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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Chromebook on the rise, with sales set to triple by 2017

Google's Chromebook is on the up and up, according to the latest report published by analyst firm Gartner. This year, Gartner estimates that total Chromebook sales will hit 5.2 million, which is up 79 percent from 2013. Looking further out to 2017, the number of units sold should reach 14.4... Continue reading at Betanews

[ Betanews | 2014-08-13 00:00:00 UTC ]
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Authors on the Air August 13, 2014: Marybeth Hicks

Marybeth Hicks, author of 'Teachable Moments' (Howard Books, 9781476757438), will appear on Fox News Channel’s 'Hannity' on Wednesday, August 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-13 00:00:00 UTC ]
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Company magazine to go digital-only amid falling sales

Hearst says October edition will be final print issue, adding that it was too soon to say whether jobs would be affectedCompany magazine, the monthly Hearst UK glossy aimed at younger women, will cease print publication after 36 years in September and go online-only.Hearst announced on Wednesday... Continue reading at The Guardian

[ The Guardian | 2014-08-13 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, August 13, 2014

A signing with singing; astronomer/priest honored with Carl Sagan Medal; romance writers recognize winners; a book tour in Amish country; Christian fiction conference coming up. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-13 00:00:00 UTC ]
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Quarto Results Off in First Half of 2014

Revenue at U.K.-based illustrated book publisher Quarto Group fell 3% in the first half of 2014, falling to $65.6 million. Operating profit dipped to $2.8 million from $3.0 million in the first six months of 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-12 00:00:00 UTC ]
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BuzzFeed Expands Thanks to $50M Investment

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... Continue reading at AdWeek

[ AdWeek | 2014-08-12 00:00:00 UTC ]
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The 2014 Magazine Manufacturing and Production Technology Survey

Last year's manufacturing and production survey signaled a major turn-around in new technology investment after a four-year decline from 2008 to 2011. According to FOLIO:'s 2014 manufacturing and production technology survey, investment is still on the rise- spiking another 32 percent from... Continue reading at Folio Magazine

[ Folio Magazine | 2014-08-12 00:00:00 UTC ]
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Religion Books of Note: August 2014

Significant August releases include the newest from popular women's author Lysa TerKeurst; also, Amish romance novelist Wanda Brunstetter sends newlyweds Emma and Lamar Miller to Florida for the winter and another unlikely quilting class. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-11 00:00:00 UTC ]
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Reviews of New and Forthcoming Religion and Spirituality Books, August 13, 2014

Molly Phinney Baskette tells the story of her congregation's revival; the message of Jesus has been diluted, argues Benjamin L. Corey. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-11 00:00:00 UTC ]
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Russian Book Sales Plummet in Ukraine, Imports to Be Cut

Sales of Russian books in the Ukraine have plummeted in 2014 and the Ukrainian government is looking at passing legislation to curtail imports further. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-08-11 00:00:00 UTC ]
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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... Continue reading at The Guardian

[ The Guardian | 2014-08-11 00:00:00 UTC ]
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Bookselling Roundup, Week Ending August 8, 2014

In a week marked by transitions, one new store opened, Green Apple on the Park in San Francisco and new stores are slated for Nola and Philly. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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Fall Regionals 2014: A Time for Discovery

Over the past few years, some regional booksellers associations have moved away from holding fall trade shows in favor of onferences or forums to reflect a greater emphasis on authors and education. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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News Briefs: Week of August 11, 2014

Court grants preliminary approval to Apple settlement and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, August 3, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended August 3, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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Children's Authors at the Fall 2014 Regionals

Here is a sampling of some of the many authors who will be at this season’s eight regionals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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How Four Magazines Increased Their Newsstand Sales

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[ Advertising Age | 2014-08-08 00:00:00 UTC ]
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Harper 2014 Earnings Jump 5%; S&S Second Quarter Up 12%

According to two different reports, HarperCollins finished a strong fiscal 2014, which ended June 30, with revenue of $1.4 billion, up 5% over last year, while Simon & Schuster reported second-quarter revenues of $211 million, a 12% increase over the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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