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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Obituary: Former Macmillan Sales Rep, David Bertin

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[ Publishers Weekly | 2016-05-24 00:00:00 UTC ]
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[ Publishers Weekly | 2016-05-24 00:00:00 UTC ]
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Tribune Publishing's No.2 shareholder pushes for sale

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[ Los Angeles Times | 2016-05-19 00:00:00 UTC ]
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Haynes to axe 17% of workforce due to falling sales

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[ The Bookseller | 2016-05-19 00:00:00 UTC ]
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[ Publishers Weekly | 2016-05-18 00:00:00 UTC ]
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The Girl on the Train is tops again, steams towards one million mark

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[ The Bookseller | 2016-05-18 00:00:00 UTC ]
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[ The Bookseller | 2016-05-17 00:00:00 UTC ]
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[ Publishing Perspectives | 2016-05-17 00:00:00 UTC ]
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[ AdWeek | 2016-05-17 00:00:00 UTC ]
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[ Publishers Weekly | 2016-05-17 00:00:00 UTC ]
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[ Publishers Weekly | 2016-05-16 00:00:00 UTC ]
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[ The Bookseller | 2016-05-13 00:00:00 UTC ]
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[ Betanews | 2016-05-13 00:00:00 UTC ]
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[ Digiday | 2016-05-13 00:00:00 UTC ]
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[ Engadget | 2016-05-13 00:00:00 UTC ]
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[ Publishers Weekly | 2016-05-13 00:00:00 UTC ]
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[ The Guardian | 2016-05-13 00:00:00 UTC ]
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[ AdWeek | 2016-05-13 00:00:00 UTC ]
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[ The Bookseller | 2016-05-13 00:00:00 UTC ]
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[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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