Future Plc Acquires SmartBrief for $45 to $65 Million

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

Other Publishing stories related to: 'Future Plc Acquires SmartBrief for $45 to $65 Million'


GigiOM Raises $6 Million in Round Led By Reed Elsevier

GigaOM, a media company targeting the tech space, has secured a $6 million round of funding led by Reed Elsevier's investment group Reed Elsevier Ventures. Existing venture partners Alloy Ventures and True Ventures also participated in the round. Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #round led #reed elsevier #tech space #funding led


Brewster's Millions: ALA Preview 2011

At the ALA Midwinter Meeting in San Diego, a standing-room-only panel focused on how ebooks will affect the future of libraries. From research and pilot programs to digitizing efforts, libraries have long helped prepare the way for ebooks. But now that the consumer market for ebooks has taken... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #san diego #panel focused #consumer market


HC acquires Alan Partridge memoir

Written By: Charlotte Williams Publication Date: Fri, 27/05/2011 - 10:50 HarperCollins has acquired a memoir by comedian Steve Coogan of his most famous character, Alan Partridge. The title has moved publishers even before publication, having previously been listed on Nielsen BookData as being... Continue reading at The Bookseller

[ The Bookseller | 2011-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #famous character #alan partridge #neil gibbons


Pan Mac acquires self-publishing star Hocking

Written By: Graeme Neill Publication Date: Tue, 24/05/2011 - 09:38 Pan Macmillan has bought UK and Commonwealth rights (including ebooks) to seven books by self-published US sensation Amanda Hocking. Julie Crisp, editorial director at Tor, bought the rights from St Martin's Press in the United... Continue reading at The Bookseller

[ The Bookseller | 2011-05-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bought uk #million books #julie crisp #st martin #intense auction


Digital in the Black for First Time at Future

Future plc, the U.K.-based enthusiast publisher with a U.S operation in San Francisco, released half-year results for its fiscal 2011 and digital has become the star performer. Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #future plc


Excitement and relief over Waterstone's future

Written By: Benedicte Page and Charlotte Williams Publication Date: Fri, 20/05/2011 - 12:00 Publishers, writers, agents and trade bodies have responded with relief to today’s news of the acquisition of Waterstone’s by Alexander Mamut’s A&NN Group, welcoming the surprise arrival of James... Continue reading at The Bookseller

[ The Bookseller | 2011-05-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #benedicte page #trade bodies #james daunt #retail chains #dominic myers


Sphere acquires Seal Team Six book

Written By: Charlotte Williams Publication Date: Thu, 19/05/2011 - 09:02 Sphere is capitalising on the interest surrounding the US Navy Seals following the assassination of Osama bin Laden and has acquired Seal Team Six by Howard E Wasdin and Stephen Templin. Sphere non-fiction publishing... Continue reading at The Bookseller

[ The Bookseller | 2011-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #navy seals #claire roberts #trident media #scott miller #23rd june


Corvus acquires seven from self-published author

Written By: Charlotte Williams Publication Date: Tue, 17/05/2011 - 08:15 Corvus has acquired seven books from self-published author Nick Alexander, whose title The Missing Boyfriend was in the top 10 in the Kindle paid-for charts for six weeks. Senior editor Laura Palmer bought world English... Continue reading at The Bookseller

[ The Bookseller | 2011-05-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #self-published author #backlist titles


Fourth Estate acquires title by key Egyptian protestor

Written By: Graeme Neill Publication Date: Mon, 09/05/2011 - 15:25 Fourth Estate has bought a book by a former Google executive credited with being among those who helped mobilise the revolutionary Egyptian protests by using social media. Publishing director Jenny Heller and Press Books m.d.... Continue reading at The Bookseller

[ The Bookseller | 2011-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #press books #wael ghonim #inkwell management #one-year anniversary


S&S acquires Wogan's Ireland

Written By: Graeme Neill Publication Date: Mon, 09/05/2011 - 11:48 Simon & Schuster has bought Wogan's Ireland, an illustrated book inspired by broadcaster's Terry Wogan's recent BBC television series about his homeland. Francine Lawrence, editorial director at S&S Illustrated,... Continue reading at The Bookseller

[ The Bookseller | 2011-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #francine lawrence #luigi bonomi


W&N acquires "major" genetics title

Written By: Charlotte Williams Publication Date: Fri, 06/05/2011 - 10:48 Weidenfeld & Nicolson has acquired a "major new science book" by genetics specialist and professor, Tim Spector. Commissioning editor Bea Hemming bought world rights to Identically Different from Sophie Lambert at... Continue reading at The Bookseller

[ The Bookseller | 2011-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wn acquires #science book #sophie lambert


S&S acquires Scholes memoir

Written By: Graeme Neill Publication Date: Thu, 05/05/2011 - 15:39 Simon & Schuster has bought a memoir by multi-Premier League and Champions League-winning footballer Paul Scholes. Kerr MacRae, S&S executive director, acquired world rights from Harry Swales, who is representing... Continue reading at The Bookseller

[ The Bookseller | 2011-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paul scholes #rhea halford


Al Gore's Next Invention: The Future of Books? (Cheap Shot, But Cool App) [NetworkEffect]

Push Pop Press, a digital book publishing platform, went live with its first title this week, Al Gore's "Our Choice," available as an iOS app for $4.99. Continue reading at AllThingsD

[ AllThingsD | 2011-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #al gore #ios app


HarperCollins acquires three from Joanna Hickson

Written By: Charlotte Williams Publication Date: Thu, 28/04/2011 - 11:25 HarperCollins has acquired three novels from debut historical fiction author Joanna Hickson. HarperFiction commissioning editor Kate Bradley bought world rights through Jenny Brown at Jenny Brown Associates, with the... Continue reading at The Bookseller

[ The Bookseller | 2011-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins acquires #jenny brown


Headline acquires debut Poppy Gee

Written By: Charlotte Williams Publication Date: Thu, 28/04/2011 - 11:31 Headline has acquired a debut literary suspense novel by Australian writer Poppy Gee. Publishing director Imogen Taylor bought world English rights from Julia Kenny at Markson Thoma, with Andrea Walker at Reagan Arthur... Continue reading at The Bookseller

[ The Bookseller | 2011-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #andrea walker #young girl #tim winton


Hodder acquires "Calmer, Easier, Happier" parenting title

Written By: Jenny Roper Publication Date: Tue, 26/04/2011 - 15:00 Hodder & Stoughton has bought world rights to two parenting guides by Nöel Janis-Norton, an advisor to actress Helena Bonham Carter. The first title Calmer, Easier, Happier Parenting will be published in spring 2012 and... Continue reading at The Bookseller

[ The Bookseller | 2011-04-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hodder acquires #teaching children


Regional Mag 5280 Acquires Denver Magazine

Denver, Colorado-based regional magazine 5280 has acquired the intellectual property of its main competitor, Denver Magazine, including Federal trademark of the brand name, Internet domains including http://denvermagazine.cim and Denver's Twitter account and Facebook pages. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #intellectual property #twitter account #facebook pages


Bloomsbury acquires National Archives backlist

Written By: Charlotte Williams Publication Date: Tue, 19/04/2011 - 09:51 Bloomsbury has purchased the backlist of The National Archives Publishing programme, and entered into an agreement to co-publish a range of forthcoming titles. The National Archives of the United Kingdom, in Kew, holds... Continue reading at The Bookseller

[ The Bookseller | 2011-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #forthcoming titles #national archives #united kingdom


Mainstream acquires Hooked follow-up

Publication Date: Tue, 19/04/2011 - 08:33 Mainstream Publishing has acquired a second title by Hooked author Clare Gee. Joint m.d. Bill Campbell acquired world rights to the as yet untitled book from Isabel Atherton at Creative Authors Ltd. Hooked, Gee's debut, told the story of her life as a... Continue reading at The Bookseller

[ The Bookseller | 2011-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #untitled book #creative authors #fictionalised account


The Advocate Chooses DTI's Cloud Publishing Platform to Future-Proof Operations

The Advocate, a Baton Rouge, Louisiana newspaper owned by the Manship family is managing its content publishing infrastructure with DTI ContentPublisher and DTI Cloud. Continue reading at Editor & Publisher

[ Editor & Publisher | 2011-04-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #baton rouge