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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Revenue at Scholastic hit $283.8 million in the first quarter ended Aug. 31, 2014. This figure is up 3% over the same period a year ago. The net loss increased to $34.1 million from $29.9 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-25 00:00:00 UTC ]
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Name change for Logos; new TV program features Kregel author; Chalice forges partnership with ministry organization. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-24 00:00:00 UTC ]
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The Perseus Books Group is integrating its London and New York sales teams, placing them under the control of someone who will take over the newly created role of v-p of international sales and marketing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
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“Terrific” is a word that came up frequently when booksellers commented on the NAIBA conference held last weekend (Sept. 19-21) at the Hyatt Regency Crystal City in Arlington, Va. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
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A dying woman writes a book about life's end; a psychotherapist explores the untapped power of the will. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
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Millennial Media has acquired mobile ad exchange Nexage for $107.5 million in cash and stock to boost its programmatic offerings. Under the deal, Nexage’s real-time bidding tools and mobile Web and app inventory across publishers will be used to build out Millennial’s automated media buying and... Continue reading at AdWeek
[ AdWeek | 2014-09-23 00:00:00 UTC ]
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Charles M. Blow, author of 'Fire Shut Up In My Bones' (Houghton Mifflin Harcourt, 9780544228047) will appear on 'The Last Word with Lawrence O’Donnell' on Tuesday, September 23. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
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The keynote address, a conversation between Franklin Foer and Andrew Keen, looked at how the mega-retailer has changed the dynamics by turing "the citizen" into "the consumer," and trying to position booksellers as "dinosaurs." Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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Held this past weekend at the Sheraton hotel in downtown Norfolk, Va., SIBA 2014 drew more than 500 booksellers, authors, vendors, exhibitors, and attendees eager to embrace this year’s theme and “fall in love.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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At a Saturday lunch at SIBA's regional fall show, HBG USA CEO Michael Pietsch and bestselling author James Patterson touched lightly on the ongoing negotiations with Amazon and both men thanked indie booksellers for their support. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-20 00:00:00 UTC ]
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John Green and Veronica Roth have ruled the U.S. bestseller list for most of 2014, and the two authors have also dominated the Canadian juvenile list for the year to date. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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Book sales fell 1.6% in May, to $1.09 billion, compared to the same month last year. However, sales rose 2.3%, to $4.29 billion, for the first five months of the year, as compared to same period in 2013, according to the AAP’s monthly StatShot program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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Annabelle Gurwitch, author of 'I See You Made an Effort: Compliments, Indignities, and Survival Stories from the Edge of 50' (Blue Rider, 9780399166181), will appear on the 'Queen Latifah Show' on Friday, September 19. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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This week, the definitive Tennessee Williams biography, how Aristotle invented science, and Lauren Oliver's creepy ghost story. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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Works that were nominated include 'The Innovators' by Walter Isaacson and 'Can't We Talk About Something More Pleasant?' by Roz Chast for the nonfiction prize as well as 'All the Light We Cannot See' by Anthony Doerr and 'Station Eleven' by Emily St. John Mandel for the fiction award. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-09-19 00:00:00 UTC ]
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Johnson steps down as Red Wheel/Weiser publisher and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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Here’s a sampling of books that publishers in Canada are excited about this fall. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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It’s been a long time coming, but a made-in-Canada idea for bringing ebooks into bricks-and-mortar stores may have just arrived in the big league. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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Growth of 3.9% in net revenue for the overall trade publishing sector in the US for the first... Continue reading at The Bookseller
[ The Bookseller | 2014-09-19 00:00:00 UTC ]
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Some of the highlights from this season are books that come at their subjects from fresh, unusual, or downright quirky angles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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