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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Written By: Charlotte Williams Publication Date: Wed, 07/09/2011 - 08:15 Pan Macmillan has acquired a title which has sold, according to the publisher, more than a quarter of a million copies in eight weeks in France and went to number one in the bestseller charts. Editorial director Liz Gough... Continue reading at The Bookseller
[ The Bookseller | 2011-09-07 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 06/09/2011 - 08:30 The Friday Project has acquired ten books by late American author William Wharton, with the deal including his never-before-published Second World War memoir, Shrapnel. read more Continue reading at The Bookseller
[ The Bookseller | 2011-09-06 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 30/08/2011 - 08:00 Hamish Hamilton has acquired Home Boy by H M Naqvi, winner of the inaugural DSC Prize for South Asian Literature in January this year. Publishing director Simon Prosser bought British Commonwealth rights from Margaret... Continue reading at The Bookseller
[ The Bookseller | 2011-08-30 00:00:00 UTC ]
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Publication Date: Tue, 30/08/2011 - 08:40 Puffin is to release an initial print run of half a million copies of the new Wimpy Kid title, Cabin Fever, published on 16th November. The print run is the largest in the history of the children's publisher, and will be Penguin's largest initial UK... Continue reading at The Bookseller
[ The Bookseller | 2011-08-30 00:00:00 UTC ]
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In a move to grow its Technology Group, Penton Media has acquired Nine Lives Media. Continue reading at Folio Magazine
[ Folio Magazine | 2011-08-30 00:00:00 UTC ]
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At no time in its history has the opportunity and danger been greater for Books-A-Million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-08-29 00:00:00 UTC ]
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R.R. Donnelly has added another company, LibreDigital, to its portfolio. Terms of the deal remain undisclosed. Continue reading at Folio Magazine
[ Folio Magazine | 2011-08-18 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Tue, 16/08/2011 - 14:41 Kathryn Stockett has become the first debut author to join the Kindle Million Club after selling over a million copies of her novel The Help (Penguin). Janet Evanovich, Headline Review author of the Stephanie Plum novels, has... Continue reading at The Bookseller
[ The Bookseller | 2011-08-16 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 11/08/2011 - 15:15 Fantasy author Trudi Canavan has become the latest writer to top the landmark figure of one million print book sales through UK Nielsen BookScan. Total sales through Nielsen BookScan to the week ending 6th August 2011 are... Continue reading at The Bookseller
[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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Written By: Benedicte Page Publication Date: Fri, 12/08/2011 - 08:40 The recently appointed children's laureate Julia Donaldson has condemned the "Future Libraries" report as a "cost-cutting exercise" containing among its recommendations some likely to lead to a deterioration of the service.... Continue reading at The Bookseller
[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 11/08/2011 - 08:55 Virago has acquired a second book by Paula McLain, author of this year's The Paris Wife, which told the story of Ernest Hemmingway's first wife. Associate publisher Ursula Doyle acquired UK and Commonwealth rights,... Continue reading at The Bookseller
[ The Bookseller | 2011-08-10 00:00:00 UTC ]
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Magazine publisher Future has appointed a new non-executive chairman, Peter Allen, who will take over from longtime incumbent Roger Parry in the autumn. Continue reading at Media Week
[ Media Week | 2011-08-05 00:00:00 UTC ]
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Written By: Philip Jones Publication Date: Fri, 22/07/2011 - 14:57 Greek bookstore chain Eleftheroudakis has opened a new flagship store in the heart of Athens, replete with an Espresso Book Machine and trained librarians. read more Continue reading at The Bookseller
[ The Bookseller | 2011-07-22 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Fri, 22/07/2011 - 09:32 Books-A-Million has bid for up to 35 US Borders stores in a last-minute offer to try and save part of the 40-year-old bookselling chain. The chain, which also runs stores under the names Books & Co., Bookland and Joe... Continue reading at The Bookseller
[ The Bookseller | 2011-07-22 00:00:00 UTC ]
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Written By: Katie Allen Publication Date: Thu, 21/07/2011 - 12:40 Angry Robot is to publish a debut novel by Canadian writer Madeline Ashby. vN is set in a near-future where robots and humans live side by side, and follows Amy, who has grown up with a cybernetic mother and human father. Alone... Continue reading at The Bookseller
[ The Bookseller | 2011-07-21 00:00:00 UTC ]
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Adding to their rapidly expanding portfolio of e-commerce storefronts, F + W Media acquired The Writers Store. Becoming the 26th store under the F + W umbrella, The Writers Store sells third-party writing and filmmaking tools globally. The Writers Store offers tools, services and exclusive... Continue reading at Folio Magazine
[ Folio Magazine | 2011-07-20 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 20/07/2011 - 10:35 Granta has bought world rights in a book by psychoanalyst and Goldsmiths professor of literature Josh Cohen. Senior editor Bella Lacey signed the deal with Sarah Ballard at United Agents. Grant will publish The Private Life by... Continue reading at The Bookseller
[ The Bookseller | 2011-07-19 00:00:00 UTC ]
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Magazine publisher Future is restructuring its business in the UK and US following a 5% fall in group revenues over the past nine months. Continue reading at Media Week
[ Media Week | 2011-07-15 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Tue, 12/07/2011 - 11:13 Arrow has bought two books by veterinarian turned author Cathy Woodman. Editor Gillian Holmes bought UK, Commonwealth and European rights to the titles from Laura Longrigg at MBA Literary Agents. The first book in the deal will... Continue reading at The Bookseller
[ The Bookseller | 2011-07-12 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 08/07/2011 - 11:00 Arrow has acquired an autobiography of the spiritualist and healer Helen Parry Jones. Editor Gillian Holmes bought UK and Commonwealth rights from Sheila Crowley at Curtis Brown. The book will tell the story of Parry... Continue reading at The Bookseller
[ The Bookseller | 2011-07-08 00:00:00 UTC ]
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