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 ]
News tagged with: #online publisher #$60 million #web traffic #$40 million #growing faster

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For Sale or in Flux, a Big Year Looms for Business Magazines

With Forbes for sale, Fortune's website divorcing from CNNMoney.com and Bloomberg Businessweek getting assessed as part of a companywide strategic review at Bloomberg, the year ahead could see a dramatic shift for top business magazines.The category offers a glimpse into the publishing world at... Continue reading at Advertising Age

[ Advertising Age | 2014-01-04 00:00:00 UTC ]
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'Duck Dynasty' star Phil Robertson's book sales spike following controversy

Phil Robertson was temporarily removed from 'Duck Dynasty' after he made controversial comments in an interview.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-04 00:00:00 UTC ]
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Sales of Print Units Slipped in 2013

Sales of print books through outlets that report to Nielsen BookScan’s retail & club channel fell 2.5%, to 501.6 million units, in 2013, compared to 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-03 00:00:00 UTC ]
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Printed book sales fall almost £100m in 2013

The value of the printed book market fell by £98m in 2013, Nielsen BookScan data reveals.... Continue reading at The Bookseller

[ The Bookseller | 2014-01-03 00:00:00 UTC ]
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News Briefs: Week of January 6, 2014

Authors Guild Appeals Google Decision and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-03 00:00:00 UTC ]
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"Sales decline" hits DC Thomson performance

Publisher DC Thomson has reported a decline in profits, blamed mainly on losses in its book... Continue reading at The Bookseller

[ The Bookseller | 2014-01-02 00:00:00 UTC ]
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Richard Desmond appoints Barclays to explore sale of Channel 5

Process at a very early stage and follows owner taking soundings from television rivals including ITVRichard Desmond has appointed Barclays to advise on a possible sale of Channel 5, after turning the loss making Big Brother broadcaster into a profitable operation.The process is understood to be... Continue reading at The Guardian

[ The Guardian | 2014-01-02 00:00:00 UTC ]
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How I love that first new book of 2014!

For some people, the new year arrives when the ball drops in Times Square. But for this devoted book lover, it's not 2014 till that first copyright page says so. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-02 00:00:00 UTC ]
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Controversy Doesn't Slow 'Happy' Sales

Sales of the Duck Dynasty star's book, Happy, Happy, Happy, saw an 86% increase between the weeks ended December 15 and December 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-30 00:00:00 UTC ]
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'Shelf-help' books set to fill publishers' coffers in 2014

New 'intellectually credible' self-improvement books set to outsell celebrity biographies in 2014Sir Alex Ferguson may have the coveted Christmas number one spot with the record-breaking sales of his memoir, My Autobiography. But not even celebrity memoirs are likely to match the publishing... Continue reading at The Guardian

[ The Guardian | 2013-12-29 00:00:00 UTC ]
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Sale of 11 Chapitre bookshops approved

  The Paris Commercial Court has approved the purchase of 11 of the 52 bookshops in the... Continue reading at The Bookseller

[ The Bookseller | 2013-12-27 00:00:00 UTC ]
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See You in 2014

Today is the last regularly-scheduled issue of PW Daily for 2013. We will, of course, send special issues if events warrant. Readers can check the publishersweekly.com Web site for news items and industry updates. We will be back on our regular daily schedule January 2. Happy holidays to all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-23 00:00:00 UTC ]
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Digital Census shows sales still growing

The Bookseller's Digital Census, the annual tracker of how the book business is managing the... Continue reading at The Bookseller

[ The Bookseller | 2013-12-20 00:00:00 UTC ]
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6 Media Tech Predictions for 2014

From big data to responsive design to the next iOS, technology has become inextricably linked to publishing. No one has a perfect model for it yet though. In many cases, content has raced ahead of monetization. In other instances, it's reversed. Neither side is stopping to wait for the other to... Continue reading at Folio Magazine

[ Folio Magazine | 2013-12-20 00:00:00 UTC ]
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Scholastic Sales Rise, Charges Curb Earnings

Revenue at Scholastic rose 1.5% in the second quarter ended November 30, to $623.2 million, and net income declined to $58.3 million from $61.8 million in the second quarter of fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-19 00:00:00 UTC ]
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Can a Fixed Book Price Law Stem Poland’s Sales Slump?

Amid a general book market decline, the Polish Chamber of Books (PIK) has drafted a bill which is set to introduce fixed prices for new book releases for 18 months after publication. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-18 00:00:00 UTC ]
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Nostalgia Drives Polish Children’s Book Sales Boom

A revival in classic illustrated books is helping Poland's children's book market boom, says Katarzyna Domańska of publisher Dwie Siostry. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-18 00:00:00 UTC ]
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PA Group sale of MeteoGroup provides cash bonus for DMGT and Trinity

Daily Mail and Daily Mirror parent companies to get share of weather information business's €190m sale to General AtlanticThe owners of the Daily Mail and Daily Mirror are among a group of publishers sharing a pre-Christmas windfall of £50m, thanks to PA Group's €190m (£126m) sale of its weather... Continue reading at The Guardian

[ The Guardian | 2013-12-16 00:00:00 UTC ]
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October Bookstore Sales Dip

Bookstore sales slipped 1% in October, to $799 million, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-13 00:00:00 UTC ]
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After massive layoffs, Martha Stewart names a new ad sales chief

After swinging the ax on about 75 employees Thursday — several of them top executives in the advertising group — Martha Stewart Living Omnimedia has promoted Amy Wilkins to head of advertising, sales and marketing, the company said Friday.Ms. Wilkins, the publisher of Martha Stewart Weddings,... Continue reading at Crains New York

[ Crains New York | 2013-12-13 00:00:00 UTC ]
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