Next web (TNW) bowed down about 20 years after the technology scene in Europe

Next webThe Amsterdam-based company has confirmed behind one of Europe’s most recognized technology event that it will reduce its events and media operations in late September after a strategic review.

The Financial Times (FT), which took the majority in TNW in 2019, confirmed a first -shared decision with staff in June today. The news was first reported by Amy Lewin, editor of the sefield, another FT-backed publication.

Boris Velduzen Van GentenTNW’s co-founder and board member who spoke to EU-Startps just after the announcement, said: “TNW has been a lifetime adventure. We started at a unique moment in history, just as the world was going online and everything was becoming digital. It was not just to witness that shift, it was a thrill to help sparks and accelerate. “

He continues to: “Over time, as we became a digital ideal, our role was less felt about breaking the new foundation and felt more about celebrating what had already been achieved.

Boris Veldhuzen Van Genten and Patrick De Live in 2006, the Next Web (TNW) began as a technology conference with justice The presence of 280 people in a church in AmsterdamThe By 2019, it became a central meeting point to host 17,500 participants and to the startup community in Europe.

The latest – and now the final – the conference was held in Amsterdam’s NDSM in June this year.

This declaration has been identified as an important turning point for the European startup scene, which has grown more than the organizer of TNW simply. In addition to the flagship event, TNW created a media publication and operated a colleague’s place.

When the business of both media and events is closed, FT confirmed that fellow arm will continue “Manage the usualThe “

Originally seen as the original European resource for FT, TNW FT Live Global Publisher was appreciated while acquiring Angela Guys: “TNW is an established and profitable business that creates one of Europe’s largest and most critically acclaimed technical startup events. There is a clear adjustment between TNW and FT Live, sharing the audience and providing world -class journalism in Europe’s live level. We are looking forward to providing first class programs with our new partnersThe “

However, the symptoms of the problem were surfacing. The TNW media team started to shrink after several editorial workers in late 2021 and reached 5,7 from 2022 to 2021, this year, less than half of the presence of the-metaphorical level.

Although no formal statistics have been published about the number of damaged roles, FT says that it has been ”Support them through this conversionThe “

Covid -1 epidemic saw TNW Pivot in virtual formats, 20,7 digital participants joined in 2021, as well as 5,3 personally. However, there was a mixed bag of post-Pandemic landscapes for technology events.

EU-Startps has followed TNW’s journey for more than a decade. Our first part in the event is 20, when we asked readers: “Will you attend the TNW conference in Amsterdam in April?”The

With the completion of this chapter, TNW’s departure refers to the extensive changes in Europe’s Startup Ecosystem-it is a mature scene where media, events and communities face new economic and structural challenges, but have new opportunities.