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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EU Publishers Blast Apple's IPad Subscription Plan

European publishers have added their voice to the chorus of criticism of Apple’s plans for iPad newspaper subscriptions. Continue reading at PC World

[ PC World | 2011-02-10 00:00:00 UTC ]
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National Maritime Museum looks to move into publishing

Written By: Lisa Campbell Publication Date: Thu, 10/02/2011 - 16:00 The National Maritime Museum is looking to publish its "unrivalled" archive of images. The London-based museum has appointed the Creative Rights Agency to pursue publishing opportunities and also seek product licensees for the... Continue reading at The Bookseller

[ The Bookseller | 2011-02-10 00:00:00 UTC ]
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Digital and Kobo help push sales at Indigo

Written By: Lisa Campbell Publication Date: Wed, 09/02/2011 - 07:00 Profits at Indigo Books & Music have dropped by $4.4m year-on-year in its fourth quarter. The Canadian book retailer reported profits of C$30.1m in the fourth quarter ending 1st January, down from C$34.5m in the same... Continue reading at The Bookseller

[ The Bookseller | 2011-02-09 00:00:00 UTC ]
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Dorchester Media Puts Entertainment, Select Romance Mag Assets on the Block

New York City-based Dorchester Media LLC is fielding offers for the assets of its Lifestyle Entertainment Teen Magazine and Romance Groups. Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-09 00:00:00 UTC ]
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US group eyes Bertelsmann's DirectGroup France

Written By: Barbara Casassus Publication Date: Tue, 08/02/2011 - 15:30 Bertelsmann is negotiating to sell its French subsidiary DirectGroup France to US investment fund Najafi Companies. The fund, which is based in Phoenix, Arizona and was created in 1983, said it was in exclusive negotiations... Continue reading at The Bookseller

[ The Bookseller | 2011-02-08 00:00:00 UTC ]
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[ The Bookseller | 2011-02-08 00:00:00 UTC ]
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At Dealmakers Summit, Execs Imagine the Media Company of the Future

Expect much higher capital expense costs and much greater need for in-house digital development skill. Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-05 00:00:00 UTC ]
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Check Google Books data for errors, publishers warned

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[ The Bookseller | 2011-02-04 00:00:00 UTC ]
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[ Betanews | 2011-02-04 00:00:00 UTC ]
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[ The Bookseller | 2011-02-04 00:00:00 UTC ]
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Media Dealmakers Summit: "The Web Is Dead"

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[ Folio Magazine | 2011-02-04 00:00:00 UTC ]
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Bloomsbury to publish ElBaradei memoir

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[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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Humphreys takes over from Ayrton as Serpent's Tail publisher

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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ Folio Magazine | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ Publishers Weekly | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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[ The New York Times | 2011-01-31 00:00:00 UTC ]
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