HowStuffWorks explained

HowStuffWorks, Inc.
Commercial:Yes
Type:Educational website
Location City:Atlanta, Georgia
Location Country:United States
Country Of Origin:United States
Language:English
Registration:None
Owner:iHeartMedia (podcasting)
System1 (website)[1] [2]
Author:Marshall Brain
Launch Date:[3]
Current Status:Active

HowStuffWorks is an American commercial infotainment website founded by professor and author Marshall Brain, to provide its target audience an insight into the way many things work. The site uses various media to explain complex concepts, terminology, and mechanisms—including photographs, diagrams, videos, animations, and articles.

The website was acquired by Discovery Communications in 2007, but was sold to Blucora in 2014. The site has since expanded out into podcasting, focusing on factual topics. In December 2016, HowStuffWorks, LLC became a subsidiary of OpenMail, LLC,[4] later renamed System1. In 2018, the podcast division of the company, which had been spun-off by System1 under the name Stuff Media, was acquired by iHeartMedia for $55 million.

History

In 1998, North Carolina State University instructor Marshall Brain started the site as a hobby. In 1999, Brain raised venture capital and formed HowStuffWorks, Inc. In March 2002, HowStuffWorks was sold to the Convex Group, an Atlanta-based investment and media company founded by Jeff Arnold, founder and former chief executive officer (CEO) of WebMD.[5] The headquarters moved from Cary, North Carolina, to Atlanta. HowStuffWorks originally focused on science and machines, ranging from submarines to common household gadgets and appliances. After adding a staff of writers, artists, and editors, content expanded to a larger array of topics.

On October 20, 2004,[6] Stuffo.com was created, and HowStuffWorks moved its entertainment section over to the new website.[7] In 2005, the team disbanded Stuffo.[8]

The domain HowStuffWorks.com attracted at least 58 million visitors annually by 2008, according to a Compete.com survey.[9]

There have been four HowStuffWorks books—two illustrated hardcover coffee table books, HowStuffWorks and More HowStuffWorks, and two un-illustrated paperbacks, How Much Does the Earth Weigh? and What If?. HowStuffWorks previously put out an educational magazine, HowStuffWorks Express, for middle-school students. The company has also released a series of HowStuffWorks trivia "LidRock" discs—CD-ROMs sold on fountain drink lids at Regal Theaters.[10]

In 2005, HowStuffWorks became the exclusive online publisher for Publications International, Ltd., Consumer Guide and Mobil Travel Guide.[11]

Howstuffworks.com spun off its international division when it went public (Nasdaq:HSWI) via an acquisition of INTAC, a China-based company. In March 2007, HSW International launched its Portuguese website with headquarters in São Paulo, Brazil.[12] The Portuguese name of the site is Como Tudo Funciona ("how everything works"). In June 2008, the Chinese site was launched with new headquarters in Beijing, China. The URL roughly translates to "Knowledge Information Web".[13]

On October 15, 2007, Discovery Communications announced it had bought HowStuffWorks for $250 million.[14] The company later chose to use the name HowStuffWorks as the title of a television series on its Discovery Channel. The series, which focuses on commodities,[15] premiered in November 2008 and is similar in style and content to other "how it works" programs, like Modern Marvels.[16]

On November 2, 2009, HSW International co-founded Sharecare, developing a social QA platform through which users ask health and wellness-related questions, receiving answers from industry experts. Other co-founders in Sharecare include Jeff Arnold, Dr. Mehmet Oz, Harpo Productions, Discovery Communications, and Sony Pictures Television.[17]

On April 21, 2014, Discovery Communications announced that it had sold HowStuffWorks to Blucora for $45 million.[18] In July 2016, Blucora announced the sale of its Infospace business, including HowStuffWorks, to OpenMail for $45 million.[19] OpenMail was later renamed System1.[20]

In 2014, HowStuffWorks moved its headquarters from Buckhead to Ponce City Market, a new mixed-use development in the Old Fourth Ward neighborhood of Atlanta.[21] In June 2017, it announced the hiring of Cracked.com founder and former editor-in-chief Jack O'Brien for its new comedy podcasting division.[22]

In 2017, System1 spun off the podcast department of HowStuffWorks as Stuff Media, retaining the HowStuffWorks website. In September 2018, Stuff Media announced its sale to radio broadcaster iHeartMedia for $55 million.[23]

Podcasts

HowStuffWorks maintained a large number of podcasts, hosted by its staff writers and editors, but now all former HSW podcasts are owned and operated by iHeartRadio.

See also

External links

Notes and References

  1. Web site: Content Writer, Ad Operations (Job Listing) . March 2019 . https://web.archive.org/web/20190611201450/https://webcache.googleusercontent.com/search?q=cache%3AxE-szFSHZ4oJ%3Ahttps%3A%2F%2Fwww.system1.com%2Fjob-listing%2F36322f29-ffa5-4d25-8f3e-135fcf83a350+&cd=3&hl=en&ct=clnk&gl=nl . 2019-06-11 . 2019-06-11 . live .
  2. Previously called OpenMail.
  3. Web site: Whois Record for HowStuffWorks.com . DomainTools. 23 December 2020.
  4. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=38042079 HowStuffWorks, LLC: Private Company Information – Bloomberg
  5. http://www.bizjournals.com/triangle/stories/2002/09/02/story4.html HowStuffWorks sold to vulture fund
  6. Web site: Whois Record for StuffO.com . DomainTools . 23 December 2020.
  7. Web site: Stuffo: Movies, Games, Web, World Domination . 23 December 2020 . https://web.archive.org/web/20041206090624/http://stuffo.howstuffworks.com/ . 6 December 2004.
  8. Web site: Coustan . Dave . Stuffo (2004-2005) . Extraface . 23 December 2020.
  9. http://siteanalytics.compete.com/howstuffworks.com?metric=uv HowStuffWorks
  10. Web site: Lidrock December 08 . Optical Storage Technology . 23 December 2020.
  11. Web site: NYC Receives Mobil Travel Award . . 23 December 2020 . 9 November 2006.
  12. Web site: HowStuffWorks - como tudo funciona . Hsw.com.br . 2000-04-01 . 2009-07-29 . https://web.archive.org/web/20080905045949/http://hsw.com.br/ . 2008-09-05 . dead .
  13. Web site: 博闻网 知道就好! . Bowenwang.com.cn . 2000-04-01 . 2009-07-29 . https://web.archive.org/web/20090318112421/http://www.bowenwang.com.cn/ . 2009-03-18 . dead .
  14. https://www.wsj.com/articles/SB119240620469258721?mod=rss_whats_news_technology "Discovery Buys HowStuffWorks.com"
  15. - "Precious Commodities" . - Discovery Channel
  16. Wasko, Janet and Calderon, Carlos. - "Modern Marvels: Celebrating How It Works". - University of Oregon. - May 7, 2008
  17. News: Dr. Mehmet Oz and Internet Entrepreneur, Jeff Arnold, Announce Sharecare Inc., a Web 3.0 Platform, Organizing and Answering the Questions of Health. November 2, 2009. Bloomberg. 2011-04-02.
  18. News: Discovery Sells HowStuffWorks at 82% Loss After Seven Years . Bloomberg . April 21, 2014 . April 22, 2014.
  19. News: Blucora to sell InfoSpace business for $45 million . Seattle Times . July 5, 2016.
  20. Web site: System1 raises $270 million for 'consumer intent' advertising. L.A. Biz. 2017-12-01.
  21. News: HowStuffWorks moves headquarters to Ponce City Market . Douglas . Sams . . October 28, 2014.
  22. Web site: 2017. Cracked Founder Exits to Create Comedy Division at HowStuffWorks . Variety . July 19, 2017.
  23. News: iHeartMedia to Buy HowStuffWorks Podcasting Parent for $55 Million. Spangler. Todd. 2018-09-13. Variety. 2018-09-15. en-US.