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

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Most Investors Don’t Want to Touch Media Anymore. But Axios is Going to Raise Another $20 Million.

A few years ago, investors were eager to throw money at digital media startups. Not anymore. But there are some Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-12-16 15:51:10 UTC ]
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October Bookstore Sales Fell 1.7%

According to preliminary estimates from the U.S. Census Bureau, bookstore sales dropped 1.7% in October compared to 2018 and were down 5.6% for the first 10 months of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-13 05:00:00 UTC ]
More news stories like this | News stories tagged with: #preliminary estimates #census bureau #october compared #bookstore sales


How does the Nobel Prize affect book sales? (And what if there’s controversy?)

In the publishing world, it seems like winning the Nobel Prize just isn’t what it used to be. A Deutsche Welle interview with Lucien Leitess, director of the Swiss publishing house Unionsverlag, explored the business of predicting a Nobel laureate’s commercial success. The controversy... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-11 19:54:24 UTC ]
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Q2 Sales, Earnings Up at Wiley

Helped by acquisitions, revenue at John Wiley rose 4% in the second quarter of fiscal 2020 and net income increased 2.1%. The company's academic and professional learning division was a soft spot, with revenue falling 6%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-04 05:00:00 UTC ]
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Amazon Reports Record Early Holiday Sales

Led by such categories and toys and fashion, Amazon had record sales between Thanksgiving and Cyber Monday. One book managed to make it onto the company's top-selling items over the period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-03 05:00:00 UTC ]
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Educational Publishers File Suit to Block Sale of Pirated E-books

The country's largest educational publishers have filed a lawsuit seeking to stop pirate sites from illegally selling their e-books and have won a temporary restraining order. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-26 05:00:00 UTC ]
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Traditional publishers missing out on romance and sci-fi sales

Publishers are missing out on audiobook listeners who want sci-fi and romance titles, statistics on sales show. Continue reading at The Bookseller

[ The Bookseller | 2019-11-25 14:46:44 UTC ]
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Scribd Gets $58 Million in New Financing

Scribd said the new investment will be used to support growth and product innovation as well as enhance operations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-25 05:00:00 UTC ]
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A new book for those who don’t want millions, but an answer to their questions

A.C. Grayling’s “The History of Philosophy” delves into the thinkers who explored who we are and what it all means. Continue reading at The Washington Post

[ The Washington Post | 2019-11-20 18:01:32 UTC ]
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Triggered, Donald Trump Jr's #1 bestseller, under fire for inflating sales

New polemic against ‘leftwing hate’ has topped US book chart, but there are indications its success was fed by bulk purchasesMore than 30 years ago, Donald Trump is reported to have ordered key staff to buy thousands of copies of The Art of the Deal to make it seem more popular than it was. Now... Continue reading at The Guardian

[ The Guardian | 2019-11-15 13:40:22 UTC ]
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Print Units Post Solid Sales Gain in Early November

With both juvenile categories posting double-digit increases and a strong gain in adult nonfiction, unit sales of print books rose 5.9% in the week ended Nov. 9, 2019, over the comparable week in 2018 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-15 05:00:00 UTC ]
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September Bookstore Sales Fell 2.3%

With bookstore sales declining 2.3% in September compared to a year ago, sales for the first nine months of 2019 were down 5.6% compared to the same months in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-15 05:00:00 UTC ]
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Charlotte's Web tops children's book sales in China

The bestselling children's book in China this year is still Charlotte's Web, as consumers continue to buy old favourites and the number of new titles is expected to fall. Continue reading at The Bookseller

[ The Bookseller | 2019-11-14 20:36:16 UTC ]
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S&S Squeezes Out a Q3 Profit Despite Sales Decline

Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
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Sharjah International Book Fair Draws a Record-Breaking 2.52 Million Visitors

While reporting big attendance numbers, the Sharjah Book Fair this year is most memorable for events affirming its deepening world publishing relationships. The post Sharjah International Book Fair Draws a Record-Breaking 2.52 Million Visitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-11 08:13:34 UTC ]
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This mesmerizing 3D map visualizes millions of scientific studies

The dense, interconnected network charts decades of collaboration and research. Nature, the multidisciplinary scientific journal founded in London in 1869, celebrates its 150th anniversary this week. Known for its innovative approach to publishing original research across all sorts of scientific... Continue reading at Fast Company

[ Fast Company | 2019-11-11 08:00:45 UTC ]
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Earnings, Sales, Drop in Q1 at HarperCollins

Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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Weekly E-Ranking: Sales fire Connelly to the top spot

Michael Connelly’s The Night Fire has blazed into the Weekly E-Book Ranking number one spot, knocking Adam Kay’s Twas the Nightshift Before Christmas from the top after just one week. Continue reading at The Bookseller

[ The Bookseller | 2019-11-07 23:47:55 UTC ]
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Jeter’s Players’ Tribune discusses sale to Minute Media

Digital media company Minute Media is in talks to buy the Players’ Tribune, a website started by former baseball star Derek Jeter, according to people familiar with the matter. While the companies... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-11-07 10:57:10 UTC ]
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