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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BEA 2016: E-book Sales Fell 13% in 2015, Nielsen Reports

Unit sales of ebooks published by traditional publishers fell 13% in 2015 compared to 2014, said Kempton Mooney of Nielsen during a Thursday panel aimed at examining different publishing markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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E-book Sales Decline Continues

First quarter financial reports from three of the country's largest trade publishers revealed a continuing decline in ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-06 00:00:00 UTC ]
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With Print Book Sales Stabilized, Return Rate Lowers

After the upheaval caused by the rise of ebooks, it appears that print book returns have largely declined. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-06 00:00:00 UTC ]
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Tribune Publishing Says No to Gannett’s $815 Million Offer

The Los Angeles Times building. The owner of the newspaper, Tribune Publishing Company, rejected an unsolicited offer from Gannett. Continue reading at The New York Times

[ The New York Times | 2016-05-05 00:00:00 UTC ]
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Sales, Earnings Drop at HarperCollins

Revenue fell 11% in the quarter ended March 31, 2016 compared to the period ended March 31, 2015 and earnings tumbles 36%, to $36 million. E-book sales were down. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-05 00:00:00 UTC ]
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S&S Sees Earnings Gain, But Flat Sales, in Q1

Simon & Schuster reported revenue of $145 million in the first quarter of 2016, flat with revenue in the same period in 2015. Operating income rose 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-03 00:00:00 UTC ]
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Report: Subscription Discounts Drive Down Newsstand Sales

New MagNet study finds monthly magazines offer subscriptions for an average of 63 percent off cover price. The post Report: Subscription Discounts Drive Down Newsstand Sales appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-30 00:00:00 UTC ]
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Publishing Industry Sales Down 2.6% In 2015

The adult book and religion segments were the only categories in which sales rose last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-29 00:00:00 UTC ]
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After Copyright Win, GSU Seeks $3.3 Million from Publishers

The request comes after GSU defeated a publisher lawsuit over the university’s use of digitized e-reserves for a second time last month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-29 00:00:00 UTC ]
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US trade sales up slightly in 2015

US publishers' trade book sales were up 0.8% to $7.2bn last year compared to $7.1bn in 2014, while ebook sales declined, according to statistics released by the Association of the American Publishers (AAP). Continue reading at The Bookseller

[ The Bookseller | 2016-04-28 00:00:00 UTC ]
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Religion and Spirituality On-Sale Calendar: May 2016

Big books publishing in May include the latest by Billy Graham’s daughter, Ann Graham Lotz, a memoir by Grammy Award-winning rapper Lecrae, and the story behind one American’s seven-month imprisonment in North Korea. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-27 00:00:00 UTC ]
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Industry Sales Fell 2.6% in 2015

In the AAP's first report on 2015 results, the organization found that industry sales fell 2.6% in the year compared to 2014. The figures reflect sales reported by 1,205 publishers to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-26 00:00:00 UTC ]
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Mark Coker Surveys 2015 E-book Sales on Smashwords

Fiction dominated ebook sales on Smashwords while romance sales dominated fiction; $2.99-$3.99 were the sweetspots for pricing, and social media, offering series and free samples were identified as key to building ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-20 00:00:00 UTC ]
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Strong February for Bookstore Sales

Bookstore sales in February rose 7.2% over February of 2015, rising to $732 million, according to preliminary estimates released by the Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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The E.W. Scripps Co. Buys Cracked for $39 Million

In an effort to court millennials and invest further in key content categories, The E.W. Scripps Co. has acquired the iconic humor brand Cracked from Demand Media. The purchase price was $39 million."We always look for brands that have an eye toward high quality," said Scripps Chief Digital... Continue reading at Advertising Age

[ Advertising Age | 2016-04-13 00:00:00 UTC ]
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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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March Religion Bestsellers: Furtick Breaks the Top Five, Films Boost Fiction Sales

Steven Furtick’s latest, ‘(Un)Qualified,’ debuted at #4 on our Religion Nonfiction bestsellers list for the month of March, while five books with a presence in Hollywood ranked among the top 10 in Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-13 00:00:00 UTC ]
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Sales Up at Bibliomotion

The Boston publisher of business and parenting titles has seen its sales climb each year since it set up shop in 2011. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-08 00:00:00 UTC ]
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Canadian Print Book Sales Up Slightly in 2015

Nonfiction category saw the largest boost, thanks to the popularity of coloring books such as 'Secret Garden' and 'Lost Ocean.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nonfiction category #coloring books #secret garden #lost ocean