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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AAP Reports Downturn in Trade Sales for April 2017

Due to declining ebook sales and a major drop-off in mass market, sales of adult books and children's books were down in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-11 00:00:00 UTC ]
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China’s 2017 book sales continue upward curve

China’s printed book sales in the first half of 2017 have showed revenue growth year on year of “above 10%”, according to book-sales data company OpenBook, which released the figure at the Beijing International Book Fair. Continue reading at The Bookseller

[ The Bookseller | 2017-09-08 00:00:00 UTC ]
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Indie Booksellers Report Solid Summer Sales

Sales were strong across much of the country this past summer, and the attitude going into the fall is positive, according to a survey of more than 15 independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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Unit Sales Down 1% Compared to 2016

At outlets that report to NPD BookScan, unit sales of print books were 1% lower in the week ended Sept. 3, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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Sales at B&N Down More Than 6% in Q1 of 2018

In reporting its first quarter results of the 2018 fiscal year, Barnes & Noble announced sales of $853.3 million, down from $913.9 million in the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-07 00:00:00 UTC ]
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Riccardi joins Canelo as head of sales

Canelo has appointed Francesca Riccardi to the newly-created role of head of sales. Continue reading at The Bookseller

[ The Bookseller | 2017-09-07 00:00:00 UTC ]
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In Video Play, Facebook Offers Hundreds of Millions for Music Rights

Facebook is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.The posting and viewing of video on Facebook has exploded in recent... Continue reading at Advertising Age

[ Advertising Age | 2017-09-06 00:00:00 UTC ]
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Facebook offers millions to music industry to avert copyright crisis

Facebook is said to be offering hundreds of millions of dollars to music publishers and record labels to avoid having to take down user-generated videos that feature copyrighted music. Bloomberg cites "people familiar with the matter" as saying Facebook's payments will allow for the legal use of... Continue reading at Betanews

[ Betanews | 2017-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #music industry #music publishers #record labels #people familiar


Pan Books at 70: Celebrating Authors, Their Sales and International Rights Success

'Always just a bit sexier and more exciting,' Macmillan's rights-powerhouse Pan Books observe a 70th anniversary with new Golden Pan honors. The post Pan Books at 70: Celebrating Authors, Their Sales and International Rights Success appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-09-06 00:00:00 UTC ]
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Unit Sales Dip 2% Compared to 2016

With sales down in three of the four major publishing segments, unit sales of print books at outlets that report to NPD BookScan were 2% lower in the week ended Aug. 27, 2017, than in the similar week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-01 00:00:00 UTC ]
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Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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Tiger Who Came to Tea hits million-copy milestone

Print sales of Judith Kerr's The Tiger Who Came to Tea have surpassed one million sold mark ahead of its 50th anniversary next year. Continue reading at The Bookseller

[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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WHS expects to hit full-year targets

W H Smith said it expects its financial results for the year to be in line with expectations, with a continued “strong” performance in its Travel arm with new openings in Italy. Continue reading at The Bookseller

[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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Despite a Lift in Sales, B&NE Sees Losses Jump in Q1

The February 2017 acquisition of MBS was the major driver of a 48.7% jump in sales at Barnes & Noble Education in the quarter ended July 29. The net loss in the period, however, was $34.8 million, up from $27.9 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-30 00:00:00 UTC ]
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NYT pulls book from best-seller list over suspicious sales

 A novel called Handbook for Mortals had a very brief reign at the top of a New York Times best-seller list. The paper confirmed Friday that it had pulled Lani Sarem's book from its young adult hardcover list for September 3 because of "inconsistencies" in the reporting of sales. The... Continue reading at Stuff

[ Stuff | 2017-08-28 00:00:00 UTC ]
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Sales Stay Flat for a Second Consecutive Week

At outlets that report to NPD BookScan, unit sales of print books were 0.2% lower in the week ended Aug. 20, 2017, than in the similar week in 2016 Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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New York Times pulls YA novel from bestseller list after reports of fake sales

Lani Sarem’s Handbook for Mortals was taken off the No 1 spot after fellow YA authors, sceptical of ‘a book that no one has heard of’, uncovered a pattern of strategic preordersA young adult novel has been removed from the No 1 position on the New York Times bestseller lists, after detective... Continue reading at The Guardian

[ The Guardian | 2017-08-25 00:00:00 UTC ]
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Bookspeed expands after sales grow to £9m

Specialist book and gift supplier Bookspeed has more than doubled its operational capacity to more than 25,000 sq ft by investing significantly in additional warehouse facilities. Continue reading at The Bookseller

[ The Bookseller | 2017-08-23 00:00:00 UTC ]
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Sales Recover from Potter Curse, Hold Even in the Week

At outlets that report to NPD BookScan, unit sales of print books were 0.1% higher in the week ended Aug. 13, 2017, than in the similar week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-18 00:00:00 UTC ]
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ANA Pushes $50 Million Digital Media Pilot to Combat 'Ad-Tech Tax'

After years of complaining about digital media fraud, brand safety and other problems, the Association of National Advertisers hopes to do something about it, starting a six-month pilot with what it hopes will be 35 marketers and more than $50 million in spending for 30 premium online... Continue reading at Advertising Age

[ Advertising Age | 2017-08-17 00:00:00 UTC ]
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