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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What’s the Matter with Fiction Sales?

There are various theories why sales dropped 16% between 2013 and 2017. None quite provide a full answer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-26 00:00:00 UTC ]
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Rights Roundup: A Post-Frankfurt Look at a Range of Titles and Rights Sales

From business "agility" to a memoirist's breakthrough–with Beckett and James Joyce in the mix, as well–these are books to consider and watch as we go deeper into the season. The post Rights Roundup: A Post-Frankfurt Look at a Range of Titles and Rights Sales appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-25 00:00:00 UTC ]
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‘Struggling with the right solution to a thorny problem’: In a platform era, magazines struggle to right their ad sales structure

Conde Nast's latest sales reorg points to the fact that legacy media is still wrestling with what the best approach to go to market is as spending moves digital. The post ‘Struggling with the right solution to a thorny problem’: In a platform era, magazines struggle to right their ad sales... Continue reading at Digiday

[ Digiday | 2018-10-25 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Adult Group Drives Sales Gain at Bloomsbury

In the six month period ended August 31, 2018 revenue in Bloomsbury's adult group rose 22% over the comparable period in fiscal 2018, offsetting a 2% decline in sales in the children's division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-23 00:00:00 UTC ]
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A historic Ferrari is going on the auction block. It could sell for $26 million

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[ Los Angeles Times | 2018-10-19 00:00:00 UTC ]
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PRH plans staff sale of 'Becoming' to empower the Advocacy Academy

Viking will be selling copies of Michelle Obama’s upcoming autobiography, Becoming, to PRH UK staff for £5-apiece on publication day to raise money for the Advocacy Academy. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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Russian Market Book Sales Channels: Proponents of Both Online Retail and Off

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[ Publishing Perspectives | 2018-10-19 00:00:00 UTC ]
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Saudi Arabia pays UK firms millions to boost image

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[ The Guardian | 2018-10-19 00:00:00 UTC ]
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Sales of dropped Man Booker longlistees outstrip finalists

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[ The Bookseller | 2018-10-17 00:00:00 UTC ]
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EDC Q2 Profits Jump on Small Sales Gain

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[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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Bookstore Sales Slipped 1.2% in August

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[ Publishers Weekly | 2018-10-15 00:00:00 UTC ]
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'i' newspaper publisher Johnston Press up for sale

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[ BBC News | 2018-10-11 00:00:00 UTC ]
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The Number of Self-Published Titles Cracked 1 Million in 2017

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[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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Zoella hits number one, as sales soar for Super Thursday

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[ The Bookseller | 2018-10-10 00:00:00 UTC ]
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Barnes & Noble considers sale

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[ The Bookseller | 2018-10-06 00:00:00 UTC ]
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[ Publishers Weekly | 2018-10-05 00:00:00 UTC ]
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[ The Bookseller | 2018-10-04 00:00:00 UTC ]
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Record-Breaking Sales and More Rights Deals for Finnish Sports Biography

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[ Publishing Perspectives | 2018-10-04 00:00:00 UTC ]
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B&N Considering a Sale

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[ Publishers Weekly | 2018-10-03 00:00:00 UTC ]
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