NBC Universal Nearing Another $200M Investment in BuzzFeed

NBC Universal is nearing a deal to make a second $200 million investment in BuzzFeed, doubling its bet on the fast-growing digital publisher as the TV giant tries to reach younger audiences online, according to a person familiar with the matter.NBC's latest investment would value BuzzFeed at about $1.7 billion, the person said, asking not to be identified because the discussions are private. Last year, Comcast Corp.'s TV and film division made separate $200 million investments in both BuzzFeed and Vox Media, the online publisher of The Verge, Eater and Recode.BuzzFeed's latest valuation would put it in striking distance of New York Times Co.'s $1.86 billion market capitalization, underscoring the rise of the paperless publisher's rise since its founding a decade ago. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-10-22 00:00:00 UTC ]
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‘Fifty Shades’ Nears Big Premiere

With the big-screen adaptation of the first book in E.L. James’s trilogy set to hit theaters on Valentine’s Day, PW has a few key numbers on the Vintage movie tie-in, the book, the trilogy, and the forthcoming film. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #big-screen adaptation #hit theaters #key numbers #forthcoming film

Economist nears the limit of an old growth theory

Editor John Micklethwait departs on a high. But print circulation may never be so high - nor fortunes quite so serene – againYou used to judge successful editors by a simple test. How many copies did they sell on day one, and how many on their last day in the chair? Plus, of course, parallel... Continue reading at The Guardian

[ The Guardian | 2015-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print circulation #operating profit #bloomberg news

Marvel Merges Its Universes With 'Secret Wars'

In a huge shakeup for their publishing program, Marvel is combining its fictional universes and rebooting most of its titles starting with the May event 'Secret Wars.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-21 00:00:00 UTC ]
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Canadian University Acquires Novels With Oscar Wilde Link

The University of British Columbia Library has acquired two rare, 19th-century novels that scholars believe may have been written by Oscar Wilde. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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Buzzfeed's New Publisher Says Data Shows Emotional Content, Shareability Key to Viral Success

Photo: Alfred Maskeroni Specs Who Dao Nguyen New gig Publisher, BuzzFeed Old gig Vp of growth and data, BuzzFeed Age 41 Twitter @daozers What do you do as publisher? Publishing is literally the act of making information available to the public. For a purely digital operation like... Continue reading at AdWeek

[ AdWeek | 2015-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #shed light #paid media #ve found #brand affinity #pop culture #buddhist nun

Trinity University Press Buys Maverick Publishing

Trinity University Press has acquired the assets of Maverick Publishing. The purchase includes over 40 titles which will form the basis of a new Trinity imprint, Maverick Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-17 00:00:00 UTC ]
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Woven Digital Raises $18 Million to Keep Pace With BuzzFeed, Vox, Vice

Another week, another digital media company with a big funding round.Woven Digital has raised $18 million in the company's second funding round since its 2010 launch. Woven intends to use the funding money to add more people to its ad sales and editorial teams, grow its video business into... Continue reading at Advertising Age

[ Advertising Age | 2014-12-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad sales #publishing tools

New York Times Deadline for 100 Buyouts Nears

A 5 p.m. deadline bore down on New York Times employees considering whether to accept buyout packages, a bid for the newspaper publisher to trim costs.The company has said there will be forced cuts if 100 jobs can't be eliminated through voluntary buyouts.Like many newspapers, the Times is... Continue reading at Advertising Age

[ Advertising Age | 2014-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #forced cuts #voluntary buyouts #print circulation #regulatory filing #staff cuts #digital future

Harper’s Invests in Book Culture

John “Rick” MacArthur is the minority partner in the third Book Culture to open in New York City at 450 Columbia Avenue, the former site of Endicott Booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-02 00:00:00 UTC ]
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Indies First: What's happening at a bookstore near you?

Indies First, in which authors appear at independent bookstores and sometimes work as booksellers, will be happening again this year on Small Business Saturday. Take a look at who's signed up. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-11-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores

Why is Sharjah Investing So Much its Book Fair?

The Sharjah Book Fair may seem to indulge foreign visitors with excessive perks, but it's all for the good and growth of the Emirate. The post Why is Sharjah Investing So Much its Book Fair? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-12 00:00:00 UTC ]
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Near Miss for Algeria’s Kamel Daoud for Goncourt

Unexpectedly, Algerian writer Kamel Daoud's powerful novelistic homage to Camus nearly took France's top literary prize. The post Near Miss for Algeria’s Kamel Daoud for Goncourt appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-07 00:00:00 UTC ]
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Negotiations between Elsevier and Dutch universities 'halt' over OA

Negotiations between Elsevier and universities in the Netherlands over journal subscription fees have broken down over disagreements on Open Access. Continue reading at The Bookseller

[ The Bookseller | 2014-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open access

Bertelsmann invests in India e-learning company

Bertelsmann has continued its rapid education expansion with a direct investment in iNurture Education Solutions, a provider of higher education services in India. Shobhna Mohn, executive vice president of emerging markets at Bertelsmann, said the investment addressed two of the company's... Continue reading at The Bookseller

[ The Bookseller | 2014-10-31 00:00:00 UTC ]
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Gardners reports turnover up nearly 10%

Gardners boosted turnover by 9.7% last year and has revealed it plans to expand in the near future. The wholesaler’s annual results to the year ending 28th February 2014 were filed on Companies House this morning (23rd October) and revealed that turnover was up by 9.7% to £208.9m, up from... Continue reading at The Bookseller

[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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BuzzFeed to Join IAB's Advertising Elite

BuzzFeed is being bumped up to the digital advertising adult dinner table. On Monday, the company announced in an internal memo that Eric Harris will become chief business operations officer and also join the Interactive Advertising Bureau (IAB) board later this year. BuzzFeed president Greg... Continue reading at AdWeek

[ AdWeek | 2014-10-21 00:00:00 UTC ]
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At SCIBA, Teicher Says Booksellers Nowhere Near 'Endangered'

For anyone worried that independent bookstores are struggling, the upbeat mood at the Southern California Independent Booksellers Association show painted a reassuring and hopeful picture. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores #upbeat mood

Investing Outside the Box: The Daily Meal’s Test Kitchen

While many publishers are weighing new technology investment priorities like ad platforms, video production or content management systems, Spanfeller Media Group's The Daily Meal has focused its attention on building a kitchen. Continue reading at Folio Magazine

[ Folio Magazine | 2014-10-14 00:00:00 UTC ]
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Hey Brands, Here Are the Do's and Don't's of Working With BuzzFeed

If there's ever a case for the viral success of native video content, it's the partnership between Buzzfeed and Purina. The millennial-targeted publisher and the pet brand have worked together on several popular campaigns, including the Sad Cat Diary (17.4 million views), A Cat's Guide To... Continue reading at AdWeek

[ AdWeek | 2014-10-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #native advertising #general electric #production company #media company