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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Authors on the Air April 25, 2014: Annabelle Gurwitch, Norman Van Aken, Ron Capps

Annabelle Gurwitch, author of "I See You Made an Effort: Compliments, Indignities, and Survival Stories from the Edge of 50" (Blue Rider, 9780399166181), will appear on "Real Time with Bill Maher" on Friday, April 25. Continue reading at Publishers Weekly

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

America’s premier book event, BookExpo America, continues to evolve, and is in every way reflective of the evolving industry it serves. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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BEA 2014: BookCon’s Debut

With the advent of BookCon, Day 3 at BEA has shed its image of empty aisles and vacant-eyed exhibitors scheming to pack up early. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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BEA 2014: Children’s Galleys to Grab

Some publishers use BEA as an opportunity to showcase an entire catalogue’s worth of ARCs; others focus their giveaways on just a few key titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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BEA 2014: Adult Galleys to Grab

It’s BEA time again, and we can’t wait—for all of it: the tote bags, the crowds snaking through the aisles for James Patterson’s latest, the cafeteria food, the bathroom lines, the name tags, the debut authors dizzy with success, and, most of all, the coveted galleys. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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Teresa Rolfe Kravtin: PW 2014 Rep of the Year

This year’s PW Rep of the Year award winner, Teresa Rolfe Kravtin, a commission rep with Southern Territory Associates since 2002, owes it all to Faith—or at least a good part of it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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BEA 2014: A Busman’s Holiday

As Joe Fox told Kathleen Kelly in You’ve Got Mail, it would be a shame to miss New York in the spring—particularly New York City’s bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
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WBN 2014: Walking the Lighthouse Road Along Lake Superior

While World Book Night this year didn't go exactly as PW's Midwest correspondent anticipated it would go, missions were accomplished yesterday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-24 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, April 23, 2014

Response to "God and the Gay Christian" kicks off new Southern Baptist imprint; awards and honors; Logos offers Episcopal Church titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-23 00:00:00 UTC ]
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Authors on the Air April 23, 2014: Jason Padgett

Jason Padgett, author of "Struck by Genius: How a Brain Injury Made Me a Medical Marvel" (Houghton Mifflin Harcourt, 9780544045606) will appear on "CBS This Morning" on Thursday, April 24. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-23 00:00:00 UTC ]
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"Diverse" shortlist for 2014 Caine Prize

The shortlist for the 2014 Caine Prize for African writing includes two writers from Kenya, and... Continue reading at The Bookseller

[ The Bookseller | 2014-04-23 00:00:00 UTC ]
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2014 Pannell Award Winners Revealed

Devaney Doak & Garrett Booksellers and 4 Kids Books & Toys took home the honors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-22 00:00:00 UTC ]
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It is Written: News in Bibles and Sacred Texts, April 21, 2014

Two familiar Bible stories get do-overs in newly illustrated children's picture books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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Cookbook Deals for April 2014

This month, new cookbook and food writing deals for Rick Bass, Andy Ricker, Tal Ronnen, Amelia Saltsman, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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Authors on the Air April 21, 2014: Douglas Whynott

Douglas Whynott, author of "The Sugar Season: A Year in the Life of Maple Syrup—and One Family’s Quest for the Sweetest Harvest" (Da Capo, 9780306822049) will appear on "CBS This Morning" on Tuesday, April 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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Smorgasbord: Links of Note, Apr. 21, 2014

This week, we're reading about how we eat (vegetarian) now, Dominique Ansel's forthcoming cookbook, the history of the deviled egg, and – speaking of eggs – what to do with all those ones left over from Easter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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2014 WBN Week Kicks Off

World Book Night U.S. has officially kicked off the week of its 2014 campaign, which culminates on April 23 when 25,000 volunteers will give out books nationwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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Reviews of New and Forthcoming Religion and Spirituality Books, April 21, 2014

Pope Francis sounds key themes of his papacy; the nun on the bus encourages activism. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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Boston Creating A Literary Cultural District: Spotlight On New England 2014

As early as this August, Boston could become the first American city with a Literary Cultural District. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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New England’s Literary Leaders: Spotlight On New England 2014

Part of the region’s success in the book world is due to deeply committed men and women from all parts of the industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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