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
MPS North America, a wholly owned subsidiary of Delhi-based MPS Limited, has completed the acquisition of EPS (Electronic Publishing Services). Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-08 00:00:00 UTC ]
More news stories like this |
Richard Charkin, CEO of Bloomsbury and future president of the International publishers association, on copyright, authors and international rights. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#richard charkin
#future president
#international rights
Facebook is taking the wraps off its mobile ad network after saying the early results helped lead to big gains for apps like Shazam and game makers like Glu Mobile, the developer behind Kim Kardashian: Hollywood. The company said today that the Facebook Audience Network is now open to all... Continue reading at AdWeek
[ AdWeek | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ad revenue
#in-app purchases
#mobile advertising
#ad server
#drive traffic
#mobile website
If you had $10 million to invest in a new publishing business today, with no limitations or obligations, where would you put your money? That's the question put to an opening panel at Frankfurt Book Fair's digital conference, ConTec. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#betting big
#$10 million
#opening panel
#digital conference
Disney announced a three million copy first print run for 'The Blood of Olympus' by Rick Riordan, the fifth and final installment in the author's Heroes of Olympus series. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#rick riordan
#olympus series
#print run
#final installment
Sheila Levine, associate director and editorial director of the University of California Press until her retirement in 2011, died September 21 after a long struggle with ovarian cancer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#associate director
#california press
#long struggle
#ovarian cancer
A mood of optimism marked the Bookseller Childrens Conference, with sales up 10% and editors pronouncing themselves keen to experiment and push the digital envelopeThe Purcell Room on Londons South Bank was awash with positivity on Thursday, as the Bookseller Childrens Conference celebrated a... Continue reading at The Guardian
[ The Guardian | 2014-09-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#john lewis
#records began
#ya publishing
#strong showing
#picture books
#full disclosure
The Athens (Ohio) NEWS, a twice-weekly newspaper launched in 1977 by Bruce Mitchell, is being sold to Adams Publishing Group (APG) Media of Ohio LLC, a family owned newspaper company with headquarters in Minnesota. Mitchell and ownership ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-09-25 00:00:00 UTC ]
More news stories like this |
Hearst CTO Phil Wiser described how the company plans to catch up to its audience, 50 percent of which is reading on mobile devices. The post Hearst CTO on the publisher’s plans for the future appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2014-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#company plans
#future appeared
#mobile devices
Millennial Media has acquired mobile ad exchange Nexage for $107.5 million in cash and stock to boost its programmatic offerings. Under the deal, Nexage’s real-time bidding tools and mobile Web and app inventory across publishers will be used to build out Millennial’s automated media buying and... Continue reading at AdWeek
[ AdWeek | 2014-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#key reasons
#big brands
#mobile devices
Faber Children’s has acquired the rights to Dave Pigeon by Swapna Haddow, the winner of... Continue reading at The Bookseller
[ The Bookseller | 2014-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#faber children
#swapna haddow
Independent publisher Fat Fox Books has acquired the debut picture book from Wen Dee Tan, who... Continue reading at The Bookseller
[ The Bookseller | 2014-09-16 00:00:00 UTC ]
More news stories like this |
Months after rumors that Byliner, a publisher of digital longform nonfiction and fiction, was having financial problems, digital publishing services vendor Vook has acquired Byliner, which will now be Vook’s first in-house publishing imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#financial problems
Children’s religion publisher B&H Kids has acquired 90 children’s titles from Standard Publishing, including works by such popular authors as Sally Lloyd Jones and Andy Holmes. The deal also covers series like My Goodnight Bible and The Young Reader’s Bible. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#including works
#popular authors
But how much the star will take home from his 160m streams depends on his label and publishing deals Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-09-04 00:00:00 UTC ]
More news stories like this |
Food preservation—whether through fermenting, pickling, canning, or other methods—has seen a remarkable resurgence of late. What’s behind this increased attention, and where is the movement headed? Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-02 00:00:00 UTC ]
More news stories like this |
Bonnier Publishing is on the scout to acquire other publishing companies as it seeks to double... Continue reading at The Bookseller
[ The Bookseller | 2014-09-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bonnier publishing
#publishing companies
Books-A-Million reported that it cut its net loss for the second quarter ended August 2, 2014 to $3.0 million from $9.1 million in the comparable period last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#books-a-million reported
#solid quarter
#net loss
Minnesota-based Capstone Publishing Group has acquired the assets of Engage Literacy, a K-3 literacy program, from Australian-based classroom publisher Hinkler Education. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-26 00:00:00 UTC ]
More news stories like this |
Continuing the trend of iconic comic books selling for house-in-the-Hamptons levels of cash, a nearly perfect copy of Action Comics No. 1 (aka the first appearance of Superman) sold for a record-breaking $3.2 million last night on eBay. Continue reading at Wired
[ Wired | 2014-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#action comics