Future plc has acquired Washington, D.C.-based online B2B publisher SmartBrief, the latest move in a string of purchases aimed at expanding the London-based media giant's presence in the U.S. Expected to close on Wednesday, the agreement involves an initial purchase price of $45 million—funded through a combination of debt and $12.8 million in shares—as well as a deferred payment of up to an additional $20 million if SmartBrief meets certain profit targets over the next year. In addition strengthening its B2B capabilities, growing its footprint in the U.S. and shifting more of its revenues toward digital advertising, events and e-commerce—all central aspects of the company's growth strategy under CEO Zillah Byng-Thorne—Future said it was attracted to SmartBrief's proprietary technology, including its CMS, taxonomy search tool, ad server and newsletter tracking system, which it plans to apply to other areas of the company. Following last year's acquisitions of NewBay Media, for $13.8 million, and Purch's consumer media and brand licensing business, for $132.5 million, Future now generates more than half of its overall revenues in the U.S., according to its most recent earnings report, which details the six months ending March 31, 2019. The company claimed £108.7 million ($132.9 million) in revenue over the six month period, of which 52% was derived from its U.S. business, with the remaining 48% coming from the UK. Across both markets, about two-thirds (69.6%) of that... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-07-30 16:09:27 UTC ]
News tagged with:
#greater share
#global circulation
#digital media
21 Black Futures, a new stage anthology by CBC and Toronto's Obisidan Theatre Company, brings together 63 Black artists from across the country to answer the question "What is the future of Blackness?" Its creation also directly addresses, and... Continue reading at CBC
[ CBC | 2021-02-16 09:00:00 UTC ]
More news stories like this | All news stories tagged with:
#anthology
In two moves announced within days of each other, new consolidation can be seen in both nonfiction and in distribution and manufacturing services in publishing. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Leaver: ‘An Excellent Springboard’ ormer Quarto CEO Marcus Leaver and Mark Smith... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-04-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#carlton books
#joined forces
#porter anderson
#mark smith
Montreal-based software company Valsoft Corporation has acquired Above the Treeline, Inc., developer of Edelweiss, the digital workflow platform for booksellers and publishers. The move follows Valsoft's majority stake purchase in publishing software Klopotek in August 2023. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-21 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#expanding role
Barnes & Noble acquired Sterling in 2003, and it was rebranded as Union Square & Co. in January 2022 at the direction of B&N CEO James Daunt. Emily Meehan will continue to head Union Square, which will become part of HBG's Grand Central Publishing Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-19 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#barnes
#union square
#barnes noble
Top countries in terms of visitors to the 43rd Sharjah International Book Fair were the United Arab Emirates, India, Syria, Egypt, and Jordan. The post Sharjah International Book Fair 2024 Reports 1.82 Million Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-11-18 22:28:07 UTC ]
More news stories like this | All news stories tagged with:
#international book
The artificial intelligence firm OpenAI is paying the digital media company Dotdash Meredith a minimum of around $16 million per year to license its content, according to public financial documents from IAC, the parent company of Dotdash Meredith. The figure is a minimum... Continue reading at AdWeek
[ AdWeek | 2024-11-18 09:18:13 UTC ]
More news stories like this | All news stories tagged with:
#digital media
#dotdash meredith
#$16 million
Lil’ Libros, Bitty Bao, and Gloo Books publish board books and picture books that celebrate global identities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-15 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#picture books
The nonprofit celebrates a decade of expanding representation and discusses its next challenges. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-15 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
Penguin Publishing Group will acquire the publishing assets of Amber-Allen Publishing, the independent publisher of personal development books. Upon completion of the deal, the list will be managed by the TarcherPerigee imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-13 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#publishing group
#independent publisher
#tarcherperigee imprint
#publishing assets
Donald Trump made a political comeback, but the ratings didn't. On Tuesday, 42.3 million viewers tuned in to watch presidential election coverage across 18 networks, according to Nielsen Media Research. That's a 25% decline in viewership compared to 2020, which drew 56.9... Continue reading at AdWeek
[ AdWeek | 2024-11-06 23:34:29 UTC ]
More news stories like this | All news stories tagged with:
#nielsen
This week’s Future of TV Briefing recaps the conversation with Whalar’s Emma Harman about the European creator economy during last week’s Digiday Publishing Summit Europe. Continue reading at Digiday
[ Digiday | 2024-11-06 05:01:00 UTC ]
More news stories like this | All news stories tagged with:
#publishing summit
#tv briefing
With search traffic down 25% last month, the U.K. publisher saw Google’s other referral source more than make up the difference, said Reach’s Martin Little at the Digiday Publishing Summit Europe. Continue reading at Digiday
[ Digiday | 2024-10-30 04:01:00 UTC ]
More news stories like this | All news stories tagged with:
#publishing summit
University of Toronto Press has acquired Legas Publishing and its backlist of approximately 225 scholarly books on cultural studies, language arts, and social sciences. It is UTP's fourth acquisition in the past 12 months. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-22 04:00:00 UTC ]
More news stories like this | All news stories tagged with:
#social sciences
The gamble paid off for Vice President Kamala Harris. The Democratic presidential candidate's contentious Wednesday evening interview on Fox News returned nice dividends from a ratings perspective. According to final numbers from Nielsen Media Research, 7.8 million total... Continue reading at AdWeek
[ AdWeek | 2024-10-17 22:55:45 UTC ]
More news stories like this | All news stories tagged with:
#nielsen
The outgoing IPA president reflects on her two-year tenure and her new project promoting reading in Latin America. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-17 04:00:00 UTC ]
More news stories like this | All news stories tagged with:
#book fair
#latin america
The Substance is a satirical body-horror and science fiction film underpinned by feminist critique. Continue reading at The Conversation
[ The Conversation | 2024-09-27 01:41:32 UTC ]
More news stories like this | All news stories tagged with:
#science fiction
Anyone who lived within 2 miles (3.2 kilometers) of the derailment can get up to $70,000 per household for property damage plus up to $25,000 per person for health problems. A federal judge on Wednesday approved a $600 million class-action settlement Wednesday that Norfolk Southern railroad... Continue reading at Fast Company
[ Fast Company | 2024-09-26 13:48:03 UTC ]
More news stories like this | All news stories tagged with:
#pearson
#childhood home
#long haul
#$1 billion
#small town
#coming weeks
Thanks to the new Emmys ratings, ABC was the big winner on Sunday night. According to Nielsen numbers, the 76th Emmys on ABC scored its highest ratings in three years. The latest iteration of the awards show, hosted by father-and-son duo Eugene Levy and Dan Levy, reached... Continue reading at AdWeek
[ AdWeek | 2024-09-16 22:53:47 UTC ]
More news stories like this | All news stories tagged with:
#nielsen
#latest iteration
#highest ratings
#nielsen numbers
#sunday night
#big winner
#emmys ratings
#record low
#abc scored
The heavily-anticipated showdown between Vice President Kamala Harris and former President Donald Trump on Tuesday night was seen by 67.135 million viewers, according to Nielsen Media Research. Hosted by ABC News and simulcast across 17 networks, the Harris/Trump... Continue reading at AdWeek
[ AdWeek | 2024-09-12 14:10:13 UTC ]
More news stories like this | All news stories tagged with:
#nielsen
#abc news
#tuesday night
#presidential debate
Science fiction can be thought of as a film negative of history – a back door into what used to worry people and what gave them hope. Continue reading at The Conversation
[ The Conversation | 2024-09-10 12:27:28 UTC ]
More news stories like this | All news stories tagged with:
#science fiction