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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BEA 2014: Amanda Palmer: No Shame in Asking

It was a circuitous and unexpected road that led Amanda Palmer to become an author. Best known as one-half of the punk duo the Dresden Dolls, Palmer had already expanded her creative world to include songwriter, playwright, and blogger. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Scott Blackwood: Inspired by a Multiple Murder

Scott Blackwood’s evocative novel See How Small (Little, Brown, Dec.), in which three teenage girls are murdered in a small Texas town, achieves such a multilayered narrative effect that even its author has a tough time pigeonholing the book’s genre. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Avery Corman: Dads Vs. Moms

Avery Corman penned Kramer vs. Kramer back in 1977 and had no idea that it would totally change the landscape of divorce in America. He learned later that the book was cited more in divorce proceedings than actual legal precedent. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: UPNE Launches ForeEdge

Taking its name from the printing term, fore edge— which refers to the part of a book that faces inward when the book is shelved, opposite the spine—a new imprint for national trade titles from University Press of New England is launching. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Walter Isaacson on Innovation

In his new book, The Innovators: How a Group of Inventors, Hacker, Geniuses and Geeks Created the Digital Revolution (S&S, Oct. 7), Walter Isaacson credits not one historical figure but teams of collaborative people that, over time, "made Steve Jobs possible." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Andrea Davis Pinkney: Shedding Light on a Dark Subject

The gift of a simple red pencil gives a girl in war-ravaged Sudan the opportunity to express her feelings and overcome her grief. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Mighty Bright, Mighty Light

Since introducing its first incandescent book light in 1995, Mighty Bright has been the company that helped save relationships, as its tiny lights made it possible for one person to read while another sleeps. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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Authors on the Air May 30, 2014: Jessye Norman and Joseph Hallinan

Jessye Norman, author of "Stand Up Straight and Sing!" (Houghton Mifflin Harcourt, 9780544003408) will appear on "PBS Newshour" on Friday, May 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Diamonds Are a Bakers’ Best Friend

Baker Publishing Group celebrates its 75th anniversary at BEA and for the occasion is offering free copies of The Baker Book House Story, the recently released history of the company, and another gift, while supplies last at booth 1031. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Philip Gulley: New Series, New Publisher

Philip Gulley writes about what he knows: a smalltown Quaker pastor who serves and loves imperfectly, but who always points others to God. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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News Briefs: Week of June 2, 2014

BAM has flat quarter, adds HBG site and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: A Photographic Musical Tribute

Not every book opens with a page featuring a scrawled handwritten blurb from Lawrence Ferlinghetti. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Pat O’Brien: Back After All That

Even though this is the first time Pat O’Brien has attended BEA, he’s not intimidated at the prospect of being surrounded by booksellers he’s never met before to talk about the highs and lows of his 35-year career as a sportscaster for radio and television and a celebrity journalist. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Hampton Sides: Icebound in Siberia

His name, his publisher proudly announces, is “nearly synonymous with high-velocity narratives” that “perfectly capture pivotal moments in history,” making what Hampton Sides does sound really easy. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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PW Picks: Books of the Week, June 2, 2014

This week, new Stephen King, new Herman Koch, and the best literary puzzle of the summer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: The Kids Take Over Uptown Stage

For the second year in a row, children’s authors will grab the spotlight for an entire day at BEA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: Amazon’s 'Bullying' Dominates Bookseller Sessions

ABA's Oren Teicher speaks out against Amazon’s “bullying assault of a major publisher” at the ABA annual meeting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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A Bustling BEA 2014

The dispute over terms between the Hachette Book Group and Amazon, the viability of the subscription model, and the arrival of BookCon were three of the most discussed topics during BookExpo America which had its 2014 run from May 29 to 31 at New York City’s Javits Center. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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BEA 2014: The Library as Retailer

Six library ebook vendors, one stage, 50 minutes: as you might expect, not exactly the forum to forge a new understanding between libraries and publishers Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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