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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London book fair: UK publishers cheerfully splash cash as sales rise

Decline of reality TV and soap star memoirs greeted with glee, but publishers say it is time to turn the page on Gone Girl-style ‘grip-lit’On the eve of the London book fair, publishers were excited by news that sales of physical books were up for the second year in a row – 7% more than in 2015.... Continue reading at The Guardian

[ The Guardian | 2017-03-17 00:00:00 UTC ]
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Paperback fighter: sales of physical books now outperform digital titles

It can be cheaper to buy the physical copy of a book than a digital download thanks to changes in Amazon’s deal with publishersAt the start of this decade publishers feared the death of the paperback. Britons abandoned bookshops at an alarming rate, seduced by e-readers and cheap digital... Continue reading at The Guardian

[ The Guardian | 2017-03-17 00:00:00 UTC ]
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January Bookstore Sales Fell 3.7%

After rising 2.5% in 2016, bookstore sales fell 3.7% in January, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-15 00:00:00 UTC ]
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Ebook sales continue to fall as younger generations drive appetite for print

Nielsen survey finds UK ebook sales declined by 4% in 2016, the second consecutive year digital has shrunkReaders committed to physical books can give a sigh of relief, as new figures reveal that ebook sales are falling while sales of paper books are growing – and the shift is being driven by... Continue reading at The Guardian

[ The Guardian | 2017-03-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annual books #younger generations #ebook formats #consumer survey #bricks-and-mortar bookshops #4% rise

High street sees 4% rise in book sales

The British high street saw a 4% rise in book volume purchases through physical stores last year, while online sales flatlined. However, online retailers continued to grow their market share of the print market with a 1% rise to 32% of volume purchases in 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-14 00:00:00 UTC ]
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PRH Opts to Publish $65 Million Obama Books Globally

The pair of books that Penguin Random House recently bought by Barack and Michelle Obama, for a reported $65 million, will be released globally by the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-13 00:00:00 UTC ]
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Print Sales Down at Wiley in Q3

Sales of higher education textbooks fell 27% at John Wiley in the third quarter ended January 31, compared to the third period of fiscal 2016. Sales of STM and professional books fell 12%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-07 00:00:00 UTC ]
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The Obamas' Book Deals Spark $65 Million Mystery

If Penguin Random House really spent the rumored $65 million to acquire books by the former president and first lady, Barack and Michelle Obama, how could the publisher recoup its outlay? It might not be that hard. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-03 00:00:00 UTC ]
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B&N Still Searching For ‘Magic Bullet’ to Stop Sales Slide

On a call about its just-reported disappointing third-quarter financial performance, Barnes & Noble CEO Len Riggio said that although the company has found success with some new categories, it still hasn’t found a "magic bullet" to end the overall sales slide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-03 00:00:00 UTC ]
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Newsstand Sales Drop Another 12.4 Percent in 2016

The rapid rise of SIPs continues to mask further deterioration of print magazine sales at retail. The post Newsstand Sales Drop Another 12.4 Percent in 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-03 00:00:00 UTC ]
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Disappointing Holiday Sales Contribute to B&N's Down Q3

Barnes & Noble reported an 8.0% decline in third quarter sales. The retailer said that, with trends softening, it was lowering its revenue and earnings projections for the fiscal year ending in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-02 00:00:00 UTC ]
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Hour Media Group Acquires Emmis Magazines for $6.5 Million

Personnel changes hit Los Angeles Magazine as new owners lay off publisher, EIC. The post Hour Media Group Acquires Emmis Magazines for $6.5 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-01 00:00:00 UTC ]
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B&N Education Buys MBS for $174 Million

In another move that consolidates the college retail and wholesale market, Barnes & Noble Education has acquired MBS Textbook Exchange for $174.2 million in cash. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-28 00:00:00 UTC ]
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News Corp sales exec on the duopoly: ‘That threat is not going away’

News UK's chief commercial director, Dominic Carter, believes there is threat and opportunity in equal measure from the Facebook-Google duopoly for publishers. The post News Corp sales exec on the duopoly: ‘That threat is not going away’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-02-27 00:00:00 UTC ]
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How the NAACP’s Reggie Thomas Navigates Ad Sales and Event Sponsorships

A Q&A with the Folio: Association Media Summit panelist on the nuances of selling ads and event sponsorships for the non-profit association's for-profit magazine, The Crisis. The post How the NAACP’s Reggie Thomas Navigates Ad Sales and Event Sponsorships appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-24 00:00:00 UTC ]
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Adult Trade Sales Slipped in First Nine Months of 2016

Sales of adult trade books fell 1.6% in the first nine months of 2016 compared to the same period in 2015, according to figures released by the AAP as part of its StatShot program. Sales of children’s and young adult books increased 4.9% in the same period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Bargain hunters strike book bonanza on opening day of City Library sale

When Palmerston North City Library staff arrived at work on Friday morning, the queue for the first day of the three-day book sale had already formed. Continue reading at Stuff

[ Stuff | 2017-02-24 00:00:00 UTC ]
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S&S global sales down 10% in fourth quarter

Simon & Schuster saw global revenues fall by 10% to $209m (£167.05m) during the fourth quarter of 2016, according to results released by parent company the CBS Corporation. Continue reading at The Bookseller

[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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