BuzzFeed valued at $1.5bn in deal to go public via special-purpose merger

News and digital media giant to use special purpose acquisition company (Spac) to go public and to acquire Complex for $300mBuzzFeed, the news, digital media and lifestyle company, has announced plans to become a publicly traded company through a special purpose acquisition company (Spac) that could value the 15-year-old New York-based firm at $1.5bn. Related: Lego aims to woo adult superfans with instore ‘storytelling tables’ Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2021-06-24 16:39:34 UTC ]
News tagged with: #announced plans #digital media

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Special Interest Publications Are Giving Shuttered Print Magazines a New Lease on Life

Like a phoenix rising from the ashes, magazines are being reborn for the newsstands. As more magazines go dark and become digital-only, publishers are finding ways to keep those outlets alive in their original medium as special interest publications. The big magazine publishing houses have been... Continue reading at AdWeek

[ AdWeek | 2019-08-26 22:00:11 UTC ]
More news stories like this | News stories tagged with: #finding ways #magazine publishing


In another post-merger purge, Donna Speciale splits with WarnerMedia

The aftershocks of AT&T’s acquisition of Time Warner continue to rumble through the WarnerMedia unit, as longtime ad sales chief Donna Speciale is parting ways with the company just one week after she closed out the last bit of its upfront business. Speciale, who joined WarnerMedia... Continue reading at Advertising Age

[ Advertising Age | 2019-07-11 01:55:08 UTC ]
More news stories like this | News stories tagged with: #procter gamble #time warner


Book Deals: Week of April 1, 2019

St. Martin’s pays up for a book on the afterlife, Lupita Nyong’o writes a picture book for S&S, Graywolf celebrates 45 years with another from Claudia Rankine, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #picture book #lupita nyong #claudia rankine


Video Briefing: BuzzFeed layoffs prompt new talk of mergers

Media mergers between BuzzFeed and other top digital publishers are exciting to think about. But don't bet on them happening anytime soon. The post Video Briefing: BuzzFeed layoffs prompt new talk of mergers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #video briefing


Future of digital journalism in question as Buzzfeed and HuffPost lay off 1,000

Job losses follow sales or cuts at Mic, Refinery29 and elsewhere, but publishing as a whole had already shrunk sharplyRevenue-per-click, the business strategy that has informed digital publishers for years, was effectively pronounced DOA this week as leading players in a sector once viewed as... Continue reading at The Guardian

[ The Guardian | 2019-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital journalism #business strategy #leading players #latest round


Seventeen Magazine Cutting Publication Schedule to ‘Special’ Issues Only

Seventeen magazine says they will only print special issues next year, timed around news events and "key moments" for readers as Hearst prioritizes growing its brands digitally. "Seventeen is leading an authentic conversation with a growing audience, from social issues to important life advice,... Continue reading at AdWeek

[ AdWeek | 2018-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #seventeen magazine #social issues #key moments #growing audience


Book Deals: Week of October 1, 2018

FSG preempts a narrative nonfiction about four Renaissance queens, S&S nabs an epistolary novel about an underemployed millennial, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #narrative nonfiction #ss nabs


AT&T's Randall Stephenson tries to close the deal on Time Warner merger at antitrust trial

AT&T Inc.’s top executive gave a vigorous defense of the proposed $85.4-billion deal to buy Time Warner, describing it as key to the company’s ability to compete with a new generation of high-tech competitors. “This world is changing fast,” said Randall Stephenson, who took the witness stand... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #4-billion deal #antitrust trial #changing fast #witness stand


BuzzFeed Will Get a Taste of the Chinese Market in a Deal With a Local Media Giant

A few years ago BuzzFeed Inc. posted a picture of a cocktail dress online and asked readers what colors they saw.The photo triggered a raging debate about colors and racked up millions of views for the online publisher. But one question gnawed at BuzzFeed's bosses: how the picture went viral in... Continue reading at Advertising Age

[ Advertising Age | 2018-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #licensing deal #chinese market #asked readers #facebook --


Book Deals: Week of January 1, 2018

Dexter creator Jeff Lindsay sells two titles in a new series to Dutton, Harlequin buys a debut YA fantasy, Library of America picks up an anthology of essays about Peanuts, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #harlequin buys


Solomon calls for changes to special sales deals

The Society of Authors chief executive Nicola Solomon has called on publishers to adhere to a seven-step plan to ensure that special sales or “ultra-high” discounted sales do not damage authors’ overall earnings or the market for full-price sales. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #seven-step plan #special sales #damage authors


Donald Trump says he would block an AT&T-Time Warner merger if elected; deal could come Saturday

Republican presidential nominee Donald Trump said Saturday that his administration would seek to block a massive media merger between AT&T and Time Warner Inc. if he is elected president. The deal, which appears to be imminent, would turn telephone giant AT&T, a company already valued at... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #elected president #time warner


Book Deals: Week of August 1, 2016

Jenna Johnson closes her first acquisition at FSG, Philomel Books’ Jill Santopolo sells her debut, teen comic Ruby Karp gets Obsessed at Running Press, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #running press


Book Deals: Week of February 1, 2016

Carolrhoda Books nabs a debut novel by a screenwriter, Jennifer Alvarez re-ups at HC Children’s Books to continue her equine fantasy series, Bloomsbury gets into the Halo business, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #hc children


NBCUniversal Closing In On a $250 Million BuzzFeed Deal

The media behemoth is also in talks with Vox Media to bring its valuation to $850 million.NBCUniversal is nearing a deal to invest $250 million in BuzzFeed, according to Re/code. The media conglomerate is also deep in negotiations with Vox Media, an investment that would bring the online... Continue reading at Fast Company

[ Fast Company | 2015-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media behemoth #vox media #$850 million #media conglomerate #online publisher


Book Deals: Week of June 1, 2015

Yumi Sakugawa sells an illustrated life and design book to St. Martin's at auction and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #design book


BookShout to Offer E-books to Public Media Via Special Sales

The direct-to-consumer ebook platform specializing in ebook special sales, is partnering with Forest Incentives, a public media distribution vendor, to provide bulk orders of bestselling ebooks to public radio and TV stations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public media #special sales #bestselling ebooks #public radio #tv stations


McDonald's to offer £1 deal on 15m books

McDonald's has launched a two-year children’s books campaign, committing to "hand... Continue reading at The Bookseller

[ The Bookseller | 2013-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books campaign


The 'Nothing Special' Webcomic Has Become Something Special

What started as a hastily scrawled notebook of ideas on creator Katie Cook’s way back from a Chicago comics convention has turned into an immensely popular webtoon—and, soon, a graphic novel series from Ten Speed Graphic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-20 04:00:00 UTC ]
More news stories like this | News stories tagged with: #graphic novel


Brave Books, Kirk Cameron Plan Public Library Events August 5; Public Libraries Need to Prepare

Kirk Cameron is encouraging a national story time event in US public libraries August 5. Here's what library workers need to know. Continue reading at Book Riot

[ Book Riot | 2023-06-05 10:37:00 UTC ]
More news stories like this | News stories tagged with: #brave books #kirk cameron #library workers #public libraries