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 ]
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B&N Reports Falling Sales in Fiscal 2017 Report

The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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Rodale Considers a Sale

The media company and publisher, home to such magazines as 'Men's Health' and 'Prevention,' along with Rodale Books, is considering its strategic options, which include the potential sale of the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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Industry Notes: South Korea’s Ridibooks Raises $20 Million; Quarto Distributes Zest Books

Characterized as South Korea's largest ebook service, Ridibooks' parent company raises funds. And Quarto Group Takes on Zest Books distribution. The post Industry Notes: South Korea’s Ridibooks Raises $20 Million; Quarto Distributes Zest Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-20 00:00:00 UTC ]
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AAP's First Report on 2016 Shows Sales, Revenue Down

The industry sales report for 2016 found that total revenue for the industry fell 6.6%, compared to 2015. Based on sales from 1,207 companies that report to AAP, total revenue last year was $14.25 billion, down from $15.26 billion in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-15 00:00:00 UTC ]
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Bookstore Sales Jump, Slightly, in April

Bookstore sales rose 1.8% in April, over the same period in 2016, according to preliminary estimates released by the U.S. Census Bureau. Bookstore revenue was $714 million for the month, compared to $701 for the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-14 00:00:00 UTC ]
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Borsenverein figures break down Germany's book sales for 2016

Sales of books and journals in Germany across 2016 were up marginally for the first time since 2013, according to data released by trade association Börsenverein des Deutschen Buchhandels. Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
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Tony Walsh sales soar after Manchester performance

Sales of Tony Walsh’s first poetry collection have almost doubled in the few weeks since he gave a rousing spoken word performance at a vigil following the terror attack at Manchester Arena on 22nd May. Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
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Digital Sales Down 2% in Canada in 2016

BookNet Canada's annual report, The State of Digital Publishing, shows a slight decline in sales of ebooks last year, even as publishers produced more digital titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-08 00:00:00 UTC ]
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Rare bookseller puts Harry Potter first editions on sale for over £4,000

A rare bookseller is selling two first editions of Harry Potter and the Philosopher’s Stone (Bloomsbury) for more than £10,000 combined. Continue reading at The Bookseller

[ The Bookseller | 2017-06-07 00:00:00 UTC ]
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Audiobook Sales Up Again in 2016, Posting Double-Digit Gains

Total sales of audiobooks rose 18.2%, to an estimated $2.1 billion. Unit sales for the year were up even more, rising 33.9% over 2015, to 89.5 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
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BookNet Canada: Digital Revenue Up in 2016, Ebook Sales Down

Toronto-based Kobo and Seattle's Amazon are neck-and-neck in Canadian publishers' use of ebook retailers, BookNet Canada finds, in a new 2016 survey. The post BookNet Canada: Digital Revenue Up in 2016, Ebook Sales Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-07 00:00:00 UTC ]
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Audio Publishers Association: Annual Survey Cites a Third Year of Strong US Audiobook Sales Growth

APA estimates show 2016's audiobook sales growth expanding by almost 20 percent again. Sixty-seven million Americans say they finished an audiobook. The post Audio Publishers Association: Annual Survey Cites a Third Year of Strong US Audiobook Sales Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-07 00:00:00 UTC ]
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Hearst Magazines Drives Toward Category Sales

Hearst Autos division will handle industry advertising sales across all magazine titles. The post Hearst Magazines Drives Toward Category Sales appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-05-31 00:00:00 UTC ]
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Dosdoce and Bookwire Chart ‘Soaring’ Ebook Sales in the Spanish Markets

Citing a 110-percent jump in sales in Latin America and 41 percent growth in Spain, a new report sees digital as a key to the Spanish markets' turnaround. The post Dosdoce and Bookwire Chart ‘Soaring’ Ebook Sales in the Spanish Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-30 00:00:00 UTC ]
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Sales Are Up In Q1

Sales at HMH, S&S, Lagardère, and HarperCollins are up in the first quarter compared to a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-26 00:00:00 UTC ]
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How food brand Tasty is a template for BuzzFeed’s vertical expansion

BuzzFeed said Tasty is on the verge of becoming Facebook's biggest page, and it's become a template for growing the publisher's social video footprint. The post How food brand Tasty is a template for BuzzFeed’s vertical expansion appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-05-22 00:00:00 UTC ]
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Russia’s Readers Raise the Digital Stakes Amid Falling Print Sales

Reports in Russia describe a 60-percent growth in ebook sales last year, and analysts say digital formats may grow at 30 to 50 percent for years to come. The post Russia’s Readers Raise the Digital Stakes Amid Falling Print Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-22 00:00:00 UTC ]
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SoA concerned over impact of bulk sales

The Society of Authors is calling on publishers to consider the impact that bulk “special sales” deals are having on both author and publisher earnings. Continue reading at The Bookseller

[ The Bookseller | 2017-05-19 00:00:00 UTC ]
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Sales Rose 15% at Bloomsbury in 2017

Led by strong gains in its children’s publishing division, revenue at Bloomsbury rose 15% in the fiscal year ended February 28, 2017 over fiscal 2016. Profits slipped, however, dropping to £9.4 million from £10.3 million in fiscal 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-18 00:00:00 UTC ]
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Sally Rooney | 'You should make work that you don't necessarily expect people to like or love'

A precocious young Irish writer whose début was at the heart of a seven-way auction has produced a novel that belies its creator’s years, reckons Alice O’Keeffe. Continue reading at The Bookseller

[ The Bookseller | 2017-05-18 00:00:00 UTC ]
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