Robinhood launches news media arm led by Joshua Topolsky
“The next generation looks at money and the markets through an entirely new lens, they live at a different speed — and they want something more substantive in their diet. We have this unique moment and position and perspective to build a news organization for the next wave, and I’m super excited to be a part of it.”
Robinhood Markets, Inc. has announced the launch of a new subsidiary, Sherwood Media, LLC, that will be a home for news and information about the markets, economics, business, technology, and the culture of money.
After the success of Robinhood’s daily markets and business newsletter, Snacks, the neobroker has decided to double down its focus on news media.
Building on the success of Snacks, which is read by tens of millions of people, Sherwood Media will launch a suite of new editorial offerings throughout 2023, complementing Snacks with more always-on news updates and analysis, original reporting, new newsletter offerings, social-first content, and live events.
The Editor-in-chief and President of Sherwood Media will be Joshua Topolsky, founder and former Editor-in-chief of the technology news network The Verge, co-creator of its parent company Vox Media, and former Chief Digital Content Officer at Bloomberg.
Joshua Topolsky, Editor-in-Chief and President, Sherwood Media, LLC, said: “The story of money is the story of culture — from sports and entertainment, to the biggest business and tech news of the day, to geopolitics and beyond. These stories don’t just live in a terminal; they play out in our lives every day. The next generation looks at money and the markets through an entirely new lens, they live at a different speed — and they want something more substantive in their diet. We have this unique moment and position and perspective to build a news organization for the next wave, and I’m super excited to be a part of it.”
