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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Big Publishers Keep Evolving: Spotlight On New England 2014

New England is home to a number of large and mid-size publishers—the headquarters for Houghton Mifflin Harcourt are there, as is Perseus’s Da Capo Press and part of one of the big five trade houses, Hachette. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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Yankee Ingenuity: Bookselling in New England - Spotlight On New England 2014

New England booksellers long have been in the bookselling forefront: from founding the first regional bookselling group more than four decades ago (the New England Independent Booksellers Association) and the paperback revolution (Paperback Booksmith) to computerized inventory systems... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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PW Picks: Books of the Week, April 21, 2014

This week, Elizabeth McCracken's outstanding story collection, a true story of a changing brain, and a toy figurine with hidden meaning. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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What’s Selling in New England: Spotlight On New England 2014

The reading tastes of New Englanders closely mirrored that of the rest of the country, at least in the first week in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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Cooking Yankee Style: Spotlight On New England 2014

Houghton Mifflin Harcourt’s purchase of John Wiley’s cookbook and reference lines in November 2012 gave a big boost to overall sales at the HMH trade publishing group, but it’s not the only New England publisher with sales that are cooking. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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A Mix of University Press Call New England Home: Spotlight On New England 2014

New England is home not only to some of the oldest and largest university presses in the U.S. but to one of the most unique ones—University Press of New England, which represents a consortium of four colleges and universities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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A Good Time for Independent Presses: Spotlight On New England 2014

Boston-based Beacon Press, the area’s oldest small press, is marking its 160th anniversary this year with a new tag line, “Igniting Hearts and Minds,” and a new colophon that hearkens back to early last century. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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News Briefs: Week of April 21, 2014

Riggio sells chunk of B&N shares and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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Historically Strong Indie Publishers: Spotlight On New England 2014

For more than a decade, PW’s annual fast-growing independent press feature has included a number of New England–based publishers, with 30-year-old Chelsea Green Publishing leading the way. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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New England Has it All: Spotlight On New England 2014

New England may cull up images of bucolic fields, snow-covered mountains, sparkling lakes, and mud season, but it’s also home to a veritable who’s who of bestselling authors ranging from Stephen King, Dan Brown and Henry Louis Gates Jr. to Mary Oliver and Julia Glass. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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This Week in Children's Apps: April 17, 2014

This week in children's apps, we feature an update of a classic app for Easter, and another that takes a trip through the human body with the Cat in the Hat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-17 00:00:00 UTC ]
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Third quarter revenue drop for Haynes

A small frontlist and weak sales for its automotive manuals led to a revenue shortfall of 27% for... Continue reading at The Bookseller

[ The Bookseller | 2014-04-17 00:00:00 UTC ]
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Job Moves: April 16, 2014

David Goldberg, formerly of Norton, has joined David R. Godine Publishing as the director of sales and marketing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-16 00:00:00 UTC ]
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Nominations for the 2014 Will Eisner Comic Industry Awards

Rep. John Lewis’s "March Book One," Isabel Greenberg’s "The Encyclopedia of Early Earth," Adrian Tomine’s “Go Owls,” and Brian K. Vaughan and Fiona Staples’ "Saga," were among the wide-ranging comics works nominated for the 2014 Will Eisner Comic Industry Awards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-15 00:00:00 UTC ]
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Job Moves: April 15, 2014

Jodi Rosoff has joined Grand Central Publishing as publicity and marketing director, Forever & Forever Yours. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-15 00:00:00 UTC ]
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Tartt, Fagin Take 2014 Pulitzers

Donna Tartt's "The Goldfinch" and Dan Fagin's "Toms River" were among the winners of the 2014 Pulitzer Prizes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-14 00:00:00 UTC ]
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Job Moves: April 11, 2014

Tina McIntyre has been promoted to the newly created role of executive director, strategic planning and digital publisher for Little, Brown Books for Young Readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-11 00:00:00 UTC ]
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Crystal, Streep Vie for Top 2014 Audie Honors

The winners will be revealed at on May 29 at the Audie Awards Gala at the New York Academy of Medicine, hosted by author Libba Bray. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-11 00:00:00 UTC ]
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Authors on the Air April 11, 2014: Robert Dawson

Robert Dawson, author of "The Public Library: A Photographic Essay" (Princeton Architectural Press, 9781616892173), will appear on "Weekend Edition Saturday" on Saturday, April 12. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-11 00:00:00 UTC ]
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Book Deals: Week of April 14, 2014

A film-to-book adaptation from Haifaa al Mansour and a new fantasy graphic novel series are among this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-11 00:00:00 UTC ]
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