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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Together with Bookwire, CB, and the International Publishing Distribution Association, Rüdiger Wischenbart has created a new 'European Ebook Barometer' to track digital activity in four key markets. The post A New ‘Barometer’ Checks Sales Conditions in Germany, Italy, the Netherlands, and Spain... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-03 00:00:00 UTC ]
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Nearly 50 million Facebook accounts have been affected by a security breach that enabled hackers to take over users’ accounts, the social media giant announced Friday. The new breach comes as Facebook strives to convince its more than 2 billion users that it can be trusted. It is grappling with... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-29 00:00:00 UTC ]
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With fiction sales falling in both the adult and juvenile segments, total sales of print units slipped 1% in the week ended Sept. 23, 2018, compared to the similar week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
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Once dependent on Facebook, the publisher is broadening the ways it distributes its news and makes money. The post BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’ appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-09-27 00:00:00 UTC ]
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Unit sales of print books rose 2% in the week ended Sept. 16, 2018, over the comparable week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-21 00:00:00 UTC ]
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Kuala Lumpur is the 2020 World Book capital; more political books in the US released and compete with growing sales of Woodward's 'Fear'; and PRH has a new CFO. The post Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-21 00:00:00 UTC ]
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Japanese author Haruki Murakami has said said he doesn't want to be considered for the New Academy Prize, a Swedish literary award established as an alternative to the Nobel Prize for literature. Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-18 00:00:00 UTC ]
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Literary agent Stephanie Barrouillet looks at trending themes in global children's books markets, like diversity, emotional growth, and current events. The post Stephanie Barrouillet on Trends in International Children’s Books and Rights Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-18 00:00:00 UTC ]
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After months of searching, Meredith Corporation has finally found a proper suitor for Time magazine. On Sunday, September 16, the company announced it has sold the legacy brand it acquired in January this year for $190 million in cash to Marc and Lynne Benioff. Marc Benioff is the founder,... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-17 00:00:00 UTC ]
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Pulitzer Prize–winning journalist Bob Woodward's examination of the Trump administration, Fear, is the #1 ebook in Apple's iBooks store on the strength of pre-orders. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-12 00:00:00 UTC ]
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The 2018 sales decline was mainly due to a 13.6% drop in sales in the K-12 instructional materials segment. The two main consumer categories had gains with adult book sales up 4.2% and children’s/young adult sales inching up 0.3% over the first half of 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
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Days before it goes on sale, Bob Woodward's new book from Simon & Schuster tops retail listings, buoyed by an op-ed from inside an embattled Trump White House, and making robust foreign rights sales. The post Simon & Schuster’s Woodward Book on Trump Racks Up Rights Sales Ahead of Its... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-06 00:00:00 UTC ]
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Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Barnes & Noble Inc. began its new fiscal year with disappointing results as the turnaround promised by its recently ousted chief proves elusive. Same-store sales at the book and gift seller slipped... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2018-09-06 00:00:00 UTC ]
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In a memo to employees, Simon & Schuster senior v-p of sales Gary Urda outlined a new structure for the sales division that he said “will add a number of new positions to our selling efforts and leave us better positioned to accomplish our ambitious goals.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-05 00:00:00 UTC ]
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The Beijing International Book Fair organizers cite robust rights sales at this year's fair, claiming that sales of Chinese translation rights sold abroad have increased. The post Beijing International Book Fair Reports Gains in Rights Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-04 00:00:00 UTC ]
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Penguin Random House (PRH) has recorded a decline in sales and earnings for the first six months of 2018, owing to exchange rate effects, according to Bertelsmann's first-half operating results. Continue reading at The Bookseller
[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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The author, filmmaker, and restaurateur Zhang Jiajia climbs the charts by cross-platforming his own works, while summertime reading lists for students bolster the classics. The post China Bestsellers for July: Entrepreneurism and School Reading Lists Boost Sales appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-31 00:00:00 UTC ]
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W H Smith has said it expects it’s annual results to be "in line with expectations" when they are released in October. Continue reading at The Bookseller
[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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