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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Across Segments and Domains: Projects Showcase: Digital Solutions in India 2014

Sketchy project briefing, messy files, ultra-short turnaround or multiple e-deliverables are all in a day’s work for India-based vendors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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LearningMate’s Analytics Project For Arizona: Digital Solutions in India 2014

With more than 600 education technologists and software architects on staff, LearningMate has been making fast inroads into big data for education. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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News Briefs: Week of May 12, 2014

Amazon, Hachette scuffle over terms and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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Redefining and Repurposing Content as We Go Along: Digital Solutions in India 2014

Smart and enhanced content. Intuitive and dynamic workflow. Interactive and integrated media. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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A Quiet Start to 2014

In an unusual occurrence, last week five companies with significant trade publishing operations all reported results for the three months ended Mar. 31, 2104. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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Q&A with Dr. Lalit S. Kanodia of Datamatics: Digital Solutions in India 2014

One of the pioneers in the Indian software and offshore services industry, Dr. Lalit S. Kanodia founded Datamatics in 1975, well after his role in setting up Tata Consultancy Services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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Digital Solutions in India 2014: All Our Coverage

Innovative uses for big data, a new products showcase, and much more feature in our latest survey of the Indian publishing technology scene. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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AAP Monthly Statshot, January 2014

Led by a 65.1% increase in ebook sales, January sales jumped 43.7% in the children’s/young adult category compared to January 2013, according to figures in AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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Accessibility: Where Are We Now? Digital Solutions in India 2014

Accessibility has always been a goal for IDPF (International Digital Publishing Forum), dating back to its foundation in 2000. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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Authors on the Air May 9, 2014: Dari Alexander and Ryan Porter

Dari Alexander, author of "The Quick and Clean Diet: Lose the Weight, Feel Great, and Stay Lean for Life" (Globe Pequot/Skirt, 9780762791934), will host a special called “Body and Soul with Dari Alexander" on Fox News on Friday, May 9. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-09 00:00:00 UTC ]
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Authors on the Air May 8, 2014: Cathy LaGrow

Cathy LaGrow, author of "The Waiting: The True Story of a Lost Child, a Lifetime of Longing, and a Miracle for a Mother Who Never Gave Up" (Tyndale Momentum, 9781414391908), will appear on NBC's "Today" on Friday, May 9. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-08 00:00:00 UTC ]
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This Week in Children's Apps: May 8, 2014

This week in children's apps, we feature a Berenstain Bears app just in time for Mother's Day, and three new apps based on the Totally Monster book series. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-08 00:00:00 UTC ]
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Job Moves: May 8, 2014

Molly Lindley has left Simon & Schuster, where she was an associate editor, to pursue freelance editing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-08 00:00:00 UTC ]
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Job Moves: May 7, 2014

Jacob Dalborg is succeeding Hartmut Jedicke as board chair for Bonnier in Germany and U.K. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
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Authors on the Air May 7, 2014: Jessye Norman

Jessye Norman, author of "Stand Up Straight and Sing!" (Houghton Mifflin Harcourt, 9780544003408) will appear on Katie Couric's "Katie" on Wednesday, May 7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
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Harlequin posts drop in Q1 revenues

Harlequin has posted a drop in revenues and earnings in the first quarter of 2014. Parent... Continue reading at The Bookseller

[ The Bookseller | 2014-05-07 00:00:00 UTC ]
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Job Moves: May 6, 2014

Liz Perl has been promoted to executive v-p, marketing for Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-06 00:00:00 UTC ]
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Authors on the Air May 6, 2014: Lisa Lillien

Lisa Lillien, author of "The Hungry Girl Diet: Big Portions. Big Results. Drop 10 Pounds in 4 Weeks" (St. Martin's Griffin, 9780312676797), will appear on NBC’s "Today Show" on Wednesday, May 7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-06 00:00:00 UTC ]
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Job Moves: May 5, 2014

Emma Ledbetter has been promoted to associate editor at Atheneum Books for Young Readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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Get Your Grill On: New BBQ and Grilling Cookbooks for Summer 2014

From low-and-slow barbecue to cooking pizzas or tempeh on the grill, there’s a bounty of cookbooks arriving this spring and summer to satisfy readers who have been itching to fire up the grill all winter. Here’s a rundown of what’s available. Continue reading at Publishers Weekly

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