BookBub Raises $3.8 Million

BookBub, a daily deal site for ebooks, announced it has raised $3.8 million in Series A funding, the first external capital secured by the company. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-05-01 00:00:00 UTC ]

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The $100 million wall: Digital media’s scale struggles

For venture-backed digital publishers, getting to $100 million in annual revenue is the holy grail, but one few will achieve. The post The $100 million wall: Digital media’s scale struggles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$100 million #annual revenue #holy grail

Swell of support for New Beacon Books helps raise £10k

Afro-Caribbean bookshop New Beacon Books has decided to remain open due to the “fantastic response” from the public following the announcement of its impending closure. Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #beacon books

PRH Opts to Publish $65 Million Obama Books Globally

The pair of books that Penguin Random House recently bought by Barack and Michelle Obama, for a reported $65 million, will be released globally by the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #released globally

The Obamas' Book Deals Spark $65 Million Mystery

If Penguin Random House really spent the rumored $65 million to acquire books by the former president and first lady, Barack and Michelle Obama, how could the publisher recoup its outlay? It might not be that hard. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #acquire books #michelle obama

Hour Media Group Acquires Emmis Magazines for $6.5 Million

Personnel changes hit Los Angeles Magazine as new owners lay off publisher, EIC. The post Hour Media Group Acquires Emmis Magazines for $6.5 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-01 00:00:00 UTC ]
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B&N Education Buys MBS for $174 Million

In another move that consolidates the college retail and wholesale market, Barnes & Noble Education has acquired MBS Textbook Exchange for $174.2 million in cash. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-28 00:00:00 UTC ]
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Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Bookouture thriller racks up one million digital sales in a year

Robert Bryndza’s thriller The Girl in the Ice has hit one million sales in less than a year, according to digital publisher Bookouture. Continue reading at The Bookseller

[ The Bookseller | 2017-02-16 00:00:00 UTC ]
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Wellington book-lovers raise 10k to launch children's literature magazine online

A pair of Wellington women with a combined 25 years experience in the children's book world are getting ready to share their passion with a wider audience. Continue reading at Stuff

[ Stuff | 2017-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #launch children #book world #wider audience

Kickstarter Hits $100 Million Mark for Publishing Projects

Since its launch in 2009, Kickstarter has raised over $100 million for publishing projects, $21 million of which was raised last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-03 00:00:00 UTC ]
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Spear Point Invests $1 Million into Salon Media Group

Four board members step down as TheStreet.com investor gains a 29 percent stake in the digital magazine. The post Spear Point Invests $1 Million into Salon Media Group appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital magazine

Facebook must pay $500 million in damages in Oculus intellectual property case

Facebook is on the hook for $500 million in damages after losing an intellectual property lawsuit Wednesday to ZeniMax Media over its virtual reality headset, the Oculus Rift. ZeniMax, a video game publisher, sued the social network in 2014 in U.S. District Court in Dallas shortly after Facebook... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #zenimax media #$500 million #oculus rift #district court

Boys' basketball: South Gate is 8-0 in the Eastern League

Down by seven points in the third quarter, South Gate got its act together and rallied for a 59-48 victory over Los Angeles Roosevelt on Monday, improving to 8-0 in the Eastern League. David Mixon scored 11 of his 15 points in the fourth quarter. In the Western League, Fairfax got a scare but... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-01-31 00:00:00 UTC ]
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Barack Obama book deal for presidential memoirs expected to top $27 million

A book deal for the memoirs of former US president Barack Obama is expected to set a record, with a price tag as high as US$20 million (NZ$27.6 million). Continue reading at Stuff

[ Stuff | 2017-01-27 00:00:00 UTC ]
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The Weekly Scorecard: Tracking Unit Print Sales for Week Ending January 8, 2017

Unit sales of print books declined 5% in the week ended Jan. 8, 2017, compared to the similar week in 2016, at outlets that report to Nielsen BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, January 8, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended January 8, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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Charity children’s book raises £13,000 for Cameroon

A children’s book featuring stories by authors such as Gill Lewis, Piers Toray and Abi Elphinstone has raised more than £13,000 for a charity project in Cameroon. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Bookstore News: January 3, 2017

A new bookstore opens in North Carolina; a Connecticut bookstore adds podcasts; one of the country’s smallest bookstores goes on the market; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore news #bookstore opens #north carolina