Mashable
Mashable began as a WordPress blog written by a single person in Aberdeen, Scotland, in July 2004. Pete Cashmore was the sole author, posting from Scotland at a time when most digital media companies were rooted in coastal American cities. Within a few years, that modest blog had accumulated more than six million Twitter followers and over three million fans on Facebook. What drove a one-person operation from a Scottish city to that kind of reach? The story involves a $50 million fire sale, mass layoffs, and an expansion across multiple continents that none of those early WordPress posts could have predicted.
Pete Cashmore launched the site from Aberdeen, Scotland, a city not typically associated with Silicon Valley-style media startups. The earliest version of Mashable had no editorial team, no advertising department, and no staff beyond Cashmore himself. Time magazine took notice, naming Mashable one of the 25 best blogs of 2009. That recognition marked a turning point: a personal blog had crossed into the territory of a recognized media property. The audience Cashmore built through those early years would eventually attract the attention of acquirers and investors looking for digital reach.
In December 2017, Ziff Davis purchased Mashable for $50 million. Recode described that price as a "fire sale," a phrase that stuck because the numbers behind it were stark. In the quarter ending September 2017, Mashable had accumulated $4.2 million in losses and had not been meeting its advertising targets. After the acquisition closed, Mashable laid off 50 staff. Top management was preserved, but the workforce reduction signaled how different the company looked from the scale its social following might have suggested. The gap between audience size and sustainable revenue had proven costly.
Under Ziff Davis, Mashable grew beyond its English-language roots. The company expanded to countries across multiple continents, including Europe, Asia, the Middle East, and Australia, operating in several languages. That geographic spread represented a significant shift from the single-author blog Cashmore had run from Scotland. In June 2016, before the Ziff Davis sale, Mashable had already made an acquisitive move of its own, purchasing CineFix from Whalerock Industries. CineFix was a YouTube channel, and its acquisition pointed toward the video ambitions Mashable was pursuing ahead of its financial difficulties. Jessica Coen served as editor-in-chief during part of the Ziff Davis era, leaving in June 2021 to join Morning Brew.
Common questions
Who founded Mashable and when was it started?
Mashable was founded by Pete Cashmore in July 2004 while he was living in Aberdeen, Scotland. The site began as a simple WordPress blog with Cashmore as its sole author.
How much did Ziff Davis pay to acquire Mashable?
Ziff Davis bought Mashable for $50 million in December 2017. Recode described the price as a "fire sale," noting that Mashable had accumulated $4.2 million in losses in the quarter ending September 2017 and had not been meeting its advertising targets.
How many staff did Mashable lay off after the Ziff Davis acquisition?
Mashable laid off 50 staff following the December 2017 sale to Ziff Davis. Top management was preserved after the layoffs.
What countries did Mashable expand to under Ziff Davis?
Under Ziff Davis, Mashable expanded to countries across Europe, Asia, the Middle East, and Australia, operating in several languages.
What YouTube channel did Mashable acquire and from whom?
Mashable acquired CineFix from Whalerock Industries in June 2016. CineFix was a YouTube channel.
Who was Mashable's editor-in-chief and when did they leave?
Jessica Coen served as Mashable's editor-in-chief and left the company in June 2021 to join Morning Brew.
All sources
57 references cited across the entry
- 1webPete Cashmore2016-10-21
- 2webMashable, Inc.: Private Company InformationBloomberg L.P.
- 3webWhalerock Industrieswhalerockindustries.com
- 4webMashable Acquires Rights to CineFix – Multichannelmultichannel.com — 20 June 2016
- 5webMashable, Inc. Peron Plummeracy PolicyMashable
- 7newsPete Cashmore: the man behind MashableEmma Barnett — 13 March 2012
- 8bookWordPress for Small Business: Easy Strategies to Build a Dynamic Website with WordPressScott Wilson — Callisto Media Inc. — 2015-07-15
- 9webAdam Ostrow, Mashable's New EditorPete Cashmore — 2007-10-15
- 10newsMashable – 25 Best Blogs 2009Tom McNichol — Time Magazine — 13 February 2009
- 11newsHuffPost Game Changers: Your Picks for the Ultimate 10Arianna Huffington — AOL — 25 May 2011
- 12webMashable Expanding Its CoverageJennifer Preston — 2011-09-13
- 13webCNN Is Said to Be in Talks to Acquire MashableBrian Stelter — 2012-03-12
- 14webInside Velocity: Mashable's predictive social analytics toolCatalina Albeanu — 2015-07-22
- 15webMashable Launches Android App That Predicts Stories That Will Go ViralDianna Dilworth — 2013-08-16
- 16webMashable finds early success as tech vendorRicardo Bilton — 2015-12-04
- 17webInside Mashable's Tool That Maps How Branded Content Is SharedTim Peterson — October 20, 2015
- 18webMashable Partners With the Collective on Video ProductionMike Shields — 2013-11-11
- 19web'Jack-of-all-trades, master of none': Why Mashable flamed outLucia Moses — 2017-11-21
- 20webWhy Mashable centers its video strategy on YouTubeEric Blattberg — 2014-08-28
- 21webTurner Leads $15 Million Round in MashableTodd Spangler — 2016-03-31
- 22webSnapchat Discover to Add Mashable, Limit Sponsorship TakeoversPeterson Tim — August 21, 2015
- 23newsIn Discover, Snap Sees a Bright Spot as It Tries to Fend Off FacebookKatie Benner — 2017-05-07
- 24webMashable-Visa Deal Signals New Hybrid Of Ecommerce Plus NativeTobi Elkin — December 1, 2015
- 25webComcast Announces a Streaming Video Platform of Its OwnTim Baysinger — 2015-09-29
- 26webBravo, Mashable Pact for 4 Short-Form Original SeriesTodd Spangler — 2016-03-14
- 27webTelemundo, Mashable Team For Spanish-Language Content HubErik Sass — December 9, 2014
- 28webMashable Plans Facebook Live Programs, New Short-Form Series In Video PushNatalie Jarvey — 2016-05-13
- 29webAmazon challenges YouTube with self-serve ‘Video Direct’ service, offering Prime Video distributionTodd Bishop — 2016-05-10
- 30webMashable Launches 2 Series on Verizon’s Go90Todd Spangler — 2016-05-11
- 31newsMashable Announces Personnel Shifts and Job CutsRavi Somaiya — 2016-04-07
- 32webMashable Lays Off Editorial Staff as It Shifts Focus to VideoTim Baysinger — 2016-04-07
- 33newsFor News Outlets Squeezed From the Middle, It’s Bend or BustJim Rutenberg — 2016-04-18
- 34webMashable Hires a New CRO and New Chief Content OfficerJeremy Barr — April 7, 2016
- 35webMashable Buys YouTube Channel CineFix, Further Pushing into VideoTodd Spangler — 20 June 2016
- 36webMashable Hires Gawker Media, Vocativ Veteran Jessica CoenJeremy Barr — October 17, 2016
- 37webWhy publishers' e-commerce ambitions are extending to subscriptionsMax Willens — 2017-06-23
- 38webLeaked Mashable documents show how bleak things were before Ziff Davis came to the rescueMaxwell Tani — December 18, 2017
- 39webMashable Hires Bankers to Study Options Including SaleAugust 15, 2017
- 40news10 things in tech you need to know todayJames Cook — Axel Springer — 19 December 2017
- 41webMashable is reeling in its video ambitions after Ziff Davis saleSahil Patel — 2017-12-08
- 42newsZiff Davis has bought Mashable at a fire sale price and plans to lay off 50 people - RecodePeter Kafka — Vox Media — 5 December 2017
- 43newsMashable Agrees to Sell to Ziff Davis for Around $50 MillionKeach Hagey et al. — Dow Jones & Company — 16 November 2017
- 44newsMashable reportedly selling to Ziff Davis for about $50 millionDarrell Etherington — Oath Inc. — 16 November 2017
- 45webTelemundo’s ‘Un Nuevo Dia’ Debuts Weekly Mashable Tech SegmentTodd Spangler — 2018-08-21
- 46newsMashable's Jessica Coen heads to Morning Brew as content chiefSara Fischer — Cox Enterprises — 14 June 2021
- 47web‘Connecting with diverse audiences’: Mashable’s new editor-in-chief wants to add coverage of inclusion in techSara Guaglione — 2022-01-31
- 48newsMashable appoints editor for new London office as UK audience growsMark Sweney — 2014-09-23
- 49webMashable Expands to AustraliaChris O'Shea — 2014-06-06
- 50webMashable turns to Asia as it looks to expand international reachShannon Bond — July 19, 2015
- 51webMashable India Launched as Venture With Penske Media CorporationVariety Staff — 2015-02-18
- 52newsMashable launches French-language site with France 24Mark Sweney — 2016-03-08
- 53webMashable to launch in China after signing deal with TencentCharlotte McEleny — January 18, 2017
- 54webMashable comes to the Middle East2018-11-28
- 55webMalaysia's Rev Asia partners with Ziff Davis to launch Mashable Southeast AsiaJohn Lim — 2018-09-25
- 57webMashable officially launched in Pakistan2020-01-25