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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Declines in both adult and juvenile fiction offset gains in nonfiction, resulting in a 1% decline in print unit sales in the week ended May 27, 2018, compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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Revenue at Indigo Books & Music rose 5.8% and net earnings increased by a slightly lesser amount, 4.3%, in the fiscal year ended March 31, 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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In our annual pre-summer roundup, booksellers discuss upcoming trends, predictions for the season, and books they've got their eyes on. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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A second consecutive week of soft adult fiction sales led to a 1% decline in total unit sales of print books in the week ended May 20, 2018 compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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Amazon’s Kindles are among the best ways to read without lugging around physical copies of all your favorite books and magazines, and if you’re looking to try one for yourself, today's your lucky day—our favorite e-reader, the Kindle Paperwhite, is on sale now for $90, its lowest price since... Continue reading at PC World
[ PC World | 2018-05-23 00:00:00 UTC ]
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Facebook published numbers for the first time detailing how much and what type of content it removes from the social network. Continue reading at The New York Times
[ The New York Times | 2018-05-16 00:00:00 UTC ]
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Last month, Facebook published its internal community enforcement guidelines for the first time and today, the company has provided some numbers to show what that enforcement really looks like. In a new report that will be published quarterly, Facebo... Continue reading at Engadget
[ Engadget | 2018-05-15 00:00:00 UTC ]
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Bookstore sales rose 3.5% in March over March 2017. Despite the March gain, bookstore sales were still down 2.8% in the first quarter of 2018 compared to the first period of 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-15 00:00:00 UTC ]
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HarperCollins' global sales and earnings rose in the third quarter, with revenue for the period up 6% to $398m and EBITDA up 16% to $43m. Continue reading at The Bookseller
[ The Bookseller | 2018-05-12 00:00:00 UTC ]
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Strong backlist and digital audio sales led to a 6% increase in revenue in the quarter ended March 30, 2018 over the comparable period a year ago at HarperCollins and earnings rose 16%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
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Lonely Planet c.e.o. Daniel Houghton has left the travel publisher and parent company NC2 is reportedly pursuing a sale of the business. Continue reading at The Bookseller
[ The Bookseller | 2018-05-10 00:00:00 UTC ]
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HMH attributed the sales rise in the first quarter of 2018 in part to higher print titles sales, but a change in the product mix of sales—last year HMH sold lots of 'The Handmaid's Tale' and '1984' ebooks—contributed to a slight rise in the quarterly net loss. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-07 00:00:00 UTC ]
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Pearson has reported it is "on track" to return to underlying profit growth in 2018 after its revenue rose 1% in the first quarter. Continue reading at The Bookseller
[ The Bookseller | 2018-05-05 00:00:00 UTC ]
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Unit sales of print books rose 1% in the week ended Apr. 29, 2018 over the comparable week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-04 00:00:00 UTC ]
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Apple paid BuzzFeed to release a show first on Apple News, and the publisher was also able to make money through an ad-revenue split. The post Why BuzzFeed News premiered a show on Apple News before Facebook, YouTube, Twitter appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-05-04 00:00:00 UTC ]
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More than 500 bookstores participated in this year's Independent Bookstore Day, which took place across the U.S. this past Saturday, April 28. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-30 00:00:00 UTC ]
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Amazon has reported a 43% rise in sales to $51bn (£36.9bn) for the first three months of 2018. Continue reading at The Bookseller
[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
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Boosted by sales of more than 358,000 copies of 'A Higher Loyalty' by James Comey, print unit sales rose 7% in the week ended Apr. 22, 2018 over the comparable week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-27 00:00:00 UTC ]
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Publishers, authors and agents have welcomed Waterstones’ change of ownership this morning and expressed relief at the news James Daunt is staying on to lead the company. Continue reading at The Bookseller
[ The Bookseller | 2018-04-27 00:00:00 UTC ]
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