Gawker sold to Univision for $135 million

Spanish-language broadcaster Univision has bought Gawker Media in an auction for $135 million. That's according to a person familiar with the matter who asked not to be identified because the deal had not been formally announced. The online gossip and news publisher was put on the block in the... Continue reading at 'Baltimore Sun'

[ Baltimore Sun | 2016-08-17 00:00:00 UTC ]
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UK-Based Future Acquires Purch for $132.5 Million

Future plc has reached an agreement to acquire U.S.-based rival Purch's consumer-facing brands, as well as its RAMP ad tech platform, for $132.5 million (£102 million), significantly expanding the London-based technology publisher's already growing North American footprint. Under the terms of... Continue reading at Folio Magazine

[ Folio Magazine | 2018-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annual revenue #joining forces


May Bookstore Sales Up $4 Million

Bookstore sales rose from $741 million last May to $745 million in May 2018, according to preliminary estimates released by the U.S. Census Bureau, an increase of 0.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-16 00:00:00 UTC ]
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Cole Burrows to the top; Oliphant hits half a million

After narrowly missing out on the top spot in the previous week, Martina Cole has returned to the summit, earning her 12th UK Official Top 50 number one—and 17th Mass Market Fiction pole position—since Nielsen BookScan records began. Continue reading at The Bookseller

[ The Bookseller | 2018-07-11 00:00:00 UTC ]
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XXXTentacion signed a $10-million record deal weeks before death, report says

Michael Ondaatje speaks Sunday after winning the Golden Man Booker Prize for his novel "The English Patient" at the Royal Festival Hall in London. Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-07-09 00:00:00 UTC ]
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Facebook quiz app maker exposed data on over 120 million users

While Facebook tries to close the book on its Cambridge Analytica scandal, it's still dealing with many more. The FTC is conducting a non-public probe into the company's behavior around privacy data, the EU's stricter laws are making it hard for the... Continue reading at Engadget

[ Engadget | 2018-06-29 00:00:00 UTC ]
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B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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Former agent Begbie's debut sold to Clerkenwell Films

TV rights for former agent Hannah Begbie’s debut Mother have been sold to Clerkenwell Films following a four-way auction. Continue reading at The Bookseller

[ The Bookseller | 2018-06-15 00:00:00 UTC ]
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Both Text and Audio Sold Together in Amazon Original Stories Collections

The second-newest imprint in Amazon Publishing’s portfolio offers both audio and ebook editions of works brought together in thematic collections. The first was released during BookExpo in New York City. By Porter Anderson, Editor-in-Chief | @Porter_Anderson A First Collection Bundles Text and... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-11 00:00:00 UTC ]
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Coal Barons Who Donated $1 Million to Trump’s Increasingly Suspicious Inauguration Fund May Get Huge Favor

Bloomberg published an eyebrow-raising report Thursday night about a draft proposal being prepared by the Trump administration that would subsidize the coal industry in part by invoking a Cold War-era law intended for use in national security emergencies: Continue reading at Slate

[ Slate | 2018-06-01 00:00:00 UTC ]
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Facebook Says It Deleted 865 Million Posts, Mostly Spam

Facebook published numbers for the first time detailing how much and what type of content it removes from the social network. Continue reading at The New York Times

[ The New York Times | 2018-05-16 00:00:00 UTC ]
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Facebook has already removed 583 million fake accounts this year

Last month, Facebook published its internal community enforcement guidelines for the first time and today, the company has provided some numbers to show what that enforcement really looks like. In a new report that will be published quarterly, Facebo... Continue reading at Engadget

[ Engadget | 2018-05-15 00:00:00 UTC ]
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Clays sold to Italian printers Elcograf

Suffolk-based book printers Clays has been bought by Italian printers Elcograf S.p.A for £23.8m. Continue reading at The Bookseller

[ The Bookseller | 2018-05-02 00:00:00 UTC ]
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Time Warner CEO Jeffrey Bewkes' compensation soars to $49 million

Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
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Waterstones Sold, Daunt to Stay CEO

Elliott Advisors, a U.S. investment firm, has agreed to buy U.K. bookstore chain Waterstones for an undisclosed sum. James Daunt will remain CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-26 00:00:00 UTC ]
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Foyles' flagship building 'sold for £45m'

The building housing Foyles’ iconic flagship store on London’s Charing Cross Road has been sold to real estate fund Brockton Capital for around £45m, according to Property Week. Continue reading at The Bookseller

[ The Bookseller | 2018-04-14 00:00:00 UTC ]
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Publishers Win $34 Million in Counterfeit Textbook Suit

A jury found a number of companies owned by Philip Smyres guilty of copyright and trademark infringement for selling counterfeit textbooks. The textbook publishers that filed the suit were awarded $34 million in damages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-12 00:00:00 UTC ]
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Up to 87 million Facebook users affected in privacy scandal

Facebook says as many as 87 million people may have had their data accessed in the Cambridge Analytica scandal - an increase from the 50 million disclosed in published reports. Continue reading at Stuff

[ Stuff | 2018-04-05 00:00:00 UTC ]
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Political class has 'sold out' on Brexit, Clarke tells publishers

The entire political class has "sold out" on Brexit, Ken Clarke MP has told delegates to the IPG Conference, as he discussed the government's current "astonishing and complex" task in negotiating a new relationship with the European Union and rest of the world. Continue reading at The Bookseller

[ The Bookseller | 2018-03-09 00:00:00 UTC ]
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Connect Books sold for £6m

Connect Books has been sold to private equity firm Aurelius for just £6m – nearly half of the originally-agreed sale price. Continue reading at The Bookseller

[ The Bookseller | 2018-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #connect books