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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Amazon forced to disclose UK sales

Amazon's UK net sales were £2.91bn in 2011, according to information the retailer has... Continue reading at The Bookseller

[ The Bookseller | 2012-11-26 00:00:00 UTC ]
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Tablet Use, E-book Sales Grow Beyond Amazon, Nook

Tablets and other digital reading devices are expected to be big sellers this holiday season due in part to the growing number of devices available from a host of manufacturers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-11-23 00:00:00 UTC ]
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Nook tablets go on sale in UK

As anticipated, the Nook tablet e-readers, the Nook HD and HD+, have gone on sale in the UK today... Continue reading at The Bookseller

[ The Bookseller | 2012-11-22 00:00:00 UTC ]
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Digital sales up 50% at CUP

A 50% year-on-year increase in digital sales at Cambridge University Press contributed to a... Continue reading at The Bookseller

[ The Bookseller | 2012-11-22 00:00:00 UTC ]
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New Zealand: The Star Newspaper Up for Sale

Australian publisher APN is putting its South Island newspapers on the block including The Star in Christchurch and the Oamaru Mail. It is also intending to sell the Capital Community Newspaper group in Wellington but is keeping the weekly free Kap ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-11-19 00:00:00 UTC ]
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Hiring the Next Generation Of Booksellers

Thinking about how to give the next generation a step up, four young booksellers started the Emerging Leaders Project in 2006 with the support of the American Booksellers Association. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-11-16 00:00:00 UTC ]
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Sainsbury's grows own brand book sales by 33%

Sainsbury’s has grown pre-tax profit by 2.5% in its half-year results as the retailer said... Continue reading at The Bookseller

[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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Group sales down at WHS

Group sales at W H Smith were down 4% like-for-like in the first 10 weeks of its new financial... Continue reading at The Bookseller

[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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Hearst Advertising Worldwide hires Victoria Jacob-Luck

Victoria Jacob-Luck has joined Hearst Magazines UK as advertising director for its international sales offering, Hearst Advertising Worldwide UK. Continue reading at Media Week

[ Media Week | 2012-11-12 00:00:00 UTC ]
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Nate Silver's book sales skyrocket post-election

Sales of political statistician Nate Silver's book 'The Signal and the Noise' saw a surge of 850 percent – lifting it to No. 2 on Amazon – after Silver correctly predicted the 2012 election results. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-11-09 00:00:00 UTC ]
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Federated Media Shutters Its Direct Sales Business

In what could presage a foundational shift in the online advertising landscape, Federated Media Publishing will shut down its direct sales business, i.e. the division charged with selling standard display ads. On Thursday afternoon (Nov. 8) the company began informing employees that it would... Continue reading at AdWeek

[ AdWeek | 2012-11-09 00:00:00 UTC ]
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Sandy sends NYC sales to an all-time low

Hurricane Sandy has blown book sales in New York City and several other US East Coast... Continue reading at The Bookseller

[ The Bookseller | 2012-11-08 00:00:00 UTC ]
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Pearson denies FT sale

Pearson has denied reports that it is about to sell off the Financial Times, with a spokesperson... Continue reading at The Bookseller

[ The Bookseller | 2012-11-07 00:00:00 UTC ]
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Sales of three million for latest Apple devices

Apple has announced sales of three million units internationally for its latest tablet devices,... Continue reading at The Bookseller

[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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Nook goes on sale in UK

Barnes & Noble's Nook e-readers, the Nook Simple Touch and Nook Simple Touch GlowLight,... Continue reading at The Bookseller

[ The Bookseller | 2012-10-29 00:00:00 UTC ]
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PSA: Nook Simple Touch and Simple Touch with Glowlight go on sale in the UK

Barnes & Noble's arrival in the UK has been so well-telegraphed, you might be surprised to learn that today's the day the units actually launch. You'll be able to pick up a Nook Simple Touch or awkwardly-titled Nook Simple Touch with Glowlight from retailers such as John Lewis, Sainsbury's... Continue reading at Engadget

[ Engadget | 2012-10-29 00:00:00 UTC ]
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A Solid Six Months for Trade Sales

Sales of adult and children’s trade titles rose 13.8% in the first six months of 2012, according to statistics released last week by the Association of American Publishers as part of its StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-10-19 00:00:00 UTC ]
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Super Thursday celebs boost HB sector, but PB sales slump

Sales of hardbacks through Nielsen BookScan's top 5,000 chart jumped 11% week on week last... Continue reading at The Bookseller

[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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School study plan for Churchill Archive Online

Bloomsbury's online Churchill Archive will aim for a school and undergraduate readership as... Continue reading at The Bookseller

[ The Bookseller | 2012-10-15 00:00:00 UTC ]
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Amazon: breaking even on popular Kindle sales

In an interview with the BBC, Amazon CEO Jeff Bezos confirmed what many surmised: Amazon is selling the Kindle Paperwhite and Kindle Fire HD at cost. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-13 00:00:00 UTC ]
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