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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Viking has acquired All the Good Things: a "major" debut novel by Clare Sita Fisher. Continue reading at The Bookseller
[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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After the success of Ted Rall's 'Bernie,' the publisher has commissioned works on Hillary Clinton and Donald Trump to drop during this election cycle. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-08 00:00:00 UTC ]
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Sphere non-fiction has acquired a debut health and fitness book by Instagram sensation Faya Nilsson, a personal trainer and winner of Cosmopolitan’s Lifestyle Blogger of the Year for her blog, fitnessontoast.com. Continue reading at The Bookseller
[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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The licensing partnership grants Rosen rights to publish and market books and ebooks from Greenhaven, KidHaven, and Lucent. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-04 00:00:00 UTC ]
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Solidifying its hold on the Czech children's book market, Albatros Media acquires Danish consortium Egmont's Czech operation. The post Denmark’s Egmont ČR Acquired by Czech Children’s Publisher Albatros appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-03-31 00:00:00 UTC ]
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Penguin Life has acquired world rights to a book on the power and joy of learning small, specific skills by author and adventure traveller Robert Twigger. Continue reading at The Bookseller
[ The Bookseller | 2016-03-31 00:00:00 UTC ]
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Quercus is to publish domestic noir novel Undertow by Psychologies magazine associate editor Elizabeth Heathcote. Continue reading at The Bookseller
[ The Bookseller | 2016-03-30 00:00:00 UTC ]
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Hodder & Stoughton has acquired This is Grime, the story of grime music, by music journalist Hattie Collins. Continue reading at The Bookseller
[ The Bookseller | 2016-03-25 00:00:00 UTC ]
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Faber Children’s has bought a middle-grade fantasy series by Kieran Larwood, the author of Freaks (Chicken House). Continue reading at The Bookseller
[ The Bookseller | 2016-03-22 00:00:00 UTC ]
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The resurgence of vinyl has everybody talking, and listening. Maybe you've thumbed through a trend piece in The New York Times, crediting analog-loving millennials as the impetus for the revival. Or, you've read in Billboard or on Pitchfork about the trouble that comes with manufacturing vinyl.... Continue reading at AdWeek
[ AdWeek | 2016-03-07 00:00:00 UTC ]
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The resurgence of vinyl has everybody talking, and listening. Maybe you've thumbed through a trend piece in The New York Times, crediting analog-loving millennials as the impetus for the revival. Or, you've read in Billboard or on Pitchfork about the trouble that comes with manufacturing vinyl.... Continue reading at AdWeek
[ AdWeek | 2016-03-05 00:00:00 UTC ]
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Hachette will acquire Perseus' publishing arm, both publishers announced Tuesday. The deal is the culmination of an effort that started and was stopped in 2014 when details proved too complicated. Now things have been simplified by separating Perseus' publishing business from its distribution... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-03-02 00:00:00 UTC ]
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Two years after a planned deal fell through, Hachette Book Group is purchasing the Perseus Books Group, bringing together two of the country's largest publishers. The companies issued separate... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2016-03-02 00:00:00 UTC ]
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Square Peg has acquired 70s Dinner Party by Anna Pallai, a book that "applauds" all that is wonderfully "downright naff" in retro 70s dining, following a five-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-02-20 00:00:00 UTC ]
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Miriam Rosenbloom, commissioning editor of Scribe’s children’s imprint Scribble, has acquired the world rights for Jennifer Higgie’s debut children’s picture book, There’s Not One. Continue reading at The Bookseller
[ The Bookseller | 2016-02-13 00:00:00 UTC ]
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Digital publisher Canelo is to publish Paris Mon Amour, a story of "desire, betrayal and devastating loss" by The Literary Sofa founder, Isabel Costello. Continue reading at The Bookseller
[ The Bookseller | 2016-02-13 00:00:00 UTC ]
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Brighton-based independent publisher Myriad has acquired a "highly anticipated" new graphic novel by g.p. and comics artist Ian Williams: The Lady Doctor. Continue reading at The Bookseller
[ The Bookseller | 2016-02-13 00:00:00 UTC ]
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Quarto Publishing Group USA has acquired Harvard Common Press (HCP), an independent publisher primarily focused on cooking and childcare. Continue reading at The Bookseller
[ The Bookseller | 2016-02-03 00:00:00 UTC ]
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Palazzo Editions, founded by Colin and Pamela Webb and based in Bath, has been acquired by a management buy-in team led by former Constable & Robinson finance director Jon Rippon. Continue reading at The Bookseller
[ The Bookseller | 2016-02-02 00:00:00 UTC ]
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