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: Gardners Muscles Up

The U.K. wholesaler Gardners is fielding its strongest team yet at BEA as it promotes its new U.S. shipping service. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: China Looks Forward to Expanding Communication, Cooperation, and Commerce

Next year China is the guest of honor at Book Expo America’s Global Market Forum and is planning a host of events for the occasion. Vice Minister Wu Shulin details his country’s goals and expectations in this interview with Publishers Weekly. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: A Love Letter to Literature: Azar Nafisi

Readers who were inspired by Azar Nafisi’s paean to literature in Reading Lolita in Tehran—there were enough to keep the book on the New York Times bestseller list for 117 weeks—can rejoice at the appearance of The Republic of Imagination (Viking, Oct.), an homage to American literature and a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Who’s Here for Graphics

The number of comics and graphic novel publishers with stand-alone booths and programming at BEA this year is once again declining, following last year’s trend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Traveling In Time: Emily St. John Mandel

It all began, Emily St. John Mandel says, when she “thought it would be interesting to write about the life of an actor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Buzz Builds for Carnegie Medals

As book lovers gather at Book Expo, the American Library Association invites attendees to visit the Booklist booth (1043) to preview the books on display that are shortlisted for this year’s Andrew Carnegie Medals for Excellence in Fiction and Nonfiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: The Future Isn’t What It Used to Be

Douglas Preston and John Scalzi have a lot in common: their work, of course—they both write speculative and near-future fiction about, as Douglas Preston says, “things we are quite sure will happen.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: DK’s Worldwide Celebration

DK Publishing, with many bestsellers and award winners on its shelves, will celebrate its 40th anniversary in style at BEA this year, with a photo op, champagne toast, raffle, and giveaways. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Welcome to the Wildlife: Tai Moses

It’s probably safe to assume most of you aren’t expecting to encounter any wildlife on the walk or taxi ride from your hotel to the Javits Center. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Food, Current Events, and Sports, Oh, My

Rowman & Littlefield continues to make its mark in three varied areas of interest: food studies, current events, and niche areas of sports. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Browsing the Booths, Chapter 1

Booksellers on the lookout for recent and forthcoming offerings from children’s publishers will catch an eyeful as they roam the aisles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Kudos on Hand-selling Favorites

Children’s authors and books will, as always, be well represented at this year’s Indies Choice Book Awards and E.B. White Read-Aloud Awards ceremony, which takes place during today’s Celebration of Bookselling luncheon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: A Picture Is Worth a...

The view from the 14th floor of Kim Weiss’s South Florida high-rise is spectacular. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: The Search For Identities in Stories: Michael Coffey

After years of trying to write a memoir, Michael Coffey, the outgoing co-editorial director of Publishers Weekly, realized that fiction was the best way to extend ruminations about what it meant for him to be adopted. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Firecrackers Are Back

The Council of Literary Magazines and Presses has teamed up with the American Booksellers Association to revive the Firecracker Awards, which were last given in 2002. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Neil Patrick Harris, Anjelica Huston Speak at Author Breakfast

Neil Patrick Harris, Anjelica Huston, Tavis Smiley, and Lisa Scottoline all spoke at the opening breakfast at BookExpo America 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Headline’s Headliners

For the past eight years, in an annual demonstration of generosity, Headline Books has hosted not only its own authors at BEA but also an array of Next Generation Indie Book Award winners or finalists who are independently published authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: YA Editors Pitch Books at Buzz Panel

A debut, a sequel, the first of a new fantasy trilogy and more were among the books discussed at BookExpo America 2014's YA Editors' Buzz Panel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: More Interactive Fun Ahead: Matthew Van Fleet

Author-artist Matthew Van Fleet has spent some two decades putting innovative spins on novelty elements in picture and board books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Editors Busy Buzzing

BEA attendees faithfully—and eagerly—flock to two panels that have become popular staples of the show’s programming. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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