Adweek has been sold from one private equity firm to another. The advertising industry publication, which marked its 40th anniversary last year, has been acquired by Los Angeles-based private equity firm Shamrock Capital Advisers, both parties announced Tuesday morning. The seller, Toronto-based PE firm Beringer Capital, had owned Adweek for the past four years, acquiring it in July 2016, about six months after the breakup of its former parent company, Prometheus Global Media, by then-owner Guggenheim Partners. Adweek CEO Jeffrey Litvack, who will stay on after the sale, declined to share financial terms of the sale, but tells Folio: that the deal had been in the works for several months, since well before the start of the pandemic. Despite a reliance on in-person gatherings, Adweek pivoted quickly to a virtual events strategy, he said, which has allowed it to maintain cash flow and avoid making any major cutbacks. An announcement adds that "Adweek’s editorial and business operations remain unchanged" following the sale. “Adweek’s experienced management team has done a tremendous job of building on its established brand, expanding its industry coverage and its product offering to further solidify its leading position in the marketplace," said Laura Held, partner at Shamrock Capital, in a statement. "We look forward to working with Adweek to continue to drive strong growth, both organically and through acquisitions.” Founded in 1978 as an investment vehicle for the Disney... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-06-02 15:47:54 UTC ]
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Coronet, an imprint of Hodder & Stoughton, will publish an inside account by former investigative journalist Michael Morley of his interviews with serial killer Dennis Nilsen. Continue reading at The Bookseller
[ The Bookseller | 2021-01-28 03:07:38 UTC ]
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Atlantic Books has acquired I Heart Politics: Why Fandom Explains What's Really Going On, Phoenix C S Andrews’ "dazzlingly original" guide to fandom in politics. Continue reading at The Bookseller
[ The Bookseller | 2021-01-27 03:40:54 UTC ]
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Hachette Children’s Group has secured the rights to My Period: Find Your Flow and Feel Period Positive!, the "one-stop positive guide to getting your period" from author and journalist Milli Hill. Continue reading at The Bookseller
[ The Bookseller | 2021-01-26 11:34:50 UTC ]
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Headline Review has acquired Honey & Spice plus one more novel by Bolu Babalola, author of story collection Love in Colour (Headline, 2020). Continue reading at The Bookseller
[ The Bookseller | 2021-01-25 14:45:57 UTC ]
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Weidenfeld & Nicolson will publish Empire of Wild by Canadian indigenous writer Cherie Dimaline on 1st April 2021. Continue reading at The Bookseller
[ The Bookseller | 2021-01-22 10:24:01 UTC ]
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Walker Books has acquired a non-fiction title from Rudimental band member Leon “Locksmith” Rolle and author Derek Owusu. Continue reading at The Bookseller
[ The Bookseller | 2021-01-22 04:26:28 UTC ]
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Indie publisher Onwe has acquired Rab Ferguson’s middle-grade novel, The Late Crew, and a contemporary debut novel, See My Smile, by Mike Herd (pictured). Continue reading at The Bookseller
[ The Bookseller | 2021-01-22 01:44:07 UTC ]
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Canongate is to publish a set of stories from US writer John Edgar Wideman, 40 years after the author released his first collection. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 14:47:16 UTC ]
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Aster, part of Octopus Publishing Group, has acquired The Insomnia Diaries: How I Learned to Sleep Again by journalist Miranda Levy. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 14:19:20 UTC ]
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Korean internet giant Naver is to buy Wattpad for stock and cash, valuing the company at over $600m. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 10:34:27 UTC ]
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en titles from illustrator Robert Ingpen now form the basis of a new UK children's book publishing imprint, Welbeck Children's Classics. The post UK: Welbeck Acquires Australian Illustrator Robert Ingpen’s Backlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-01-14 17:48:52 UTC ]
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University of East Anglia publisher Boiler House Press is to publish Ben Pester’s debut short story collection Am I in the Right Place? Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 04:00:35 UTC ]
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Scholastic UK has acquired Escape the Rooms, the "dazzling" children’s book debut from actor Stephen Mangan, illustrated by his sister Anita Mangan. Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 03:30:19 UTC ]
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Cultural communications agency Midas has acquired literary agency The bks Agency. Continue reading at The Bookseller
[ The Bookseller | 2021-01-12 23:35:15 UTC ]
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Daunt Books Publishing has acquired Ordinary Notes by Christina Sharpe, a work of creative non-fiction about memorial and remembrance. Continue reading at The Bookseller
[ The Bookseller | 2021-01-11 23:40:05 UTC ]
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Bookouture has acquired four memoirs and its first true crime story for its new non-fiction imprint, Thread. Continue reading at The Bookseller
[ The Bookseller | 2021-01-05 19:04:16 UTC ]
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Chicago Review Press, a publishing subsidiary of the distributor IPG, has reached an agreement to acquire 126 select backlist titles, as well as a handful of forthcoming books, from Fulcrum Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
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Like all digital media businesses, Adweek is looking back at the challenges and successes of a vexing 2020, while also looking ahead to the opportunities in 2021. And we're going to start early--as in today. You may notice some changes to the Adweek.com homepage as we have scoped out new areas... Continue reading at AdWeek
[ AdWeek | 2020-12-29 12:00:28 UTC ]
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AT&T’s WarnerMedia has brought on a startup to help it get HBO Max into more places. The entertainment arm of the Dallas company has acquired Canada-based You.i TV, a provider of cross-platform development tools for television and media companies, according to a statement. Terms were not... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-12-23 22:03:09 UTC ]
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Short Books will publish a "trailblazing" book about glucose and its effects from biologist and entrepreneur Jessie Inchauspe, founder of the Glucose Goddess Instagram account. Continue reading at The Bookseller
[ The Bookseller | 2020-12-23 09:19:16 UTC ]
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