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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Sainsbury's grows own brand book sales by 33%

Sainsbury’s has grown pre-tax profit by 2.5% in its half-year results as the retailer said... Continue reading at The Bookseller

[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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Group sales down at WHS

Group sales at W H Smith were down 4% like-for-like in the first 10 weeks of its new financial... Continue reading at The Bookseller

[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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Scholastic To Donate One Million Books for Superstorm Recovery

Scholastic is donating a million books and offering free online resources to those children and teachers affected by Superstorm Sandy. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-13 00:00:00 UTC ]
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Nate Silver's book sales skyrocket post-election

Sales of political statistician Nate Silver's book 'The Signal and the Noise' saw a surge of 850 percent – lifting it to No. 2 on Amazon – after Silver correctly predicted the 2012 election results. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-11-09 00:00:00 UTC ]
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Federated Media Shutters Its Direct Sales Business

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[ AdWeek | 2012-11-09 00:00:00 UTC ]
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Sandy sends NYC sales to an all-time low

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[ The Bookseller | 2012-11-08 00:00:00 UTC ]
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Pearson denies FT sale

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[ The Bookseller | 2012-11-07 00:00:00 UTC ]
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Nook goes on sale in UK

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[ The Bookseller | 2012-10-29 00:00:00 UTC ]
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PSA: Nook Simple Touch and Simple Touch with Glowlight go on sale in the UK

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[ Engadget | 2012-10-29 00:00:00 UTC ]
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A Solid Six Months for Trade Sales

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[ Publishers Weekly | 2012-10-19 00:00:00 UTC ]
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Super Thursday celebs boost HB sector, but PB sales slump

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[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Amazon tells Kindle customers to expect buying credit, thanks to ebook price-fixing settlement

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[ Betanews | 2012-10-14 00:00:00 UTC ]
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Amazon: breaking even on popular Kindle sales

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[ The Christian Science Monitor | 2012-10-13 00:00:00 UTC ]
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Erotica sales surge, but markets continue to fall

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[ The Bookseller | 2012-10-12 00:00:00 UTC ]
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Printed book sales pass £1bn mark

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[ The Bookseller | 2012-10-12 00:00:00 UTC ]
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Sharethrough Grabs $5 Million in Funding for Native Ad Push

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[ AdWeek | 2012-10-11 00:00:00 UTC ]
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