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 ]
News tagged with: #editorial excellence #editorial independence #roll call #capitol hill #decision making #financial terms #proposed agreement

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Obama Bio Selling Briskly at Indies

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[ Publishers Weekly | 2020-11-17 05:00:00 UTC ]
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FutureBook: Abbey calls for industry to expand what it considers 'normal'

The industry needs to expand what it considers "normal", breaking a current way of thinking which considers black authors niche and prevents books representing society, Black Writers' Guild co-founder Nels Abbey has said. Continue reading at The Bookseller

[ The Bookseller | 2020-11-16 16:45:55 UTC ]
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Christie Tate Wrote a Best Seller About Group Therapy. Fellow Members Approved.

She tried her hand at fiction, to no avail. So she wrote a memoir about a circle of strangers instead. Continue reading at The New York Times

[ The New York Times | 2020-11-12 10:00:04 UTC ]
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Rudd and Turnbull will be called to give evidence at Senate inquiry into media diversity

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[ The Guardian | 2020-11-11 08:24:08 UTC ]
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Read one bookstore owner’s impassioned call to help all independent bookstores.

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[ Literrary Hub | 2020-11-10 16:14:32 UTC ]
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[ The Bookseller | 2020-11-10 11:56:02 UTC ]
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Christie Tate’s ‘Group’ is a sometimes salacious look at the secrets of strangers

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[ The Washington Post | 2020-11-06 13:00:00 UTC ]
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[ Publishers Weekly | 2020-11-04 05:00:00 UTC ]
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S&S sells Steadman's middle-grade series in 23 languages

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[ The Bookseller | 2020-11-04 00:06:17 UTC ]
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[ Publishers Weekly | 2020-10-30 04:00:00 UTC ]
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[ Publishers Weekly | 2020-10-30 04:00:00 UTC ]
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[ The Bookseller | 2020-10-27 21:12:52 UTC ]
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Bloomsbury bags 'urgent' non-fiction title from economist Blakeley

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[ The Bookseller | 2020-10-27 18:38:16 UTC ]
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The Salt Lake Tribune Ends Daily Print Edition After Nearly 150 Years

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[ The New York Times | 2020-10-27 14:16:05 UTC ]
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[ The Guardian | 2020-10-22 11:23:42 UTC ]
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‘The Butterfly Effect’ charts Kendrick Lamar’s evolution from platinum-selling rapper to protest artist

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David Grossman calls on writers to bear witness to pandemic

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[ The Guardian | 2020-10-14 12:54:03 UTC ]
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