Dotcom Pioneer AccountingWEB Shuts Down

UK-based Sift Media pulls the plug.

From Sift Media

Following rising costs and decreasing margins over the last 12 months, with an increasingly commoditized US advertising market, Sift, the owner of AccountingWEB based in Bristol, UK, has made the decision to close its US operations on Sept. 1.

Despite the successful launch of its first event, AccountingWEB Live Summit, looking ahead to 2023 as the US enters a recession, the position is not set to improve.