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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Penguin Random House has acquired Livia’s Kitchen, a new cookery book by London-based wellness entrepreneur Olivia Wollenberg containing recipes made entirely from natural ingredients. Continue reading at The Bookseller
[ The Bookseller | 2015-11-05 00:00:00 UTC ]
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Company reports that it is enjoying ‘phenomenal growth in a difficult market’Last week, we had consolidation by regional newspaper publishers. Now comes news of consolidation among regional news agencies. The expansionist Bristol-based SWNS has acquired National News in London, adding it to the... Continue reading at The Guardian
[ The Guardian | 2015-11-05 00:00:00 UTC ]
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Orbit UK is publishing a thriller about the untimely demise of a social media star. Continue reading at The Bookseller
[ The Bookseller | 2015-10-31 00:00:00 UTC ]
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'The Name of God Is Mercy: A Conversation with Andrea Tornielli' will be published in January 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-30 00:00:00 UTC ]
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Canongate has acquired a new non-fiction title on "ecstatic experience", The Art of Losing Control, by writer and philosopher Jules Evans. In The Art of Losing Control, Evans argues that there are ways of letting down our guard and opening ourselves to "ecstatic experiences". The book balances... Continue reading at The Bookseller
[ The Bookseller | 2015-10-29 00:00:00 UTC ]
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Black & White Publishing has acquired two psychological thrillers set in a "claustrophobic, close-knit community full of secrets and lies" by crime author SJI Holliday. Continue reading at The Bookseller
[ The Bookseller | 2015-10-24 00:00:00 UTC ]
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Canongate Books has acquired Life & Work, a collaboration between director David Lynch and journalist Kristine McKenna. Continue reading at The Bookseller
[ The Bookseller | 2015-10-20 00:00:00 UTC ]
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With transaction, AIM adds a sixth division called Creative Home Arts. The post Active Interest Media Acquires August Home Publishing appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-10-19 00:00:00 UTC ]
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Publisher pulls off its first major deal since it was spun off from its TV divisionThere are signs of a new round of consolidation in the US newspaper market with Gannett’s acquisition of the Journal Media Group for $280m (£183m).It adds the Milwaukee Journal Sentinel plus 16 other daily papers... Continue reading at The Guardian
[ The Guardian | 2015-10-08 00:00:00 UTC ]
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Kudos has acquired television rights to "break-out" thriller Viral by Helen FitzGerald, after a "hotly" contested auction. The book is about mothers, daughters and a viral sex tape, and tells the story of one mother’s quest for truth and vengeance following the online shaming of her... Continue reading at The Bookseller
[ The Bookseller | 2015-10-06 00:00:00 UTC ]
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Dodo Ink has bought a literary erotic novella by Monique Roffey about a married couple whose relationship is going stale until they meet a mysterious femme fatale. UK and Commonwealth rights, excluding Canada, were acquired from Isobel Dixon at Blake Friedmann. Continue reading at The Bookseller
[ The Bookseller | 2015-10-03 00:00:00 UTC ]
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Icon Books has acquired Man Up: Surviving Modern Masculinity by journalist Jack Urwin, a book that explores the reason masculinity is “currently in crisis”. Tom Webber, commissioning editor at Icon Books, bought UK and Commonwealth rights from Juliet Pickering at Blake Friedmann to Man Up.... Continue reading at The Bookseller
[ The Bookseller | 2015-10-02 00:00:00 UTC ]
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HarperCollins has acquired Twist, the first cookbook from The Great British Bake Off’s youngest ever contestant, Martha Collison. Publisher Grace Cheetham acquired world rights from Claudia Young at Greene & Heaton. Martha Collison contended in the 2014 series of GBBO - progressing to the... Continue reading at The Bookseller
[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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Inspired by a true crime story, Little Deaths by Emma Flint tells the tale of Ruth Malone, a recently divorced cocktail hostess, who wakes one morning to discover her children are missing. Continue reading at The Bookseller
[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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Ted Dawe's 'Into the River,' which earlier this month became the first book in over two decades to be banned in New Zealand, has been acquired by Jason Pinter at Polis Books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-09-29 00:00:00 UTC ]
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Granta Books has acquired “exquisitely written” novel about China’s “revolutionary” history by Madeleine Thien. Editorial director Bella Lacey acquired UK & Commonwealth rights excluding Canada to Do Not Say We Have Nothing from Sarah Chalfant at the Wylie Agency. Continue reading at The Bookseller
[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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Lauren Parsons of Legend Press says that when acquiring a debut author for a UK list, one needs to believe the book can compete with the established brands. The post When Acquiring Debut Authors, Ask If They Can Compete appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-09-24 00:00:00 UTC ]
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The Walker Books Group has acquired a picture book written and illustrated by Oliver Jeffers and artist Sam Winston. The picture book, entitled A Child of Books, is about a little girl who sails her raft “across a sea of words” to arrive at the house of a small boy. There she invites him to... Continue reading at The Bookseller
[ The Bookseller | 2015-09-19 00:00:00 UTC ]
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Picador has acquired a "deeply personal narrative" by Observer writer and former Faber & Faber editor-in-chief, Robert McCrum. Sophie Jonathan, editor at Picador, bought UK and Commonwealth rights to Every Third Thought: Observations on the Inevitable End-Game from Jonathan Lloyd at Curtis... Continue reading at The Bookseller
[ The Bookseller | 2015-09-17 00:00:00 UTC ]
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Digital platform SuperAwesome has acquired PopJam, a social network for children, from Mind Candy, for an undisclosed sum. PopJam is a mobile-only social platform where children can share content, often pictures, and take part in games and competitions. It also features book excerpts provided... Continue reading at The Bookseller
[ The Bookseller | 2015-09-15 00:00:00 UTC ]
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