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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Jamie helps push sales to 2013 high

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[ The Bookseller | 2013-09-10 00:00:00 UTC ]
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Wiley Has Earnings Dip on Flat Sales

Sales were flat and operating income fell 9% in the first quarter ended July 31, 2013 at John Wiley. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-09 00:00:00 UTC ]
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Profits Rise at RH Despite Sales Decline

Random House parent company Bertelsmann reported this morning that profits at RH rose to 117 million euros from 113 million euros in the first half of 2012 despite a 3.4% sales decline to 915 million euros. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-30 00:00:00 UTC ]
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BuzzFeed's Jon Steinberg Trumpets Shift to Hard News

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[ AdWeek | 2013-08-30 00:00:00 UTC ]
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Sales, Profits Up at Lagardere Publishing

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[ Publishers Weekly | 2013-08-29 00:00:00 UTC ]
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Martini Media Gets $14 Million in New Round of Financing

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[ AdWeek | 2013-08-28 00:00:00 UTC ]
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[ Publishers Weekly | 2013-08-27 00:00:00 UTC ]
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Strong summer for print sales

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[ The Bookseller | 2013-08-22 00:00:00 UTC ]
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B&N Nook sales drop continues

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[ The Bookseller | 2013-08-20 00:00:00 UTC ]
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Sales Rise at HMH, Loss Cut

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[ Publishers Weekly | 2013-08-15 00:00:00 UTC ]
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Haruki Murakami's latest novel to be published in the U.S. in 2014

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[ Los Angeles Times | 2013-08-15 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-08-09 00:00:00 UTC ]
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Quarto Results Hit Expectations

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[ Publishers Weekly | 2013-08-07 00:00:00 UTC ]
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Date set for National Libraries Day 2014

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[ The Bookseller | 2013-08-05 00:00:00 UTC ]
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[ Crains New York | 2013-08-01 00:00:00 UTC ]
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[ Publishers Weekly | 2013-07-31 00:00:00 UTC ]
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[ PC World | 2013-07-31 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-07-31 00:00:00 UTC ]
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Polish Publishers Face Sales Slump, Propose Fixed-Pricing, Fight Piracy

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[ Publishing Perspectives | 2013-07-31 00:00:00 UTC ]
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