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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Now that the early enthusiasm behind generating magazine apps for tablet and smart phone devices has settled into a more or less pragmatic approach for publishers, a nagging question is bubbling ever closer to the top of digital content development efforts for the mobile platform: HTML5 or... Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-21 00:00:00 UTC ]
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Analysis: Amazon's admission of selling a million Kindles per week is good news for the ebook market in general. Continue reading at PC World
[ PC World | 2011-12-18 00:00:00 UTC ]
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#ebook market
US retailer Barnes & Noble's e-reading device range, the Nook, will be available in the... Continue reading at The Bookseller
[ The Bookseller | 2011-12-15 00:00:00 UTC ]
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#distant future
F+W Media adds another property to its ever-growing portfolio, acquiring Script Magazine from Final Draft, Inc. For an undisclosed amount, F+W will now have complete ownership of Script content. Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-13 00:00:00 UTC ]
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Google Inc.'s YouTube said it acquired RightsFlow Inc., a small company that tracks and processes royalty payments to songwriters and music publishers. Continue reading at AllThingsD
[ AllThingsD | 2011-12-10 00:00:00 UTC ]
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#music publishers
Ebury has acquired a book for creative cake makers, The Cake Decorating Bible by Juliet Sear, who... Continue reading at The Bookseller
[ The Bookseller | 2011-12-08 00:00:00 UTC ]
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Orion has acquired digital publishing rights to the entire backlist of thriller writer Geoffrey... Continue reading at The Bookseller
[ The Bookseller | 2011-12-08 00:00:00 UTC ]
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#entire backlist
B-to-b content syndication network NetLine Corporation acquires content monetization firm 123LinkIt.com. Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-08 00:00:00 UTC ]
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Two Roads has acquired a historical debut novel, The Stockholm Octavo, set in 18th century Sweden... Continue reading at The Bookseller
[ The Bookseller | 2011-12-06 00:00:00 UTC ]
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#historical debut
More than a third of publishers internationally believe that digital formats will account for at... Continue reading at The Bookseller
[ The Bookseller | 2011-12-05 00:00:00 UTC ]
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The Penguin Group has bought a 45% stake in Brazil's leading trade publisher, Companhia das... Continue reading at The Bookseller
[ The Bookseller | 2011-12-05 00:00:00 UTC ]
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San Francisco, California-based CompareNetworks, which operates online b-to-b marketplaces for the scientific and healthcare industries, has acquired Indianapolis, Indiana-based Russell Publishing, LLC, publisher of titles American Pharmaceutical Review, Pharmaceutical Outsourcing and... Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-01 00:00:00 UTC ]
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Pan Macmillan has bought a novel following five couples in an antenatal class ahead of the births... Continue reading at The Bookseller
[ The Bookseller | 2011-11-30 00:00:00 UTC ]
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Stephenie Meyer's Eclipse, the third book in her bestselling Twilight series, has become the... Continue reading at The Bookseller
[ The Bookseller | 2011-11-23 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 23/11/2011 - 08:05 Faber has acquired a title by debut author Eugen Ruge, winner of this year's German Book Prize. Editor Sarah Savitt bought UK and Commonwealth rights to the title, In Times of Fading Light, from Katie Dublinski at... Continue reading at The Bookseller
[ The Bookseller | 2011-11-23 00:00:00 UTC ]
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Financial Times reaches yet another milestone, now boasting one million registrants for its native web app. Apps.FT.com launched in June, after FT decided to go without Apple for its subscription-based app offering. Continue reading at Folio Magazine
[ Folio Magazine | 2011-11-18 00:00:00 UTC ]
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Japanese e-commerce company Rakuten said on Tuesday that it plans to acquire Canadian ebook and e-reader company Kobo in a bid to expand in the area of media... Continue reading at PC World
[ PC World | 2011-11-09 00:00:00 UTC ]
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Publication Date: Thu, 03/11/2011 - 15:00 Oneworld has acquired the third novel by The Book of Night Women author, Marlon James. Publisher Juliet Mabey acquired UK and Commonwealth rights in a strong five-figure pre-empt from agent Claire Roberts at Trident Media Group. Lined up for... Continue reading at The Bookseller
[ The Bookseller | 2011-11-03 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Tue, 01/11/2011 - 09:35 HarperCollins has bought US religious publisher Thomas Nelson for an undisclosed sum. The deal is expected to go through by the end of the year. Thomas Nelson currently publishes the US bestseller Heaven is for Real. read more Continue reading at The Bookseller
[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 01/11/2011 - 09:30 Harvill Secker has acquired a Swedish crime trilogy by television scriptwriter Alexander Soderberg. Publishing director Liz Foley bought UK and Commonwealth rights, excluding Canada, in the series, The Andalucian Friend,... Continue reading at The Bookseller
[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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#random house