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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Archaeologist and BBC presenter Alex Langlands is writing a book arguing that making things is good for the soul. Walter Donohue at Faber & Faber commissioned Cræft, spelt the Anglo-Saxon way, in a deal with Patrick Walsh at Conville & Walsh. Langlands has presented programmes for the... Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Profile Books has purchased the business of specialist publisher Third Millennium Information Ltd for an undisclosed sum. Profile assumed responsibility for Third Millennium publishing from the beginning of this month. Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Rowman & Littlefield has acquired the assets of Gooseberry Patch, the Columbus, Ohio-based publisher best known for its family-friendly cookbooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-02 00:00:00 UTC ]
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Hodder & Stoughton has acquired a “brave new perspective on feminism, fashion and the righteous pursuit of a sexy vibe” by journalist Polly Vernon. In Hot Feminist, Vernon draws on "her own experiences of how ideas of womanliness and feminism are endlessly manipulated both in the media and... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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Simon & Schuster Children’s Books has acquired Zeroes, the first in a new YA trilogy about teenagers with superpowers. The Zeroes are six teenagers, all born in the year 2000, who live in Cambria, California. Their abilities make them anything but heroes – until a high stakes crisis... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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A new blog and podcast launched this week by the Royal Literary Fund (RLF) aims to help the public acknowledge the contribution writers make to the cultural landscape, assist aspiring writers and provide professional authors with an extra income. The charity, which helps commercially published... Continue reading at The Bookseller
[ The Bookseller | 2015-01-24 00:00:00 UTC ]
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Chicken House has acquired Moth and the Nightingale, a middle-grade children’s novel from debut author Lucinda Martin. The book, described as a “subtle and surprisingly modern interpretation of the lonely, bookish child”, tells the story of Henry, a young girl whose life changes when she meets... Continue reading at The Bookseller
[ The Bookseller | 2015-01-23 00:00:00 UTC ]
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Two words: talent grab.You may not recognize the Toronto-based design firm Teehan+Lax, but you probably know some of the hit products it's behind, like the social publishing platform Medium and the reading app Readability. Now, the firm is closing, as Facebook—in a play for total publishing... Continue reading at Fast Company
[ Fast Company | 2015-01-20 00:00:00 UTC ]
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Oneworld has signed a debut novel set in the behind-the-scenes world of New York's restaurants. Sweetbitter, by Stephanie Danler, follows Tess, who arrives in New York and soon finds herself working at one the city's landmark restaurants. While learning to enjoy the food and other substances... Continue reading at The Bookseller
[ The Bookseller | 2015-01-17 00:00:00 UTC ]
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ReedPOP, which organizes the New York Comic Con, has acquired Emerald City Comicon, a fast growing pop culture convention based in Seattle, Washington. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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The University of British Columbia Library has acquired two rare, 19th-century novels that scholars believe may have been written by Oscar Wilde. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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A diverse collection of industry blogs previously owned by Mediabistro today has been integrated into Adweek.com as the new Adweek Blog Network. Purchased by Adweek's parent company in 2014, the sites largely will remain the same in content and structure. Most visibly, their Web addresses will... Continue reading at AdWeek
[ AdWeek | 2015-01-13 00:00:00 UTC ]
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Egmont has acquired Mel Foster and the Demon Butler, a middle grade adventure story set in Victorian London, by Julia Golding. Fiction publisher Stella Paskins acquired the world English rights from Caroline Walsh at David Higham Associates. The book, which is about an orphan who takes on... Continue reading at The Bookseller
[ The Bookseller | 2015-01-10 00:00:00 UTC ]
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In a major acquisition in the comics marketplace, IDW Publishing has acquired Top Shelf Productions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-06 00:00:00 UTC ]
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Independent Pinter & Martin has made a full acquisition of yoga book publisher YogaWords for an undisclosed sum. YogaWords, which was established in 2008 by online yoga shop Yogamatters in partnership with Pinter & Martin, will become wholly-owned by the latter on 1st January 2015. As... Continue reading at The Bookseller
[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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Pushkin Press is set to publish three books in the YA series Red Abbey Chronicles by Finnish writer Maria Turtschaninoff. Pushkin acquired the world English rights to Maresi and two subsequent books, from Elina Ahlback at the Ahlback Agency. Continue reading at The Bookseller
[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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Penguin has acquired the publishing rights to "Hey Duggee", a new pre-school children’s TV programme created by Studio AKA for Cbeebies and BBC Worldwide. The TV showis set at a children's playgroup called the Squirrel Club and is run by a big friendly dog called Duggee, who teaches children... Continue reading at The Bookseller
[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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Penguin Random House announced the senior management appointments of its now-unified publishing operations group, which will be headed by Sue Malone-Barber as senior v-p, director, publishing operations, PRH. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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Faber Children’s has acquired the world rights to a 2016 diary from Louise Pentland, best known for her fashion and lifestyle channel ‘Sprinkle of Glitter’ on YouTube. Continue reading at The Bookseller
[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Robb Report, a magazine and lifestyle brand dedicated to the ultra wealthy, has been sold to Rockbridge Growth Equity, a Detroit-based private equity firm. Terms weren't disclosed. Continue reading at Folio Magazine
[ Folio Magazine | 2014-12-04 00:00:00 UTC ]
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