BuzzFeed Expands Thanks to $50M Investment

Changes are coming for millennial-targeted publisher BuzzFeed. The company announced on Monday that it received $50 million in series E funding from venture capital firm Andreessen Horowitz and planned to restructure the company with the funds.  "Today we think the time is perfect to grow our company, build our brand and greatly increase the content we are producing so we can be the number one digital media brand. The investment from Andreessen Horowitz will allow us to double down on our company's mission by creating a new organization and expand rapidly in all areas," BuzzFeed CEO Jonah Peretti said in a statement. BuzzFeed's editorial division will now be grouped under three categories—news, buzz and life—while all of its native ad efforts will fall under the BuzzFeed Creative category. All videos will fall under the BuzzFeed Motion Pictures arm, which will soon encompass mid- and feature-length projects in addition to its staple of viral clips and GIFs. A new section called BuzzFeed Distributed, led by managing editorial director Summer Anne Burton, will handle distributing its content across social platforms including Tumblr, Imgur, Instagram, Snapchat, Vine and other messaging apps. The company also announced plans to bolster its global reach with offices in India, Germany, Mexico and Japan sometime this year. To oversee the new teams, BuzzFeed added some seasoned veterans to its top ranks, including Andreessen Horowitz's general partner Chris Dixon, who will be... Continue reading at 'AdWeek'

[ AdWeek | 2014-08-12 00:00:00 UTC ]
News tagged with: #announced plans #global reach #top ranks #executive chairman

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PRH US to expand with new Nevada distribution centre

​Penguin Random House US is expanding its distribution operations with a new centre in Nevada.  Continue reading at The Bookseller

[ The Bookseller | 2019-11-05 11:21:34 UTC ]
More news stories like this | News stories tagged with: #distribution operations #random house


Google Vows to Keep Investing in Journalism in Search for Sustainable Publishing Models

During the Digital Media Asia 2019 conference held in Hong Kong in October, tech giant Google reiterated its support for Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-11-04 18:00:50 UTC ]
More news stories like this | News stories tagged with: #hong kong #digital media


Now you too can invest in obscenely expensive collectibles

Are you ready to own a small piece of a first-edition Harry Potter book? Good news: Your assets can now include a 1982 Aston Martin V8 Vantage worth $297,500, and a Bleu Saphir Lizard Hermés Birkin Bag worth $58,000, and Michael Jordan’s game sneakers from 1988, worth $22,000. They can be... Continue reading at Fast Company

[ Fast Company | 2019-10-31 13:54:58 UTC ]
More news stories like this | News stories tagged with: #small piece #michael jordan #harry potter


#Merky Books to expand as Lindsay-Prince appointed commissioning editor

Stormzy’s Penguin Random House imprint is set to expand, with Lemara Lindsay-Prince appointed to the newly created role of commissioning editor for #Merky Books. Continue reading at The Bookseller

[ The Bookseller | 2019-10-25 01:15:20 UTC ]
More news stories like this | News stories tagged with: ##merky books #penguin random house


What publishers like BuzzFeed, Hearst and Vice are learning from being on TikTok

Like they did with Snapchat in previous years, publishers are still figuring out what works and what doesn't on this latest hot new app. The post What publishers like BuzzFeed, Hearst and Vice are learning from being on TikTok appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-10-23 04:01:04 UTC ]
More news stories like this | News stories tagged with: #previous years #hearst


Sharjah International Book Fair Expands Its Publishers Conference Program

In duration and scope, the 2019 edition of Sharjah International Book Fair's Publishers Conference is programmed for an audience from more than 80 markets. The post Sharjah International Book Fair Expands Its Publishers Conference Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-22 13:49:54 UTC ]
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Welcome to “The Handmaid’s Tale” Expanded Universe

LOOK, IT MUST be said: Margaret Atwood’s The Testaments is a deeply strange text. A page-turning potboiler set 15 years after the events of the first novel and published over three decades later, and co-winner this week of the 2019 Booker Prize, it tells a story only barely connected to the... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2019-10-19 15:00:57 UTC ]
More news stories like this | News stories tagged with: #margaret atwood #first novel


Spectrum investing $1.7M in NKY facility ahead of push to hire 300

Telecommunications giant Spectrum Inc. is investing nearly $2 million in a Northern Kentucky facility ahead of a push to hire on 300 more workers. Spectrum, born from the acquisition of Time Warner Cable by Charter Communications (Nasdaq: CHTR), is investing $1.7 million in upgrades to its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-11 16:16:40 UTC ]
More news stories like this | News stories tagged with: #$2 million #time warner


Sabra to open 'Whirled Peas,' a pop-up restaurant aiming to expand hummus usage beyond dips

Sabra is opening its own restaurant for a few weeks, with a rotating menu from well-known chefs, as it tries to expand consumption of the chickpea dip. The restaurant is named Whirled Peas, a spin on the main ingredient, the process of making hummus—which blends chickpeas with tahini, oil, and... Continue reading at Advertising Age

[ Advertising Age | 2019-10-08 09:00:00 UTC ]
More news stories like this | News stories tagged with: #kish-kash menu #anticipating launching #wes avila #guerilla tacos #kwame onwuachi #jet tila #cookbook author #cooking shows #deborah vantrece #great job #cultural heritage #dinner items #include dishes #herbs—andworld peace #cookbook


Ingram Expands Christian Retail Presence

Ingram Content Group announced Genesis Marketing Group will represent its Christian marketing division, Spring Arbor, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #effective immediately #ingram content group


Nielsen Overhauls and Expands Local TV Measurement

Nielsen unveiled an expansive overhaul of TV measurement in its 208 local markets that will substantially expand its audience panels while also adding out-of-home measurement in several markets. The company said the local TV overhaul, which has been in the works for three years, will deliver... Continue reading at AdWeek

[ AdWeek | 2019-10-03 10:00:35 UTC ]
More news stories like this | News stories tagged with: #tv measurement #nielsen


‘It’s found money’: YouTube stars look for ways to expand to Facebook

Digital publisher Jellysmack is working with YouTube stars to use its tools to tailor their videos for Facebook and Snapchat. The post ‘It’s found money’: YouTube stars look for ways to expand to Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-09-24 04:01:07 UTC ]
More news stories like this | News stories tagged with: #facebook appeared #youtube stars #digital publisher


Expanded Christian Product Expo Attracts 800 Attendees

Christian Product Expo, presented by the Munce Marketing Group and the Christian Retailer Association (CRA), brought nearly 800 bookstore owners and publishing representatives together in Murfreesboro, Tenn., from Aug. 25-27. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing representatives #bookstore


25 Universe-Expanding Science Fiction Books for Kids

From time travel to galaxy-spanning journeys to scientific experiments gone interesting, there are so many fun science fiction books for ... Continue reading at Book Riot

[ Book Riot | 2019-08-09 10:35:25 UTC ]
More news stories like this | News stories tagged with: #time travel #science fiction


Why Are Brand Marketers Investing in Magazines?

For retailers and companies looking to build deeper connections with consumers or cast a wider net for audience engagement, launching a print magazine is a bourgeoning trend. Online vacation rental company Airbnb, luggage retailer Away, dating app Bumble and golf equipment and apparel brand... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-06 16:28:13 UTC ]
More news stories like this | News stories tagged with: #increasing sales #sales pitch #ad revenues #print publication #hearst #printed word #print titles


ABC Says It’s a ‘Superior Platform’ to Streaming and Invests Heavily in Marketing Its Shows

ABC Entertainment president Karey Burke became the latest network exec to come out swinging against streaming competitors like Netflix during the Television Critics Association's summer press tour in LA. "We believe we offer creators a superior platform: big, broad audiences, all year long,"... Continue reading at AdWeek

[ AdWeek | 2019-08-05 19:31:34 UTC ]
More news stories like this | News stories tagged with: #year long #nielsen


City to invest $1.4M in public libraries for census outreach

An investment from the city will help public libraries perform census outreach and provide internet access throughout the city to ensure all New Yorkers are counted in the 2020 Census, the de Blasio... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-08-01 19:48:34 UTC ]
More news stories like this | News stories tagged with: #de blasio #public libraries


After Tor Experiment, Macmillan Expands Embargo on Library E-books

In a memo to authors and agents, Macmillan CEO John Sargent asserted that 45% of Macmillan’s U.S. “e-book reads” were now 'being borrowed for free' from libraries," and said the publisher's new terms are "designed to protect the value of your books during their first format publication." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #library e-books #macmillan


Emma Husar and BuzzFeed 'very close' to reaching settlement in defamation case

The former MP is suing the publisher over an article and social media posts outlining misconduct allegations she labelled ‘slut-shaming’Emma Husar and Buzzfeed are “very close” to settling the former federal MP’s defamation case against the online publisher which she claims portrayed her as “a... Continue reading at The Guardian

[ The Guardian | 2019-07-19 03:16:17 UTC ]
More news stories like this | News stories tagged with: #defamation case #federal court #online publisher


Expanded Whiting Literary Magazine Prizes Name Second Year of Winners

This year's five honorees, up from three last year, are 'The Common,' 'American Short Fiction,' 'Black Warrior Review,' 'The Margins,' and 'The Offing,' which will receive a combined $144,000 from the Whiting Foundation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #whiting foundation #literary magazine