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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Blumenthal, Kennedy Among 2014 James Beard Foundation Cookbook Award-Winners

The James Beard Foundation announced the 2014 winners of its Book, Broadcast, and Journalism awards at a dinner on Friday that saw British chef/restaurateur Heston Blumenthal win Cookbook of the Year for 'Historic Heston' and Mexican cooking authority Diana Kennedy inducted into the Cookbook... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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2014 O. Henry Prize Winners

The 20 winning stories will be collected into a single volume, published as an Anchor Books trade paperback original on September 9. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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Smorgasbord: Links of Note, May 5, 2014

This week, we're reading interviews with the likes of Ruth Reichl, Myron Mixon, and Diana Kennedy, as well as about how to have your lasagna and eat it, too. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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Religion Update Spring 2014: Books Offering Help with the Practice of Faith Are Ever New

Christian church attendance has fallen from 43% in 2004 to 36% today, according to the March 24 Barna Group research report “Americans Divided on the Importance of Church,” and a lot of those who still go do so less frequently. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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Religion Update Spring 2014: Spiritual Companions

It is timeless and universal,” Sheila Waldman, cofounder of Tristan Publishing, says of the topic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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PW Picks: Books of the Week, May 5, 2014

This week, new Michael Cunningham, a big Michael Jordan biography, and an evil place called the Thickety. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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Job Moves: May 2, 2014

Kristin Spang has been promoted to publishing manager and manager of special initiatives at Penguin. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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Religion Update Spring 2014: A Digital Divide for Religion?

A desire to make spirituality a more integral part of everyday life combined with the technology that makes that easier would seem a match made in, well, at least Silicon Valley, if not somewhere higher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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Religion Update Spring 2014: Love and Marriage, and Kids, and Books, Go Together

The topics of marriage and raising children are both evergreen and ever new for first-timers,” says Philis Boultinghouse, senior editor at Howard Books, a division of Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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News Briefs: Week of May 5, 2014

Change ahead for Frankfurt Book Fair and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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Religion Publishing Update Spring 2014: All Our Coverage

The latest news on religion publishing for spring 2014. New books and apps, author interviews and much more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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Authors on the Air May 2, 2014: Anne Geddes

Anne Geddes, author of "Anne Geddes Little Blessings" (Sourcebooks, 9781402298189), will appear on "CBS This Morning" on Monday, May 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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The 2014 B-to-B CEO Survey

Despite the best guesses of b-to-b publishing CEOs, print revenue isn't going away and digital dollars aren't stacking up as fast as they thought (or, maybe, hoped) they would. Print advertising still accounted for more than half (52.5 percent) of total revenue last year for
the 100-plus... Continue reading at Folio Magazine

[ Folio Magazine | 2014-05-02 00:00:00 UTC ]
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2014 NBA Submission Deadline Nears

The online entry form for submissions for the 2014 National Book Awards closes at midnight on May 15. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-01 00:00:00 UTC ]
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Authors on the Air May 1, 2014: Jennifer Esposito

Jennifer Esposito, author of "Jennifer’s Way: My Journey with Celiac Disease—What Doctors Don’t Tell You and How You Can Learn to Live Again" (Da Capo Lifelong, 9780738217109) will appear on Katie Couric’s "Katie" on Thursday, May 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-01 00:00:00 UTC ]
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Job Moves: April 30, 2014

At Simon & Schuster Children's Publishing, Ellen Grafton has been promoted to assistant managing editor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-30 00:00:00 UTC ]
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Job Moves: April 29, 2014

At Chronicle Books, Sarah Golski has been promoted to managing editor of the lifestyle group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-29 00:00:00 UTC ]
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Authors on the Air April 29, 2014: Max Brooks

Max Brooks, author of "The Harlem Hellfighters" (Broadway Books, 9780307464972), will appear on "Conan" on TBS on Tuesday, April 29. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-29 00:00:00 UTC ]
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2014 Best Translated Book Awards Revealed

László Krasznahorkai was awarded the 2014 Best Translated Book Award for fiction for "Seiobo There Below." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-29 00:00:00 UTC ]
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PW Picks: Books of the Week, April 28, 2014

This week, love and other foreign words, inside the ocean, and malevolent rabbits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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