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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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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Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: BuzzFeed, the for-profit, venture... Continue reading at Advertising Age
[ Advertising Age | 2018-08-28 00:00:00 UTC ]
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The news publisher is testing a membership program that will let readers contribute $5 to $100 to support its journalism. The post BuzzFeed News quietly tests a membership program appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-28 00:00:00 UTC ]
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Joe Girard sold 1,425 vehicles in 1973. Ali Reda says he sold 1,582 last year.But Girard will not lose his title as the world's best car salesman, because Guinness World Records has decided to retire the category rather than settle what has turned into an ugly dispute between Girard, now 89, and... Continue reading at Advertising Age
[ Advertising Age | 2018-08-28 00:00:00 UTC ]
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There are many points of difference between China’s books market and that of the UK and US, but one of the starkest is digital growth. Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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Madeleine Ovenden, previously of Michael O’Mara, has been appointed head of UK sales for Laurence King Publishing (LKP). Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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Wales and the West is emerging as the area with the fastest-growing book sales of 2018 so far, according to fresh statistics from Nielsen BookScan. Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Adweek recently caught up with BuzzFeed CEO Jonah Peretti and chief revenue officer Lee Brown about the state of the digital publisher, the challenges of a changing industry and where they see the company in the years ahead. We also chatted with them about the evolution of Tasty in the three... Continue reading at AdWeek
[ AdWeek | 2018-08-21 00:00:00 UTC ]
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Is New York magazine for sale? A spokeswoman for New York Media has confirmed that the Wasserstein family is considering "investment interest and strategic opportunities" and "evaluating the market" following reports that New York magazine and its digital offshoots are up for sale. Bruce... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-15 00:00:00 UTC ]
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A 5.3% increase in June bookstore sales over June 2017 was not quite enough to offset a soft start to the year and bookstore sales finished the first half of 2018 with sales down 1.0% compared to a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-15 00:00:00 UTC ]
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More than 2 million votes have been cast in the search to find America's Most Loved Novel, a fan competition organized as part of PBS' documentary series, 'The Great American Read.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-14 00:00:00 UTC ]
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‘The share of income from rights has steadily increased from 72 percent in 2013 to 80 percent in 2016,’ says the UK’s Publishers Association, in a report released this summer. By Porter Anderson, Editor-in-Chief | @Porter_Anderson In Five Years: A 90 Percent Rise in Rights Income hen Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-14 00:00:00 UTC ]
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Unit sales of print books were relatively flat in the week ended Aug. 5, 2018, compared to the similar week in 2017, falling 0.2% at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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For all the excitement, tourism, and politically tinged analysis that FIFA's 21st World Cup brought to Moscow, the books market seems to have come out cheering, too, with international visitors said to be asking for Russian reads. The post Reports Indicate the World Cup Boosted Book Sales for... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-08 00:00:00 UTC ]
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Facebook announced Thursday that it is pumping another $4.5 million into Facebook Journalism Project initiatives for news publishers. Global head of news Campbell Brown said in a blog post that Facebook will put $3.5 million toward the Facebook Membership Accelerator pilot program and contribute... Continue reading at AdWeek
[ AdWeek | 2018-08-02 00:00:00 UTC ]
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The New York Times is out with a grim scoop from medialand this afternoon in a post headlined "Facing Losses, Cond Nast Plans to Put 3 Magazines Up for Sale." Oddly enough, you have to dive pretty deep into the story by Edmund Lee and Sapna Maheshwari to find out which three mags. So we... Continue reading at Advertising Age
[ Advertising Age | 2018-08-02 00:00:00 UTC ]
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With sales of backlist and frontlist titles down, as well as a drop in ebook sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
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Sales of English-language print books in Canada, for the first six months of 2018, were down 1% compared with the same period last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
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Cambridge University Press saw turnover of £316m in the year to 30th April 2018, a headline rise of 3.1% on the previous year's total of £306m. Continue reading at The Bookseller
[ The Bookseller | 2018-08-01 00:00:00 UTC ]
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