Buzzfeed got $50m in venture capital. What happens next?

Silicon Valley firm Andreessen Horowitz has more than doubled investments in the meme-tastic site. Can traditional media companies compete?Venture capital funds exist to make risky bets. Theyre intended to be a place where excess cash can find a better return than in a bank or bonds.So how should we take the news that Andreessen Horowitz, set up by two of the figures behind the Netscape browser that web thing which helped put newspapers in the calamitous state theyre mostly in is investing $50m in Buzzfeed, the online publisher? Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-08-11 00:00:00 UTC ]
News tagged with: #andreessen horowitz #online publisher

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Recurrent Ventures’ Refurbished Outdoor Titles See 70% Audience Growth

Two legacy titles that the venture equity firm Recurrent Ventures purchased from Bonnier Corp. in October 2020, Field & Stream and Outdoor Life, have seen audience, revenue and staff growth since their acquisition, making a positive case for private equity-backed media. Year over year... Continue reading at AdWeek

[ AdWeek | 2022-01-20 11:26:48 UTC ]
More news stories like this | News stories tagged with: #outdoor life #recurrent ventures #bonnier corp #field stream #bonnier


Recurrent Ventures – the next big private equity-fueled media conglomerate?

Private equity-funded Recurrent Ventures now has 20 digital media brands under its purview — and is on the hunt for more acquisitions. But is its approach to injecting new life into these titles sustainable? The post Recurrent Ventures – the next big private equity-fueled media conglomerate?... Continue reading at Digiday

[ Digiday | 2022-01-18 05:01:00 UTC ]
More news stories like this | News stories tagged with: #recurrent ventures #digital media


This village was a book capital. What happens when people stop buying so many books?

Redu, Belgium, was for decades a destination for book lovers. But now more than half of its bookstores have closed. Continue reading at The Washington Post

[ The Washington Post | 2021-12-26 14:43:23 UTC ]
More news stories like this | News stories tagged with: #book lovers


BuzzFeed’s public debut proves to be a buzzkill

What happened to the digital media outfit with the green dress? To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2021-12-10 16:36:06 UTC ]
More news stories like this | News stories tagged with: #digital media


Buffalo News publisher rejects Alden Global Capital's takeover bid.

The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 million. Continue reading at The New York Times

[ The New York Times | 2021-12-09 20:44:02 UTC ]
More news stories like this | News stories tagged with: #takeover bid #hedge fund #newspaper chain #$141 million #news publisher


At Sharjah: A UNESCO World Book Capital Network Meeting

Delegates from 16 of UNESCO's World Book Capitals convened in Sharjah to explore the WBC network and what it can offer. The post At Sharjah: A UNESCO World Book Capital Network Meeting appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-22 19:44:51 UTC ]
More news stories like this | News stories tagged with: #world book


How Commerce Is Evolving at Publishers BuzzFeed and Hearst Magazines

What do a publisher that was founded in 1887 and one that was founded in 2006 have in common? Plenty, as it turns out, when it comes to their commerce strategies. BuzzFeed senior vice president of ad strategy and partnerships Ken Blom and Hearst Magazines vp of strategic partnerships and... Continue reading at AdWeek

[ AdWeek | 2021-10-27 14:09:20 UTC ]
More news stories like this | News stories tagged with: #hearst magazines #ad strategy #strategic partnerships #hearst


Mango, White Star Enter Copublishing Venture

Mango Publishing Group and the Italian children's and illustrated books publisher White Star have entered a publishing agreement in which Mango will acquire exclusive rights to publish certain White Star books in English, while White Star will acquire identical rights to to translate and sell a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-18 04:00:00 UTC ]
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Sprei joins Penguin Ventures as commercial director

Penguin Random House Children’s has appointed David Sprei to the new role of commercial director for Penguin Ventures. Continue reading at The Bookseller

[ The Bookseller | 2021-10-11 17:43:56 UTC ]
More news stories like this | News stories tagged with: #commercial director #penguin ventures #penguin random house


Horrible Histories sets sail with new Thames venture

New developments for the Horrible Histories brand will sees partnerships with a Thames river cruise service to launch a new theatrical experience, and a "Vile Victorians" section in the family entertainment maze at Warwick Castle.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-17 23:02:00 UTC ]
More news stories like this | News stories tagged with: #theatrical experience


Wonderbly acquired by private equity firm Graphite Capital

Personalised children’s book publisher Wonderbly has been acquired by private equity specialist Graphite Capital for an undisclosed amount.  Continue reading at The Bookseller

[ The Bookseller | 2021-07-27 23:35:14 UTC ]
More news stories like this | News stories tagged with: #undisclosed amount #children’s book


Cheat Sheet: BuzzFeed will go public via SPAC IPO to fuel acquisitions, the first one being Complex Networks

BuzzFeed is coming for digital media companies, fueled by a SPAC IPO and the acquisition of Complex Networks. The post Cheat Sheet: BuzzFeed will go public via SPAC IPO to fuel acquisitions, the first one being Complex Networks appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-06-25 04:01:00 UTC ]
More news stories like this | News stories tagged with: #cheat sheet #complex networks #digital media


BuzzFeed Confirms Plans to Go Public Through SPAC Deal

The digital media company, which will merge with a publicly listed shell company in what is known as a SPAC deal, also lined up about $150 million in debt financing. Continue reading at The New York Times

[ The New York Times | 2021-06-25 00:38:07 UTC ]
More news stories like this | News stories tagged with: #spac deal #$150 million #digital media


BuzzFeed valued at $1.5bn in deal to go public via special-purpose merger

News and digital media giant to use special purpose acquisition company (Spac) to go public and to acquire Complex for $300mBuzzFeed, the news, digital media and lifestyle company, has announced plans to become a publicly traded company through a special purpose acquisition company (Spac) that... Continue reading at The Guardian

[ The Guardian | 2021-06-24 16:39:34 UTC ]
More news stories like this | News stories tagged with: #announced plans #digital media


BuzzFeed Closes In on Deal to Go Public

The digital publisher is said to be on the verge of announcing a SPAC merger that would take the company public. Continue reading at The New York Times

[ The New York Times | 2021-06-24 15:16:53 UTC ]
More news stories like this | News stories tagged with: #digital publisher


Amazon Publishing sponsors Capital Crime's 2021 New Voices Award

Amazon Publishing will sponsor Capital Crime's 2021 New Voices Award sponsored by Amazon Publishing with a £1,000 cash prize and potential publication. Continue reading at The Bookseller

[ The Bookseller | 2021-05-05 13:40:42 UTC ]
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Before Billy Wilder ventured behind a camera, he was a precocious journalist honing his sharp wit

“Billy Wilder on Assignment” is the first anthology to collect Wilder’s newspaper work in a single volume, and it’s a revelation. Continue reading at The Washington Post

[ The Washington Post | 2021-04-28 12:00:00 UTC ]
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Tbilisi Opens Its UNESCO World Book Capital Year: ‘An Historic Day’

Constrained by the pandemic, a small but spirited weekend opens the 2021 UNESCO World Book Capital program in Tbilisi. The post Tbilisi Opens Its UNESCO World Book Capital Year: ‘An Historic Day’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-26 16:29:25 UTC ]
More news stories like this | News stories tagged with: #historic day #world book


London, the New Capital of Middle Eastern and North African Arts, Culture, Music, and Literature, by Malu Halasa

Culture Street mural for Grenfell Tower, with poem by Ben Okri, North Kensington, London, image courtesy of IranWire and #PaintTheChange. London-based writer Malu Halasa canvasses the Middle Eastern and North African culture scene in London,... Continue reading at World Literature Today

[ World Literature Today | 2021-04-19 19:22:28 UTC ]
More news stories like this | News stories tagged with: #tate modern #south korea #extensively covered #graphic novel #online book #memoir #bookstore


BookClub Venture Prepares for Spring Launch

Scheduled to launch sometime in the spring, BookClub is a virtual book club platform driven by author-led book discussions and designed for mobile devices. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile devices #book club