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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Ben Sevier Up at Hachette Book Group as Hachette UK Gets Restructured

To help achieve Hachette's corporate goal of creating a unified English-language publishing structure, CEO David Shelley has promoted Ben Sevier to head the newly-formed Grand Central Publishing Group, combined the U.K. and U.S. distribution businesses under one leader, and divided Hachette UK... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-07 04:00:00 UTC ]
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At Newfronts, Condé Nast Calls Red Carpet Moments the New Live Sports

Digital media company Conde Nast unveiled a slate of new video programming at its NewFront presentation at Highline Stages in New York this morning, emphasizing its expanded efforts in the world of sports, news and live events. The company, which houses more than a dozen... Continue reading at AdWeek

[ AdWeek | 2024-04-30 18:00:00 UTC ]
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The '90s called. They want their books back

When the graphic novel remake of Ann M. Martin's book Claudia and the Bad Joke was the best-selling kids book in Canada earlier this month, it was time for bookworms to feel their hearts flutter with nostalgia. The original, part of the wildly popular The Baby-Sitters Club series, was published... Continue reading at CBC

[ CBC | 2024-04-26 08:00:00 UTC ]
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Agate Rolls Out Its Publishing Academy

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[ Publishers Weekly | 2024-04-23 04:00:00 UTC ]
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Barnes & Noble Education Strikes New Financing Agreement

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[ Publishers Weekly | 2024-04-17 04:00:00 UTC ]
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Carrie Bloxson Promoted at Hachette Book Group, Hachette UK

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[ Publishers Weekly | 2024-04-16 04:00:00 UTC ]
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Women's Media Group Celebrates 50 Years

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[ Publishers Weekly | 2024-04-02 04:00:00 UTC ]
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‘I will defeat Richard Osman!’: Holly Jackson on being Britain’s top selling female crime author

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[ The Guardian | 2024-03-30 11:00:08 UTC ]
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Q&A: Nielsen’s CEO on Rolling With Massive Changes in 2024

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[ AdWeek | 2024-03-12 10:00:00 UTC ]
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Hundreds of KidLit authors are calling out the SCBWI for its Gaza silence.

Over 500 members of the KidLit community—including Sabaa Tahir, Angie Thomas, and Jason Reynolds—have signed an open letter to the Society of Children’s Book Writers and Illustrators, calling for the organization to break its silence on the ongoing genocide in Gaza, which has so far claimed the... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-04 19:00:45 UTC ]
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Spotify rolls out an audiobook-only subscription

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[ Engadget | 2024-03-01 18:08:29 UTC ]
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Google sued for $2.3bn by European media groups over digital ad losses

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[ The Guardian | 2024-02-28 19:24:36 UTC ]
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After hiring new local executive, Australian startup plans to nearly triple Denver team

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[ Silicon Valley Business Journal | 2024-02-28 13:09:19 UTC ]
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Sales Fell 6.8% at Hachette Book Group in 2023

Revenue at Hachette’s U.S. division fell 6.8% last year and was the weakest performer in Lagardère's publishing group, where total sales increased 2.2%, to €2.81 billion, and profits slipped by €1 million, to €301 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-28 05:00:00 UTC ]
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