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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2014 in Digital Publishing: A View from the UK

Numerous experts from the UK publishing scene spoke with The Guardian about what evolution they anticipate for digital publishing in 2014. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-13 00:00:00 UTC ]
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Industry predicts 2014's publishing trends

Emotional women's fiction, yet more psychological crime, talking-point business books and a... Continue reading at The Bookseller

[ The Bookseller | 2014-01-13 00:00:00 UTC ]
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Rebels and mavericks make it into 2014 Dictionary of National Biography

Comedians, punks and sportspeople now among 'notables' in the online reference work, once the preserve of the great and goodThe Dictionary of National Biography has charted the lives of the British establishment for 130 years. But while entry into its prestigious pages after death used to depend... Continue reading at The Guardian

[ The Guardian | 2014-01-11 00:00:00 UTC ]
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News Briefs: Week of January 13, 2014

Holiday retail sales dip at B&N, Nook sales plunge and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-10 00:00:00 UTC ]
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2014 Predictions - Industry leaders share their views

Tom Weldon, c.e.o. Penguin Random House UK Lessons from 2013 include: the shift to online sales... Continue reading at The Bookseller

[ The Bookseller | 2014-01-06 00:00:00 UTC ]
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News Briefs: Week of January 6, 2014

Authors Guild Appeals Google Decision and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-03 00:00:00 UTC ]
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How I love that first new book of 2014!

For some people, the new year arrives when the ball drops in Times Square. But for this devoted book lover, it's not 2014 till that first copyright page says so. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-02 00:00:00 UTC ]
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'Shelf-help' books set to fill publishers' coffers in 2014

New 'intellectually credible' self-improvement books set to outsell celebrity biographies in 2014Sir Alex Ferguson may have the coveted Christmas number one spot with the record-breaking sales of his memoir, My Autobiography. But not even celebrity memoirs are likely to match the publishing... Continue reading at The Guardian

[ The Guardian | 2013-12-29 00:00:00 UTC ]
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See You in 2014

Today is the last regularly-scheduled issue of PW Daily for 2013. We will, of course, send special issues if events warrant. Readers can check the publishersweekly.com Web site for news items and industry updates. We will be back on our regular daily schedule January 2. Happy holidays to all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-23 00:00:00 UTC ]
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6 Media Tech Predictions for 2014

From big data to responsive design to the next iOS, technology has become inextricably linked to publishing. No one has a perfect model for it yet though. In many cases, content has raced ahead of monetization. In other instances, it's reversed. Neither side is stopping to wait for the other to... Continue reading at Folio Magazine

[ Folio Magazine | 2013-12-20 00:00:00 UTC ]
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Time Inc. Eyes Candidates for Chief Revenue Officer, Mulls Cost-Cutting Options

You might think December would be the calm before the storm at Time Inc., which is, to say the least, expecting an eventful 2014. But CEO Joe Ripp is busy this month too.The company, which publishes magazines including People and Sports Illustrated, is slated to spin off from parent Time Warner... Continue reading at Advertising Age

[ Advertising Age | 2013-12-18 00:00:00 UTC ]
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FEP records 2012 publisher revenue decline

Publishers across Europe saw a decline in total revenue in 2012, despite a rise in the number of... Continue reading at The Bookseller

[ The Bookseller | 2013-12-13 00:00:00 UTC ]
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ALA 2014 Preview: Check it out with Michael Kelley: A Deeper Dive

Can metered reading work for library ebooks? Maybe, maybe not. But the world of digital reading demands experimentation, and who better for publishers to experiment with than libraries? Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-02 00:00:00 UTC ]
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ALA 2014 Preview: Let’s Talk It Out

The conference theme of the 2014 ALA Midwinter Meeting, set for January 24–28 in Philadelphia, is “the conversation starts here.” It is a perfectly appropriate theme. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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ALA 2014 Preview: The Librarian’s Guide to Paranoid Behavior

Librarians have always been a wee bit paranoid, but for years our distrust pretty much clustered around two obsessions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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ALA 2014 Preview: Getting Ready to Read

The conversation about the Common Core standards will be a hot topic at this year’s ALA Midwinter Meeting, as many public librarians make efforts to reach their patrons and community members—as well as form partnerships with school librarians—to provide information on the standards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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ALA 2014 Preview: Cut to the Core: On the Front Lines of the Common Core Rollout

In October, we gave what was scheduled to be a one-hour presentation to a group of public librarians and library directors on collaboration between school and public libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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ALA 2014 Preview: Google Books: Eight Years Later...

On November 14, Judge Denny Chin dismissed the long-running Authors Guild suit against Google, ruling that the digitization of books for Google Book Search is fair use. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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ALA 2014 Preview: Meet the Team

At PW, we’ve always served the library community, but you’ve probably noticed that in recent months we’ve ramped up our commitment to covering library news and issues, with a lineup of monthly columnists writing on a broad range of issues affecting libraries and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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