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 ]
News tagged with: #vox media #online publisher #decade ago #latest investment

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Collins goes near the Knuckle with new book acquisition

Written By: Graeme Neill Publication Date: Tue, 23/08/2011 - 14:43 Collins has bought a memoir of an Irish traveller bare-knuckle boxing champion. Craig Adams, assistant editor for Collins, bought world rights in all languages to Knuckle by James Quinn McDonagh, in an unagented deal. The book... Continue reading at The Bookseller

[ The Bookseller | 2011-08-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #craig adams #assistant editor #unagented deal


Collins goes near the Knuckle with acquisition

Written By: Graeme Neill Publication Date: Tue, 23/08/2011 - 14:43 Collins has bought a memoir of an Irish traveller bare-knuckle boxing champion. Craig Adams, assistant editor for Collins, bought world rights in all languages to Knuckle by James Quinn McDonagh, in an unagented deal. The book... Continue reading at The Bookseller

[ The Bookseller | 2011-08-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #craig adams #assistant editor #unagented deal


Forbes Media Makes Minority Investment in Startup of Ex-Fortune Editors

Forbes Media has struck a strategic partnership with Techonomy Media, a new media business founded last year by former Fortune magazine editors and writers David Kirkpatrick, Peter Petre and Brent Schlender. Continue reading at Folio Magazine

[ Folio Magazine | 2011-07-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #forbes media #strategic partnership #brent schlender


Angry Robot signs near-future novel

Written By: Katie Allen Publication Date: Thu, 21/07/2011 - 12:40 Angry Robot is to publish a debut novel by Canadian writer Madeline Ashby. vN is set in a near-future where robots and humans live side by side, and follows Amy, who has grown up with a cybernetic mother and human father. Alone... Continue reading at The Bookseller

[ The Bookseller | 2011-07-21 00:00:00 UTC ]
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Cambridge University Press opens up digital platform to rivals

Written By: Lisa Campbell Publication Date: Wed, 13/07/2011 - 09:50 Cambridge University Press has launched a digital content platform for libraries which it says will become "one of the largest and most significant repositories of digital academic material in the world.” From October 2010,... Continue reading at The Bookseller

[ The Bookseller | 2011-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital platform #offers access


Book Machines Near the Tipping Point?

Retailing for $185,000, the Espresso Book Machine, developed by On Demand Books, costs more than the annual revenue of some independent bookstores. But with a new partnership with the American Booksellers Association to help get frontlist and midlist titles from mainstream houses (something that... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tipping point #book machines #demand books #annual revenue #independent bookstores #backlist titles


SourceMedia Folds Investment Dealers Digest

The last issue of Investment Dealer's Digest was released on May 27, as the weekly publication has folded. Paid circulation of the magazine was less than 700. Continue reading at Folio Magazine

[ Folio Magazine | 2011-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paid circulation


California State University opts for $49 ebook over expensive biology textbook

By Tim Conneally, Betanews Nature Publishing Group and California State University (CSU) on Tuesday announced a three-year partnership that will eliminate paper textbooks from certain classes, and replace them with interactive ebooks instead. Continue reading at Betanews

[ Betanews | 2011-05-24 00:00:00 UTC ]
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Hachette Livre US ebook sales nearly 25% of total

Written By: Barbara Casassus Publication Date: Mon, 21/03/2011 - 11:26 E-book sales by Hachette Livre in the United States are in line with the national average, according to the group's chairman and c.e.o. Arnaud Nourry. He told the Buzz Média service of the French daily Le Figaro that ebooks... Continue reading at The Bookseller

[ The Bookseller | 2011-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #hachette livre #national average #arnaud nourry #book market


The Secret to Digital Growth: Investing In Content?

Business Insider's Henry Blodget tells (almost) all. But can online revenue cover the costs of original content? Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #original content #digital growth #business insider


Penguin to treble investment in digital content

Written By: Charlotte Williams Publication Date: Mon, 07/03/2011 - 09:03 Penguin is to treble its investment in digital content in 2011 compared to 2010, as both Pearson and Bloomsbury cited a leap in digital sales as a key reason for growth in their interim full-year results, released last... Continue reading at The Bookseller

[ The Bookseller | 2011-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin group #enhanced ebooks #digital content #digital sales #key reason #john makinson #marketing material


Dulwich Books invests in 'modern' redesign

Written By: Lisa Campbell Publication Date: Tue, 01/03/2011 - 15:06 Dulwich Books has invested nearly £10,000 on a revamp to increase book space and create a new area for events. The owner Sheila O’Reilly said the redesign made her books more accessible for customers to buy and browse and she... Continue reading at The Bookseller

[ The Bookseller | 2011-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #author readings


Move over iPad, Kindle is coming to an AT&T store near you

By Joe Wilcox, Betanews Today, AT&T announced that, starting March 6, it will carry Amazon's Kindle reader in its retail stores nationwide. Timing is interesting, given iPad 2's imminent launch and Apple App Store subscription changes that could compel Amazon to curtail or even stop... Continue reading at Betanews

[ Betanews | 2011-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buying ebooks #web browser #ebook publishers #raise prices #profits handed #ios apps #copyright betanews


Future appoints former investment banker Wolstenholme as director

Magazine publisher Future, owner of Total Film and Classic Rock, has appointed former media investment banker Manjit Wolstenholme as non-executive director. Continue reading at Media Week

[ Media Week | 2011-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #non-executive director #total film #classic rock


Nearly a third of shoppers have "no spare cash"

Written By: Lisa Campbell The highest number of shoppers since records began have "no spare cash" to spend, it has been revealed. Statistics released in the latest Consumer Confidence Survey today (2nd February) by the Nielsen Company have found that nearly a third of shoppers reported they... Continue reading at The Bookseller

[ The Bookseller | 2011-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lisa campbell #highest number #records began #statistics released #disposable income #year earlier