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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Unit Sales Bounce Back at End of July

With all four major categories posting increases in the week ended July 22, 2018, unit sales of print books were up 6% from the comparable week last year at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-27 00:00:00 UTC ]
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Publishing Sales Rise 5.5% in First Four Months of 2018

Book publishing revenue increased 5.5% in the January to April period over the same period in 2017, according to figures released by the AAP as part of its StatShot statistics program. The year-to-date gains include a 4.4% sales increase in April over April 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-27 00:00:00 UTC ]
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HBG Posts Gains in Sales and Earnings in First half of 2018

Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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US audio booms by 29% but overall publishing sales dip

American publishers’ total industry sales dipped slightly in 2017, but audio downloads continued to boom, rising by 28.8% year-on-year. Continue reading at The Bookseller

[ The Bookseller | 2018-07-25 00:00:00 UTC ]
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YALC ticket sales soar 11%

Overall ticket sales for this year’s Young Adult Literature Convention (YALC) are up 11% compared to last year, according to the organisers. Continue reading at The Bookseller

[ The Bookseller | 2018-07-25 00:00:00 UTC ]
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Beijing invests millions to keep bookshops open

China is investing £5.7 million in preserving brick and mortar bookshops in Beijing as the country increasingly adopts digital. Continue reading at The Bookseller

[ The Bookseller | 2018-07-24 00:00:00 UTC ]
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Comic Book Publishers, Faced With Flagging Sales, Look to Streaming

Inside the DC Universe Experience at Comic-Con International in San Diego. DC Entertainment used the interactive experience to promote its upcoming streaming service. Continue reading at The New York Times

[ The New York Times | 2018-07-23 00:00:00 UTC ]
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Fiction sales lead Ireland’s domestic market to recovery

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[ The Bookseller | 2018-07-23 00:00:00 UTC ]
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Unit Sales Slump in Mid-July

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[ Publishers Weekly | 2018-07-20 00:00:00 UTC ]
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Book sales boom but authors report shrinking incomes

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[ The Guardian | 2018-07-19 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Bloomsbury's first quarter sales rise 3.7%

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[ The Bookseller | 2018-07-19 00:00:00 UTC ]
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UK-Based Future Acquires Purch for $132.5 Million

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[ Folio Magazine | 2018-07-19 00:00:00 UTC ]
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Russia’s Growing Ebook and Audiobook Sales in First Half of 2018

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[ Publishing Perspectives | 2018-07-18 00:00:00 UTC ]
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Acxiom's LiveRamp inks deal with Sonobi as sale rumors swirl

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[ Advertising Age | 2018-07-17 00:00:00 UTC ]
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HC rushes-out celebration of England's 'Young Lions' as World Cup boosts sales

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[ The Bookseller | 2018-07-13 00:00:00 UTC ]
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Cole Burrows to the top; Oliphant hits half a million

After narrowly missing out on the top spot in the previous week, Martina Cole has returned to the summit, earning her 12th UK Official Top 50 number one—and 17th Mass Market Fiction pole position—since Nielsen BookScan records began. Continue reading at The Bookseller

[ The Bookseller | 2018-07-11 00:00:00 UTC ]
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Sells to succeed Christie as DK sales director

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[ The Bookseller | 2018-07-10 00:00:00 UTC ]
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XXXTentacion signed a $10-million record deal weeks before death, report says

Michael Ondaatje speaks Sunday after winning the Golden Man Booker Prize for his novel "The English Patient" at the Royal Festival Hall in London. Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-07-09 00:00:00 UTC ]
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