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: #greater share #global circulation #market position #b2b sector #digital media

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Charlesbridge Publishing Acquires Move Books

With is acquisition of Move Books, Charlesbridge plans to launch a new middle-grade imprint called Charlesbridge Moves, helmed by Move Books founder Eileen Robinson. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-21 05:00:00 UTC ]
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Sharjah Book Fair Closes With Reported 2.17 Million Visitors

As many as 112 nations reportedly were represented in the 2022 Sharjah International Book Fair attendance, according to organizers. The post Sharjah Book Fair Closes With Reported 2.17 Million Visitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-15 20:02:50 UTC ]
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Why Nielsen rival iSpot is investing millions in TVision alternative panel

TV measurement panel provider TVision has closed an investment round led by iSpot.tv. Continue reading at Advertising Age

[ Advertising Age | 2022-11-15 12:00:00 UTC ]
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Four Ukrainian Writers on Literature, Solidarity, and the Future of Justice

“Words and Bullets” is a project launched by the Ukrainian independent publisher Chytomo and PEN Ukraine with the support of the National Endowment for Democracy (NED). It is a series of interviews with authors and journalists who became soldiers or volunteers following the Russian invasion of... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-07 09:53:45 UTC ]
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How brick-and-mortar retail stores are the digital media channel of the future

Brick-and-mortar stores are being transformed into an interactive digital media and merchandising experience thanks to in-store smart screens. Continue reading at Advertising Age

[ Advertising Age | 2022-11-04 13:00:00 UTC ]
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Penguin Random House’s Bid to Acquire Simon & Schuster Blocked by Judge

The government’s case blocked the merger of two of the United States’ largest publishers and reflected a more aggressive approach to curbing consolidation. It was closely watched by the publishing industry. Continue reading at The New York Times

[ The New York Times | 2022-11-01 01:28:52 UTC ]
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The Millions Top Ten: September 2022

Nagamatsu, Bell, and Batuman continue once again top our bestseller list this month. The post The Millions Top Ten: September 2022 appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2022-10-14 09:54:43 UTC ]
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How Women Writers Speculated Fictional Futures Free From Patriarchal Control

It is a truth universally acknowledged that there are as many definitions of “feminism” and “science fiction” as there are people who identify as feminists and science fiction enthusiasts—in fact, that is part of what makes both of these communities attractive to many people. However, by 1981,... Continue reading at Literrary Hub

[ Literrary Hub | 2022-10-11 08:53:20 UTC ]
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How Retelling Indigenous Histories Create a More Just Future

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[ Literrary Hub | 2022-10-11 08:52:45 UTC ]
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How Lynne Tillman's 'Mothercare' helped me face my aging parents' future

David Ulin talks with Lynne Tillman about "Mothercare," her memoir on managing her mother's decline — just as he begins a similar journey. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-09-29 13:00:09 UTC ]
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Elizabeth Strout has ‘millions of stories to tell’

In "Lucy by the Sea," Lucy Barton returns, this time riding out the pandemic’s early wave with her ex-husband in Maine. Continue reading at The Washington Post

[ The Washington Post | 2022-09-22 15:00:00 UTC ]
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Shares in Marie Claire publisher Future plunge as chief announces departure

More than £300m wiped off market value as company says Zillah Byng-Thorne is to step downFuture, one of Europe’s biggest and most successful digital media companies, has seen more than £300m wiped off its market value after the company said that chief executive Zillah Byng-Thorne is to step down... Continue reading at The Guardian

[ The Guardian | 2022-09-20 11:10:40 UTC ]
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My Cyborg Future: Alice Wong on Prophetic High School Poetry and Processing Pain

“All responses to the world take place within our bodies.” –Gloria Anzaldúa * In putting together my book and making selections from past work, I desperately wanted to include a poem from my high school literary magazine to give readers a glimpse of my inner emo goth self. I emailed a librarian... Continue reading at Literrary Hub

[ Literrary Hub | 2022-09-07 08:52:12 UTC ]
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Publishers on the Future of the Regionals

Large houses and small presses discuss the need for face-to-face fall bookseller gatherings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-26 04:00:00 UTC ]
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Why Publishing Sitcoms Help Me Maintain Hope and Humor for the Future of the Industry

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[ Literrary Hub | 2022-08-18 08:53:31 UTC ]
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Penguin Acquires Rights to 'Super Sema'

Penguin Young Readers Licenses has secured the trade publishing rights for 'Super Sema,' an animated series from licensor Kukua Education Limited that began its second season as a YouTube Original on June 17. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-18 04:00:00 UTC ]
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Mad Cave Acquires Papercutz, the Kids’ Graphic Novel House

Mad Cave Studios, a Miami graphic novel publisher, has acquired Papercutz, the groundbreaking independent children’s graphic novel house founded in 2005 by Terry Nantier and Jim Salicrup. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-17 04:00:00 UTC ]
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Axios to Sell Itself to Cox Enterprises for $525 Million

The digital media company’s founders, Jim VandeHei, Mike Allen and Roy Schwartz, will continue to run the company. Continue reading at The New York Times

[ The New York Times | 2022-08-08 14:16:30 UTC ]
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Dell XPS 13 Plus review: The future is now

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[ PC World | 2022-08-04 10:45:00 UTC ]
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DK Acquires Phonic Books

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[ Publishers Weekly | 2022-08-02 04:00:00 UTC ]
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