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
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 ]
More news stories like this | News stories tagged with:
#eugenie furniss
#daniel mirzoeff
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 ]
More news stories like this |
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 ]
More news stories like this | News stories tagged with:
#dystopian fantasy
#greenburger associates
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 ]
More news stories like this | News stories tagged with:
#world war
#andrew lownie
#book tells
#ian fleming
#casino royale
#winston churchill
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 ]
More news stories like this | News stories tagged with:
#five-figure sum
#tor books
#save humanity
#alien invasion
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 ]
More news stories like this | News stories tagged with:
#teenage years
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 ]
More news stories like this | News stories tagged with:
#find love
#million hits
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 ]
More news stories like this | News stories tagged with:
#jon elek
Written By: Graeme Neill Publication Date: Mon, 14/02/2011 - 17:21 HarperCollins Childrens Books publishing director Helen Mackenzie Smith has bought her first books since joining the publisher from Random House earlier this year. She bought four books by picture author and illustrator Rachel... Continue reading at The Bookseller
[ The Bookseller | 2011-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#books acquires
#harpercollins children
#world rights
#literary agency
Written By: Caroline Horn Publication Date: Fri, 11/02/2011 - 10:49 Egmont Press has acquired two books by Siobhan Curham: Dear Dylan and Finding Cherokee Brown. Curham self-published Dear Dylan in March 2010 and it won the Young Minds Award. Egmont will publish Dear Dylan in July and Finding... Continue reading at The Bookseller
[ The Bookseller | 2011-02-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#egmont press
#siobhan curham
#ali dougal
#erzsi deak
Written By: Charlotte Williams Publication Date: Thu, 10/02/2011 - 08:01 Viking has acquired world rights to a modern art title by BBC arts editor Will Gompertz. Editor Ben Brusey bought What Are You Looking At?: The Surprising Story of Modern Art directly from the author, with Viking to... Continue reading at The Bookseller
[ The Bookseller | 2011-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#modern art
Written By: Charlotte Williams Publication Date: Thu, 10/02/2011 - 08:00 Beautiful Books has acquired two "major" non-fiction titles for autumn 2011, with one revisiting Orwell's Wigan Pier and another looking at one of the first people to recognise the Young British Artists (YBA). Publisher... Continue reading at The Bookseller
[ The Bookseller | 2011-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#non-fiction titles
Magazine publisher Future, owner of Total Film and Classic Rock, has appointed former media investment banker Manjit Wolstenholme as non-executive director. Continue reading at Media Week
[ Media Week | 2011-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#non-executive director
#total film
#classic rock
Written By: Lisa Campbell Publication Date: Tue, 08/02/2011 - 09:10 W H Smith has acquired 22 stores previously run by British Bookshops and Stationers in a £1m deal. The bookshops will continue to trade under BB&S until a "phased takeover" begins later this month in stores in Teddington... Continue reading at The Bookseller
[ The Bookseller | 2011-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#british bookshops
Written By: Charlotte Williams Publication Date: Tue, 08/02/2011 - 08:20 Simon & Schuster Childrens Books has acquired an adventure series inspired by Arthurian legend. Venetia Gosling, fiction editorial director at Simon & Schuster, bought world rights to eight books from Ben... Continue reading at The Bookseller
[ The Bookseller | 2011-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ss children
#arthurian legend
#venetia gosling
#simon schuster
#ben horslen
#hothouse fiction
#successful children
By Tim Conneally, Betanews Google on Thursday finally launched a renewed web-based Android Market that integrates with a user's Google account and lets him shop for applications and send them to the various Android-powered devices linked to the account. This new shop marks the industry-wide... Continue reading at Betanews
[ Betanews | 2011-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#browsing experience
#copyright betanews
Expect much higher capital expense costs and much greater need for in-house digital development skill. Continue reading at Folio Magazine
[ Folio Magazine | 2011-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#execs imagine
#media company
Written By: Charlotte Williams Hodder Children's Books has acquired a teen paranormal romance trilogy, written by debut author and Random House adult fiction publicist Ruth Warburton. Senior editorial manager for fiction at Hodder Children's Sara O'Connor acquired world rights for a five-figure... Continue reading at The Bookseller
[ The Bookseller | 2011-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#debut author
#hodder children
#five-figure sum
#eve white
Written By: Charlotte Williams Environmental publisher Earthscan has been bought by international academic publishing group Taylor & Francis following a process brokered by mergers and acquisitions specialists Bertolli Mitchell. The deal was completed on Monday [31st February]. read more Continue reading at The Bookseller
[ The Bookseller | 2011-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#taylor francis
Written By: Charlotte Williams Michael Joseph has acquired rights in "X Factor" finalist and "I'm a Celebrity, Get Me Out of Here!" queen Stacey Solomon's autobiography. Katy Follain, Michael Joseph non-fiction publisher bought British Commonwealth including Canada, serial, audio and ebook... Continue reading at The Bookseller
[ The Bookseller | 2011-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#acquired rights
#katy follain
#ebook rights