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

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Google sued for $2.3bn by European media groups over digital ad losses

Lawsuit filed by publishers including Axel Springer allege Google ‘abused its dominant position’ in digital ad-techAlphabet’s Google was hit with a €2.1bn ($2.3bn) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the... Continue reading at The Guardian

[ 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

An Australian startup that recently hired a new North American president plans to grow its U.S. headquarters in Denver. The startup is a digital platform that helps privately owned businesses determine their valuation. It also helps create a roadmap for a successful exit, which could include a... Continue reading at Silicon Valley Business Journal

[ 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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SPD to Roll Out New Services with Warehouse Transfer Completed

Small Press Distribution has finished moving 300,000 titles from its former warehouse in Berkeley, Calif., to facilities owned by Ingram and Publishers Storage and Shipping, and has begun a new fundraising effort to help the distributor roll out new services to publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-26 05:00:00 UTC ]
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Counterfeit Books Are a Growing Problem, but a Solution May Be Near

New tools could finally help publishers stem the flow of counterfeit editions online. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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Counterfeit Books Are a Growing Problem, but a Solution May Be Near

New tools could finally help publishers stem the flow of counterfeit editions online. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishers stem #growing problem #counterfeit books


BuzzFeed plans to lay off 16% of employees after selling Complex

Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructureBuzzFeed announced plans to lay off dozens of employees after offloading Complex Networks at a significant discount.The struggling digital media group, which also owns... Continue reading at The Guardian

[ The Guardian | 2024-02-21 22:57:22 UTC ]
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Winter Institute 2024: Bookselling Activists Call for Words and Deeds

At the ABA Community Forum, held at Winter Institute 2024 in Cincinnati on February 14, a developing coalition of booksellers spoke on behalf of Palestinians under fire in Gaza and advocated for diversity, equity, and inclusion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-15 05:00:00 UTC ]
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KKR Is in 'No Hurry' to Sell Simon & Schuster

Pete Stavros, co-head of global equity for KKR, said that it will be at least five years before the private equity firm considers selling Simon & Schuster, which it bought last fall. Stavros added that he has many hopes for what S&S can accomplish before he looks for a new home for the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-15 05:00:00 UTC ]
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Bustle Digital Group Lays Off Fatherly Team, Part of Its Parenting Portfolio

The digital media company Bustle Digital Group (BDG) laid off seven editorial staff of its title Fatherly on Friday and will significantly decrease its editorial output going forward, according to two people familiar with the matter. The decision marks the latest in a... Continue reading at AdWeek

[ AdWeek | 2024-02-12 17:50:23 UTC ]
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Academic Publishing: Springer Nature Has Two New Transformative Agreements

Two state library networks have expanded the portfolio of North American transformative agreements for Springer Nature. The post Academic Publishing: Springer Nature Has Two New Transformative Agreements appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-02-12 17:45:35 UTC ]
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At 75, Thames & Hudson Rolls Out New Publishing Programs, Book Design Prize

The illustrated book publisher will launch a new series of small-format titles, gift program, and book design prize, alongside unique branding, to commemorate its 75th anniversary. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-08 05:00:00 UTC ]
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Independent Publishers Group Finds Some New Directions

The biggest independent book distributor in the U.S. sees opportunities in 2024 both here and in the U.K., where it has finally stabilized the United International Distribution business it bought in 2021—and where a 2023 change in Amazon's sourcing requirements has left a hole CEO Joe Matthews... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-07 05:00:00 UTC ]
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Book Review: ‘I Heard Her Call My Name,’ by Lucy Sante

Lucy Sante recounts the trials and joys of her gender transition in the memoir “I Heard Her Call My Name.” Continue reading at The New York Times

[ The New York Times | 2024-02-03 10:14:55 UTC ]
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After Nearly Four Years, Manhattan's Poets House Reopens

Following the pandemic, a community schism, and a burst water supply line, the nonprofit poetry library has undergone serious renovation and reorganization, staffing up and once again opening its doors to the public. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-30 00:00:00 UTC ]
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When They Got the Call: PW Speaks with the 2024 Newbery, Caldecott, and Printz Winners

We spoke with the three big ALA Award winners about their initial reactions to the news. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-23 05:00:00 UTC ]
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Thousands of KidLit professionals are calling for a ceasefire in Gaza.

Over 2,500 members of the KidLit publishing community have signed an impassioned open letter to President Biden, highlighting the disproportionately large toll Israel’s genocidal war on Gaza has taken on the children of the region, and calling for an immediate and permanent ceasefire. Over 2,500... Continue reading at Literrary Hub

[ Literrary Hub | 2024-01-22 18:19:23 UTC ]
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The Morning After: Is Call of Duty losing its grip on gamers?

A Call of Duty game sells. That’s what it does. And it usually tops the sales charts, almost every year since 2009. However, last year was a bit different: Call of Duty: Modern Warfare III landed in second place. To convey the gravitational pull of CoD, when Microsoft was fighting to buy... Continue reading at Engadget

[ Engadget | 2024-01-19 12:15:26 UTC ]
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Call of Duty didn’t top the yearly sales charts for one of the first times since 2009

Just like death and taxes, you can usually rely on a Call of Duty game to top the sales charts each year. The various entries in Activision’s warfare simulation franchise have mostly done just that, going all the way back to 2009. This year’s a bit different. Call of Duty: Modern Warfare III has... Continue reading at Engadget

[ Engadget | 2024-01-18 19:16:41 UTC ]
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Twitch Quietly Ends Partnerships With Rolling Stone, Complex, Vice

Livestream platform Twitch quietly ended a series of multiyear partnerships in 2023 that it brokered with publishers including Rolling Stone, Complex and Vice, according to three people familiar with the agreements. Twitch invited the publishers to establish channels on... Continue reading at AdWeek

[ AdWeek | 2024-01-18 10:34:51 UTC ]
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