BuzzFeed Said to Expect 2014 Sales of Up to $120 Million

BuzzFeed, the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next year, said one of the people, who asked not to be identified because the numbers are private. BuzzFeed has projected about $60 million in sales for 2013, according to another person familiar with the matter, indicating that revenue may double next year.The company, based in New York, has seen its Web traffic more than quadruple over the past year, vaulting it into the top ranks of news sites. BuzzFeed is now completing work on its 2014 budget and will soon present the numbers to the board, one of the people said. This year's revenue projection was raised from $40 million in the middle of 2013 because the startup was growing faster than expected, according to the person. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2013-12-04 00:00:00 UTC ]
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Apple's $450 million ebooks settlement gets final approval

A federal judge in New York has given final approval to a settlement in which Apple will pay $450 million for its role in a conspiracy to fix prices for ebooks. Judge Denise Cote of the U.S. District Court in Manhattan called the settlement “fair and reasonable.” It requires Apple to pay $400... Continue reading at PC World

[ PC World | 2014-11-22 00:00:00 UTC ]
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Book Deals: Week of November 24, 2014

Pearson creates ‘Distress’ at Norton and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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News Briefs: Week of November 24, 2014

Hachette agrees to buy Black Dog & Leventhal and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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The State of Licensed Publishing in 2014

Executives overseeing licensed publishing programs are, like publishers in general, monitoring the impact of digital technologies on their businesses and dealing with a challenging and competitive retail landscape. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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Bookselling Roundup, Week Ending November 21, 2014

B&N is leading off the holiday push for bricks-and-mortar bookstores. This weekend it launches an expanded Discovery Weekend, one week in advance of Indies First/Small Business Saturday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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PW Picks: Books of the Week, November 24, 2014

This week: the final recollections of Charles Dickens, an eye-opening portrait of the South, and a punk rock memoir. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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Authors on the Air November 21, 2014: James Patterson

James Patterson, author of 'Hope to Die' (Little Brown, 9780316210966) and 'House of Robots' (LBYR, 9780316405911), will appear on NBC’s 'Today' on Monday, November 24. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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November 2014 Top Self-published Book Reviews from BlueInk Review

The November 2014 selection of self-published book reviews from BlueInk Review includes paranormal fiction, young adult fiction, self-help and health. The post November 2014 Top Self-published Book Reviews from BlueInk Review appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-20 00:00:00 UTC ]
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FastPencil Hurts Courier's Earnings in Fiscal 2014

Courier Corp. finished the fiscal year ended September 27, 2014 with a 5% increase in sales, to $283.3 million, although net income fell to $7.8 million from $11.2 million in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
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Young People's Literature at the 2014 National Book Awards: A Photo Essay

On November 19, five children's and YA authors headed to Cipriani Wall Street for the 65th National Book Awards. Our photographer caught up with the authors (and their editors) who were nominated in the Young People's Literature category, and also captured the winner. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
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Authors on the Air November 20, 2014: Jessye Norman

Jessye Norman, author of 'Stand Up Straight and Sing' (HMH, 9780544003408) will appear on 'The Late Show with David Letterman' on Thursday, November 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
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Nosy Crow creates in-house sales and marketing department

Nosy Crow is to create a new in-house sales and marketing department, appointing Catherine Stokes as head of sales and marketing. Since 2011 Nosy Crow has outsourced its selling to Bounce Sales and Marketing, but from the beginning of 2015, the children’s publisher will create an in-house sales... Continue reading at The Bookseller

[ The Bookseller | 2014-11-19 00:00:00 UTC ]
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Wimpy Kid becomes fastest seller of 2014

Jeff Kinney's The Long Haul (Puffin) has retained its spot on the UK Official Top 50 for the second straight week by posting the best weekly sale of 2014, and in the process becoming the fastest selling book of the year. Continue reading at The Bookseller

[ The Bookseller | 2014-11-19 00:00:00 UTC ]
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Bouchercon 2014: Murder on the Beach

The 45th annual Bouchercon World Mystery Convention, an event for crime fiction fans and authors, washed up on the shores of Long Beach, Calif., drawing more than 1,600 people. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-19 00:00:00 UTC ]
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2014 National Book Awards Go to Woodson, Glück, Osnos, Klay

The 2014 National Book Awards were presented Wednesday evening at a ceremony at Cipriani Wall Street in Lower Manhattan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-19 00:00:00 UTC ]
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Bouchercon 2014: Lots of Awards

At Bouchercon 2014, held November 14-17, the usual number of award ceremonies took place, including the presentation of both the Macavity and Barry Awards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-19 00:00:00 UTC ]
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Educational Writers Awards 2014 shortlist revealed

Four “outstanding examples of non-fiction books” make up the shortlist for the 2014 Educational Writers’ Award. The award, run by the Authors Licensing and Collecting Society (ALCS) and the Society of Authors (SoA), celebrates educational writing that “inspires creativity and encourages... Continue reading at The Bookseller

[ The Bookseller | 2014-11-19 00:00:00 UTC ]
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UK’s FutureBook Conference 2014: The Penguin Random House Show!

The Bookseller's Futurebook conference found the UK publishing industry focused on issues of marketing, ebook subscriptions and direct sales, among others. The post UK’s FutureBook Conference 2014: The Penguin Random House Show! appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-18 00:00:00 UTC ]
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Time Inc. Locks in Outbrain's Headline Recommendations in $100 Million Deal

Time Inc., the nation's largest magazine publisher, has struck a deal making Outbrain the exclusive external provider of recommended stories for Time Inc.'s websites, including Time.com and People.com. Until now, Time Inc. had worked with a mix of the companies whose ubiquitous... Continue reading at Advertising Age

[ Advertising Age | 2014-11-18 00:00:00 UTC ]
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Hanley Wood Sells Exhibitions Business for $375 Million

  Hanley Wood has agreed to sell its exhibition businesses to Informa, a U.K.-based publishing and events company, for $375 million. The sale is expected to close by the end of 2014. Continue reading at Folio Magazine

[ Folio Magazine | 2014-11-18 00:00:00 UTC ]
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