Topix

Topix

News community connecting people to information and discussions that matter to them in us towns and cities.

HQ location
Palo Alto, United States
Website
Launch date
Employees
Enterprise value
$60—90m
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round
investor investor investor investor

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N/A

Acquisition
Total Funding000k

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Revenues, earnings & profits over time
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R&D budget0000

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More about Topix
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Topix, established in 2004, originated as a news aggregation platform with a mission to organize news stories by geography and topic, effectively creating tailored news pages for every community in the United States. The company was co-founded by a team including Rich Skrenta, Chris Tolles, Bryn Dole, Bob Truel, Tom Markson, and Mike Markson, many of whom were instrumental in the creation of the Open Directory Project (DMOZ). Rich Skrenta, a seasoned programmer known for creating one of the first personal computer viruses as a teenager, brought extensive experience from roles at Netscape, AOL, and Sun Microsystems. His background in developing large-scale directory and search technologies was foundational to Topix's initial technology.

Initially, Topix utilized proprietary technology to aggregate content from tens of thousands of sources, providing customized news feeds for over 32,500 U.S. localities. In March 2005, a consortium of major newspaper publishers, including Knight Ridder, Tribune Company, and Gannett, acquired a 75% stake, injecting significant capital and industry backing into the venture. A pivotal shift occurred around 2007 when the company recognized the immense value of user-generated content. This led to the launch of community forums, which quickly became a primary driver of traffic and user engagement, transforming Topix from a pure news aggregator into a community news site. The platform's business model relied on geographically targeted advertising.

As the digital landscape evolved, Topix underwent another significant transformation in 2014, moving away from news aggregation and community forums to focus on creating original, shareable entertainment content. The company launched new slideshow and quiz-based sites like 'Stars' and 'Offbeat' to cater to a broader audience interested in pop culture, celebrities, and viral content. This strategy aimed to monetize content through advertising on high-engagement platforms. The local news and forums, which had become controversial for their often unmoderated and contentious discussions, were officially shut down on December 20, 2018. Ultimately, in 2019, Publishers Clearing House acquired Topix, and the company's website was redirected, marking the end of its operations as an independent entity.

Keywords: Topix, news aggregation, community forums, local news, Rich Skrenta, Chris Tolles, Open Directory Project, Gannett, Tribune Company, hyperlocal media, user-generated content, content aggregation, viral content, entertainment media, online discussion, Publishers Clearing House, news platform, web forums, Palo Alto, media technology

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