Collaborative publishing website Medium, which aims to reinvent the blog, secures first external investmentMedium, Twitter co-founder Ev Williams's online publishing venture, has no shortage of ambition – to reinvent the blog as a digital storytelling format and match the impact of the microblogging service, no less.Williams, who launched Medium in August 2012 with Twitter co-founder Biz Stone, has said their aim is "re-imagining publishing in an attempt to make an evolutionary leap" by building a new platform from scratch that would put an emphasis on ideas, stories and collaboration. To achieve this, however, the company will have to get over several hurdles, not least addressing the confusion over Medium's perceived strategy and business model, summed up by Reuters media commentator Jack Shafer, who describes it – while not lacking potential – as up to now being "a mystery wrapped up in a hashtag concealed by a catchy URL".This uncertainty has clearly not put off investors: Medium, which employs 50 full-time staff, announced last week that it had secured its first external investment, a $25m funding round led by Greylock Partners, with participation from Google Ventures and individual investors. Initial funding for the platform came from Williams's investment vehicle The Obvious Corporation.Perhaps this enthusiasm shouldn't be a surprise. As well as co-founding Twitter, Williams launched blog publishing service Blogger in 1999 and Medium is, ostensibly, similar – with... Continue reading at 'The Guardian'
[ The Guardian | 2014-02-02 00:00:00 UTC ]
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Hugo, founder of four Massachusetts bookstores under the HugoBooks umbrella, died on July 27 of heart complications. He was 72. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-12 00:00:00 UTC ]
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HQ is to publish How to Win at Feminism, a satirical book on feminism written by the founders of subversive women’s magazine Reductress. Continue reading at The Bookseller
[ The Bookseller | 2016-08-02 00:00:00 UTC ]
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Former culture minister Ed Vaizey and CILIP c.e.o. Nick Poole have engaged in a Twitter row about the former’s perceived lack of leadership over library policy and "very soft" actions while in the role of libraries minister. Continue reading at The Bookseller
[ The Bookseller | 2016-07-21 00:00:00 UTC ]
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If anyone needed a reminder of how capricious hurdles races can be, two-time Olympic 100-meter hurdles medalist Dawn Harper Nelson was eliminated in the semifinals and American record holder Keni Harrison finished sixth in the final Friday at the U.S. Olympic track and field trials. Brianna... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-07-09 00:00:00 UTC ]
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Publishers have flooded Twitter with video clips this week as they cover police shootings of civilians in Louisiana and Minnesota, and a shooting in Dallas Thursday night that killed five police officers. To help viewers stay informed, Twitter's recently-launched Watch Mode seems to be getting... Continue reading at AdWeek
[ AdWeek | 2016-07-08 00:00:00 UTC ]
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The founders of Alma Books have expressed “shock and dismay” at the "apparent rejection of European values" which has accompanied Britain’s decision to exit Europe, saying that the prospect of the UK closing its borders to the continent is not one they "find easy to countenance". Continue reading at The Bookseller
[ The Bookseller | 2016-07-05 00:00:00 UTC ]
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Storytel’s purchase of Sweden's second largest publishing house, Norstedts, was no surprise to the trade. Continue reading at The Bookseller
[ The Bookseller | 2016-06-24 00:00:00 UTC ]
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Subscription audio- and ebook streaming service Storytel has bought Sweden’s oldest and largest publisher, Norstedts Förlagsgrupp, for £12.5m from Swedish co-operative union and retail group, KF (Kooperativa Förbundet). Continue reading at The Bookseller
[ The Bookseller | 2016-06-23 00:00:00 UTC ]
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Counter to the reported plan at the time of Mofibo's buy by Storytel, the Danish subscription service's high-visibility business development lead, Nathan Hull, has announced he's leaving. The post Ebook Subscriptions: Nathan Hull Departs Mofibo, Following Storytel Buyout appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-06-16 00:00:00 UTC ]
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Quercus has acquired the memoir of Lol Tolhurst, one of the founding members of The Cure. Continue reading at The Bookseller
[ The Bookseller | 2016-06-08 00:00:00 UTC ]
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Finally, some good news for Yahoo: Its home page still sends a lot of traffic to publishers. Yahoo went from being the 16th-biggest referral source for publishers to the third after Google Search and Facebook, now that it's accounting for its dark traffic. The ranking comes from Chartbeat. A big... Continue reading at Digiday
[ Digiday | 2016-06-04 00:00:00 UTC ]
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Gossip site Gawker accuses PayPal founder Peter Thiel of being 'vindictive' and a 'comic book villain' who uses his billions to fund libel suits against the site. Continue reading at BBC World
[ BBC World | 2016-05-27 00:00:00 UTC ]
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Audio book streaming service Storytel has acquired Danish ebook and audio streaming service Mofibo for £10.36m (100m Danish crowns). Continue reading at The Bookseller
[ The Bookseller | 2016-05-21 00:00:00 UTC ]
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A diverse literary lineup, from a children's book writer to a playwright and a well-known journalist, is coming to the Marlborough Book Festival this July. Continue reading at Stuff
[ Stuff | 2016-05-12 00:00:00 UTC ]
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The retiring B&N chairman reflects on his years in the bookselling business, and the big changes that have reshaped the chain in the past decade. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-29 00:00:00 UTC ]
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The founder of Barnes & Noble Inc. has announced that he will retire as executive chairman in September after 45 years with the company. Continue reading at The Bookseller
[ The Bookseller | 2016-04-28 00:00:00 UTC ]
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Len Riggio, who built Barnes & Noble from a single store into the country's largest bricks-and-mortar bookseller, will retire after the company's September annual meeting. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-27 00:00:00 UTC ]
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Storytellers Agency, a literary agency owned by Swedish publishing group Bonnierförlagen and authors Alexandra and Alexander Ahndoril, is being sold to the Salomonsson Agency. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-12 00:00:00 UTC ]
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A show about sensuality that dips into the uncanny. A work of theater that packs a 2-D punch. And early images that captured the electric. Plus: Pieces that play with words and a pop-up storytelling show. “Marilyn Minter: Pretty/Dirty,” at the Orange County Museum of Art. The New York-based... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-04-02 00:00:00 UTC ]
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