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 ]
The executive chairman of the Booksellers Association has called for positivity in the year ahead as he says booksellers are bucking the trend of high street closures. Continue reading at The Bookseller
[ The Bookseller | 2019-01-03 00:00:00 UTC ]
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Laurence Orbach has stepped down from his position as executive chairman for Quarto in the latest wave of changes to the company's governance. Continue reading at The Bookseller
[ The Bookseller | 2018-07-14 00:00:00 UTC ]
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Less than a week after Laurence Orbach returned to the Quarto Group as executive chairman, Marcus Leaver resigned as CEO of the publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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Hinton was Rupert Murdoch’s right-hand man at the height of the phone-hacking scandal. He resigned over it and feels he was made a scapegoat, but remains an admirer of the tycoonLes Hinton used to insist he would never write a memoir. The idea of adding his own title to volumes already devoted... Continue reading at The Guardian
[ The Guardian | 2018-05-20 00:00:00 UTC ]
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In a dramatic move, Quarto's founder Laurence Orbach has been re-appointed as executive chairman of the illustrated publisher following a shareholder revolt, six years after he was ousted as chairman and chief executive of the company. The group also appointed fellow shareholder Chuk Kin Lau of... Continue reading at The Bookseller
[ The Bookseller | 2018-05-18 00:00:00 UTC ]
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Media mogul Rupert Murdoch — the executive chairman of News Corporation, and the big boss at Fox News, the New York Post and the Wall Street Journal — has a message to Silicon Valley's social media giants: Pay up. Murdoch's specific targets Monday were Facebook and Alphabet's Google, two... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-01-23 00:00:00 UTC ]
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News Corp. executive chairman and 21st Century Fox executive co-chairman Rupert Murdoch is taking on Silicon Valley. The media mogul released a statement today noting that if Facebook is going to revamp its news feed to ensure it's publishing the most legitimate, "trusted" news content on its... Continue reading at AdWeek
[ AdWeek | 2018-01-23 00:00:00 UTC ]
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Yen Press has announced plans to launch JY, a middle grade graphic novel imprint in fall 2017, named after Yen deputy publisher JuYoun Lee. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-23 00:00:00 UTC ]
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Michael Huseby, who served as CEO of Barnes & Noble, Inc. and then executive chairman of B&N Education when that company was spun-off from B&N Inc., has been named to succeed Max Roberts as head of B&N Education. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-20 00:00:00 UTC ]
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Washington, D.C.’s Politics and Prose Bookstore has announced plans to open a second location at Union Market, a food and artisan hub located in the capital’s northeast district. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-05-30 00:00:00 UTC ]
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Amazon is planning to open a bookstore in a Century City mall, its first brick-and-mortar bookstore in Los Angeles. The online retailer, credited with causing a crisis in the physical bookselling industry, has opened five brick-and-mortar bookstores in the last 18 months and has announced plans... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-05-20 00:00:00 UTC ]
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At the Bologna Children’s Book Fair today, BolognaFiere, the organizer of the event as well as 75 other trade shows around the world, announced plans to start a new trade show focused on rights and licensing in New York City in spring 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-04 00:00:00 UTC ]
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AppNexus, a major advertising technology provider, has barred Breitbart News from using its ad-serving tools because the conservative online publisher violated its hate speech rules.AppNexus scrutinized Breitbart's website after president-elect Donald Trump tapped Steve Bannon, former executive... Continue reading at Advertising Age
[ Advertising Age | 2016-11-23 00:00:00 UTC ]
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Responding to growing concerns over the spread of misinformation online in the weeks and months before Election Day, Facebook and Google have announced plans to restrict sites that publish fake news from using online advertising. Continue reading at Stuff
[ Stuff | 2016-11-16 00:00:00 UTC ]
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A testament to the global reach of publishing today, The Markets at Frankfurt Book Fair arrives with diversity both of opportunity and challenge. The post Voices From the Day Ahead: Frankfurt’s ‘The Markets’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-10-18 00:00:00 UTC ]
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Abrams has announced plans to launch an as-yet-unnamed imprint with a focus on narrative nonfiction. Jamison Stoltz has been brought aboard as executive editor, effective immediately. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-17 00:00:00 UTC ]
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The founder of Barnes & Noble Inc. has announced that he will retire as executive chairman in September after 45 years with the company. Continue reading at The Bookseller
[ The Bookseller | 2016-04-28 00:00:00 UTC ]
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With a global reach to 34,000 libraries and institutions, digital library lending service OverDrive expands its service to Germany, Austria and Switzerland. The post OverDrive Expands Ebook Library Lending to Germany, Austria and Switzerland appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-03-11 00:00:00 UTC ]
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Newspaper publisher Lee Enterprises has elected Kevin Mowbray president and chief executive officer as part of a succession plan that moves former CEO Mary Junck to executive chairman of the board Continue reading at ABC News
[ ABC News | 2016-02-18 00:00:00 UTC ]
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Facebook’s scheme for speedy news stories has finally come to Android. With select publishers you’ll now see a lightning bolt icon in the top corner, which denotes that article is stored on Facebook’s servers and will load rapidly.This feature, as is often the case, first debuted on the... Continue reading at PC World
[ PC World | 2015-12-18 00:00:00 UTC ]
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