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

Other news stories related to: "Mashable Hires Bankers to Study Options Including Sale"

A Slimmer Quarto Group Sees Sales and Earnings Fall

The combination of its decision to streamline its business and softer industry sales resulted in revenue at Quarto Group falling 16% in the first half of 2023, to $52 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-30 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarto #earnings fall

Nothing Was Pretty About Print Book Sales Last Week

The release of the second season of 'The Summer I Turned Pretty' on Amazon Prime gave a small boost to the Jenny Han novels that the series is based on last week, but it wasn't enough to stop a 7.1% drop in sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print book #1% drop #turned pretty

Religion Book Sales Slipped 1.2% in First Half of 2023

The 1.2% decline was largely driven by a 4.1% drop in sales for hardcovers in the first six months of 2023, according to figures released by the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #figures released #1% drop #largely driven #2% decline

Study Up on Campus Novels: A Back-to-School-Inspired Reading List for Grown-Ups

These campus novels for adults raise questions around race, class, or gender or are simply set in or around campuses, including Real Life by Brandon Taylor. Continue reading at Book Riot

[ Book Riot | 2023-08-21 10:33:00 UTC ]
More news stories like this | News stories tagged with: #brandon taylor #campus novels

#BookTok Helped Book Sales Soar. How Long Will That Last?

In July, for the first month ever, sales from the roughly 180 BookTok authors BookScan follows fell from the prior year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bookscan #prior year

Print Book Sales Fell in All Categories Last Week

Unit sales of print books struggled again last week, falling 7.6% compared to the week ended August 13, 2022. The decline in adult fiction continued, with sales off 9.6%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #6% compared

Bookstore Sales Rose Nearly 7% in First Half of 2023

Despite a dip in June, sales increased 6.9% at bookstores during the first six months of 2023 over last year, rising to $3.86 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-15 04:00:00 UTC ]
More news stories like this |

The Barnes & Noble 50% Hardcover Sale is On Now!

Here's your chance to stock up on hardcovers on the cheap! Barnes & Noble's 50% hardcover sale is on now. Continue reading at Book Riot

[ Book Riot | 2023-08-11 20:01:51 UTC ]
More news stories like this | News stories tagged with: #barnes noble

Print Book Sales Dropped 8.3% Last Week

In another week in which sales in all categories fell, unit sales or print books declined 8.3% at outlets that report to BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #categories fell

Samsung pre-orders on Amazon include free gift cards and storage upgrades

Samsung's latest slate of Galaxy devices arrives on August 11, but there's still time to lock in a pre-order to get free perks like a storage upgrade and gift card. The company's new flagship foldable, the Galaxy Z Fold 5, is included in the offer. If you pre-order one, you can get double the... Continue reading at Engadget

[ Engadget | 2023-08-09 14:52:31 UTC ]
More news stories like this | News stories tagged with: #book cover #follow @engadgetdeals #buying advice #pen inside #single charge #battery life

Amazon removes books ‘generated by AI’ for sale under author’s name

Jane Friedman claims she had to fight against Amazon’s refusal to remove the misattributed titles because she had not trademarked her nameFive books for sale on Amazon were removed after author Jane Friedman complained that the titles were falsely listed as being written by her. The books, which... Continue reading at The Guardian

[ The Guardian | 2023-08-09 14:28:36 UTC ]
More news stories like this | News stories tagged with: #books include #step-by-step guide #make money #real work #publishing industry

What the sale of a major American book publisher means for authors, the industry — and you

Book publisher Simon & Schuster's sale to investment firm KKR is novel in many ways, but also part of a long-term trend. History tells us to expect the unexpected. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-08-08 17:35:35 UTC ]
More news stories like this | News stories tagged with: #book publisher

Dungeons and Dragons Rulebooks on Sale for 50% Off Today!

A ton of Dungeons and Dragons hardcover rulebooks are on sale today for 40%-60% off, from the basics to the more advanced. Continue reading at Book Riot

[ Book Riot | 2023-08-08 13:39:26 UTC ]
More news stories like this | News stories tagged with: #dragons rulebooks

Paramount sales beat forecasts thanks to streaming TV growth

Company also announced the sale of its Simon & Schuster publishing business to KKR & Co. for $1.62 billion. Continue reading at Advertising Age

[ Advertising Age | 2023-08-07 22:19:36 UTC ]
More news stories like this |

As New Law Looms, Follett Asks Publishers to Help ‘Rate’ Their Own Books for Sale in Texas

With a lawsuit pending to block a controversial new "book rating" law from taking effect in Texas, publishers and industry groups are balking at a request from the nation's largest school distributor to help rate their own titles for sale in the state. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #taking effect #book rating

The Sales Numbers on Books by Supreme Court Justices

A recent New York Times article put a spotlight on the book deals made by sitting justices on the U.S. Supreme Court. But how have books written by Supreme Court justices sold? Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #books written #supreme court #sales numbers

With Adult Fiction Cooling, Print Book Sales Fell 5.4% Last Week

The string of weeks in which unit sales of print books were down in all major categories reached three last week, leading to a 5.4% sales decline from the comparable week in 2022. Sales of adult fiction fell 7.2%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print book #print books

SFF eBooks On Sale Today for Under $5!

The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot

[ Book Riot | 2023-07-31 13:37:54 UTC ]
More news stories like this | News stories tagged with: #ebooks #science fiction #sff ebooks

Medical advances typically begin with a study. Now, universities are struggling to afford them

The rising costs university libraries are paying to access journals have implications far beyond the ivory tower. From new cancer treatments to debates about foreign policy, new information enters the public domain through academic studies. Now... Continue reading at CBC

[ CBC | 2023-07-31 08:00:00 UTC ]
More news stories like this | News stories tagged with: #libraries #academic studies #public domain #foreign policy #ivory tower