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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Hanley Wood has agreed to sell its exhibition businesses to Informa, a U.K.-based publishing and events company, for $375 million. The sale is expected to close by the end of 2014. Continue reading at Folio Magazine
[ Folio Magazine | 2014-11-18 00:00:00 UTC ]
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Welsh publisher Firefly has acquired a host of new children’s and YA titles for 2015. In the YA category, the publisher has acquired The Territory by Sarah Govett, a fantasy thriller set in a Britain where most of the land is flooded, and The Boy Who Drew the Future by Rhian Ivory, about two... Continue reading at The Bookseller
[ The Bookseller | 2014-11-18 00:00:00 UTC ]
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Sharing on Facebook makes users 81 times more likely to turn into paying customers, the Futurebook Conference has heard. In a panel entitled What Does the Future Publisher Look Like? Andrew Savikas, c.e.o of Safari Books Online, said: "If you give people the opportunity to share, that makes... Continue reading at The Bookseller
[ The Bookseller | 2014-11-15 00:00:00 UTC ]
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The digital publisher has acquired Coliloquy, a company that produces choose-your-own-adventure enhanced ebooks and apps. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-14 00:00:00 UTC ]
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Random House Children's Books has acquired Now I’m Reading! a step-by-step series that guides beginning readers through to independent reading. The post Random House Kids Acquires Now I’m Reading! Platform appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-11-12 00:00:00 UTC ]
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Judge Naomi Reice Buchwald has denied HarperCollins’ bid to recover more than $1 million in attorney fees from Open Road in its infringement case over an ebook edition of Jean Craighead George's 'Julie of the Wolves.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
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William Sieghart has said that the library service operates "dysfunctionally", and that he is "frightened and worried" for the future of the library network. Continue reading at The Bookseller
[ The Bookseller | 2014-11-06 00:00:00 UTC ]
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The internet powerhouses are using their billions to challenge in sectors far removed from their original business modelsThe webs biggest consumer companies make the bulk of their incomes, and have built up vast assets, from targeted advertising. It accounts for around 90% of Facebooks revenue... Continue reading at The Guardian
[ The Guardian | 2014-11-02 00:00:00 UTC ]
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Bonnier Publishing has acquired Igloo Books, saying the acquisition makes the publisher a "dominant force" in children's mass market publishing. Continue reading at The Bookseller
[ The Bookseller | 2014-11-01 00:00:00 UTC ]
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Only one in seven people think the industry is ready for the next stage in the digital revolution, The Bookseller’s 2014 Digital Census has found. The survey, from over 1,100 respondents and taken between September and October 2014, found that just 14.7% believed the sector is prepared for the... Continue reading at The Bookseller
[ The Bookseller | 2014-10-31 00:00:00 UTC ]
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U.K.-based Bonnier Publishing has acquired Igloo Books in a deal that will make Bonnier one of the five largest children’s publishers in the U.K. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-31 00:00:00 UTC ]
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Hodder & Stoughton has acquired The Catalyst, the first novel in a fantasy crossover series from 15-year-old debut author Helena Coggan. The book, which Coggan started writing when she was just 13, is about teenager Rose Elmsworth, who lives in a world divided into the Gifted (who have... Continue reading at The Bookseller
[ The Bookseller | 2014-10-30 00:00:00 UTC ]
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A ruling by the District Court in Berlin has put an end to one of the most acrimonious power struggles in the history of German publishing and secured the future of one of the country’s best-known literary publishers - Suhrkamp. The company can finally now go ahead with much needed reforms,... Continue reading at The Bookseller
[ The Bookseller | 2014-10-29 00:00:00 UTC ]
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Al Jazeera America has released Terms of Service, an online graphic novel that is the part of the network’s strategy of tapping into new forms of storytelling. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-28 00:00:00 UTC ]
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Angry Robot has made its first acquisition since the company was sold off from the Osprey Group. World English rights were signed in two books by Alyc Helms in a deal from Lindsay Ribar and Stefanie Diaz at Greenburger Associates and Anna Carmichael at Abner Stein. The first title, The Dragons... Continue reading at The Bookseller
[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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Puffin has acquired three more titles in Chris Bradford’s Bodyguard series, about a teenage bodyguard hired to protect the daughter of the US president. Editorial director Amy Alward acquired the world English language rights to books four, five and six from Charlie Viney at The Viney Agency. Continue reading at The Bookseller
[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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Little Tiger has acquired The First Slodge, the new picture book by author Jeanne Willis and illustrator Jenni Desmond. “We constantly look to diversify the Little Tiger list, and create surprising and inspiring picture books,” said publisher Jude Evans. “Jeanne’s text for The First Slodge... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Floris Books has acquired two separate children’s titles from author Cathy MacPhail and her son David MacPhail. Senior commissioning editor Eleanor Collins approached Cathy early in 2013 for a Scottish young teen novel while, independently, David submitted an outline for a series of Viking... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Little, Brown Book Group has acquired the first YA title from adult novelist Alex Wheatle. Liccle Bit is told from the perspective of Lemar, a boy growing up on an inner city estate. Over the course of the book he has to contend with his feelings for the hottest girl in school, as well as the... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Orchard Books has acquired One Thing, a new Charlie and Lola title from author and illustrator Lauren Child. Kate Burns, picture, gift and novelty book publisher at Orchard, said: “Lauren Child fans will not be disappointed. One Thing is perfectly funny, perfectly formed and sees top-negotiator... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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