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After troubles with venture capitalists over his insistence that the company serve profitable alternative market segments including the LGBT market, Gary Kremen left in March 1996, remaining on the board of Electric Classifieds. A year later was purchased by IAC (then still operating under the name Ticket Master).
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The port developed in the 16th century and, along with the shipyards lower down the River Tyne, was amongst the world's largest shipbuilding and ship-repairing centres.

Newcastle's economy includes corporate headquarters, learning, digital technology, retail, tourism and cultural centres, from which the city contributes £13 billion towards the United Kingdom's GVA.

Charles I was imprisoned in Newcastle by the Scots in 1646–7.

The Great fire of Newcastle and Gateshead was a tragic and spectacular series of events starting on Friday 6 October 1854, in which a substantial amount of property in the two North East of England towns was destroyed in a series of fires and an explosion which killed 53 and injured hundreds.

Newcastle was successfully defended against the Scots three times during the 14th century, and was created a county corporate with its own sheriff by Henry IV in 1400.

From 1530, a royal act restricted all shipments of coal from Tyneside to Newcastle Quayside, giving a monopoly in the coal trade to a cartel of Newcastle burgesses known as the Hostmen.

It was given the family name of the Roman Emperor Hadrian, who founded it in the 2nd century AD.

to defend it from invaders during the Border war against Scotland.

The Scots king William the Lion was imprisoned in Newcastle in 1174, and Edward I brought the Stone of Scone and William Wallace south through the town.

In the 18th century, the American entrepreneur Timothy Dexter, regarded as an eccentric, defied this idiom.

He was persuaded to sail a shipment of coal to Newcastle by merchants plotting to ruin him; however his shipment arrived on the Tyne during a strike that had crippled local production; unexpectedly he made a considerable profit.