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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Germany and France have put pressure on the European Commission to take a closer look at how big tech companies operate in the European Union, a move which could lead to tougher competition regulation for companies such as Google, Apple, Amazon.com and Facebook.French and German officials asked... Continue reading at PC World
[ PC World | 2014-11-28 00:00:00 UTC ]
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Orchard Books has acquired Thirteen Days of Midnight by debut YA author Leo Hunt. The book is about a boy called Luke Manchett who, when his father dies, acquires $6m and a collection of ghosts. The eight spirits want revenge for their enslavement by Manchett senior and Luke has just 13 days to... Continue reading at The Bookseller
[ The Bookseller | 2014-11-25 00:00:00 UTC ]
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Harlequin’s Mira imprint has acquired three novels in the Daisy's War trilogy, set against the backdrop of World War II. The saga, by Merryn Allingham, charts the fortunes of working class Londoner Daisy Driscoll during the 1939-45 war period. Commissioning editor Sally Williamson bought world... Continue reading at The Bookseller
[ The Bookseller | 2014-11-22 00:00:00 UTC ]
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Welsh publisher Firefly has acquired a host of new children’s and YA titles for 2015. In the YA category, the publisher has acquired The Territory by Sarah Govett, a fantasy thriller set in a Britain where most of the land is flooded, and The Boy Who Drew the Future by Rhian Ivory, about two... Continue reading at The Bookseller
[ The Bookseller | 2014-11-18 00:00:00 UTC ]
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The digital publisher has acquired Coliloquy, a company that produces choose-your-own-adventure enhanced ebooks and apps. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-14 00:00:00 UTC ]
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Random House Children's Books has acquired Now I’m Reading! a step-by-step series that guides beginning readers through to independent reading. The post Random House Kids Acquires Now I’m Reading! Platform appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-11-12 00:00:00 UTC ]
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Bonnier Publishing has acquired Igloo Books, saying the acquisition makes the publisher a "dominant force" in children's mass market publishing. Continue reading at The Bookseller
[ The Bookseller | 2014-11-01 00:00:00 UTC ]
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U.K.-based Bonnier Publishing has acquired Igloo Books in a deal that will make Bonnier one of the five largest children’s publishers in the U.K. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-31 00:00:00 UTC ]
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Hodder & Stoughton has acquired The Catalyst, the first novel in a fantasy crossover series from 15-year-old debut author Helena Coggan. The book, which Coggan started writing when she was just 13, is about teenager Rose Elmsworth, who lives in a world divided into the Gifted (who have... Continue reading at The Bookseller
[ The Bookseller | 2014-10-30 00:00:00 UTC ]
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Angry Robot has made its first acquisition since the company was sold off from the Osprey Group. World English rights were signed in two books by Alyc Helms in a deal from Lindsay Ribar and Stefanie Diaz at Greenburger Associates and Anna Carmichael at Abner Stein. The first title, The Dragons... Continue reading at The Bookseller
[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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Puffin has acquired three more titles in Chris Bradford’s Bodyguard series, about a teenage bodyguard hired to protect the daughter of the US president. Editorial director Amy Alward acquired the world English language rights to books four, five and six from Charlie Viney at The Viney Agency. Continue reading at The Bookseller
[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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Little, Brown Book Group has acquired the first YA title from adult novelist Alex Wheatle. Liccle Bit is told from the perspective of Lemar, a boy growing up on an inner city estate. Over the course of the book he has to contend with his feelings for the hottest girl in school, as well as the... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Little Tiger has acquired The First Slodge, the new picture book by author Jeanne Willis and illustrator Jenni Desmond. “We constantly look to diversify the Little Tiger list, and create surprising and inspiring picture books,” said publisher Jude Evans. “Jeanne’s text for The First Slodge... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Floris Books has acquired two separate children’s titles from author Cathy MacPhail and her son David MacPhail. Senior commissioning editor Eleanor Collins approached Cathy early in 2013 for a Scottish young teen novel while, independently, David submitted an outline for a series of Viking... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Scribe has acquired a novel by Lutz Seiler, titled Kruso, which was recently awarded the 2014 German Book Prize, dubbed Germany’s equivalent to the Man Booker Prize. Scribe acquired World English rights from Nora Mercurio at Suhrkamp Verlag at auction. Seiler is a poet and short-story... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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Orchard Books has acquired One Thing, a new Charlie and Lola title from author and illustrator Lauren Child. Kate Burns, picture, gift and novelty book publisher at Orchard, said: “Lauren Child fans will not be disappointed. One Thing is perfectly funny, perfectly formed and sees top-negotiator... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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Worthy Publishing, a Christian house based in Nashville, has acquired the 50-year-old Ideals Children’s Books line from Guideposts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-15 00:00:00 UTC ]
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The mobile advertising boom is more apparent than ever and publishers are now recognizing the success of custom and native ad strategies on mobile. Continue reading at Folio Magazine
[ Folio Magazine | 2014-10-08 00:00:00 UTC ]
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MPS North America, a wholly owned subsidiary of Delhi-based MPS Limited, has completed the acquisition of EPS (Electronic Publishing Services). Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-08 00:00:00 UTC ]
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The Athens (Ohio) NEWS, a twice-weekly newspaper launched in 1977 by Bruce Mitchell, is being sold to Adams Publishing Group (APG) Media of Ohio LLC, a family owned newspaper company with headquarters in Minnesota. Mitchell and ownership ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-09-25 00:00:00 UTC ]
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