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

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


Sphere acquires crime from Hardie

Sphere has acquired two novels by debut author Mark Hardie, who began writing full-time after losing his eyesight in 2002. Jade Chandler, senior editor for Sphere Fiction, acquired UK and Commonwealth rights to Burned and Broken and its sequel from Juliet Mahony and Sarah Lutyens at Lutyens... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Tinder Press acquires Bishop début

Tinder Press has acquired a UK début by Australian author Stephanie Bishop. Publisher Mary-Anne Harrington bought British Commonwealth rights, excluding Australia New Zealand, to The Other Side of the World from Airlie Lawson at Hachette Australia.  The novel tells the story of a fractured... Continue reading at The Bookseller

[ The Bookseller | 2015-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #excluding australia #hachette australia #tinder press


HC Children’s acquires Derek Landy trilogy

HarperCollins Children’s Books has acquired a YA trilogy from Derek Landy, the author of the Skuldugerry Pleasant series. The first book, Demon Road, is about a 16-year-old teenager called Amber and her friend Milo who undertake an epic road trip, encountering killer cars, vampires, undead... Continue reading at The Bookseller

[ The Bookseller | 2015-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hc children #harpercollins children #ya trilogy #derek landy #hit bookshops


Granta acquires two from Steavenson

Granta Books has signed two books from New Yorker writer Wendell Steavenson. Laura Barber signed rights from Anna Webber at United Agents, on behalf of Bill Clegg at the Clegg Agency, following an auction. The two books are Three Days in Paris, an on-the-ground account of the Charlie Hebdo... Continue reading at The Bookseller

[ The Bookseller | 2015-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #granta books #granta acquires #anna webber #united agents #bill clegg #clegg agency


MCB acquires YA debut from Reuter Hapgood

Macmillan Children’s Books has acquired a YA romance from journalist Harriet Reuter Hapgood for a six-figure sum.   The Square Root of Summer is described as a YA contemporary with a twist, in which seventeen-year-old physics prodigy Gottie Oppenheimer navigates a summer of grief, trying to... Continue reading at The Bookseller

[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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US publisher Lerner acquires Egmont USA’s list

Minneapolis-based Lerner Publishing Group has acquired nearly 100 Egmont USA titles, following Egmont’s decision to close its US office. Lerner said it has published Egmont’s remaining US assets, including books by Ilsa J Bick, Patrick Jennings, Jon and Pamela Voelkel, Lex Thomas and Len... Continue reading at The Bookseller

[ The Bookseller | 2015-02-27 00:00:00 UTC ]
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Why the future of digital publishing is like cable TV

The future of platforms like Facebook and Twitter is like cable providers, and publishers will be like networks, publishing content directly on platforms -- and relying on the platforms, to a large extent, for monetization. Jon Steinberg, CEO of North America of Daily Mail, sees Snpachat... Continue reading at Digiday

[ Digiday | 2015-02-26 00:00:00 UTC ]
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Over a million Wordpress sites at risk thanks to WP-Slimstat plugin

Wordpress is one of the most popular Web publishing platforms. The vast catalog of plugins is part of what makes Wordpress so powerful, but it can also be the Achilles heel. According to security researchers at Sucuri there are a million-plus Wordpress sites exposed to serious risk, thanks to a... Continue reading at PC World

[ PC World | 2015-02-26 00:00:00 UTC ]
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BBC future report: collaborate with regional newspaper publishers

MPs urge public service broadcaster to back commercial press with licence fee moneyAre we about to see the BBC and the regional press, to use my colleague John Plunkett’s endearing phrase, “getting into bed with each other”?Clearly, the MPs want to see the public service broadcaster and... Continue reading at The Guardian

[ The Guardian | 2015-02-26 00:00:00 UTC ]
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Lerner Acquires Egmont USA Titles

Under the deal, Lerner will fold the Egmont USA titles into different imprints including Carolrhoda Books, Carolrhoda Lab, Darby Creek, and Millbrook Press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-25 00:00:00 UTC ]
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New Delhi World Book Fair Reaches One Million Consumers

The 9-day New Delhi World Book Fair drew more than 1,100 exhibitors and a million visitors to buy books at what has become one of Asia's key book fairs. The post New Delhi World Book Fair Reaches One Million Consumers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-02-24 00:00:00 UTC ]
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EBSCO acquires YBP

EBSCO Information Services has bought YBP Library Services. Ahead of a public announcement, EBSCO - headquartered in Ipswich, Massachussetts - revealed the buy to customers, saying: "This acquisition ensures YBP's continuing role as the primary book supplier to academic libraries in the years... Continue reading at The Bookseller

[ The Bookseller | 2015-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #academic libraries


Livingly Media Sells to European Publishing Group for $25 Million

Price could escalate to $50 million over the next four years. The post Livingly Media Sells to European Publishing Group for $25 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-02-19 00:00:00 UTC ]
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Blink acquires former boxing promoter Kellie Maloney's memoir

Blink Publishing has acquired world rights to the autobiography of former boxing promoter, Kellie Maloney. Clare Tillyer, acquisitions and rights director, acquired the book, titled Frankly Kellie, from Tim Bates at Pollinger Limited. Continue reading at The Bookseller

[ The Bookseller | 2015-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #blink publishing #clare tillyer #rights director #tim bates #pollinger limited


Little Tiger acquires debut picture books

Little Tiger Press has acquired two picture books from debut writers; Katie McGinty Wants a Pet and Pirates in Pyjamas by Caroline Crowe. Katie McGinty Wants a Pet is about a girl who wants an unusual pet and was written by Jenna Harrington, who works in the sales department at Little Tiger... Continue reading at The Bookseller

[ The Bookseller | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #picture books #debut writers #sales department #tiger group #world rights #languages directly


Orion Children’s acquires new Lawrence series

Orion Children’s Books has acquired a new adventure series by Caroline Lawrence, author of The Roman Mysteries books, set in Roman Britain. Editor Felicity Johnston acquired the world rights to four books, excluding the US and Canada, from Clare Pearson at Eddison Pearson. The series, entitled... Continue reading at The Bookseller

[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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Self-published Rodgers hits a million in sales

Self-published author Sheila Rodgers has sold a million copies of her ebook Only the Innocent and two sequels, agent Lizzy Kremer has confirmed. Rodgers, who writes under the pen name Rachel Abbott, sold her books through Amazon Kindle after being rejected by literary agents. The first, Only... Continue reading at The Bookseller

[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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Profile Books acquires Third Millennium Information

Profile Books has purchased the business of specialist publisher Third Millennium Information Ltd for an undisclosed sum.  Profile assumed responsibility for Third Millennium publishing from the beginning of this month.  Continue reading at The Bookseller

[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Faber acquires Langlands debut

Archaeologist and BBC presenter Alex Langlands is writing a book arguing that making things is good for the soul. Walter Donohue at Faber & Faber commissioned Cræft, spelt the Anglo-Saxon way, in a deal with Patrick Walsh at Conville & Walsh. Langlands has presented programmes for the... Continue reading at The Bookseller

[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Rowman & Littlefield Acquires Gooseberry Patch

Rowman & Littlefield has acquired the assets of Gooseberry Patch, the Columbus, Ohio-based publisher best known for its family-friendly cookbooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-02 00:00:00 UTC ]
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