a significant acquisition of Newsweek, which has an 80-year history, marking a further expansion and strength increment in the global news media field. By integrating the Newsweek brand, IBT Media not only greatly enriched its product line and content resources but also significantly enhanced its influence and competitiveness in the international news reporting field. Additionally, in 2018, IBT Media reaffirmed its unwavering commitment to global business, showing the company's efforts and determination to advance global information dissemination and provide high-quality news content to readers worldwide. These measures not only deepened IBT Media's footprint in the global market but also further solidified its position as a leader in the international news media field.
New Services and Social Impact
In 2020, IBTimes launched IBT Spotlight, aimed at helping businesses make smarter supplier selection decisions. In 2021, IBT emphasized awarding business leaders who have a positive social impact through the Social Capital Forum, demonstrating its commitment not only to business development but also to social responsibility and sustainable development.
Awards and Honors
In recent years, IBT Media and its publications have won a series of important honors and awards, including The Drum Online Media Awards and SABEW Best In Business Awards, for their outstanding achievements in news reporting and media innovation. These honors are not only an affirmation of the IBT Media team's professional competence and innovation ability but also reflect its significant accomplishments and leadership position in the global media industry. By continuously pursuing news quality and innovative reporting, IBT Media has successfully established its authoritative image on the international stage, making these awards important milestones on its path to excellence and professional development, showcasing its influence and competitiveness in the global news media field.
Conclusion
Looking to the future, IBT Media plans to continue expanding its operational and editorial footprint, aiming to become a leader in global information dissemination through continuous innovation and optimization. Furthermore, the numerous honors and awards IBT Media and its publications have received, such as The Drum Online Media Awards and SABEW Best In Business Awards, fully demonstrate its outstanding performance and professional standards in the global media industry, showing the company's continuous commitment to providing valuable news, analysis, and information.
Currently, IBT Media is marked as "operating normally" in the TraderKnows.
