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{{unreliable sources|date=February 2017}}{{Short description|Media company}}
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| defunct = {{End date|2023|12|19}}
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| locations = [[Bali]], [[Bangkok]], [[Hong Kong]], [[Jakarta]], [[Kuala Lumpur]], [[Manila]], [[Singapore]], [[Yangon]] | key_people
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'''Coconuts Tabloid Media'''
Coconuts Media employed around 40 staff members as of August 2016, half of whom are in editorial. In 2015, it had a reported total monthly reach of 14.6 million unique readers across all platforms.<ref name=
==History==▼
=== Beginnings and growth (2011) ===
Coconuts
▲In 2015, it had a reported total monthly reach of 14.6 million unique readers across all platforms.<ref name= "Venturebeat"/>
Perry started his career in journalism as
Coconuts Media got an Honorable Mention in the 2015 [[SOPA]] Awards for Excellence for "Hidden in Plain Sight", a look at the legions of [[street children]] in Bangkok.<ref>{{cite web |url=http://www.sopawards.com/wp-content/uploads/2015/06/SOPA-2015-Awards-Winner-List.pdf |title=SOPA Award Winners List 2015 |publisher=SOPA |format=PDF |access-date=29 March 2016}}</ref>▼
Coconuts Media launched
In 2016, Coconuts Hong Kong Managing Editor Laurel Chor won a SOPA for Excellence in Feature Photography in Category B for a profile of Mui Thomas, a young Hong Kong woman with [[harlequin ichthyosis]], a very rare and debilitating skin disease.<ref>{{cite web |url=http://www.sopawards.com/wp-content/uploads/2016/08/SOPA-2016-Awards-Winner-List_v2.pdf |title=SOPA Award Winners List 2016 |publisher=SOPA |format=PDF |access-date=22 August 2016}}</ref>▼
=== ABS-CBN News partnership (2015) ===▼
▲==History==
In March 2015, Coconuts Media signed a two-year content partnership with [[ABS-CBN Corporation|ABS-CBN]],<ref name="Manila Bulletin" /><ref name="Philstar" /><ref name="Inquirer" /> allowing both parties to exchange news, features and video content on their respective platforms.<ref>{{cite web |url=http://adobomagazine.com/philippine-news/what-can-we-expect-abs-cbn-x-coconuts-media |title=What can we expect from ABS-CBN x Coconuts Media? |last1=Bayani |first1=Oliver |date=15 May 2015 |website=adobomagazine.com/ |access-date=28 March 2016}}</ref><ref name="Philstar" /> ABS-CBN said it hoped the deal
=== Recognition ===
▲Coconuts media is said to have been inspired by US-based blogs such as the [[Gothamist]] network and New York's [[Gawker]],<ref name ="SCMP"/> as well as [[Buzzfeed]] and [[Vice]].<ref name = "techasia"/> The company was founded by American journalist and entrepreneur Byron Perry,<ref name ="techasia"/><ref name ="SCMP"/><ref name ="Tech Asia 2">{{cite web |url=https://www.techinasia.com/bored-reporter-starts-coconuts-asias-rising-star-hyperlocal-journalism |title=Boredom led this ex-reporter to start Southeast Asia’s hottest hyperlocal news company |last1=Lee |first1=Terrance |date=26 December 2013 |website=techinasia.com |access-date=31 March 2016}}</ref> out of his Bangkok apartment in September 2011,<ref name ="Venturebeat"/><ref name="Manila Bulletin"/><ref name = "SCMP"/><ref name="Marketing"/><ref name ="TechAsia"/><ref name = "Tech Asia 2"/> with Perry reportedly self publishing nearly all the articles himself in the first months.<ref name="TechAsia"/><ref name = "Tech Asia 2"/>
▲Coconuts Media
▲In 2016, Coconuts Hong Kong Managing Editor Laurel Chor won a SOPA for Excellence in Feature Photography in Category B for a profile of Mui Thomas, a young Hong Kong woman with [[harlequin ichthyosis]], a very rare and debilitating skin disease.<ref>{{cite web |title=SOPA Award Winners List 2016 |url=http://www.sopawards.com/wp-content/uploads/2016/08/SOPA-2016-Awards-Winner-List_v2.pdf |
▲Perry started his career in journalism as the [[Editorial Fellow for San Francisco Magazine]] before moving on to a copy editor at venerable Hollywood trade magazine [[Variety]] in Los Angeles. At Variety, he covered movie premieres<ref name ="Variety">{{cite web |url=https://variety.com/2007/scene/vpage/bucket-premieres-in-l-a-1117978121/ |title=‘Bucket’ premieres in L.A. |last1=Perry |first1=Byron |date=21 December 2007 |website=variety.com |access-date=30 January 2017}}</ref>; wrote the “Players”<ref name ="Variety">{{cite web |url=https://variety.com/2008/scene/markets-festivals/william-h-macy-1117997556/ |title=William H. Macy |last1=Perry |first1=Byron |date=17 December 2008 |website=variety.com |access-date=30 January 2017}}</ref> column on actor castings and “Tenpercenteries”<ref name ="Variety">{{cite web |url=https://variety.com/2008/film/markets-festivals/tenpercenteries-agency-news-1117993731/ |title=Tenpercenteries: Agency News |last1=Perry |first1=Byron |date=09 October 2008 |website=variety.com |access-date=30 January 2017}}</ref> column on talent agency signings; and attended the 2008 Academy Awards as part of Variety’s coverage team.<ref name ="Variety">{{cite web |url=https://variety.com/2008/film/awards/oscar-plans-on-fast-track-1117980936/ |title=Oscar plans on fast track |last1=Perry |first1=Byron |date=14 February2008 |website=variety.com |access-date=30 January 2017}}</ref> After a brief stint as the Siam Reap Reporter for Cambodia’s English-language newspaper of record, The Phnom Penh Post, Perry moved to Thailand to work for Ensign Media as Executive Editor for real estate trade magazine Property Report<ref name ="Variety">{{cite web |url=http://www.property-report.com/market-focus-a-responsible-approach-to-growth/ |title=Market Focus: A responsible approach to growth |last1=Perry |first1=Byron |date=25 March 2011 |website=http://www.property-report.com |access-date=30 January 2017}}</ref> and yachting magazine Helm. After a year and a half at Ensign Media, Perry launched Coconuts Media in 2011.<ref>{{cite web|last1=Byron|first1=Perry|title=Coconuts|url=https://us.linkedin.com/in/byron-perry-82203b2a|website=Linkedin|publisher=Linekdin|accessdate=16 January 2017}}</ref>
Coconuts Media acquired the Bangkok print and online lifestyle magazine BK Magazine in 2021.<ref>{{Cite web |date=2 March 2021 |title=Booyah! Our shiny new media kit for 2021 has arrived |url=https://bk.asia-city.com/things-to-do-bangkok/news/booyah-our-shiny-new-media-kit-2021-has-arrived}}</ref>
▲Coconuts Media launched in its first international branch in Manila in November 2012,<ref name="Venturebeat"/><ref name ="Tech Asia 2"/><ref>{{cite web |url=https://e27.co/singapore-to-go-coconuts-in-april/ |title=Singapore to go Coconuts in April |last1=Racoma |first1=J |last2=Angelo |date=9 April 2013 |website=e27.co |publisher= |access-date=31 March 2016}}</ref> ahead of further expansion into Singapore in August 2013. One month later, it launched a regional office in Hong Kong.<ref name="SCMP"/><ref name ="Tech Asia 2"/>
=== Closure (2023) ===
On December 19, 2023, Coconuts Media chairman Byron Perry announced the closure of Coconuts Tabloid Media. Perry attributed the closure to the difficulty of financial sustainability and regional journalistic challenges. Despite the closure of its namesake outlet, holding company Coconuts Media continues to operate its other subsidiaries, including BK Magazine, Soimilk, and Grove.<ref>{{Cite web |title=Alternative news website Coconuts to cease operations on Dec 31 |url=https://www.channelnewsasia.com/business/news-website-coconuts-co-close-dec-31-offices-4000756 |access-date=2024-04-29 |website=CNA |language=en}}</ref>
==Coconuts TV==
Coconuts Media
▲==ABS-CBN News partnership==
▲In March 2015, Coconuts Media signed a two-year content partnership with [[ABS-CBN]],<ref name="Manila Bulletin"/><ref name="Philstar"/><ref name="Inquirer"/> allowing both parties to exchange news, features and video content on their respective platforms.<ref name="Philstar"/> ABS-CBN said it hoped the deal with help them gain more granular coverage, especially in Southeast Asia,<ref name="Philstar"/><ref name="Manila Bulletin"/> while Coconuts Media said it wanted to expand its coverage of [[hard news]] and [[sports]].<ref name="Philstar"/><ref>{{cite web |url=http://adobomagazine.com/philippine-news/what-can-we-expect-abs-cbn-x-coconuts-media |title=What can we expect from ABS-CBN x Coconuts Media? |last1=Bayani |first1=Oliver |date=15 May 2015 |website=adobomagazine.com |access-date= 1 April 2016}}</ref>
==Funding and revenue==
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The main sources of revenue for Coconuts Media are reported to be traditional online [[banner ads]], sponsored content<ref name="Marketing"/><ref name="TechAsia"/><ref name="Tech Asia 2"/> and video content, with some footage having been sold to unnamed European TV channels.<ref name="TechAsia"/>
Coconuts media reportedly made almost $500,000 in revenue in 2015, with projected revenues in excess of $1 Million for the year of 2016.<ref name="Venturebeat"/>
==References==
{{reflist|30em}}
[[Category:Multinational mass media companies]]
[[Category:
▲[[Category:Media companies]]
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