BuzzFeed to forecast 2014 revenue of up to $120M

BuzzFeed Inc., 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.BuzzFeed, based in New York, is 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 company was growing faster than expected, according to the person.BuzzFeed, started in 2006 by Huffington Post co-founder Jonah Peretti, relies on Facebook and other social networks to spread its articles and videos, which can range from weighty political coverage to photo lists such as "The 29 Most Important Twerking Moments Of 2013." It attracted more than 130 million unique visitors in November, its biggest traffic month ever, the company said yesterday in a statement.Unlike traditional news sites, BuzzFeed doesn't rely on banner ads. Instead, it creates sponsored versions of its articles for advertisers, such as a list of animated images that promotes Google+ Photos or a feature on winter attractions in... Continue reading at 'Crains New York'

[ Crains New York | 2013-12-04 00:00:00 UTC ]
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Reviews of New and Forthcoming Religion and Spirituality Books, June 25, 2014

Beyonce's pastor writes about love; liberation theologian Leonardo Boff assesses Pope Francis. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-24 00:00:00 UTC ]
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Shortlist for the 2014 Encore Award Honors Second Novels

Six novels have been shortlisted for the 2014 Encore Book Award, which honors outstanding second novels. The list includes The Luminaries, This is the Way, and others. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-24 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, June 25, 2014

An Amish weekend; Catholic Press Association selects best books; awards and honors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-24 00:00:00 UTC ]
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Job Moves: June 23, 2014

Pat Strachan is no longer at Little, Brown and Company, where she had been a senior editor since 2002. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-23 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, June 15, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended June 15, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-21 00:00:00 UTC ]
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Job Moves: June 20, 2014

Heather Fain has been appointed senior v-p, director of marketing strategy, a new central marketing function within HBG. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-20 00:00:00 UTC ]
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Rushdie Wins 2014 PEN/Pinter Prize

The award will be presented at a public event at the British Library on October 9, at which Rushdie will deliver an address. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-20 00:00:00 UTC ]
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Authors on the Air June 20, 2014: Bruce Kraig

Bruce Kraig, author of "Man Bites Dog: Hot Dog Culture in America" (Taylor Trade Publishing, 9781589799325) will appear on "CBS This Morning Saturday" on Saturday, June 21. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-20 00:00:00 UTC ]
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PW Picks: Books of the Week, June 23, 2014

This week, new Andrea Camilleri, unfriending your ex, and what the ocean tells us about ourselves. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-20 00:00:00 UTC ]
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Authors on the Air June 19, 2014: A.J. Baime

A.J. Baime, author of "The Arsenal of Democracy: FDR, Detroit, and an Epic Quest to Arm an America at War" (Houghton Mifflin Harcourt, 9780547719283) will appear on MSNBC’s "Morning Joe" and MSNBC’s "The Cycle" on Friday, June 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-19 00:00:00 UTC ]
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Shortlists for the 2014 PEN USA Literary Awards

The numerous shortlists for the PEN USA Literary Awards have been released, with the awards being presented September 29 in New York City. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-19 00:00:00 UTC ]
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Rushdie awarded 2014 PEN/ Pinter Prize

Salman Rushdie has been awarded the 2014 PEN/Pinter Prize.   The award will be presented... Continue reading at The Bookseller

[ The Bookseller | 2014-06-19 00:00:00 UTC ]
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Cat's Sage Advice to Kitten Viral Gold for BuzzFeed

The Sad Cat (or at least someone who sounds like him) is back, and this time he's dispensing advice to his kitten minions. BuzzFeed's Dear Kitten, a branded video for Friskies wet cat food, has resonated extremely well with the feline-obsessed online audience, collecting 12.1 million views (and... Continue reading at AdWeek

[ AdWeek | 2014-06-19 00:00:00 UTC ]
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Job Moves: June 19, 2014

Amy Stolls has been appointed director of literature for the National Endowment for the Arts . Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-19 00:00:00 UTC ]
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Malcolm, Sedaris, Marra Make PEN 2014 Shortlist

Winners of the 18 awards, which in total amount to $150,000 in fellowships, grants, and prizes, will be revealed on July 30, and celebrated at a ceremony on September 29 at the New School in New York City. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-18 00:00:00 UTC ]
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Publishers Dealing at Licensing Expo 2014

The debut of Dreamworks' Awesomeness Ink imprint and a deal between Brand Bar and St. Martin's to represent a number of SMP's women fiction authors were some of the highlights coming out of the first day of Licensing Expo 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-18 00:00:00 UTC ]
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Job Moves: June 17, 2014

Carolyn Foley has joined the Penguin Random House in-house Legal group as v-p, associate general counsel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-17 00:00:00 UTC ]
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Wiley sees print sales drop in 2014

Wiley is positioned to “become a solutions leader in professional learning and development... Continue reading at The Bookseller

[ The Bookseller | 2014-06-17 00:00:00 UTC ]
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Authors on the Air June 17, 2014: Ray “Dr. BBQ” Lampe

Ray “Dr. BBQ” Lampe, author of "Pork Chop: 60 Recipes for Living High on the Hog" (Chronicle Books, 9781452113678) will appear on the CBS’s "The Talk" on Wednesday, June 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-17 00:00:00 UTC ]
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Photo Mania: New Comics Show, Special Edition 2014

The first Special Edition, a new and smaller comics show launched by ReedPop, organizer of the blockbuster New York Comic Con, debuted at the Javits Convention Center this past weekend, June 14-15. PW Comics World was on hand all weekend to photograph the artists, publishers and fans at Special... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-16 00:00:00 UTC ]
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