NewsBreak

NewsBreak

Digital platform for news aggregation and distribution

About

NewsBreak is a digital platform that provides a variety of news articles and stories to its users. It aggregates news from multiple sources, including independent contributors, and presents it in a user-friendly format. The platform covers a wide range of topics, including local news, global events, lifestyle, and entertainment, which helps it attract a diverse audience. Unlike traditional news outlets, NewsBreak focuses on content aggregation and distribution, allowing users to access a broad spectrum of news in one place. The company primarily generates revenue through advertising, leveraging its large user base to offer advertisers a valuable platform. Additionally, it may form partnerships with news providers and content creators to enhance its offerings. The goal of NewsBreak is to provide accessible news content to a wide audience while maintaining a competitive edge in the news and media industry.

Company Stage

Series C

Employees

201-500

Industries

Entertainment

Total Funding

$136M

Headquarters

Mountain View, California

Founded

2015


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Simplify's Take

What believers are saying

  • NewsBreak's rapid user growth, with over 50 million monthly users, indicates strong market traction and potential for further expansion.
  • The platform's diverse content, ranging from local news to lifestyle and entertainment, attracts a wide audience, enhancing its appeal to advertisers.
  • Strategic hires, such as Kevin Simon from LinkedIn, bolster NewsBreak's leadership team and product development capabilities.

What critics are saying

  • The highly competitive news and media market requires continuous innovation to maintain user engagement and market share.
  • Reliance on advertising revenue makes NewsBreak vulnerable to fluctuations in the ad market, which could impact financial stability.

What makes NewsBreak unique

  • NewsBreak's focus on local news coverage, supported by its Contributor Network, sets it apart from competitors who primarily focus on national or global news.
  • The platform's certification by IAB Tech Lab for its implementation of the Open Measurement SDK highlights its commitment to transparency and ad quality, distinguishing it from other news aggregators.
  • Partnerships with platforms like Index Exchange and Prebid Mobile for video advertising optimization provide NewsBreak with a competitive edge in ad revenue generation.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

9%

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