Wasabi Media Group Named a Finalist for Small Business Award
Wasabi Media Group has been named one of three finalists for the Growth category of the Manchester Small Business Awards.
- Manchester-Nashua, NH (1888PressRelease) April 05, 2012 - Wasabi Media Group (WMG), an Internet-based publishing company, is pleased to announce that they have been selected as a finalist for the Mayor's Small Business Award for Growth as part of Manchester Small Business Week.
"I am delighted to have received this recognition for Wasabi Media Group. Being acknowledged for this award category is only possible through the unwavering efforts of the entire WMG team."
Over the past three and a half years, Wasabi Media Group has experienced significant growth. Their workforce has grown from a team of five to a team of thirty-eight. What started as a small company that consisted of four writers and one editor now includes twenty writers, two editors, twelve specialists, one director of engineering, one creative director, one sales manager, and one CEO.
Other areas of growth include revenue and amount of content creation. WMG has seen their revenue increase by 2700% between their inception and the first quarter of 2012. Publishing volume has increased dramatically also. In the initial months, a mere sixteen articles were published each week. Currently, ninety articles are published weekly, all of which are original works.
The content at Wasabi Media Group is published among twenty-four niche publications, which cover everything from aerobics to zoology. The diversity of topics allows readers to find the articles that they want, whether it be the perfect cocktail recipe, a piece of parenting advice, or a craft idea for a holiday.
Wasabi Media Group is a subsidiary of Wasabi Ventures. Chris Yeh, General Partner at WV, noted, "I've invested in or advised over 50 startups in the past decade, and I'm incredibly impressed by WMG's growth, both in terms of content and revenue. I wish all my investments were able to show 27X growth."
According to Ms. Pesula Kuegler, she anticipates future growth in all areas of Wasabi Media Group. "WMG has a mission to provide the articles that are readers want. We will continue to expand our publication volume, which will lead to increases in team size, audience, and revenue."
About Wasabi Media Group
Wasabi Media Group is an emergent Internet-based publishing company, which is home to 24 niche properties, featuring content in eight unique channels. For more information about Wasabi Media Group go to http://www.wasabimediagroup.com or contact Michele Pesula Kuegler at michele ( @ ) wasabimediagroup dot com.