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 ]
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Set aside that Soldier Field would have to expand to 70,000 seats -- or 8,500 more than its current capacity for football crowds -- in order to meet the National Football League's minimum stadium size for hosting a Super Bowl, but spending public money on expanding a sports palace doesn't have a... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2014-03-08 00:00:00 UTC ]
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Figures in its filing with the SEC show that Barnes & Noble cut Nook capital expenditures by 74% in the third quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-07 00:00:00 UTC ]
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The startup that lets patients book appointments with doctors online will cover all of the lower 48.ZocDoc, a service that lets patients book appointments with doctors online, announced Wednesday it is expanding from 2,000 cities and towns--roughly 40% of the country's population--to cover the... Continue reading at Fast Company
[ Fast Company | 2014-03-05 00:00:00 UTC ]
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How women are portrayed in photography has been a hot-button issue in publishing during the last several months. One could argue the spirited dialogue goes back a year to Dove's "Real Beauty Sketches" effort, which went viral. At any rate, whether you find BuzzFeed Video's "Photoshopping Real... Continue reading at AdWeek
[ AdWeek | 2014-02-21 00:00:00 UTC ]
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The private investment firm G Asset Management has made a proposal to buy a 51% stake in Barnes & Nobles in a deal valuing the company at $22 per share. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-21 00:00:00 UTC ]
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CodeMantra, the technology and service provider to publishers and other content companies, has been acquired by a Boston-based investment group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-20 00:00:00 UTC ]
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With a mix of all-ages and adult material, print and digital, Action Lab Entertainment is trying to establish itself while maintaining a balance with a staff located around the country. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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An email to Brazilian publishers suggested that Barnes & Noble plans to start selling ebooks in Brazil soon, but B&N has yet to confirm. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-12 00:00:00 UTC ]
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Business psychologist Tomas Chamorro-Premuzic reveals the reasons why the online publisher is so successfulWhen it comes to online content and storytelling, there are few sites as savvy as BuzzFeed, a platform that combines artificial and human intelligence to detect, produce and increase viral... Continue reading at The Guardian
[ The Guardian | 2014-02-11 00:00:00 UTC ]
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From explaining what 'juggalo' means to recipes for sweet potato bourbon noodle kugel, the website's guide is well worth a visitNo, not the Coco Chanel kind of style; the other kind: the writing and editing style that newspapers and websites follow to maintain accuracy, clarity and consistency.... Continue reading at The Guardian
[ The Guardian | 2014-02-05 00:00:00 UTC ]
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Seven new rights holders have signed agreements for Kindle Worlds, Amazon's model that allows writers to publish and sell authorized stories inspired by popular worlds. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-05 00:00:00 UTC ]
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Children’s publisher is expanding its team by appointing Helen Freeman to the newly created... Continue reading at The Bookseller
[ The Bookseller | 2014-02-05 00:00:00 UTC ]
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Independent publisher Saqi Books is reviewing its English language publishing programme and... Continue reading at The Bookseller
[ The Bookseller | 2014-02-03 00:00:00 UTC ]
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Bauer Media launches site targeting perceived gap in the market for 'constantly connected, influential, 20-something women'Bauer Media has launched digital brand The Debrief, targeting twentysomething women, with a promise that it is more than "BuzzFeed for girls".The Debrief officially launched... Continue reading at The Guardian
[ The Guardian | 2014-02-03 00:00:00 UTC ]
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3M Library Systems has announced that Cloud Library eBook Lending System will now launch in Canada—3M’s first international expansion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-23 00:00:00 UTC ]
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The Web publishing world has been slightly panicked over the growth of mobile consumption—mostly because for individual sites, the just money isn't there. Mobile banners are seen as a lousy brand vehicle, which is why so many are rushing to native ads. BuzzFeed founder and CEO Jonah Peretti... Continue reading at AdWeek
[ AdWeek | 2014-01-22 00:00:00 UTC ]
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After entering the library ebook market last April with a pilot, Simon & Schuster is expanding its program to more libraries, and adding OverDrive as a vendor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
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The Frankfurt Book Fair has confirmed it plans for expansion in Brazil, with a series of CONTEC... Continue reading at The Bookseller
[ The Bookseller | 2014-01-16 00:00:00 UTC ]
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The Hachette Book Group will be making a couple of big real estate moves this year as it expands its distribution center in Indiana and relocates its New York City headquarters. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-09 00:00:00 UTC ]
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Cookstr founder Will Schwalbe will stay on in an expanded role as v-p of editorial development and content innovation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
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