Robinhood Markets, Inc. announced the formation of Sherwood Media, LLC, a new subsidiary that will be a home for news and information about the markets, economics, business, technology, and the culture of money. Sherwood Media, LLC will build on the success of Snacks a daily markets and business newsletter which has one of the largest audiences in the country. Tens of millions of people read Snacks each week for its incisive, illuminating views on the biggest news of the day.

Joshua Topolsky founder and former Editor-in-chief of the technology news network The Verge, co-creator of its parent company Vox Media, and former Chief Digital Content Officer at Bloomberg will serve as the Editor-in-chief and President of Sherwood Media. Sherwood Media, LLC will launch a suite of new editorial offerings throughout 2023, complementing Snacks with more always-on news updates and analysis, original reporting, new newsletter offerings, social-first content, and live events. Additionally, starting with Snacks, Sherwood Media, LLC will offer exclusive advertising opportunities with select partners.