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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Second quarter revenue fell 6.0% at Simon & Schuster compared to the second period of 2015, but operating income rose 4.0%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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Hachette Book Group Reorganizes Sales Staff

Hachette Book Group has announced a restructuring of its sales staff in the wake of its acquisition of Perseus. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-27 00:00:00 UTC ]
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Fiona Carr Joins IPR License as Senior Sales Manager

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[ Publishing Perspectives | 2016-07-27 00:00:00 UTC ]
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Trade Sales Mixed in February

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[ Publishers Weekly | 2016-07-26 00:00:00 UTC ]
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A Slimmed Down Scholastic Posts Sales and Earnings Gains

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[ Publishers Weekly | 2016-07-22 00:00:00 UTC ]
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One million for Moyes' Me Before You duo

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[ The Bookseller | 2016-07-20 00:00:00 UTC ]
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[ Publishers Weekly | 2016-07-15 00:00:00 UTC ]
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Book Sales Down Slightly in 2015

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[ Publishers Weekly | 2016-07-15 00:00:00 UTC ]
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Quartz Said to Near $30 Million in Revenue, Without Clickbait or Standard Ad Units

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[ Advertising Age | 2016-07-15 00:00:00 UTC ]
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Strength in depth sees print sales soar in the first six months

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[ The Bookseller | 2016-07-15 00:00:00 UTC ]
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My Job in 5: Maddie Jane, sales development officer, Bible Reading Fellowship

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[ The Bookseller | 2016-07-14 00:00:00 UTC ]
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June Religion Bestsellers: A Bible Study Boosts Sales for ‘The Husband Project’; Jan Karon Stays #1

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[ Publishers Weekly | 2016-07-13 00:00:00 UTC ]
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Did Matayoshi ‘Spark’ Japan’s Growth in Book Sales?

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[ Publishing Perspectives | 2016-07-12 00:00:00 UTC ]
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After Steady Growth, Digital Comics Sales Decline in 2015

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[ Publishers Weekly | 2016-07-12 00:00:00 UTC ]
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[ Publishers Weekly | 2016-07-11 00:00:00 UTC ]
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[ Publishers Weekly | 2016-07-08 00:00:00 UTC ]
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OUP sees 'muted' sales rise in 2015

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[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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[ Publishers Weekly | 2016-07-06 00:00:00 UTC ]
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