Digital Publishers Come Together as Group Nine Media, Backed by $100 Million From Discovery

The digital media industry is facing an extremely competitive revenue landscape. In times like this, it's sometimes better to link arms with other, similar, companies, backed by an even bigger, more profitable company.Discovery Communications on Thursday announced a $100 million minority investment in a new entity that will merge three digital media companies -- Thrillist Media Group, NowThis Media, and The Dodo -- with two companies, Seeker and SourceFed Studios, that are already owned by Discovery.The digital media companies will maintain independent editorial operations, which seems to make the deal announced today more of a partnership than an outright merger or acquisition. But the new entity, Group Nine Media, will enjoy a larger consumer reach than any of its individual components, a fact that executives hope will attract advertisers. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-10-13 00:00:00 UTC ]
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Amazon's Jeff Belle announced in a letter to literary agents that Amazon Publishing will begin building a European publishing division in 2013. Hiring will begin in January. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-30 00:00:00 UTC ]
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Minister backs Six Book Challenge expansion

Politicians have backed the Reading Agency's Six Book Challenge in an attempt to improve... Continue reading at The Bookseller

[ The Bookseller | 2012-11-29 00:00:00 UTC ]
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Amazon to begin European publishing push from 2013

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[ The Bookseller | 2012-11-29 00:00:00 UTC ]
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Why Publishers Need to Collaborate with Tech Companies

At the Guadalajara Book Fair, Bill McCoy of the IDPF and Pablo Defendini of Safari Books encouraged publishers to abandon DRM, and set their own prices. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-29 00:00:00 UTC ]
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Digital sales up, physical down for B&N  

Barnes & Noble has grown Nook digital content sales by 38% year-on-year in its second quarter... Continue reading at The Bookseller

[ The Bookseller | 2012-11-29 00:00:00 UTC ]
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Christmas digital consumer campaign from Random House

Random House UK has launched its first digital consumer campaign for Christmas on dedicated... Continue reading at The Bookseller

[ The Bookseller | 2012-11-28 00:00:00 UTC ]
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Simon & Schuster gets wise to self-publishing

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[ Crains New York | 2012-11-28 00:00:00 UTC ]
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In China, 25 Million People Use Only Their Cell Phones to Read Books

Mobile reading may revive entire genres of literature, such as mid-length novels and poems, which have fallen out of favor. Continue reading at The Atlantic

[ The Atlantic | 2012-11-28 00:00:00 UTC ]
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Nosy Crow to publish book of John Lewis Snowman ad

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[ The Bookseller | 2012-11-27 00:00:00 UTC ]
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Hachette produces digital picture books

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[ The Bookseller | 2012-11-27 00:00:00 UTC ]
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Corporate to Startup: The New Publishing Career Path?

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[ Publishing Perspectives | 2012-11-27 00:00:00 UTC ]
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S&S to launch self-publishing service with Author Solutions

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[ The Bookseller | 2012-11-27 00:00:00 UTC ]
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Digital Census 2013: DRM still divisive

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[ The Bookseller | 2012-11-26 00:00:00 UTC ]
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[ The Bookseller | 2012-11-26 00:00:00 UTC ]
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[ The Bookseller | 2012-11-23 00:00:00 UTC ]
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Publishers join in Black Friday offers

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[ The Bookseller | 2012-11-23 00:00:00 UTC ]
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Digital sales up 50% at CUP

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[ The Bookseller | 2012-11-22 00:00:00 UTC ]
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How Any Brand Can Become a Publisher

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[ AdWeek | 2012-11-21 00:00:00 UTC ]
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[ AdWeek | 2012-11-20 00:00:00 UTC ]
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[ Publishing Perspectives | 2012-11-20 00:00:00 UTC ]
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