BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report published by the Financial Times on Tuesday. According to the FT, the company has been forced to cut its 2016 revenue target from $500m to $250m after missing its 2015 target by more than $80m. The company reportedly projected revenues of $250m in 2015 but generated less than $170m. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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E-book revenue up 250% at HarperCollins UK

HarperCollins UK has described its annual performance as "strong", despite the... Continue reading at The Bookseller

[ The Bookseller | 2012-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book revenue #harpercollins uk

Printing in Hong Kong 2012: Projects Showcase

The numerous awe-inspiring projects adorning the production floors of Hong Kong and mainland China print suppliers always get PW itching to feature these unbelievable objects that pass for books. However, nondisclosure agreements and confidentiality clauses often play havoc with this wish. But... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-08-06 00:00:00 UTC ]
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EU-Japan deal may cut red tape, boost IP protection

European publishers are looking into the opportunities a free trade agreement between the... Continue reading at The Bookseller

[ The Bookseller | 2012-07-30 00:00:00 UTC ]
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Profit drops at Penguin in first half 2012

Penguin profits have dropped by £20m in the first half of 2012 to £22m, nearly... Continue reading at The Bookseller

[ The Bookseller | 2012-07-27 00:00:00 UTC ]
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Informa’s academic division up 6% in first half

Taylor and Francis’ parent company Informa saw revenue growth in its academic division of 6... Continue reading at The Bookseller

[ The Bookseller | 2012-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #academic division #revenue growth

QuadrantOne Unveils Targeting Tools For Newspaper Sites

QuadrantOne, an online ad platform created by a consortium of newspaper publishers, including Gannett, Hearst, the New York Times Co. and Tribune, is introducing three new ad management tools intended to improve targeting and measurement of online ad ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #newspaper publishers #including gannett

Publishers 'missing out' on school ebook sales

Publishers are "missing out" on ebook sales to schools because of the lack of a... Continue reading at The Bookseller

[ The Bookseller | 2012-07-12 00:00:00 UTC ]
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Bertrams grows revenue 32.5%

Bertrams like-for-like revenue has risen 4.3% in the last three quarters as its total sales... Continue reading at The Bookseller

[ The Bookseller | 2012-07-10 00:00:00 UTC ]
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Steep rise in digital revenues at CUP

Cambridge University Press has seen its digital revenues rise 70% over the past year to account... Continue reading at The Bookseller

[ The Bookseller | 2012-06-29 00:00:00 UTC ]
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Field of Dreams author to Friday Project

HarperCollins imprint The Friday Project is to publish a new novel by W P Kinsella, author of... Continue reading at The Bookseller

[ The Bookseller | 2012-06-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #friday project #harpercollins imprint

Fairfax to Cut 1,900 Jobs in Restructuring of Media Operations

The struggling conglomerate, which has a 30 percent market share in Australia, publishes The Sydney Morning Herald, the Australian Financial Review and The Age in Melbourne. Continue reading at The New York Times

[ The New York Times | 2012-06-18 00:00:00 UTC ]
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US: 'E-book revenue outstrips hardbacks in first quarter'

Further evidence of the rise of digital and the decline of print comes from the US where,... Continue reading at The Bookseller

[ The Bookseller | 2012-06-18 00:00:00 UTC ]
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Design and marketing targeted at Creativity Day

Next Thursday will see the largest gathering of book marketing professionals this year as 170... Continue reading at The Bookseller

[ The Bookseller | 2012-06-13 00:00:00 UTC ]
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Driving New Revenue Through Telemarketing

B-to-b publishers are going to market with more products than ever—including their own and those of their clients. The advantage they offer, of course, is a narrow, targeted audience. The challenge they face is to avoid tapping out that audience, or allowing their marketing messages to get lost... Continue reading at Folio Magazine

[ Folio Magazine | 2012-06-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #direct mail