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: Vintage Reels: Farran Smith Nehme

Thanks to the parents of Farran Smith Nehme, she became a fan of old movies during her childhood in the 1970s when the family would watch them together on the then burgeoning cable TV stations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Blue Skies Ahead: M.O. Walsh

Louisiana writer M.O. Walsh (known as Neal) wonders whether the Buzz Books editors were confused or had a head injury when they picked his debut novel (My Sunshine Away, Putnam/Amy Einhorn Books, Jan. 2015) to be a BEA Buzz Book. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Ice Cream Flavors Her Plot: Susan Jane Gilman

Susan Jane Gilman always planned to be a novelist, but took a detour to the nonfiction bestseller lists with Undress Me in the Temple of Heaven, Hypocrite in a Pouffy White Dress, and Kiss My Tiara. Her fiction debut, The Ice Cream Queen of Orchard Street (Grand Central, June), is off to a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Wondering On: R.J. Palacio

Wonder, R.J. Palacio’s 2012 debut novel about Auggie, a fifth-grade boy born with a facial deformity who’s attending mainstream school for the first time, made a critical and commercial splash. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Little Booth, Gigantic Books

Even with all the celebrity authors wandering around Javits, it’s impossible to overlook two monumental South Dakota Historical Society Press books about larger-than-life subjects: Pioneer Girl: The Annotated Autobiography of Laura Ingalls Wilder, edited by Pamela Smith Hill, and Love Letters... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Hollywood Comes to North Atlantic: Lincoln MacVeagh

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: The Strength of Friendship: Robyn Carr

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Christian Children’s Books Sell More Widely, Publishers Say

For publishers of religion books aimed at young readers, it's easier than ever to find readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Hale’s Whirlwind Year

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Say No to Stress

When New Zealander Paul Huljich, author of Stress Pandemic: Nine Natural Steps to Break the Cycle of Stress and Thrive (Midpoint Trade, June), struck it rich in 1993 after selling his successful organic food company, Best Corporation, to Dannon for $100 million, he had every reason to be a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: A Quartet of Anniversaries

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Shambhala Boosts Its Roost Line

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Books, Champagne, Therapy

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: Hollywood Comes to North Atlantic

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BEA 2014: A Novel Run for Running Press

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

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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BEA 2014: APAC Celebrates 20 Years

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[ Publishers Weekly | 2014-05-28 00:00:00 UTC ]
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Job Moves: May 28, 2014

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