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 #top ranks #$40 million #growing faster

Other Publishing stories related to: 'BuzzFeed Said to Expect 2014 Sales of Up to $120 Million'

Beauty, at what price? ‘If I Had Your Face’ explores women’s lives amid unnatural expectations.

Set in contemporary South Korea, Frances Cha’s new novel is an astute tale of four resilient women. Continue reading at The Washington Post

[ The Washington Post | 2020-04-21 14:13:00 UTC ]
More news stories like this | News stories tagged with: #frances cha

US print sales stay stable amid lockdowns

Physical books sales in the United States are holding up in the wake of the coronavirus pandemic, with NPD BookScan reporting that 166.9 million units had been sold in 2020 through the week ending 11th April, just a 1.3% decline on the same period in 2019. Continue reading at The Bookseller

[ The Bookseller | 2020-04-20 18:30:17 UTC ]
More news stories like this | News stories tagged with: #coronavirus pandemic #3% decline #bookscan #print sales

Print Unit Sales Up 2.9% in Early April

Strong gains in the juvenile categories offset weakness in the adult categories in the week ended Apr. 11, 2020, resulting in a 2.9% increase in print unit sales over the comparable week in 2019 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #early april #strong gains #9% increase

Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
More news stories like this | News stories tagged with: #cut costs #bloomsbury

Informa expects £1bn from oversubscribed share offer

Taylor & Francis owner Informa says it expects to raise £1bn through its emergency share offer, adding that its placement yesterday (16th April) was oversubscribed within two hours. Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 00:30:53 UTC ]
More news stories like this |

Print Unit Sales Had Double-Digit Gain Last Week

Print unit sales rose 13.7% in the week ended April 11 over the week ended April 4 at outlets that report to NPD BookScan. Sales benefited from the release of 'Magnolia Table, Volume 2' by Joanna Gaines, which sold more than 130,000 copies last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-16 04:00:00 UTC ]
More news stories like this | News stories tagged with: #double-digit gain #magnolia table #joanna gaines

Holly Jackson | 'I did not expect it to blow up like this at all'

Holly Jackson's lauded true-crime inspired début has captivated readers on both sides of the Atlantic  Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 14:07:52 UTC ]
More news stories like this | News stories tagged with: #holly jackson

February Bookstore Sales Had Slight Gain

Bookstore sales ended a long monthly losing streak by posting a 0.8% sales increase in February over February 2019, but numbers are certain to fall again in March, when the impact of the new coronavirus on sales is reflected. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore sales

NEA Offering $75 Million to Nonprofits to Save Jobs

The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #national endowment #$75 million

Industry Sales Rose in January

Sales from publishers who report data to the AAP's StatShot program rose 3.7% in January over January 2019. The impact of the new coronavirus on sales will be reflected in March results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #report data

Pan Mac announces pay reductions and distribution staff furloughed as sales drop over Covid-19

Higher paid staff at Pan Macmillan have been asked to volunteer for a pay reduction and employees at its distribution arm will be furloughed as the publisher unveiled measures to help “safeguard” its business during the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 10:15:37 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #sales drop #distribution arm #pan macmillan

Print Unit Sales Dropped 13.5% in Mid-March

Steep drops in both adult segments led to a 13.5% decline in print unit sales in the week ended Mar. 28, 2020, compared to the similar week in 2019, at outlets the report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #5% decline

James Patterson Leads Group Seeking to Raise Millions for Bookstores

Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club #american booksellers association #book industry

UK national newspaper sales plummet under Covid-19 lockdown

Fears for jobs as print sales drop by as much as 30% after thousands of newsagents closeCoronavirus – latest updates See all our coronavirus coverageNational print newspaper sales have fallen by as much as 30% since the start of the government-ordered coronavirus lockdown, according to industry... Continue reading at The Guardian

[ The Guardian | 2020-03-27 14:04:29 UTC ]
More news stories like this | News stories tagged with: #covid-19 lockdown #latest updates #local newspapers #print sales

Coronavirus Aid Package Includes Millions for Libraries, Schools, and the Arts

The package includes $50 million for the Institute of Museum and Library Services (IMLS) for digital inclusion projects, and a hefty $30.8 billion in relief for schools and colleges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
More news stories like this |

Print Unit Sales Fell 5% in Mid-March

Unit sales of print books fell 5% in the week ended Mar. 21, 2020, compared to the similar week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
More news stories like this |

Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #record year #coronavirus means #penguin random house

Sales soar 2,000% for Little Princess picture book on handwashing

Parents keen to encourage children into good hygiene practices during the coronavirus outbreak turn to Tony Ross’s anarchic creation for helpParents desperate to persuade their children to keep washing their hands have been turning to Tony Ross’s anarchic creation the Little Princess for help,... Continue reading at The Guardian

[ The Guardian | 2020-03-23 12:31:25 UTC ]
More news stories like this | News stories tagged with: #encourage children #tony ross #coronavirus outbreak #children’s book #picture book

Print Unit Sales Down 5.7% in Mid-March

A large decline in the adult nonfiction segment dropped sales of print units 5.7% in the week ended Mar. 14, 2020, compared to the similar week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-20 04:00:00 UTC ]
More news stories like this |

Bloomsbury says 2020 performance 'in line with expectations'

Bloomsbury has released a pre-close trading update for the 12 months to 29th February 2020, saying its performance was in line with expectations. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 06:31:01 UTC ]
More news stories like this | News stories tagged with: #bloomsbury