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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Job Moves: March 17, 2014

At Highlights, Jack W. Perry has been named v-p, print and ebook sales, effective March 31 Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-17 00:00:00 UTC ]
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Upcoming Comics Events: March 17, 2014

3/17: Frank Santoro in Columbus, OH; 3/20: Trina Robbins in Pittsburgh, PA; 3/21: Billy Ireland Museum Opening Receptions in Columbus, OH; 3/21-3/23: MegaCon 2014 in Orlando, FL; 3/22: Pittsburgh Indy Comics Expo in Pittsburgh, PA Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-17 00:00:00 UTC ]
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Book Deals: Week of March 17, 2014

Jodi Thomas gets seven figures from Harlequin, Samantha Bee goes middle grade, "distressed baby" mom sells a memoir, and more, in this week's book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-17 00:00:00 UTC ]
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SPX Opens 2014 Ignatz Awards Submissions

Submissions are open for SPX’s 2014 Ignatz Awards, which recognize outstanding comics and cartooning works by small presses and creator-owned projects. Deadline for submissions is June 7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-16 00:00:00 UTC ]
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Authors on the Air March 14, 2014: Ralph Reed

Ralph Reed, author of "Awakening: How America Can Turn from Moral and Economic Destruction Back to Greatness" (Worthy, 9781617952876) will appear on "The Sean Hannity Show" on Monday, March 17. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-14 00:00:00 UTC ]
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Job Moves: March 14, 2014

Mindy Fichter has been promoted to associate director of publicity at DK Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-14 00:00:00 UTC ]
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Submissions for the 2014 Will Eisner Awards

Entries for the 2014 Will Eisner Awards for the best comics and graphic novels published during 2013 are being accepted by Jackie Estrada, administrator of the Eisner Awards under Comic-Con International: San Diego. Deadline for submissions is Monday, March 17, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-14 00:00:00 UTC ]
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PW Picks: Books of the Week, March 17, 2014

This week, "Dr. Jekyll" from Hyde's perspective, wrestling wildlife in the jungle, and Michael Rockefeller's disappearance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-14 00:00:00 UTC ]
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This Week in Children's Apps: March 13, 2014

This week in children's apps, we feature two new Berenstain Bears apps, a noisy Little Critter app, and another app that takes users on a prehistoric adventure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-13 00:00:00 UTC ]
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Librarians Gather In Indy for PLA 2014

Despite a winter storm that snarled travel for some, public librarians have gathered in Indianapolis for three days of panels, networking, and strong slate of author appearances. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-13 00:00:00 UTC ]
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Job Moves: March 13, 2014

Penguin Random House has appointed Steve Connolly as the new managing director for its operations in South Africa. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-13 00:00:00 UTC ]
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Authors on the Air March 13, 2014: Melissa Wardy and Jenni Pulos

Melissa Wardy, author of "Redefining Girly: How Parents Can Fight the Stereotyping and Sexualizing of Girlhood, from Birth to Tween" (Chicago Review Press, 9781613745526) will appear on NBC's "Today Show" on Friday, March 14. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-13 00:00:00 UTC ]
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Job Moves: March 12, 2014

Henry Sene Yee has been named creative director of Macmillan's new imprint, Flatiron Books, in addition to his current role as creative director for Picador Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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Netflix and Spotify help drive UK home entertainment revenues to £5.3bn

New figures show that three-fifths of Britain's video, video games and music sales are now derived from the internetGrowing demand for streaming services such as Netflix and Spotify helped the UK home entertainment sector increase its revenues in 2013 for the first time in five years to £5.3bn,... Continue reading at The Guardian

[ The Guardian | 2014-03-12 00:00:00 UTC ]
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Reviews of New and Forthcoming Religion and Spirituality Books, March 12, 2014

A lyrical memoir about spiritual refueling; a starred review for an examination of the lives of LGBTQ Catholics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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The 2014 Fulfillment Service Bureau Survey

While publishers introduce new products and platforms at a breakneck pace, fulfillment companies are faced with either adapting legacy systems to meet the changing demands, or investing resources in creating solutions from scratch. Their universe is constantly expanding as new players with new... Continue reading at Folio Magazine

[ Folio Magazine | 2014-03-12 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, March 12, 2014

B&H author on Dancing with the Stars; Religion Communicators honor books; Outreach magazine selects winning titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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Authors on the Air March 12, 2014: Paul Brinkley

Paul Brinkley, author of "War Front to Store Front: Americans Rebuilding Trust and Hope in Nations Under Fire" (Turner, 9781118239223), will appear on MSNBC's "Morning Joe" on Thursday, March 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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It is Written: News in Bibles and Sacred Texts, March 12, 2014

A Bible app for kids has been downloaded more than 2 million times; the CEB focuses on women; findings from a new study on the Bible and American life. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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