Economist Group Nears Agreement to Sell CQ Roll Call

The Economist Group is nearing a deal to sell CQ Roll Call to SaaS firm FiscalNote in exchange for an 18 percent stake in the company, according to an announcement released Wednesday. Expected to be finalized later this year, the proposed deal would see the London-based publisher become the largest individual shareholder in FiscalNote, a D.C.-based startup that provides CRM, data and information services to clients "at the intersection of global business and government." Chris Stibbs, CEO of The Economist Group, would join FiscalNote's board of directors. "FiscalNote's technology-driven approach to products and services is the perfect complement to CQ Roll Call's editorial excellence and advocacy services," said Stibbs in the announcement, which added that FiscalNote would "uphold CQ Roll Call's editorial independence while identifying opportunities to adapt and grow in a transforming news landscape." Formed in 2009 when The Economist Group acquired Congressional Quarterly from St. Petersburg Times owner Times Publishing Company and merged it with Roll Call, which it has owned since 1993, CQ Roll Call houses two of the oldest and largest outlets specifically devoted to Capitol Hill. The two publications maintain separate editorial mastheads but a centralized business structure under president Paul McHale. "By acquiring CQ Roll Call, FiscalNote will be positioned to provide best-in-class solutions in the issues management space," added Tim Hwang, FiscalNote's 26-year-old... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-07-25 00:00:00 UTC ]

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OpenAI will train its AI models on the Financial Times' journalism

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Create and sell an e-book for just $25 this January

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Granta’s Best of Young British Novelists – meet the class of 23

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Google will pay News Corp outlets for using their content

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Souvenir Press picks up 'new framework for family life' from Oster

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Frisco social media network raises angel funding from Austin investor

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US publishing bodies protest against Amazon tactics

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On Capitol Hill, an anonymous bookseller called out Amazon.

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Bobit Business Media Sells Automotive Aftermarket Division

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Boston, Philly Mag Owner Brings in New CEO to Navigate Pandemic | People on the Move

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IEEE Spectrum Wins Grand Neal at Virtual Neal Awards Ceremony

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Northstar Travel Eyes International Expansion With Three Acquisitions

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At Le Monde, journalists win a battle for editorial independence

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Melbourne University Publishing CEO quits over 'narrow' new focus

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Economist Group Nears Agreement to Sell CQ Roll Call

The Economist Group is nearing a deal to sell CQ Roll Call to SaaS firm FiscalNote in exchange for an 18 percent stake in the company, according to an announcement released Wednesday. Expected to be finalized later this year, the proposed deal would see the London-based publisher become the... Continue reading at Folio Magazine

[ Folio Magazine | 2018-07-25 00:00:00 UTC ]
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The Week in Libraries: June 29, 2018

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Librarians Set to Descend on Capitol Hill for National Library Legislative Day

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For Libraries, It Was a Good Week on Capitol Hill

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OUP Moves Up Forthcoming Book on Facebook

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