Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the platform. Founded in 2008 by Portuguese billionaire José Neves, who now serves as the company’s CEO and co-chairperson, FarFetch received an early investment of £234 million ($293 million) from Condé, and in 2017, entered into an affiliate link-based partnership with the publisher in return 6% of its shares. But the publishing house, according to The Times, was disconcerted by the amount FarFetch was spending on its marketing strategy and has since gotten rid of its stake in the company. FarFetch, which makes its money by serving as an intermediary between retailers and consumers, and taking a 25% commission from each sale—similar to Net-a-Porter’s business model—is apparently seeing mounting losses. According to its 2019 Q1 report, the company’s gross merchandise value increased by 44% YOY to $415 million and it saw revenue earnings of $146 million, but its losses after tax rose to $109 million from the $50.7 million loss it saw in the same period last year. Condé chairperson Jonathan Newhouse also stepped down from FarFetch’s board of directors in March. Industry Dive Takes on the Banking Industry On Monday, Industry Dive, the Washington, D.C.-based B2B publisher that covers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
If you're new to audiobooks or unsure if they're for you, try a mystery, thriller, or true crime audiobook to get you started. Continue reading at Book Riot
[ Book Riot | 2022-07-20 10:32:00 UTC ]
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Roughly 100 unionized HarperCollins workers began picketing the publisher's New York headquarters this morning as part of a one-day strike in their fight for a new contract. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-20 04:00:00 UTC ]
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The best YA book deals of the day, sponsored by the audiobook of Wake the Bones by Elizabeth Kilcoyne. `the audiobook of Wake the Bones by Elizabeth Kilcoyne`https://us.macmillan.com/books/9781250855992/wakethebones?utm_source=BookRiot+Hey+YA!+Deals`` Continue reading at Book Riot
[ Book Riot | 2022-07-16 10:30:00 UTC ]
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As HarperCollins union members prepare for a one-day strike on July 20, we look back at our coverage of a 1977 walkout at the publisher, which was then known as Harper & Row. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-15 04:00:00 UTC ]
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HarperCollins wins a British crime thriller debut, Gallery takes on a memoir by a former Scientologist, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-15 04:00:00 UTC ]
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Finding audiobook narrator jobs for beginners can really be hard especially if you don’t know where to start. Here’s where to find them. Continue reading at Book Riot
[ Book Riot | 2022-07-13 10:37:00 UTC ]
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In the wake of the Supreme Court’s June 24 ruling on abortion, Macmillan Audio is publishing an audiobook edition of three key cases. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-12 04:00:00 UTC ]
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A week after authorizing a strike, some 250 unionized employees of HarperCollins said they will hold a one-day strike next Wednesday, July 20. They are requesting a "more accessible, equitable, and just workplace." Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-11 04:00:00 UTC ]
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Audiobook publisher RBmedia has acquired the audiobook business of Upfront Books and the French company Éditions Thélème. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-07 04:00:00 UTC ]
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Today's edition of Daily Deals is sponsored by HarperCollins Children's Books.`HarperCollins Children's... Continue reading at Book Riot
[ Book Riot | 2022-06-30 14:30:15 UTC ]
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Text-to-speech automated audiobook narration arrives at Bookwire, amid the company's insistence on its respect for human narration. The post Germany’s Bookwire Now Offers Artificial Narration for Audiobooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-27 12:12:31 UTC ]
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What makes an audiobook stand out? Is it true that narrators can make or break the story? Some experts offer perspectives. Continue reading at Book Riot
[ Book Riot | 2022-06-17 10:36:00 UTC ]
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Spotify has completed its acquisition of digital audiobook distributor Findaway. The Swedish streaming giant has 422 million monthly active users, and will use the Findaway purchase to speed its growth in the audiobook market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-17 04:00:00 UTC ]
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From the best fantasy narrators to YA audiobook narrators, find the best audiobook narrators by genre to narrate your reading! Continue reading at Book Riot
[ Book Riot | 2022-06-16 10:35:00 UTC ]
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The best YA book deals are sponsored by the audiobook edition of We All Fall Down by Rose Szabo. `the audiobook edition of We All Fall Down by Rose... Continue reading at Book Riot
[ Book Riot | 2022-06-11 10:30:00 UTC ]
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Audiobook sales are up for the tenth straight year. Here are the results from a few studies detailing audiobook listener habits. Continue reading at Book Riot
[ Book Riot | 2022-06-08 17:45:20 UTC ]
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Whether you’re looking for romance, sci-fi, history, contemporary fiction, or fantasy, these queer narrators have you covered, like Avi Roque in Cemetery Boys by Aiden Thomas. Continue reading at Book Riot
[ Book Riot | 2022-06-08 10:32:00 UTC ]
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Growth in audiobook revenue by genre was led in 2021 by romance, self-help, and science-fiction per the Audio Publishers Association. The post Audio Publishers Association: US Audiobook Revenues Reach $1.6 Billion in 2021 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-07 15:41:05 UTC ]
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'We're in a good position,' says Storytel's Yasmina Jraissati, after the audiobook service Storytel's first five years in the region. The post Audiobooks: Storytel’s Yasmina Jraissati on the Format’s Progress in the Arab World appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-03 20:27:27 UTC ]
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Pack those books, queue up an audiobook or two, and make your summer road trip decidedly more bookish with these fun pieces!- Courtney Rodgers Continue reading at Book Riot
[ Book Riot | 2022-05-30 10:31:00 UTC ]
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