Revolutionizing News Delivery: The Skimm Success Story Unveiled | New business ideas, business ideas, ideas for business, business ideas, small business ideas

The Skimm is an American media company that revolutionized the way news is delivered to its audience. Back in 2012, NBC News producers, Daniela Weisberg and Carly Zakin, introduced a groundbreaking concept by offering a simplified email newsletter to their friends, highlighting the most important news both in the U.S. and globally. Fast forward five years, they amassed an impressive 4 million subscribers worldwide and secured investments of $8 million from 21st Century Fox and $500,000 from the New York Times.

Mission and Concept

The internet today thrives on personalization, catering to users' interests. Search engines and social networks often prioritize cute animals and movie trailers because that's what most users seek. Weisberg and Zakin realized that their peers, mainly focused on entertainment, lacked interest in traditional news. Thus, they embarked on delivering daily email briefings with a fresh take on current events.

During a media crisis in 2012, the duo decided to shift their focus from broadcast news to their newsletter, aiming to engage a wider audience through a more user-friendly approach.

One of their newsletters creatively informed subscribers about the AT&T and Time Warner deal: "The AT&T and Time Warner deal could reshape the media landscape. Jon Snow, Anderson Cooper, and your phone plan may soon converge."

Skimm girls, as they called themselves, became synonymous with being well-informed, witty, and able to distill complex news into digestible content. Their newsletters provided essential facts and insights to spark conversations and keep readers informed about national and global events.

Investments and Revenue

After leaving their jobs in 2012, Weisberg and Zakin faced the challenge of convincing investors about the viability of email newsletters, a medium losing appeal among younger audiences captivated by social media. Despite initial skepticism, they eventually secured $1 million from Homebrew in late 2014.

By 2016, The Skimm had grown to a team of 30 and garnered around 4.5 million subscribers, with a remarkable engagement rate of 30% compared to industry standards. Their revenue model, including strategically placed advertisements within newsletters and a subscription-based mobile app launched in 2017, has proven successful in sustaining the company's operations.

While the exact revenue figures remain undisclosed, The Skimm's profitability is evident, supported by millions of weekly views and a dedicated subscriber base.