Dotdash Meredith
Dotdash Meredith (formerly The Mining Company, About.com and Dotdash) is an American digital media company based in New York City. The company publishes online articles and videos about various subjects across categories including health, home, food, finance, tech, beauty, lifestyle, travel, and education. It operates brands including Verywell, Investopedia, People, The Balance, Byrdie, MyDomaine, Brides, The Spruce, Simply Recipes, Serious Eats, Liquor.com, Lifewire, TripSavvy, TreeHugger, and ThoughtCo. In August 2012, About.com became a property of IAC, owner of Ask.com and numerous other online brands, and its revenue is generated by advertising. In addition to its Manhattan headquarters, Dotdash Meredith maintains offices elsewhere in the New York metropolitan area, as well as in Des Moines, Iowa, and Birmingham, Alabama. Founded in 1996 as The Mining Company, the site was launched on April 21, 1997, by Scott Kurnit, owner of General Internet, Bill Day, and a group of other entrepreneurs in New York City. The original goal was to maintain 1,800 topic areas, but after five years of operation, this number was reduced to around 700. In May 1999, the company changed its name to "About Inc." and the website name from "miningco.com" to "about.com". The company was acquired by Primedia, Inc., in 2000 through a deal valued at US133 million in cash and no debt (Sept. 30, 2000), while the Media Metrix company tallied 21 million unique monthly visitors—making it the seventh-most-visited "network of sites" at the time—a network of over 700 topic sites, sorted into 36 areas and 50,000 subjects, and approximately 4,000 advertisers. Following the purchase, which was finalized in the first quarter of 2001, the combined company was called "Primedia" and Kurnit remained chief executive officer (CEO). In February 2005, The New York Times Company (Times Co.