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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SIPA 2014: “Ink doesn’t get the attention of the Inc.”

Washington, D.C.—During the 38th annual Specialized Information Publisher’s Association (SIPA) Conference, the discussion often boiled down to one unsavory fact: “Ink doesn’t get the attention of the Inc.” Continue reading at Folio Magazine

[ Folio Magazine | 2014-06-10 00:00:00 UTC ]
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Authors on the Air June 9, 2014: Kenneth Turan

Kenneth Turan, author of "Not to be Missed: Fifty-Four Favorites from a Lifetime of Film" (PublicAffairs, 9781586483968 ) will appear on the "Diane Rehm Show" on Tuesday, June 10. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-09 00:00:00 UTC ]
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Asian Content for the World’s Children at AFCC 2014

The just-concluded Asian Festival Children’s Content (AFCC), which ran from May 30 to June 4 in Singapore, hosted around 100 speakers from 16 different countries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-09 00:00:00 UTC ]
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Job Moves: June 9, 2014

Moira McCann is stepping down as the head of Perseus Books Group's London office. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-09 00:00:00 UTC ]
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Cons for Pros—and Fans: Romance 2014

In 1980, Romance Writers of America held its first annual conference. It was joined in 1983 by the Romantic Times Booklovers Convention. Known respectively as RWA and RT, these two events host thousands of authors, readers, agents, and publishers each year, providing attendees opportunities... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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PW Picks: Books of the Week, June 9, 2014

This week, literature's most important obscenity trial, a haunted jail, and what it means to be a woman writer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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Job Moves: June 6, 2014

Baker Publishing Group has appointed Kim Bangs as senior acquisitions editor for the Bethany House and Chosen divisions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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Authors on the Air June 5, 2014: Thom Shea

Thom Shea, author of "Unbreakable: A Navy Seal’s Way of Life" (Clovercroft Publishing, 9781940262376), will appear on the "Sean Hannity Show" on Thursday, June 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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Children's Books at BEA 2014: Photos from the Show

Three days of books, authors, giveaways, and controlled chaos: join us on our annual photo tour of highlights from BookExpo America. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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This Week in Children's Apps: June 5, 2014

This week we feature an app from Moonbot Studios, founded by picture book artist William Joyce, and another app approved by the folks at the Smithsonian. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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BEA 2014: The Illustrators' Studio Crawl: A Photo Essay

With booksellers from all over the country and beyond gathering in New York City for BEA, what better time for the ABA and the CBC to organize a tour of the studios of children's book illustrators? Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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Jaron Lanier to Receive 2014 Peace Prize from German Book Trade

Jaron Lanier will receive the 2014 Peace Prize of the German Book Trade for his writing and advocacy about 'the dangers involved when human beings are reduced to digital categories.' Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-05 00:00:00 UTC ]
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Job Moves: June 5, 2014

Gary Zelko, director and publisher of the Merck Publishing Group since 1982, has retired. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, June 1, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended June 1, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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BEA 2014: Duck Dynasty Patriarch "UnPHILtered," More from Religion Publishers

Religion publishers showcased big new books and previewed forthcoming titles—including the Duck Dynasty patriarch's autobiography and a VeggieTales comic book series--at BookExpo America in New York May 23-31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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BEA 2014: Steady and Strong for Religion Publishers

Religion publishers were busy during BookExpo America's three-day run in New York May 29-31. Their participation seems to have stabilized--there were no new dropouts, and some publishers have returned after taking breaks over costs vs. benefits, finding the show valuable after all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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Job Moves: June 4, 2014

Patricia Stockland has been promoted to v-p, editor in chief at Lerner Publishing Group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-04 00:00:00 UTC ]
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Comics Get In Front at BEA 2014

Although the category did not have a commanding presence at BEA, graphic novel publishers and imprints were nevertheless spread throughout the show and comics were featured in major panels during BEA and BookCon, BEA’s relaunched consumer event. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-03 00:00:00 UTC ]
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Publishing and Technology Start-ups at BEA 2014

Two data analytics companies, Next Big Book and Qlovi, won startup prizes at BEA, but several others caught our eye and are worth watching through 2014. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-03 00:00:00 UTC ]
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BEA 2014: The Numbers Are In

Based on rough figures, professional attendance was down slightly, 10,965; BookCon sold out 10,000 tickets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-03 00:00:00 UTC ]
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