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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Allison & Busby has signed a historical novel from Julian Stockwin. the second in a series of standalone books dramatising pivotal moments. Publishing director Susie Dunlop bought UK and Commonwealth rights, excluding Canada, to The Crakys of War, in a deal with Carole Blake at Blake... Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Pushkin Children’s Books has acquired another book by Tonke Dragt, author of The Letter for the King. Publisher Adam Freudenheim acquired world English rights to the book, which was first published in Dutch in 1966, from Luciënne van der Leije at publishing house Leopold. Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Scholastic US has acquired a minority stake in Make Believe Ideas (MBI), a UK-based publisher for children aged 0-5, for an undisclosed sum. The companies will showcase a co-branded series – Early Learners ages 0-5 – at the Bologna Book Fair next week and a global English language release is... Continue reading at The Bookseller
[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Orion is to publish a smokehouse cookbook, described by its authors as a “meat-lover’s bible”. Amanda Harris, deputy publisher at Orion Non-Fiction, bought world rights to Let There Be Meat by James Douglas and Scott Munro from Nick Canham at The Richard Stone Partnership. Douglas and Munro... Continue reading at The Bookseller
[ The Bookseller | 2015-03-21 00:00:00 UTC ]
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Longterm subscription funding platform Patreon adds creators after acquiring Subbable, a similiar platform founded by the Green brothers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-19 00:00:00 UTC ]
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Bloomsbury Children’s UK and US divisions will simultaneously publish a new YA novel from Len Vlahos in winter 2017. In House of Stone, fifteen-year-old Jackie's dad is dying of a brain tumour so decides to auction off his life on eBay to a reality TV show producer. Disgusted by the farce the... Continue reading at The Bookseller
[ The Bookseller | 2015-03-17 00:00:00 UTC ]
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Canongate has signed a new work of non-fiction from Man Booker Prize-shortlisted and Orange Prize-winning author Kate Grenville. Editorial director of fiction Louisa Joyner signed UK rights in One Life from Michael Heyward at Text Publishing. The book tells the story of Grenville's mother... Continue reading at The Bookseller
[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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Orion has acquired two new novels by Liz Fenwick for a “good five-figure advance”. Orion Fiction publishing director Kate Mills bought UK and Commonwealth rights to The Returning Tide and another, as-yet-untitled, novel from Carole Blake at Blake Friedmann. Continue reading at The Bookseller
[ The Bookseller | 2015-03-13 00:00:00 UTC ]
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Virago has acquired a memoir by Shena Mackay, plus the writer’s entire backlist. Publisher Lennie Goodings bought world rights to the books from David Miller at Rogers, Coleridge and White. Mackay published her first book, written when she was a teenager, at the age of 20 and has since written... Continue reading at The Bookseller
[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Sphere has acquired two novels by debut author Mark Hardie, who began writing full-time after losing his eyesight in 2002. Jade Chandler, senior editor for Sphere Fiction, acquired UK and Commonwealth rights to Burned and Broken and its sequel from Juliet Mahony and Sarah Lutyens at Lutyens... Continue reading at The Bookseller
[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Tinder Press has acquired a UK début by Australian author Stephanie Bishop. Publisher Mary-Anne Harrington bought British Commonwealth rights, excluding Australia New Zealand, to The Other Side of the World from Airlie Lawson at Hachette Australia. The novel tells the story of a fractured... Continue reading at The Bookseller
[ The Bookseller | 2015-03-07 00:00:00 UTC ]
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HarperCollins Children’s Books has acquired a YA trilogy from Derek Landy, the author of the Skuldugerry Pleasant series. The first book, Demon Road, is about a 16-year-old teenager called Amber and her friend Milo who undertake an epic road trip, encountering killer cars, vampires, undead... Continue reading at The Bookseller
[ The Bookseller | 2015-03-05 00:00:00 UTC ]
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Granta Books has signed two books from New Yorker writer Wendell Steavenson. Laura Barber signed rights from Anna Webber at United Agents, on behalf of Bill Clegg at the Clegg Agency, following an auction. The two books are Three Days in Paris, an on-the-ground account of the Charlie Hebdo... Continue reading at The Bookseller
[ The Bookseller | 2015-03-03 00:00:00 UTC ]
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Macmillan Children’s Books has acquired a YA romance from journalist Harriet Reuter Hapgood for a six-figure sum. The Square Root of Summer is described as a YA contemporary with a twist, in which seventeen-year-old physics prodigy Gottie Oppenheimer navigates a summer of grief, trying to... Continue reading at The Bookseller
[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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Minneapolis-based Lerner Publishing Group has acquired nearly 100 Egmont USA titles, following Egmont’s decision to close its US office. Lerner said it has published Egmont’s remaining US assets, including books by Ilsa J Bick, Patrick Jennings, Jon and Pamela Voelkel, Lex Thomas and Len... Continue reading at The Bookseller
[ The Bookseller | 2015-02-27 00:00:00 UTC ]
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Under the deal, Lerner will fold the Egmont USA titles into different imprints including Carolrhoda Books, Carolrhoda Lab, Darby Creek, and Millbrook Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-25 00:00:00 UTC ]
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EBSCO Information Services has bought YBP Library Services. Ahead of a public announcement, EBSCO - headquartered in Ipswich, Massachussetts - revealed the buy to customers, saying: "This acquisition ensures YBP's continuing role as the primary book supplier to academic libraries in the years... Continue reading at The Bookseller
[ The Bookseller | 2015-02-21 00:00:00 UTC ]
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Blink Publishing has acquired world rights to the autobiography of former boxing promoter, Kellie Maloney. Clare Tillyer, acquisitions and rights director, acquired the book, titled Frankly Kellie, from Tim Bates at Pollinger Limited. Continue reading at The Bookseller
[ The Bookseller | 2015-02-13 00:00:00 UTC ]
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Little Tiger Press has acquired two picture books from debut writers; Katie McGinty Wants a Pet and Pirates in Pyjamas by Caroline Crowe. Katie McGinty Wants a Pet is about a girl who wants an unusual pet and was written by Jenna Harrington, who works in the sales department at Little Tiger... Continue reading at The Bookseller
[ The Bookseller | 2015-02-12 00:00:00 UTC ]
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Orion Children’s Books has acquired a new adventure series by Caroline Lawrence, author of The Roman Mysteries books, set in Roman Britain. Editor Felicity Johnston acquired the world rights to four books, excluding the US and Canada, from Clare Pearson at Eddison Pearson. The series, entitled... Continue reading at The Bookseller
[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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