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 ]
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A literary prizewinner and French bestseller, Riad Sattouff's 'Arab of The Future,' the story of his childhood growing in Syria and Libya, will published by Metropolitan Books in October. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-18 00:00:00 UTC ]
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Despite the much-discussed 15% drop in Christian fiction print unit sales from 2013 to 2014, as reported by Nielsen BookScan, publishers aren’t sounding the category’s death knell yet. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-15 00:00:00 UTC ]
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Macmillan has acquired two books by sports psychologist Professor Damian Hughes. Non-fiction publisher Robin Harvie acquired world rights to The Five Steps to a Winning Mindset and one other book from David Luxton at DLA. Luxton is the author of How to Think Like Sir Alex Ferguson, which was... Continue reading at The Bookseller
[ The Bookseller | 2015-05-15 00:00:00 UTC ]
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Pan Macmillan has acquired a new epic fantasy series in a six-figure deal. Senior commissioning editor Bella Pagan bought world rights to John Gwynne’s standalone trilogy from agent John Jarrold. The trilogy will be set in the same stirring Celtic-inspired world as Gwynne’s first quartet, the... Continue reading at The Bookseller
[ The Bookseller | 2015-05-14 00:00:00 UTC ]
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Virgin Books has acquired the UK and Commonwealth rights to Wildflower, a collection of autobiographical essays by actress and producer Drew Barrymore. In the essays Barrymore, who shot to fame as a child actress when she played Gertie in Steven Spielberg’s "E.T.", writes about incidents from... Continue reading at The Bookseller
[ The Bookseller | 2015-05-14 00:00:00 UTC ]
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Chicken House and production company Altitude Film Entertainment have jointly acquired Moondust by debut writer Gemma Fowler. Chicken House will publish the novel in autumn 2016 and Chicken House and Altitude will develop a film script based on the book. Rights were acquired from film agent... Continue reading at The Bookseller
[ The Bookseller | 2015-05-14 00:00:00 UTC ]
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The $4.4bn purchase by the US telecoms giant will help overcome the ad industry’s biggest problem Verizon buying AOL wasn’t the last deal we in agency land ever expected, but to most it’s come as a bit of a shock. It feels to me more like Apple buying Beats, than Comcast trying to merge with... Continue reading at The Guardian
[ The Guardian | 2015-05-14 00:00:00 UTC ]
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Time Inc., the magazine publisher spun off from Time Warner Inc., is seeking around 450 million pounds ($685 million) for the London headquarters of its U.K. unit, according to two people with knowledge of the matter.The company appointed broker Eastdil Secured to sell the Blue Fin building,... Continue reading at Advertising Age
[ Advertising Age | 2015-05-08 00:00:00 UTC ]
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Canadian bookstore giant Indigo hopes to expand into the US. But its stores will be like no other bookstore in the US: part bookstore, part 'cultural department store.' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-05-07 00:00:00 UTC ]
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Biteback has acquired a memoir from radio presenter Paul Gambaccini about when he was falsely accused of sexual assault. The publisher acquired the UK and Commonwealth rights to Love, Paul Gambaccini, which it describes as a “no-holds-barred story” about 12 months of trauma, from Caroline... Continue reading at The Bookseller
[ The Bookseller | 2015-05-06 00:00:00 UTC ]
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Orion has signed two books by Kate Lord Brown, who has previously been published by Atlantic’s Corvus imprint. Kate Mills, Orion publishing director, acquired the novels from Sheila Crowley at Curtis Brown, for a “good five-figure sum”. The first novel, The Christmas We Met, will be published... Continue reading at The Bookseller
[ The Bookseller | 2015-05-02 00:00:00 UTC ]
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ProQuest will assume ownership and management of Coutts and MyiLibrary, and “form a strategic partnership" with Ingram for print fulfillment. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-01 00:00:00 UTC ]
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Little, Brown Book Group has acquired a new novel by YA Book Prize-shortlisted author Keren David. Cuckoo, which will be published under the Atom imprint, is about a washed-up child star who needs a new home and a new direction, and finds them in unlikely places and through the most improbable... Continue reading at The Bookseller
[ The Bookseller | 2015-05-01 00:00:00 UTC ]
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Woven Digital, the publisher behind Uproxx, views Facebook as its primary video-distribution vehicle. It drew more than 20 million views across 10 videos in April, far more than on YouTube or its own site. While Facebook has yet to introduce a video ad product for publishers, Woven CEO Scott... Continue reading at Digiday
[ Digiday | 2015-04-30 00:00:00 UTC ]
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Just one year after rebranding from Glam Media, Mode Media is bringing all of its brands together on one site where it hopes to build the "largest native feed distribution platform outside of Facebook." At its second Digital Content NewFronts presentation today, Mode unveiled its new... Continue reading at AdWeek
[ AdWeek | 2015-04-29 00:00:00 UTC ]
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A Q&A with James Oseland, EIC, and Ellen Carucci, publisher, of the new eco-lifestyle magazine. The post Past, Present, Future: Behind the Launch of Rodale’s Organic Life appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-04-24 00:00:00 UTC ]
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The sale of nonbook items rose at Books-A-Million in 2014, compared to 2013, as the retailer continued to diversify its inventory mix in response to a decline in print books, the company reported in its 10-K filing with the Securities & Exchange Commission. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
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Over the last decade, publishers have seen many external factors impacting their business models. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
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Scholastic has acquired a royal superhero fantasy adventure series about Prince Alfie, heir to the throne, by TV scriptwriters Mark Huckerby and Nick Ostler. The publisher acquired world rights to two titles in the series and the first book, Defender of the Realm, will be published in 2016.... Continue reading at The Bookseller
[ The Bookseller | 2015-04-22 00:00:00 UTC ]
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Penguin Random House imprint Vermilion has acquired a new book by Brené Brown about overcoming mistakes, called Rising Strong. Susanna Abbott, Vermilion publishing director, and Cathryn Summerhayes of WME agreed the deal for UK and Commonwealth rights. Brown is a research professor at the... Continue reading at The Bookseller
[ The Bookseller | 2015-04-22 00:00:00 UTC ]
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