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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2013 Advertising Sales Salary Survey

The definition of magazine advertising sales has changed dramatically in recent years. New products, new competition and new market forces are expanding the role. Print, still an important piece of the puzzle, is just that—a piece. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-25 00:00:00 UTC ]
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Man Booker Prize long list includes writers Colum McCann, Tash Aw

While some books on this year's Man Booker prize long list have gotten buzz here in the US, none of them compare (so far) with the success of last year's winner, Hilary Mantel's 'Bring Up the Bodies.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-24 00:00:00 UTC ]
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Cuckoo's Calling sales soar 41,000%

Sales of J K Rowling's pseudonymous novel, The Cuckoo's Calling (Little, Brown), rocketed... Continue reading at The Bookseller

[ The Bookseller | 2013-07-23 00:00:00 UTC ]
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Man Booker longlist announced; includes Colum McCann, Jhumpa Lahiri

The longlist for the Man Booker Prize was announced. The 13 novels include National Book Award winner Colum McCann's "TransAtlantic" and "The Lowland" by Pulitzer-Prize-winning author Jhumpa Lahiri.The longlist for the Man Booker Prize was announced in London Tuesday morning. The 13 novels... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-23 00:00:00 UTC ]
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Royal baby spurs bounty of baby books, including 'The Royal Nappy'

The on-its-way Royal Baby has spurred a bounty of picture books, perfect for the little Royal Baby itself and other, non-royal babies of its generation.Picture this: The royal nappy. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-22 00:00:00 UTC ]
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The Agents’ View: A Case Study in Agent-Assisted Publishing

Movable Type literary agents Jason Allen Ashlock and Adam Chromy write of their experiences assisting The Rogue Reader authors in self-publishing their work. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-07-18 00:00:00 UTC ]
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Perform hires Martyn Jones as its global brand sponsorship director

Perform has hired Martyn Jones, the former publishing director for Stuff and FourFourTwo, as its global brand sponsorship director as part of the company's expansion. Continue reading at Media Week

[ Media Week | 2013-07-05 00:00:00 UTC ]
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Amazon Kindle tops yearly Japan e-reader sales five months after launch

Amazon.com's Kindle e-reader has dominated the competition in Japan since its launch last year, according to new research, showing the company's low pricing and powerful brand may have overcome its late entrance into the market. The Kindle accounted for 38.3 percent of the e-reader market in... Continue reading at PC World

[ PC World | 2013-07-02 00:00:00 UTC ]
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Rethinking Newsstand Sales: Magazines, Money and Mobile Blinders

By Samir "Mr. Magazine" Husni David Carey, president of Hearst Magazines, believes that people crave "spontaneous combustion" from their media purchases. "We live in this on-demand world," Carey elaborates.... Continue reading at Publishing Executive

[ Publishing Executive | 2013-07-02 00:00:00 UTC ]
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Hachette UK's digital sales '£50m in 2012'

Hachette UK's digital sales were £50m in 2012, its chief executive Tim Hely Hutchinson... Continue reading at The Bookseller

[ The Bookseller | 2013-06-28 00:00:00 UTC ]
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How are Paula Deen cookbook sales faring?

A highly publicized racism scandal has already cost celebrity chef Paula Deen her Food Network contract. Will readers still buy her cookbooks? Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-06-25 00:00:00 UTC ]
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Barnes & Noble Nook sales plunge

US bookstore chain Barnes & Noble sees its fourth-quarter net loss more than double to $118.6m (£77m) as sales of its Nook ebooks and devices drop. Continue reading at BBC News

[ BBC News | 2013-06-25 00:00:00 UTC ]
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Summer Sales Outlook Bright

A tough start to 2013 in many parts of the country, with record snows, torrential rains, and tornadoes, plus the bombing in Boston, has made for a quiet year to date for many bookstores, according to PW’s survey of dozens of independents around the country. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-06-22 00:00:00 UTC ]
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Book sales boosted by Father's Day

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[ BBC News | 2013-06-19 00:00:00 UTC ]
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Sale of Springer majority stake

The parent company of science, business and media publisher Springer has sold its majority stake... Continue reading at The Bookseller

[ The Bookseller | 2013-06-19 00:00:00 UTC ]
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Quercus brings sales in-house

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[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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Father's Day drives sales to 2013 high

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[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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Granta staff go as Faber takes on sales

Granta sales and marketing director Brigid Macleod and sales manager Sharon Murphy are leaving... Continue reading at The Bookseller

[ The Bookseller | 2013-06-17 00:00:00 UTC ]
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Consumer rights bill 'will boost sale of digital content'

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[ The Bookseller | 2013-06-14 00:00:00 UTC ]
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Survey Shows Amazon Leads Japan in Ebook Sales, Apple Already Second

A new survey in Japan shows that Amazon's Kindle is leading the market for ebook sales, with Apple (launched in March) second, followed by Kinokuniya's Kinoppy, Sony's Reader Store and Kobo. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-13 00:00:00 UTC ]
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