Mashable Hires Bankers to Study Options Including Sale

Mashable is exploring strategic options including the sale of all or part of the online media company, according to people with knowledge of the matter.Mashable, founded in 2005, may draw interest from buyers in Europe and the U.S., said one of the people, who asked not to be identified discussing private information. The company said Tuesday it hired LionTree Advisors months ago to seek more capital and isn't in conversations about a sale.Pete Cashmore, who founded the media company at age 19 in Aberdeen, Scotland, held talks to sell Mashable to CNN about five years ago. The publisher offers European companies a foothold in new, online media popular with younger audiences. U.S. companies are already well entrenched in this area. Time Warner, parent of CNN, is one of Mashable's major investors and led a $15 million funding in March 2016. Walt Disney holds a stake in Vice Media and Comcast has backed BuzzFeed, Snap and Vox Media. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2017-08-16 00:00:00 UTC ]
News tagged with: #held talks #younger audiences #time warner #vice media #vox media

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Federated Media Gives Up On Direct Sales, Puts Focus On Programmatic

The rise of programmatic advertising has wreaked havoc across digital media, giving media buyers far more leverage while pushing down the value of publisher inventory. It has also torn apart the traditional ad network business, which is one reason Federated Media, today announced it would stop... Continue reading at Advertising Age

[ Advertising Age | 2014-01-28 00:00:00 UTC ]
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Symons and Telfer to lead PRH sales and consumer teams

Penguin Random House UK has announced a new sales leadership structure, and a new team bringing... Continue reading at The Bookseller

[ The Bookseller | 2014-01-28 00:00:00 UTC ]
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Study of greatness for The Friday Project

The Friday Project has bought a book by journalist and author Chris Wright, in a deal for world... Continue reading at The Bookseller

[ The Bookseller | 2014-01-27 00:00:00 UTC ]
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Time Inc. Candidates for Chief Revenue Officer Include Two Insiders

After casting a wide net in its search for a chief revenue officer, Time Inc. has narrowed the field to candidates including two current executives: Jed Hartman, group publisher of news and business, and Mark Ford, exec VP-president of the sports group, according to people familiar with the... Continue reading at Advertising Age

[ Advertising Age | 2014-01-24 00:00:00 UTC ]
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Strong Holiday Sales Power Upbeat Wi9

If Winter Institute is any indication, as ABA president Steve Bercu noted at the conference opening, "independent bookselling is strong, vital, and growing." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-23 00:00:00 UTC ]
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Pan Mac cites 4.3% print sales increase for 2013

Pan Macmillan has said its physical book sales in the UK grew by 4.3% in value in 2013. The... Continue reading at The Bookseller

[ The Bookseller | 2014-01-22 00:00:00 UTC ]
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Independent website could net Lebedevs millions in standalone sale

Digital division housed in separate company from loss-making print business which owners have been looking to sellThe Lebedevs, owners of the Independent titles, are keeping the papers' website in a separate company in a move that could allow a lucrative future sale of digital assets potentially... Continue reading at The Guardian

[ The Guardian | 2014-01-22 00:00:00 UTC ]
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As The Independent's sales fall to a new low, will anyone take it on?

The Independent is a calling card across the world, the paper's former owner, Tony O'Reilly, once told me. It was one of the major reasons he fought so hard to acquire the Indy and why he was prepared to lose so much money afterwards as its publisher.He understood that it was the title that gave... Continue reading at The Guardian

[ The Guardian | 2014-01-17 00:00:00 UTC ]
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Hutchinson wins auction for ancient world study

Hutchinson is to publish a broad-ranging book on the ancient world by author and broadcaster... Continue reading at The Bookseller

[ The Bookseller | 2014-01-15 00:00:00 UTC ]
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November Bookstore Sales Fell 4.2%

November bookstore sales fell 4.2% compared to November 2012, dropping to $818 million, according to preliminary results released Tuesday morning by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Evolve Media Hires Geoff Schiller Away from Hearst

Publisher of enthusiast consumer content Evolve Media, LLC has lured Geoff Schiller from his position as Hearst Digital Media’s chief sales officer to join the company as chief revenue officer.  Continue reading at Folio Magazine

[ Folio Magazine | 2014-01-14 00:00:00 UTC ]
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Japan to tax sales of content downloaded from abroad

Japan is planning to tax sales of foreign online content such as ebooks, apps and downloaded music by late 2015, according to a newspaper report.Japanese who purchase electronic content from foreign firms like Amazon.com through overseas servers don’t have to pay consumption tax, currently at 5... Continue reading at PC World

[ PC World | 2014-01-14 00:00:00 UTC ]
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Sourcebooks Sales Rose 22% in 2013

In an infographic sent out Monday afternoon, Sourcebooks says total revenue in 2013 increased 22%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Johnston Press hires Jeff Moriarty for top digital role

Boston Globe executive to take new post of chief digital and product officer at Scotsman and Yorkshire Post publisherJohnston Press has hired Jeff Moriarty, one of the Boston Globe's top digital executives, in the newly-created role of chief digital and product officer.Moriarty, who joins the... Continue reading at The Guardian

[ The Guardian | 2014-01-14 00:00:00 UTC ]
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Trade Sales Slipped Through October

Through the first 10 months of 2013 sales of adult trade books fell 0.6% and sales of children’s/young adult dropped 9.7%, according to AAP’s monthly StatShot figures for October. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-10 00:00:00 UTC ]
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The Weekly Scorecard Tracking Unit Print Sales (in thousands)

Unit sales of print books fell 4% in the first week of 2014 compared to the week ended Jan. 6, 2013, at outlets that report to Nielsen BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-10 00:00:00 UTC ]
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Key to hit books discovered, study claims

Academic Yejin Choi says her algorithm can predict 'highly successful literature' with 84% accuracyAuthors, publishers and literary critics struggling to unlock the secrets of successful writing can breathe a sigh of relief, after a computer science professor has announced an algorithm that can... Continue reading at The Guardian

[ The Guardian | 2014-01-10 00:00:00 UTC ]
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Hitler's 'Mein Kampf' Surges in E-Book Sales

Adolf Hitler's anti-Semitic political testament, "Mein Kampf" is surging up electronic book best seller lists, even as sales of the printed version have been stagnant for years.     Continue reading at ABC News

[ ABC News | 2014-01-10 00:00:00 UTC ]
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Hitler’s ‘Mein Kampf’ tops ebook sales

The Nazi dictator’s controversial manifesto is among the bestselling political books on Amazon and iTunes. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-10 00:00:00 UTC ]
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Holiday Sales for Children's Books Strong at Indies

PW's annual post-Christmas survey of two dozen bookstores across the country didn't turn up any blockbusters on a level with last year's Hunger Games trilogy; instead, shoppers gravitated to a mix of children's books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-09 00:00:00 UTC ]
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