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 ]
News tagged with: #early days #editorial staff #hearst corp

Other news stories related to: "BuzzFeed to forecast 2014 revenue of up to $120M"


'Cooking the Books,' April 7, 2014: A Note from the Editor

Hello, and welcome to your new 'Cooking the Books.' Beginning with this issue, we'll be landing in your inbox twice every month, bringing you even more news, interviews, deals, reviews, and forward-looking coverage of cookbooks and other writing from the world of food and drink. And as the newly... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
More news stories like this |


ALA Unveils Shortlist for 2014 Andrew Carnegie Medals

The American Library Association has shortlisted six books for the Andrew Carnegie Medals for Excellence in Fiction and Nonfiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
More news stories like this |


Book Deals: Week of April 7, 2014

A memoir for E! News co-anchor and reality star Giuliana Rancic, four new posthumous Robert B. Parker novels, and a multi-book deal for "the female Stephen King" are among this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #multi-book deal #book deals


London Book Fair 2014: At Digital Minds, Publishers Urged to Look Beyond the Book

"We cannot deny we are in an extraordinary transition," said author Anthony Horowitz, opening the sixth annual Publishing for Digital Minds Conference at the London Book Fair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishers urged #digital minds


Smorgasbord: Links of Note, Apr. 7, 2014

This week, we’re reading about the cookbooks of Laurie Colwin and Paula Wolfert, the life of a restaurant sous chef, the current state of craft brewing, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #current state


Tasting Menu: Five Food Books to Watch for in May 2014

From fried chicken to ice-cream sandwiches and the future of the American diet, here are five May books we’re hungry for now. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #fried chicken


London Book Fair 2014: Helping Publishers to Sell Direct: The Qbend Story

Powering more than 50 e-bookstores for publishers specializing in such subjects as fiction, academic, professional and romance has given Qbend COO Kaushik Sampath many unique insights on e-retailing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sell direct #helping publishers


London Book Fair 2014: New Blood

On April 1, Michael Cairns officially replaced the retiring George Lossius as CEO of Publishing Technology. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing technology


London Book Fair 2014: Publishers and Internet Standards

Recently, experts working on ORCID and ISNI, both ISO-standard identifiers, spoke with one of the founders of schema.org to facilitate their use as embedded persona references, particularly through extensions such as BibExtend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #experts working


London Book Fair 2014: The Center of It All

For years, we’ve spoken and written about digital publishing, sometimes as if it was a separate part of the business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital publishing


London Book Fair 2014: Making Digital Pay at Cenveo Publisher Services

For Cenveo Publisher Services, 2014 is the year digital strategies must deliver in terms of profits for its publisher clients. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publisher clients


MediaMashup 2014: Facebook’s New Rules for Engagement

New York—In the 10 years since Facebook launched, it has changed the face of communications and media. In doing so, it also made itself a tool for content publishers for both encouraging engagement and driving revenue. Continue reading at Folio Magazine

[ Folio Magazine | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #driving revenue #content publishers #facebook launched


London Book Fair 2014: Fast-Flowing Streams

Everyone knows that publishing is changing more than at any time since Gutenberg. But is it? I’ve always believed ebooks are much less of a disruption than was supposed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this |


London Book Fair 2014: Open Source for an Open Publishing Ecosystem: Readium.org Turns One

Last month marked the one-year anniversary of the formation of the Readium Foundation (Readium.org), an independent nonprofit launched in March 2013 with the objective of developing commercial-grade open source publishing technology software. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #one-year anniversary #open source #org turns


London Book Fair 2014: Big Data: Should Publishers Even Care?

Like many people across the business world, publishers have a skeptical view of so-called Big Data, seeing it as “the next big hype.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #big hype #skeptical view #business world #big data


Authors on the Air April 4, 2014: Michael Lewis

Michael Lewis, author of "Flash Boys: A Wall Street Revolt" (Norton, 9780393244663) will appear on C-SPAN2's "BookTV" on Saturday, April 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #flash boys #michael lewis


Tips for Librarians: Spanish Books Spring 2014

While many public libraries in the U.S. have been serving Spanish-speaking patrons for years, in some parts of the country libraries are just beginning to engage this part of the community. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #public libraries


London Book Fair 2014: Meeting Publishers’ Digital Needs

The proliferation of digital devices in the classroom and the reinvention of education from traditional models to new, more interactive and individualized means of learning will change education publishing faster and farther than other segments, says executive director Bill McCoy of IDPF. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital devices


News Briefs: Week of April 7, 2014

Buck out, Anastas in as publisher of Aladdin, Simon Pulse and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this |


Is Dawn Finally Breaking For E-books in Spanish? Spanish Books Spring 2014

In recent months, the double-digit sales growth of ebooks in English has begun to plateau, but since the Spanish-language book market tends to be around three to five years behind the English-language market, ebook sales of Spanish books in the U.S. are just beginning to gain traction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #gain traction #ebook sales #english-language market #recent months #spanish books