Bustle Digital Group Buys Mic for an Estimated $5 Million

Executives at digital news publisher Mic managed to lay off nearly the entire company and secure a new owner all in one day. The company, which launched with a splash as a go-to news source for millennials, is officially being sold to Bryan Goldberg's Bustle Digital Group. Sources say a cash-strapped Mic had been aggressively... Continue reading at 'AdWeek'

[ AdWeek | 2018-11-30 00:00:00 UTC ]
News tagged with: #entire company #news source #bryan goldberg

Other Publishing stories related to: 'Bustle Digital Group Buys Mic for an Estimated $5 Million'


WarnerMedia shuts investment arm that backed Mic, Mashable and other digital media startups

Time Warner Investments was one of the most prominent backers of publishing, video and advertising technology companies. The post WarnerMedia shuts investment arm that backed Mic, Mashable and other digital media startups appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-25 00:00:00 UTC ]
More news stories like this |


Financially Strapped Digital News Site Mic Looks for a Buyer as Layoffs Loom

Digital news publisher and suddenly-strapped-for-cash Mic is in sales talks, according to sources familiar with the matter who speculated that Bustle Digital Group (BDG) or its founder, Bryan Goldberg, might end up buying it. Mic was founded in 2011 and has largely targeted millennials, covering... Continue reading at AdWeek

[ AdWeek | 2018-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #layoffs loom #sources familiar #bryan goldberg #social issues


Endeavor Business Media Buys Healthcare Brand From Vendome Group

Endeavor Business Media has acquired Vendome Group's Healthcare Informatics brand, the Nashville-based b2b firm announced Friday. The deal—which includes the brand's website as well as 13 annual Health IT Summits throughout the U.S.—marks Endeavor's second acquisition since absorbing SouthComm... Continue reading at Folio Magazine

[ Folio Magazine | 2018-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #editorial expertise #custom content #financial terms


Hachette Children’s Group buys body positive title

Hachette Children’s Group has acquired a non-fiction book for teenagers about body positivity. Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette children #non-fiction book


Macmillan Buys US Rights to Cao Wenxuan’s Latest Book from 21st Century Publishing Group

At a special ceremony during the Bologna Book Fair, Macmillan and 21st Century Publishing Group celebrated a new rights deal for Chinese author Cao Wenxuan's book, 'Summer'. The post Macmillan Buys US Rights to Cao Wenxuan’s Latest Book from 21st Century Publishing Group appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rights deal #macmillan buys #cao wenxuan


Google and Facebook make up less than 5 percent of publishers’ digital revenue

Revenue from third-party platforms represented 16 percent of publishers' total digital revenue in the first half of 2017 -- nearly unchanged from a year earlier. The post Google and Facebook make up less than 5 percent of publishers’ digital revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital revenue #post google #year earlier


NBC's telecast of Golden Globe Awards draws 19 million viewers, down 5% from last year

On a night when politics nearly overshadowed show business, NBC’s telecast of Golden Globes Awards was watched by 19 million viewers on Sunday, a 5% decline from 2017. Though the ratings from Nielsen were off from the previous year, the audience for the show emceed by “Late Night” host Seth... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #5% decline


Walliams scores a hat-trick while 5 Ingredients tops half a million

David Walliams’ Bad Dad (HarperCollins) has screeched into a third week as the UK Official Top 50 number one, selling 80,643 copies for £472,764. Continue reading at The Bookseller

[ The Bookseller | 2017-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david walliams


ANA Pushes $50 Million Digital Media Pilot to Combat 'Ad-Tech Tax'

After years of complaining about digital media fraud, brand safety and other problems, the Association of National Advertisers hopes to do something about it, starting a six-month pilot with what it hopes will be 35 marketers and more than $50 million in spending for 30 premium online... Continue reading at Advertising Age

[ Advertising Age | 2017-08-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$50 million #ad-tech companies #ad inventory #ad fraud


B&N Education Buys Student Brands for $58.5 Million

Barnes & Noble Education has acquired Student Brands, a direct-to-student subscription-based writing skills service, for $58.5 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-07 00:00:00 UTC ]
More news stories like this |


Microsoft will pay you $5 to buy an ebook -- even if your selection costs less than that

As the owner of a Kindle, I normally get all my ebooks from Amazon. It is a great experience, as not only can I read the book on my e-reader, but thanks to the Kindle app, my smartphone and tablet too. Quite frankly, I never considered getting an electronic book anywhere else. If you are a... Continue reading at Betanews

[ Betanews | 2017-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle app #electronic book #buy books #great experience


PRH Buys Spain's Ediciones B for Rumored €40 Million

Penguin Random House has agreed to buy major Barcelona-based publisher Ediciones B for a rumored €40 million, further consolidating its power in Spanish-language markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #spanish-language markets


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


Davler Media Group Buys LGBTQ Magazine and Teases New Quarterly

Metrosource joins Davler as the publisher prepares to launch design vertical, Exuberance. The post Davler Media Group Buys LGBTQ Magazine and Teases New Quarterly appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-23 00:00:00 UTC ]
More news stories like this |


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 ]
More news stories like this |


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 ]
More news stories like this |


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 ]
More news stories like this |


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


Warner Bros. to buy the rest of digital video company Machinima

Warner Bros. has signed a deal to buy the gamer-focused YouTube network Machinima in order to expand the movie and TV studio’s digital video business, the company said Thursday. Burbank-based Warner Bros., the studio behind film franchises like Harry Potter and DC Entertainment, was already a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tv studio #warner bros #harry potter #dc entertainment


Business Insider Challenges Digital Traffic Measurement, Says Its Audience Is Far Higher Than ComScore's Estimate

Business Insider has become the latest large web publisher to challenge an influential arbiter of digital traffic. It is arguing that it has a monthly audience of 328 million people, more than triple the 100 million suggested by ComScore's domestic estimate of 51 million and Google Analytics'... Continue reading at Advertising Age

[ Advertising Age | 2016-10-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital traffic #distributing content #internet giants #growing frustration