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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International Hot Book Properties: Week of October 27, 2014

In this week's roundup of books generating interest around the globe, we look at the latest novel by Icelandic author Sjon, which won Best Icelandic Novel of the Year in 2013; a debut from a Swedish criminologist; the German bestseller by Robert Seethaler, 'A Lifetime;' and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-27 00:00:00 UTC ]
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Authors on the Air October 27, 2014: Tanya Holland

Tanya Holland, author of 'Brown Sugar Kitchen' (Chronicle Books, 9781452122342), will appear on NBC's 'Today' on Tuesday, October 28. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-27 00:00:00 UTC ]
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Sales 'level' for Pearson at nine-month point

Pearson has reported sales level in underlying terms for the first nine months of 2014, with Penguin Random House performing "well" in the third quarter. Meanwhile chief financial officer Robin Freestone is to stand down after eight years in his role, the company said. Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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PW Picks: Books of the Week, October 27, 2014

This week, Gaiman tackles Hansel and Gretel, plus more locked-room mysteries than you can shake a stick at. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-24 00:00:00 UTC ]
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Authors on the Air October 25, 2014: Mark Mothersbaugh

Mark Mothersbaugh, author of 'Mark Mothersbaugh: Myopia' (Princeton Architectural Press, 9781616892623), will appear on 'Studio 360' on Saturday, October 25. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-24 00:00:00 UTC ]
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Bookselling Roundup, Week Ending October 24, 2014

This week was marked by a particularly happy ending in the Bronx. Barnes & Noble reversed its decision to close its store there, the last brick-and-mortar in the borough, and will stay for at least two more years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-24 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, October 22, 2014

The 2015 International Christian Retail Show has opened booth registration, debuting a new exhibitor platform. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-22 00:00:00 UTC ]
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Reviews of New and Forthcoming Religion and Spirituality Books, October 22, 2014

A starred review for Rob and Kristen Bell's new book on marriage; the best examination to date of Pope Francis, who he is, and what to expect. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
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Amazon and Simon & Schuster reach a deal on internet book sales

Amazon just found a way to put further pressure on Hachette in its ongoing pricing war: strike a deal with another publisher. The online retailer has forged a new agreement with Simon & Schuster that will keep the book giant's digital and physical... Continue reading at Engadget

[ Engadget | 2014-10-21 00:00:00 UTC ]
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BuzzFeed to Join IAB's Advertising Elite

BuzzFeed is being bumped up to the digital advertising adult dinner table. On Monday, the company announced in an internal memo that Eric Harris will become chief business operations officer and also join the Interactive Advertising Bureau (IAB) board later this year. BuzzFeed president Greg... Continue reading at AdWeek

[ AdWeek | 2014-10-21 00:00:00 UTC ]
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Quarto expected to have annual profits of $12.2m

Publisher Quarto Group is aiming for profits of more than $12m this year, chief financial officer (c.f.o.) Mick Mousley said at an analysts’ dinner in London yesterday (15th October). “Normalised profit was $11.4m (£7.1m) last year but market expectations are $12.2m (£7.6m) this year,” he... Continue reading at The Bookseller

[ The Bookseller | 2014-10-17 00:00:00 UTC ]
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PW Picks: Books of the Week, October 20, 2014

This week: the must read "Limonov," the crazy life of William Cushing, and the third of four titles in Stiefvater’s Raven Cycle. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-17 00:00:00 UTC ]
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Book sales 'challenging' at W H Smith

WH Smith has reported a 9% rise in pre-tax profits for the year but said books sales continue to be “challenging”. Continue reading at The Bookseller

[ The Bookseller | 2014-10-17 00:00:00 UTC ]
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Authors on the Air October 16, 2014: Stephen Mansfield

Stephen Mansfield, author of 'The Miracle of the Kurds' (Worthy Publishing, 9781617950797), will appear on 'Hannity' on Thursday, October 16. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-16 00:00:00 UTC ]
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August Bookstore Sales Rose 3.4%

Bookstore sales had their best month of the year in August, with sales up 3.4% over August 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-15 00:00:00 UTC ]
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Print Continues to Outsell Digital During First Half of 2014

New numbers from Nielsen Books & Consumer show that ebook sales were outsold by both hardcovers and paperbacks in the first half of 2014. The post Print Continues to Outsell Digital During First Half of 2014 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-10-15 00:00:00 UTC ]
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The More Things Change, The More They Stay The Same The 2014 Consumer Magazine CEO Survey

It's not a shocker that print ad revenue has fallen while the pile of dimes from digital advertising has been growing. Continue reading at Folio Magazine

[ Folio Magazine | 2014-10-15 00:00:00 UTC ]
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2014 National Book Award Finalists Named

The National Book Foundation revealed the finalists for the 2014 National Book Awards for Fiction, Nonfiction, Poetry, and Young People's Literature. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-15 00:00:00 UTC ]
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Richard Flanagan Wins 2014 Man Booker Prize

Australian writer Richard Flanagan was awarded the 2014 Man Booker Prize for his novel, 'The Narrow Road to the Deep North,' at a ceremony at London's Guildhall on Tuesday evening. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-14 00:00:00 UTC ]
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