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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Publication Date: Fri, 18/03/2011 - 10:23 Virgin Books has acquired a "definitive" biography of John Lennon, to be published to coincide with the 40th anniversary of his 1971 song Imagine. Virgin Books publishing director Ed Faulkner acquired UK and Commonwealth rights to Lennon: The Man, the... Continue reading at The Bookseller
[ The Bookseller | 2011-03-18 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 16/03/2011 - 14:59 HarperCollins has bought a book by Jermaine Jackson about the life of his pop star brother Michael. World rights to You are Not Alone: Michael, Through a Brother's Eyes were bought by Natalie Jerome, publishing director for... Continue reading at The Bookseller
[ The Bookseller | 2011-03-16 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 16/03/2011 - 09:04 Hodder thriller imprint Mulholland Books has acquired a fiction debut by "Saw" writers Patrick Melton and Marcus Dunstan, and author, screenwriter and illustrator Stephen Romano. Editor Ruth Tross bought British... Continue reading at The Bookseller
[ The Bookseller | 2011-03-16 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 15/03/2011 - 15:32 Faber has acquired two books by Manic Street Preachers' bassist and lyricist Nicky Wire. Editorial director Lee Brackstone bought world rights to the two titles through Robin Turner on behalf of Hall or Nothing management... Continue reading at The Bookseller
[ The Bookseller | 2011-03-15 00:00:00 UTC ]
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Media companies of the future will be organized differently from the way they are now, with much higher capital expense costs and much greater need for in-house digital development skill. That, with some accommodations for varying markets and editorial missions, was essentially the conclusion of... Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Publication Date: Wed, 09/03/2011 - 14:45 Virgin Books has acquired a title by the founders of cult jewellery brand Tatty Devine. Virgin Books editor Hannah Knowles bought world rights to the book, which has a working title of How to Make Jewellery with Tatty Devine, direct from Harriet Vine... Continue reading at The Bookseller
[ The Bookseller | 2011-03-09 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Fri, 04/03/2011 - 10:08 Book Marketing Limited has began new research among publishers to predict what comes next in digital. The provider of market research is working on behalf of Publishing Technology to assess what impact e-publishing is having... Continue reading at The Bookseller
[ The Bookseller | 2011-03-04 00:00:00 UTC ]
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Publication Date: Wed, 02/03/2011 - 15:00 Rare and out-of-print books specialist AbeBooks is to acquire Zvab.com, the online marketplace for German rare antiquarian books. The company, which was itself bought by Amazon.com in 2008, reached an agreement with Mediantis AG to acquire the assets of... Continue reading at The Bookseller
[ The Bookseller | 2011-03-02 00:00:00 UTC ]
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Written By: Caroline Horn Publication Date: Fri, 25/02/2011 - 08:25 Egmont UK has acquired the rights to publish all new titles from Australian children's publisher Little Hare in the UK market. Little Hare's list includes authors and illustrators such as David Bedford, Jan Ormerod and recent... Continue reading at The Bookseller
[ The Bookseller | 2011-02-25 00:00:00 UTC ]
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Publication Date: Tue, 22/02/2011 - 08:44 Headline has acquired The God of Gotham, a novel set in 19th-century New York. Headline senior commissioning editor Claire Baldwin acquired British Commonwealth rights at auction for The God of Gotham and a second book by Lyndsay Faye from Cathryn... Continue reading at The Bookseller
[ The Bookseller | 2011-02-22 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Mon, 21/02/2011 - 08:28 No Exit has bought a new book by an author whose previous novel has been adapted as a thriller starring Oscar-nominated actor Ryan Gosling. Publishing director Ion Mills bought UK and Commonwealth rights, including digital, to... Continue reading at The Bookseller
[ The Bookseller | 2011-02-21 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 18/02/2011 - 08:10 Michael Joseph has acquired world all language rights to an illustrated memoir by 16-year-old Olympic and Commonwealth diver Tom Daley. Commissioning editor Daniel Bunyard made the deal with Jonathan Harris of Luxton... Continue reading at The Bookseller
[ The Bookseller | 2011-02-18 00:00:00 UTC ]
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Rockville, MDB-to-b media company Access Intelligence announced today the acquisition of Red 7 Media, owner of Folio: Magazine and several other leading media brands. Continue reading at Folio Magazine
[ Folio Magazine | 2011-02-17 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 17/02/2011 - 12:06 Weidenfeld & Nicolson is to publish a BBC TV tie-in by archaeologist, historian and TV presenter Neil Oliver. W&N illustrated editor-in-chief Michael Dover acquired world (Europe and Far East exclusive) rights to... Continue reading at The Bookseller
[ The Bookseller | 2011-02-17 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 17/02/2011 - 09:02 Pan Macmillan imprint Tor UK has acquired world English language rights to a "dystopian fantasy" series by debut author Jay Kristoff. Editorial director Julie Crisp bought the titles in association with associate... Continue reading at The Bookseller
[ The Bookseller | 2011-02-17 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 17/02/2011 - 12:05 Pan Macmillan has acquired a biography of the first woman to work as a British secret agent in the Second World War, outbidding Penguin at auction. Editorial director Georgina Morley bought UK and British Commonwealth... Continue reading at The Bookseller
[ The Bookseller | 2011-02-17 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 16/02/2011 - 14:03 Titan has bought UK and Commonwealth rights to a horror book that is currently being adapted into a movie starring "Sideways" star Paul Giamatti. Editor Cath Trechman paid a five-figure sum for rights to John Dies at the End by... Continue reading at The Bookseller
[ The Bookseller | 2011-02-16 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 16/02/2011 - 06:35 Independent publisher Myrmidon has bought world English language rights (excluding South Africa) to a novel shortlisted for the 2010 Commonwealth Writers Prize. Ed Handyside, publisher and founder, bought the rights to Trespass... Continue reading at The Bookseller
[ The Bookseller | 2011-02-15 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 15/02/2011 - 08:51 Transworld is to publish music memoir The Story of the Streets by Mike Skinner, detailing the rise of the Birmingham-born rapper and his band. Editorial director Simon Thorogood bought UK and Commonwealth rights from Jon... Continue reading at The Bookseller
[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Mon, 14/02/2011 - 15:23 Hodder & Stoughton has acquired world rights to the first title from BBC Comedy web hit Misery Bear. H&S publisher Lisa Highton bought Misery Bear's Guide to Love & Heartbreak from Roughcut TV. The title will... Continue reading at The Bookseller
[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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