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: February 11, 2014

Ali Presley has been promoted to associate director, online marketing at Chronicle Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-11 00:00:00 UTC ]
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Upcoming Comics Events: February 10, 2014

Ant Colony Book Signing in Baltimore, MD; Charles Soule in New York, NY; Prison Pit Book Five Release Party in Los Angeles, CA; .A. Zine Fest in Culver City, CA Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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Taipei 2014: Exhibiting the Unique and Tested

On the second day of TIBE (Taipei International Book Fair), the traffic built up significantly after most Taipei residents returned to town at the end of the Chinese New Year holidays. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
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News Corp reports 4% revenue drop

Rupert Murdoch’s publishing arm, which owns Wall Street Journal and the Times, blames ‘challenging advertising market’Dominic Rushe Continue reading at The Guardian

[ The Guardian | 2014-02-07 00:00:00 UTC ]
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Market Watch: Week of February 10, 2014

Just as the Dow Jones Industrial Average pulled back in January following large gains in 2013, the Publishers Weekly Stock Index also got off to a slow start in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
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February 2014 Audio Books: In the Studio

All-star cast gathers for ‘Suspicious Incidents’ and more in this month's audio book news. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
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Religion Update February 2014: Looking Back, Looking Ahead

Despite mixed fortunes in 2013 in a category that might be feeling digital disruption more than any other, publishers of Christian and inspirational fiction remain optimistic as they look to the coming year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
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Religion Update February 2014: For Christian Fiction Editors, It’s Complicated

Acquiring editors face a daunting task when it comes to Christian and inspirational fiction: find gifted writers with strong voices presenting distinctive stories to lure readers looking for familiar yet unique, similar yet special books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #special books #lure readers #inspirational fiction #daunting task


Religion Update February 2014: Marketers Help Readers Discover Christian Fiction

Someone really ought to weave a tale about selling Christian and inspirational fiction: the overcrowded market, the distracted readers, and the rewards for those who overcome the odds. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
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Taipei 2014: Hosting Friends Near and Far

The fair highlights publishers from Japan, Korea, Singapore and Thailand with a collective display on selected works from other member countries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-06 00:00:00 UTC ]
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Mail Online fuels DMGT ad revenue rise

Daily Mail publisher reports that website's ad revenues increased by 48% to £14m in the final three months of 2013Mail Online's ad revenues increased by almost 50% to £14m in the final three months of last year, more than offsetting a fall in print advertising to keep the Daily Mail titles in... Continue reading at The Guardian

[ The Guardian | 2014-02-05 00:00:00 UTC ]
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Time Inc. Ad Revenue Grows, but Only Because It Bought AmEx Publishing

Time Warner, the media company that owns HBO and the Warner Bros. film studio as well as Time Inc. for a few more months, surpassed analysts' estimates for both fourth-quarter revenue and profit in results reported on Wednesday.Excluding some items, earnings were $1.17 a share, the New... Continue reading at Advertising Age

[ Advertising Age | 2014-02-05 00:00:00 UTC ]
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Netflix to spend $3bn on TV and film content in 2014

On-demand streaming site ended 2013 with net profits of $112m despite rise in cost of international rights and commissioningNetflix is committed to spending almost $3bn on TV and film content in 2014 and more than $6bn over the next three years, as the cost of securing international rights and... Continue reading at The Guardian

[ The Guardian | 2014-02-05 00:00:00 UTC ]
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15 reasons to love BuzzFeed's style guide

From explaining what 'juggalo' means to recipes for sweet potato bourbon noodle kugel, the website's guide is well worth a visitNo, not the Coco Chanel kind of style; the other kind: the writing and editing style that newspapers and websites follow to maintain accuracy, clarity and consistency.... Continue reading at The Guardian

[ The Guardian | 2014-02-05 00:00:00 UTC ]
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The Debrief website aims to be more than 'BuzzFeed for girls'

Bauer Media launches site targeting perceived gap in the market for 'constantly connected, influential, 20-something women'Bauer Media has launched digital brand The Debrief, targeting twentysomething women, with a promise that it is more than "BuzzFeed for girls".The Debrief officially launched... Continue reading at The Guardian

[ The Guardian | 2014-02-03 00:00:00 UTC ]
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Bertelsmann revenues rise in 2013

Penguin Random House’s parent company Bertelsmann has announced preliminary figures for... Continue reading at The Bookseller

[ The Bookseller | 2014-01-31 00:00:00 UTC ]
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News Briefs: Week of February 3, 2014

Investment group buys Recorded Books and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-31 00:00:00 UTC ]
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ALA Midwinter 2014: Abrams Gets in the E-book Game

Digital versions will be available simultaneously with the release of print editions. Libraries can license the titles for a one-year period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #print editions #digital versions #e-book game


ALA Midwinter 2014: Pew Previews Library User Typology

At the ALA Midwinter Conference this past Sunday, Lee Rainie discussed the latest Pew Research Center Library survey and announced plans to develop a widget that will provide librarians with community-specific data. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-28 00:00:00 UTC ]
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ALA Midwinter 2014: On E-books, Librarians Urged to Think Bigger (and Smaller)

At ALA Midwinter 2014, librarians were urged not to be satisfied by recent ebook developments, and to look more deeply at their digital future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-27 00:00:00 UTC ]
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