Future Plc Acquires SmartBrief for $45 to $65 Million

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: #month period #greater share #magazines division #global circulation #christine shaw— #sectors—claims #professional associations #substantially boost #market position #b2b sector #technology capabilities #earnings enhancing #exciting opportunities #$45 million—funded #digital media

Other Publishing stories related to: 'Future Plc Acquires SmartBrief for $45 to $65 Million'


Naver acquires Wattpad for over $600m

Korean internet giant Naver is to buy Wattpad for stock and cash, valuing the company at over $600m.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-20 10:34:27 UTC ]
More news stories like this | News stories tagged with:


UK: Welbeck Acquires Australian Illustrator Robert Ingpen’s Backlist

en titles from illustrator Robert Ingpen now form the basis of a new UK children's book publishing imprint, Welbeck Children's Classics. The post UK: Welbeck Acquires Australian Illustrator Robert Ingpen’s Backlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-01-14 17:48:52 UTC ]
More news stories like this | News stories tagged with: #children's book #welbeck children #post uk #uk children


Boiler House acquires Pester's 'unsettling' short stories

University of East Anglia publisher Boiler House Press is to publish Ben Pester’s debut short story collection Am I in the Right Place?  Continue reading at The Bookseller

[ The Bookseller | 2021-01-13 04:00:35 UTC ]
More news stories like this | News stories tagged with: #short stories


Scholastic UK acquires book from Mangan siblings

Scholastic UK has acquired Escape the Rooms, the "dazzling" children’s book debut from actor Stephen Mangan, illustrated by his sister Anita Mangan. Continue reading at The Bookseller

[ The Bookseller | 2021-01-13 03:30:19 UTC ]
More news stories like this | News stories tagged with: #scholastic #children’s book #book debut #scholastic uk


Midas acquires The bks Agency

Cultural communications agency Midas has acquired literary agency The bks Agency. Continue reading at The Bookseller

[ The Bookseller | 2021-01-12 23:35:15 UTC ]
More news stories like this | News stories tagged with: #literary agency #bks agency


Daunt Books Originals acquires 'landmark work' of Black studies professor

Daunt Books Publishing has acquired Ordinary Notes by Christina Sharpe, a work of creative non-fiction about memorial and remembrance.   Continue reading at The Bookseller

[ The Bookseller | 2021-01-11 23:40:05 UTC ]
More news stories like this | News stories tagged with: #books publishing #creative non-fiction


Black Futures Co-Creators to Guest-Curate Facebook App’s Lift Black Voices Section

Kimberly Drew and Jenna Wortham, co-authors of visual anthology Black Futures, will become the first-ever guest curators of the Lift Black Voices section in its flagship mobile applications. Starting Monday and lasting for three weeks, they will personally select collections of dialogues, essays... Continue reading at AdWeek

[ AdWeek | 2021-01-11 18:55:42 UTC ]
More news stories like this | News stories tagged with: #anthology #jenna wortham #kimberly drew


Does DC Have a Future in Comics?

Early in 2020 DC parted ways with longtime DC universe copublisher Dan DiDio. That turned out to be the first act of a major housecleaning. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-08 05:00:00 UTC ]
More news stories like this | News stories tagged with:


Wiley Buys Open Access Publisher for $298 Million

John Wiley has expanded its presence in the open access field with the acquisition of Hindawi, a London-based scientific research publisher of more than 200 peer-reviewed scientific, technical, and medical journals. Wiley paid $298 million for Hindawi, which had 2020 revenue of $40 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #$40 million #john wiley


Bookouture's Thread acquires memoirs and true crime

Bookouture has acquired four memoirs and its first true crime story for its new non-fiction imprint, Thread. Continue reading at The Bookseller

[ The Bookseller | 2021-01-05 19:04:16 UTC ]
More news stories like this | News stories tagged with: #true crime


Chicago Review Press Acquires Select Fulcrum Titles

Chicago Review Press, a publishing subsidiary of the distributor IPG, has reached an agreement to acquire 126 select backlist titles, as well as a handful of forthcoming books, from Fulcrum Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
More news stories like this | News stories tagged with: #forthcoming books


Obituary: Roland Elgey, 65

Publishing industry veteran Roland Elgey died recently at his home in Scottsdale, Ariz., after an 18-month battle with colorectal cancer. He was 65. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-29 05:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry


The Cold Millions by Jess Walter, Read by a Full Cast

Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Narrator Edoardo Ballerini anchors a full-cast performance of The Cold Millions, a story that... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-28 09:00:55 UTC ]
More news stories like this | News stories tagged with: #audiobook #early 1900s #takes place #featured listens #audiobook clips #audiobook listening #editors recommend #full cast #jess walter #cold millions


AT&T acquires Canada's You.i TV to bolster efforts to get HBO Max into more markets

AT&T’s WarnerMedia has brought on a startup to help it get HBO Max into more places. The entertainment arm of the Dallas company has acquired Canada-based You.i TV, a provider of cross-platform development tools for television and media companies, according to a statement.  Terms were not... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-12-23 22:03:09 UTC ]
More news stories like this | News stories tagged with: #time warner #$35 million #media companies #hbo max


Short Books acquires 'trailblazing' book on glucose and its effects

Short Books will publish a "trailblazing" book about glucose and its effects from biologist and entrepreneur Jessie Inchauspe, founder of the Glucose Goddess Instagram account. Continue reading at The Bookseller

[ The Bookseller | 2020-12-23 09:19:16 UTC ]
More news stories like this | News stories tagged with: #short books


Everything With Words acquires new series from Lambert

Indie publisher Everything with Words has acquired a "beautifully written and compelling" children's series by Richard Lambert. Continue reading at The Bookseller

[ The Bookseller | 2020-12-22 20:33:51 UTC ]
More news stories like this | News stories tagged with: #indie publisher #beautifully written


Del Rey acquires four from Warren

Del Rey, the SFF imprint of Cornerstone, has acquired A E Warren's four-book high-concept science fiction series, described as "Jurassic Park meets Sapiens, set within a bold new imaginative world".  Continue reading at The Bookseller

[ The Bookseller | 2020-12-21 17:20:07 UTC ]
More news stories like this | News stories tagged with: #science fiction #imaginative world #sff imprint #del rey


Aria acquires two more from Baggot

Aria fiction editorial director Hannah Smith has acquired world English rights to two new books by romance author Mandy Baggot.  Continue reading at The Bookseller

[ The Bookseller | 2020-12-21 04:24:16 UTC ]
More news stories like this | News stories tagged with: #romance author #aria acquires


Dialogue acquires Roche's 'nuanced and illuminating' memoir

Dialogue Books has acquired A Working-Class Family Ages Badly: A Memoir of Love and Life Between Two Pandemics by Juno Roche. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 17:09:37 UTC ]
More news stories like this | News stories tagged with: #memoir #dialogue books


Kimberly Drew and Jenna Wortham on Social Media, Black Futurity, and the Archive

Writers Kimberly Drew and Jenna Wortham have edited and brought forth to the world Black Futures, a visually-stunning mixed-media anthology that threads together different facets of Black culture and thought by some of today’s most esteemed poets, artists, academics, and creatives. At its heart,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-11 09:49:52 UTC ]
More news stories like this | News stories tagged with: #anthology #literary hub #jenna wortham #kimberly drew