Atlantic Media is selling Quartz to Japan’s Uzabase for up to $110M

The digital media company founded in 2012 will now be part of a publicly traded Japanese firm. Atlantic Media has agreed to sell its business-and-tech news outlet Quartz to publicly traded Japanese firm Uzabase, in a deal worth between $75 million and $110 million. The deal is set to close within the next 30 days. In an open letter to employees and readers, Quartz leadership said its work will remain largely unchanged, with current leadership and office locations remaining intact. Quartz co-president and editor-in-chief Kevin J. Delaney and co-president and publisher Jay Lauf–who will now become co-CEOs of Quartz–also said the company is on track to boost ad revenue by up to 35% over last year.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2018-07-02 00:00:00 UTC ]

Other news stories related to: "Atlantic Media is selling Quartz to Japan’s Uzabase for up to $110M"

Amazon Snaps Up Goodreads, A Partner Apple Wanted

This article branches off of a longer story we're tracking called Apple's New Technology Partners: What Developers Need To Know.Steve Jobs once said said, "people don't read anymore." He wasn't the only tech pundit pronouncing books dead in the middle of the last decade, as people turned to... Continue reading at Fast Company

[ Fast Company | 2013-04-19 00:00:00 UTC ]
More news stories like this

Westminster library staff tackle bosses on cuts

The staff of Westminster libraries have written an open letter to their council bosses, urging... Continue reading at The Bookseller

[ The Bookseller | 2013-01-17 00:00:00 UTC ]
More news stories like this

Right pricing ebooks: Is the government actually discouraging competition?

Authors Guild President Scott Turow charges in an open letter about ebook pricing: “Our government may be on the verge of killing real competition in order to save the appearance of competition.” Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-03-13 00:00:00 UTC ]
More news stories like this

Ness and CILIP in school libraries plea

Written By: Katie Allen and Caroline Horn Publication Date: Fri, 01/04/2011 - 08:49 Children’s author Patrick Ness and Annie Mauger, chief executive of the Chartered Institute of Library and Information Professionals (CILIP) have called for a "properly resourced and professionally staffed"... Continue reading at The Bookseller

[ The Bookseller | 2011-04-01 00:00:00 UTC ]
More news stories like this