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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Cambridge University Press ends printing after 400 years

More than 400 years of printing under the Cambridge University Press name is to end, with... Continue reading at The Bookseller

[ The Bookseller | 2012-06-22 00:00:00 UTC ]
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Publishers anticipate textbook investment

Publishers are confident that the draft Primary National Curriculum Programmes, released earlier... Continue reading at The Bookseller

[ The Bookseller | 2012-06-12 00:00:00 UTC ]
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Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a... Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announcing plans #nook business


'Significant expansion' for Nook as Microsoft invests $300m

Microsoft has invested $300m in Barnes and Noble, forming “a new subsidiary” of the... Continue reading at The Bookseller

[ The Bookseller | 2012-04-30 00:00:00 UTC ]
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Microsoft invests in Nook ebooks

Microsoft invests $300m in Barnes and Noble's digital business, providing a boost to the Nook ebook reader. Continue reading at BBC World

[ BBC World | 2012-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nook ebooks #digital business


Settlement Near on E-Book Pricing

Talks to resolve U.S. and European price-fixing probes into ebooks are heating up, with three international publishers inclined to settle the matter, according to people familiar with the matter. Continue reading at AllThingsD

[ AllThingsD | 2012-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book pricing #people familiar


RR Donnelley Invests $2.5 Million in CoffeeTable

Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tablet users #multiple retailers #catalogs directly


RR Donnelley Invests $2.5 Million in Catalog App

Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tablet users #multiple retailers #catalogs directly


Media Decoder Blog: "50 Shades of Grey" Movie Rights Are Bought by Universal

"Fifty Shades of Grey'' and its two sequels, which became underground sensations and attracted interest from major publishing houses, is headed for Hollywood. Continue reading at The New York Times

[ The New York Times | 2012-03-26 00:00:00 UTC ]
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Can the BuzzFeed Formula Work For Real News?

BuzzFeed, the meme-centric social news site known for its reserves of offbeat content and silly cat photos, is stockpiling journalists—serious ones. Last week, it announced the hire of award-winning Rolling Stone writer Michael Hastings, adding to an impressive roster of reporters that include... Continue reading at AdWeek

[ AdWeek | 2012-03-06 00:00:00 UTC ]
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Japanese publishers invest in ebook initiative

Over 180 Japanese publishers have joined forces to launch an initiative that promises to create 1... Continue reading at The Bookseller

[ The Bookseller | 2012-03-01 00:00:00 UTC ]
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Ebooks Get the Respect They Deserve at 'Download the Universe'

Ebooks aren't just electronic versions of printed books. They present a different reading experience and, in certain cases, demand their own reviews. Continue reading at The Atlantic

[ The Atlantic | 2012-03-01 00:00:00 UTC ]
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Billionaires are Investing in Australian Newspaper Publishers

Billionaire Gina Rinehart recently invested $146 million in Fairfax Media, the publisher of the Sydney Morning Herald and the Financial Review . Known as the "Iron Lady," Rinehart is the heir of mining magnate Lang Hancock and is believ ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-02-10 00:00:00 UTC ]
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Tablet and E-book reader Ownership Nearly Double Over the Holiday Gift-Giving Period

The share of adults in the United States who own tablet computers nearly doubled from 10% to 19% between mid-December and early January and the same surge in growth also applied to ebook readers, which also jumped from 10% to 19% over the same time ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-01-23 00:00:00 UTC ]
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Bloomsbury ebook sales up nearly 40% in final quarter of 2011

Bloomsbury had a "strong" final three months of 2011, with ebook sales growing "... Continue reading at The Bookseller

[ The Bookseller | 2012-01-16 00:00:00 UTC ]
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Restructure at Cambridge University Press

Cambridge University Press has reported a ninth successive year of growth in the 12 months to end... Continue reading at The Bookseller

[ The Bookseller | 2011-12-15 00:00:00 UTC ]
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Oswald withdraws from T S Eliot prize over investment sponsor

Poet Alice Oswald has withdrawn her book Memorial (Faber) from the T S Eliot prize because of... Continue reading at The Bookseller

[ The Bookseller | 2011-12-06 00:00:00 UTC ]
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Amazon profits slump after heavy Kindle investment

Written By: Lisa Campbell Publication Date: Wed, 26/10/2011 - 10:05 Amazon’s profits have dropped by 73% in its third quarter, with the company's investment in its Kindle e-readers blamed for the slump. In the three months to 30th September, net income fell from $231m (£144.4m) to $63m... Continue reading at The Bookseller

[ The Bookseller | 2011-10-26 00:00:00 UTC ]
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Quercus invests in youth with rights deal

Written By: Charlotte Williams Publication Date: Thu, 22/09/2011 - 14:15 Quercus has acquired two books from 26-year-old debut author, Prajwal Parajuly, who becomes the youngest writer at the publisher. Editor in chief Jon Riley bought UK and Commonwealth rights, excluding Canada, to The... Continue reading at The Bookseller

[ The Bookseller | 2011-09-22 00:00:00 UTC ]
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Virago acquires university satire

Written By: Charlotte Williams Publication Date: Fri, 16/09/2011 - 09:21 Virago has bought rights to a satirical novel set at a top-class university. Associate publisher Ursula Doyle bought UK and Commonwealth rights to Penelope by Rebecca Harington from Jane Finigan at Lutyens &... Continue reading at The Bookseller

[ The Bookseller | 2011-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jane finigan #lutyens rubinstein #random house