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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Random House Children’s Books will increase the first printing for previously undiscovered Dr. Seuss title 'What Pet Should I Get?' to 1 million copies. The post Random House Raises First Printing of New Dr. Seuss to 1 Million appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-04-21 00:00:00 UTC ]
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When the managers of indie giants Garbage asked photographer Pat Pope to use his pictures for no fee, he made a standA professional photographer for more than 20 years, and published in Q, Melody Maker and Rolling Stone, Pat Pope has worked with many of the biggest names in pop and rock music,... Continue reading at The Guardian
[ The Guardian | 2015-04-19 00:00:00 UTC ]
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Open Road Integrated Media has secured rights to a large body of British writer Alan Sillitoe’s work, as well as the rights to his last, unpublished novel, 'Moggerhanger.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-14 00:00:00 UTC ]
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The two spiritual leaders will collaborate on the book to share their perspectives on joy and achieving a meaningful life. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-14 00:00:00 UTC ]
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Technology is being adapted to glean data from users and consumers in a variety of cultural spaces, from bookshops to libraries to museum shops. The post Exploring “Smart Bookstores” and Libraries of the Future appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-04-08 00:00:00 UTC ]
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Mantle has pre-empted a debut novel by Sharon Guskin. Associate publisher Sam Humphreys bought UK and Commonwealth rights to The Forgetting Time from Kerry Nordling for Flatiron Books. Amy Einhorn will publish for Flatiron in the US and Canada. Continue reading at The Bookseller
[ The Bookseller | 2015-04-03 00:00:00 UTC ]
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Powers is the first series to come from Sony PlayStation's original programming push, a partnership with Sony Pictures Entertainment, and it's not rated "E" for everyone. With comic books as its source material, the racy superhero cop drama from crea... Continue reading at Engadget
[ Engadget | 2015-04-01 00:00:00 UTC ]
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Penguin Random House has acquired The NOPI Cookbook by Yotam Ottolenghi and Ramael Scully. The collection of more than 120 recipes from Ottolenghi and collaborator and NOPI head chef Scully will showcase the pair’s favourite recipes from the celebrated central London restaurant. Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Allison & Busby has signed a historical novel from Julian Stockwin. the second in a series of standalone books dramatising pivotal moments. Publishing director Susie Dunlop bought UK and Commonwealth rights, excluding Canada, to The Crakys of War, in a deal with Carole Blake at Blake... Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Pushkin Children’s Books has acquired another book by Tonke Dragt, author of The Letter for the King. Publisher Adam Freudenheim acquired world English rights to the book, which was first published in Dutch in 1966, from Luciënne van der Leije at publishing house Leopold. Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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The 30th session of the International Publishing Association ended May 26 in Bangkok, completing three days of discussions focused on the ever-changing practices that drive global publishing in the digital era. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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Bloomsbury chief executive Nigel Newton has compared the state of publishing to the bus teetering half-way off a cliff edge at the end of the film "The Italian Job", on the opening day of the 30th International Publishers Congress in Bangkok (today, 24th March). But HarperCollins c.e.o. Brian... Continue reading at The Bookseller
[ The Bookseller | 2015-03-25 00:00:00 UTC ]
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Last night’s news about news orgs publishing directly to Facebook wasn’t a surprise, exactly — we’ve known this was in the works for months — but it’s been a good excuse to think about the p ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-03-25 00:00:00 UTC ]
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Scholastic US has acquired a minority stake in Make Believe Ideas (MBI), a UK-based publisher for children aged 0-5, for an undisclosed sum. The companies will showcase a co-branded series – Early Learners ages 0-5 – at the Bologna Book Fair next week and a global English language release is... Continue reading at The Bookseller
[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Orion is to publish a smokehouse cookbook, described by its authors as a “meat-lover’s bible”. Amanda Harris, deputy publisher at Orion Non-Fiction, bought world rights to Let There Be Meat by James Douglas and Scott Munro from Nick Canham at The Richard Stone Partnership. Douglas and Munro... Continue reading at The Bookseller
[ The Bookseller | 2015-03-21 00:00:00 UTC ]
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Longterm subscription funding platform Patreon adds creators after acquiring Subbable, a similiar platform founded by the Green brothers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-19 00:00:00 UTC ]
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Japan's Rakuten, parent company of ebookseller Kobo, has purchased US ebook distributor OverDrive, likely blocking Kindle's further expansion into libraries. The post Rakuten Buys E-book Distributor OverDrive for $410 Million appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-03-19 00:00:00 UTC ]
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Bloomsbury Children’s UK and US divisions will simultaneously publish a new YA novel from Len Vlahos in winter 2017. In House of Stone, fifteen-year-old Jackie's dad is dying of a brain tumour so decides to auction off his life on eBay to a reality TV show producer. Disgusted by the farce the... Continue reading at The Bookseller
[ The Bookseller | 2015-03-17 00:00:00 UTC ]
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Canongate has signed a new work of non-fiction from Man Booker Prize-shortlisted and Orange Prize-winning author Kate Grenville. Editorial director of fiction Louisa Joyner signed UK rights in One Life from Michael Heyward at Text Publishing. The book tells the story of Grenville's mother... Continue reading at The Bookseller
[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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Orion has acquired two new novels by Liz Fenwick for a “good five-figure advance”. Orion Fiction publishing director Kate Mills bought UK and Commonwealth rights to The Returning Tide and another, as-yet-untitled, novel from Carole Blake at Blake Friedmann. Continue reading at The Bookseller
[ The Bookseller | 2015-03-13 00:00:00 UTC ]
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