NEW YORK, NY--(Marketwired - Jun 21, 2013) - Digital First Ventures, the venture capital arm of Digital First Media, today announced a strategic partnership with NewsCred, the world's leading content marketing and syndication platform.
The partnership enables Digital First Media to rapidly scale new content verticals leveraging NewsCred's leading Publisher Network and technology platform.
"The NewsCred partnership gives us access to superior tools and content suppliers through a single platform and creates an efficient and effective way for us to develop new content areas that will expand our growing digital audience, while also provide new revenue opportunities," said John Paton, Chief Executive Officer of Digital First Media.
In addition to utilizing NewsCred's technology platform, the partnership provides Digital First Media access to full-text articles, images and videos from NewsCred's Publisher Network of over 2,500 world-class content partners. The partnership also adds Digital First Media's content to NewsCred's network, delivering its content to publishers and brands seeking to capitalize on the revenue-driving power of content marketing.
"Delivering NewsCred's SmartPress CMS to over 70 properties through our partnership with Digital First Media is a huge opportunity," said Shafqat Islam, Co-Founder and Chief Executive Officer, NewsCred. "As the demand increases for both agile publishing tools and high-quality content to feed growing digital audiences, this partnership showcases our market-leading capabilities on these vital and deeply integrated fronts."
"NewsCred allows Digital First Media to expand our online content portfolio and supplement the original reporting of our network of local journalists. The partnership will allow us to deepen existing content verticals and quickly deploy new verticals that we know our audiences want," said Jim Brady, Editor-in-Chief for Digital First Media.
About Digital First Ventures
Digital First Ventures (DFV) is focused on helping entrepreneurs incubate, validate and accelerate businesses in the digital media space. As a division of Digital First Media -- which operates more than 800 media products serving 61.5 million customers each month and generates annual revenues of more than $1.4 billion -- DFV is ideally suited to accelerate value creation for seed, early and growth stage digital media companies.
About Digital First Media
Digital First Media is headquartered in New York City and jointly manages MediaNews Group and 21st Century Media. Digital First Media reaches 61.5 million Americans each month through more than 800 multi-platform products across 18 states.
NewsCred puts content at the heart of every business. As the world's leading content marketing and syndication platform, NewsCred provides brands and publishers with access to fully-licensed articles, images and video from more than 2,500 world-class sources.
Through powerful curation technology and an experienced editorial team, NewsCred empowers brands and publishers to drive new revenue and deliver the content their audiences need, want and share. The company builds custom content solutions with speed and scale -- from niche editorial sections and thought leadership portals to social media and email marketing campaigns.