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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Bookstore Sales Rebounded in March

After falling in the first two months of the year, compared to the same period in 2016, bookstore sales rose in March. They climbed 2.4%, to $725 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-15 00:00:00 UTC ]
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ReDigi, Key Digital 'First Sale' Case, Heating Up on Appeal

In an amicus brief, AAP lawyers argue that a reversal legalizing the resale of digital media would be "catastrophic" for the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-13 00:00:00 UTC ]
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'True Jesus' Lifts Regnery Sales in Q1

Sales at Regnery jumped 48.9% in the first quarter ended March 31, largely thanks to the strong sales of David Limbaugh's 'The True Jesus.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-12 00:00:00 UTC ]
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Q1 Sales Up at Hachette Book Group

Sales rose 4.1% at HBG in the first quarter ended March 31, 2017 over the same period in 2016. The revenue gain was due to solid sales in HBG's Center Street division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-11 00:00:00 UTC ]
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Sales, Earnings Up in Q3 at HarperCollins

Revenue at the publisher rose 4% in the third quarter of fiscal 2017, to $374 million. Earnings increased 3%, to $37 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-10 00:00:00 UTC ]
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Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy

Authors' and publishers' groups are protesting a change in Amazon's third-party sales policy. The retailer says it's in line with 'the rest of Amazon.' The post Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-09 00:00:00 UTC ]
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New roles for Fidler, Higgins and Roscoe in PRH sales, but Christie departs

Ed Christie, UK sales director at Random House, is leaving the company after 28 years, following a shake-up of PRH's UK sales leadership team. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
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Unit Sales Rose 3% at the End of April

At outlets that report to NPD BookScan, unit sales of print books were 3% higher in the week ended Apr. 30, 2017, than in the similar week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-05 00:00:00 UTC ]
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Sales, Earnings Rise at S&S in Q1

Revenue at Simon & Schuster rose 11% in the first quarter ended March 31, 2017 over the comparable period a year ago, while operating income increased 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-04 00:00:00 UTC ]
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The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process

The process of selling the storied magazine giant comes with an added, intangible price. The post The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-05-03 00:00:00 UTC ]
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Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'

It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The... Continue reading at Advertising Age

[ Advertising Age | 2017-04-28 00:00:00 UTC ]
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B&N's New CEO Must Step Up Its Sales

As the new head of Barnes & Noble, Demos Parneros knows his top priority is to stop the sales slide that has plagued the company’s retail stores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-28 00:00:00 UTC ]
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Sales Jump in Boom Year for U.K. Publishing

U.K. publishing sales rose 7% in 2016 over 2015, fueled by rising exports from a Brexit-weakened pound. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-28 00:00:00 UTC ]
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Sales at Mass Merchandisers Continue to Bounce Back

The mass merchandiser channel, which had struggled before the runup to Easter, continued its rebound in late April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-28 00:00:00 UTC ]
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Time Inc. Puts a Hold on Sale Rumors

The publisher will pursue its "own strategic plan," the company announced this morning. The post Time Inc. Puts a Hold on Sale Rumors appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-04-28 00:00:00 UTC ]
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'Screen fatigue' sees UK ebook sales plunge 17% as readers return to print

Consumer sales down to £204m last year and are at lowest level since 2011 – when Amazon Kindle sales first took off in UK Britons are abandoning the ebook at an alarming rate with sales of consumer titles down almost a fifth last year, as “screen fatigue” helped fuel a five-year high in printed... Continue reading at The Guardian

[ The Guardian | 2017-04-27 00:00:00 UTC ]
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UK ebook sales flounder as interest in print copies rebounds

Book sales in the UK are on the rise, but not because of ebooks. Figures for 2016 released by the Publishers Association show a 7 percent rise over 2015, the largest year-over-year growth in a decade. Physical book sales were up 8 percent, however eb... Continue reading at Engadget

[ Engadget | 2017-04-27 00:00:00 UTC ]
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Ebook sales drop as readers favour non-fiction books

Total book sales including physical and digital books rose 6% to £3.5bn, propped up by non-fiction. Continue reading at BBC News

[ BBC News | 2017-04-27 00:00:00 UTC ]
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Quarto restructures global sales and marketing teams

The Quarto Group has implemented a new global sales and marketing structure, which has seen the English Language Sales team divided into three main channels: US Sales, UK and Europe Sales, and International Sales. Continue reading at The Bookseller

[ The Bookseller | 2017-04-25 00:00:00 UTC ]
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For Bookstores, A Perfect Storm for Sales

As Independent Bookstore Day turns three, booksellers in 48 states see an opportunity to make strong Saturday sales even stronger. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-21 00:00:00 UTC ]
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