VeloNews explained

VeloNews
Company:Outside
Founder:Barbara and Robert George
Based:Boulder, Colorado[1]
Circulation:70,000[2]
Language:English
Category:Sport magazine
Frequency:Weekly
Editor:Fred Dreier
Editor Title:Editor-in-chief
Previous Editor:John Wilcockson
Country:United States
Issn:0161-1798

VeloNews was an American cycling magazine headquartered in Boulder, Colorado dedicated to the sport of cycling.[3] After 50 years of leading cycling journalism in the United States, VeloNews was purchased by Outside Inc. in early 2021. Months later, another major U.S. road cycling publication, Cycling Tips, was acquired in July 2021.[4] Soon after acquisition, however, CEO Robin Thurston refocused Outside Inc's business model, stating in April 2022 that "Outside's future is in NFTs."[5] The NFT marketplace crashed within six months.[6] In a letter to staff on November 15, announcing layoffs, Thurston stated that "The fundamentals of our business are sound," but "economic headwinds that every media and technology business is facing have only intensified."[7] On June 1, 2023, VeloNews.com quietly closed as the URL stopped directing to the dedicated VeloNews homepage.

History

The magazine was first published as Northeast Cycling News in March 1972 by Barbara and Robert George.[8]

See also

Notes and References

  1. News: FAQ. 18 January 2019. VeloNews. Pocket Outdoor Media.
  2. News: 2018 VeloNews Media Kit. 18 January 2019. VeloNews. Pocket Outdoor Media. 2019. https://web.archive.org/web/20190118203658/https://3cv17g24bm2c1nem9g2xlfw7-wpengine.netdna-ssl.com/wp-content/uploads/2018/11/VeloNews-2019MediaKit_lores.pdf. 18 January 2019. live.
  3. Web site: VeloNews acquired by Pocket Outdoor Media. 13 October 2017 .
  4. Web site: Outside Acquires Pinkbike, CyclingTips, and Trailforks, Cementing Global Content and Mapping Leadership. 14 July 2021 .
  5. Web site: Outside's future is in NFTs. 25 April 2022 .
  6. Web site: Are NFTs dead? The answer probably won’t shock you. 21 October 2022 .
  7. Web site: 'Outside' lays off at least two senior editors in Santa Fe. 19 November 2022 .
  8. Book: Nye, Peter. The Cyclist's Sourcebook. registration. 1991. Perigee Books. 978-0-399-51705-1.