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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BuzzFeed's Tasty Wades Deeper Into Print

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[ Publishers Weekly | 2018-01-16 00:00:00 UTC ]
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Canadian Book Sales Down in 2017

Unit sales of print books fell 4% in Canada in 2017, compared to 2016, while dollar sales dropped 3%. The figures were released by BookNet Canada’s sales tracking service. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-16 00:00:00 UTC ]
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Daunt wants to stay on as Waterstones chief after sale

James Daunt has said the process of selling Waterstones has resumed after Christmas, while expressing a desire to stay on as managing director of the chain retailer after the new owners come in. Continue reading at The Bookseller

[ The Bookseller | 2018-01-16 00:00:00 UTC ]
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Publishers, already shifting dependence from Facebook, are expected to accelerate that in wake of news feed change

Before Facebook announced its news feed changes, many publishers were working to minimize their dependence on the platform's referral traffic. The post Publishers, already shifting dependence from Facebook, are expected to accelerate that in wake of news feed change appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-14 00:00:00 UTC ]
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BuzzFeed Responds Perfectly to Facebook's Changes

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[ Advertising Age | 2018-01-13 00:00:00 UTC ]
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Bookstore Sales Dropped 6.4% in November

The late year swoon in bookstore sales continued into November with sales down 6.4% from November 2016. November was the fourth consecutive month bookstore sales fell compared to the same month in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-12 00:00:00 UTC ]
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[ The Bookseller | 2018-01-12 00:00:00 UTC ]
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[ The Bookseller | 2018-01-12 00:00:00 UTC ]
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[ The Bookseller | 2018-01-10 00:00:00 UTC ]
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Canadian author's own Fire and Fury book surges in sales

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[ Stuff | 2018-01-10 00:00:00 UTC ]
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NBC's telecast of Golden Globe Awards draws 19 million viewers, down 5% from last year

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[ Los Angeles Times | 2018-01-09 00:00:00 UTC ]
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With billions at stake, Supreme Court urged to revisit ruling shielding internet purchases from sales tax

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[ Los Angeles Times | 2018-01-05 00:00:00 UTC ]
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[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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[ The Bookseller | 2018-01-05 00:00:00 UTC ]
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[ Engadget | 2017-12-22 00:00:00 UTC ]
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