Palm Coast Data Sold to Irish Magazine Publisher for $1 Million, Plus Rent

Palm Coast Data (PCD), the Florida-based provider of subscription and ecommerce fulfillment services to magazine publishers including F+W Media, MotorTrend Group and New York Media, has been sold by former longtime owner AMREP Corp. in exchange for $1 million in cash. The buyer, Studio Membership Services LLC, is a newly formed subsidiary of Irish Studio LLC, the venture-backed, Dublin- and New York-based publisher and PCD client whose portfolio includes IrishCentral.com, Irish Tatler and Food & Wine Ireland, among other brands. Despite operating on both sides of the Atlantic, Studio Media Group signaled a commitment to keep PCD in Florida, signing a pair of 10-year leases to rent PCD's existing facilities from AMREP as part of the deal for a total annual rent that will start at $1.9 million and rise to $2.5 million by the 10th year. "This is a great outcome for Palm Coast Data, its employees, clients and the community," said PCD CEO Rory Burke, who will stay on after the acquisition and report to Irish Studio's co-CEOs, Ciaran Casey and Katie Molony. "Studio Media Group is a strategic buyer in that they are a media company with a stable of publications and a deep rooted history of operational excellence. They are committed to investing in PCD, bringing to bear capital resources and an acute understanding of the issues that face our clients." For AMREP, the sale means an exit from the media services business, a space it had operated in since its 1969 acquisition of... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-05-08 00:00:00 UTC ]
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Penguin Random House Dismisses Two of Its Top Publishers

The departures of Reagan Arthur, who led Alfred A. Knopf, and Lisa Lucas, who held the top job at Pantheon and Schocken, came as a surprise to many in the company. Continue reading at The New York Times

[ The New York Times | 2024-05-20 22:16:53 UTC ]
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Latin American Publishers on Children’s Books, and Markets

For a Latin American publisher, it’s harder to enter Spain than the United States, one children's book publisher said at Bogotá's book fair. The post Latin American Publishers on Children’s Books, and Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-20 19:58:13 UTC ]
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An Idaho Public Library Will Become Adults-Only July 1, 2024

Donnelly Public Library will be for adults only beginning July 1, as a result of a bill in the state that would allow parents to sue libraries with "inappropriate material." Continue reading at Book Riot

[ Book Riot | 2024-05-20 15:07:54 UTC ]
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Is print dead? Not at this indie bookstore publishing L.A.'s untold stories

A local electrical engineer with a passion for literature is on a mission to share the stories of local authors who have struggled to break into the mainstream publishing industry. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-05-20 10:00:37 UTC ]
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Republic of Georgia: Publishing Industry Criticizes ‘Foreign Agents’ Bill

Georgia's foreign agents bill is drawing criticism from PEN Georgia, the Georgian Publishers and Booksellers Association, and others. The post Republic of Georgia: Publishing Industry Criticizes ‘Foreign Agents’ Bill appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-17 19:01:14 UTC ]
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Publishing Industry Sales Were Flat in the First Quarter of 2023

Trade publishing sales saw declines in the first quarter, precipitated by drops in the adult nonfiction and children's/YA categories, although audio continues to be a bright spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-16 04:00:00 UTC ]
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Religion Publishers See 'A Good Day'

While their counterparts in trade publishing struggle to increase sales, eight senior executives in the religion space discuss a banner 2023 and bright prospects for the current year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
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Revealed: US university lecturer behind far-right Twitter account and publishing house

Guardian investigation identifies Jonathan Keeperman, a former lecturer at the University of California, Irvine, as ‘Lomez’A Guardian investigation has identified former University of California, Irvine (UCI) lecturer Jonathan Keeperman as the man behind the prominent “new right” publishing... Continue reading at The Guardian

[ The Guardian | 2024-05-14 10:00:15 UTC ]
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Ken Follett to Publish New Novel with Hachette in 2025

Author Ken Follett will publish his next, as-yet-untitled book with Hachette Book Group and Hachette UK, after decades with Penguin and Pan Macmillan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-13 04:00:00 UTC ]
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How Fall Became The Big Season in Book Publishing

How Fall Became The Big Season in Publishing, SHOGUN Season 2 news, a RED, WHITE, & ROYAL BLUE sequel, and Amazon's Big Book Sale is Live...and Good. Continue reading at Book Riot

[ Book Riot | 2024-05-10 18:14:10 UTC ]
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Arcadia Publishing Acquires Dry Climate Studios

The purchase of children's publisher Dry Climate, best known for its alphabetical books spotlighting cities, states, and regions across the U.S., is the latest in a string of acquisitions made by the regional books publisher Arcadia. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-10 04:00:00 UTC ]
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U.K. Publishing Sales Rose 3% in 2023

Revenue for U.K. publishing in 2023 was £7.1 billion, about $8.9 billion at current exchange rates, the U.K.'s Publishers Association reported. Growth areas included exports, sales, and digital audiobooks, which saw double digit growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-08 04:00:00 UTC ]
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Publishers Association Blasts the UK Government’s Response to AI Report

'This report is a call to action for government' on the UK market's AI policy, says the Publishers Association's  Dan Conway in London. The post Publishers Association Blasts the UK Government’s Response to AI Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-08 00:00:35 UTC ]
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Simon & Schuster Acquires Dutch Publisher Veen Bosch & Keuning

S&S has acquired VBK, the largest Dutch book publishing house, and its subsidiaries and sister companies. The move marks the first major instance of a promised international expansion at S&S since its acquisition by private equity firm KKR last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-06 04:00:00 UTC ]
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Hacker demands ransom from B.C. libraries after data breach

Libraries in B.C. have been targeted by a hacker who threatened to release user data if a ransom was not paid. The B.C. Libraries Co-operative said it was contacted by a hacker "attempting to extort payment" using private information taken from its servers. Continue reading at CBC

[ CBC | 2024-05-03 18:55:02 UTC ]
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Ryo Yamaguchi Named Publisher at Copper Canyon Press

Following the retirements of longtime copublishers George Knotek and Joseph Bednarik on May 1, the Port Townsend, Wash.–based poetry press—which turned 50 last year—has tapped its publicist to lead its operations moving forward. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-03 04:00:00 UTC ]
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Janet Reid, Influential Publishing Blogger and Literary Agent, Dies

Reid's blogs, 'Query Shark' and 'Miss Snark,' were widely read destinations for frank commentary on the publishing industry and the querying process. After a more than 20-year career as an agent, she died after a brief illness on April 14. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-02 04:00:00 UTC ]
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The Best Children’s Book Deals of the Day for May 1, 2024

Jedi youngling adventures, anti-racism for kids, a disinformation toolkit, and more of today's best children's book deals. Continue reading at Book Riot

[ Book Riot | 2024-05-01 14:39:01 UTC ]
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Religion Book Deals: May 1, 2024

Baker Books signs Hobby Lobby founder David Green, Brazos signs Nijay K. Gupta's exploration of the Apostle Paul, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-01 04:00:00 UTC ]
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Met police to pay ‘five-figure sum’ to French publisher arrested under anti-terror laws

Exclusive: Ernest Moret was held en route to a book fair amid fears police are using counter-terrorism powers to target activistsA French publisher who was arrested in London by counter-terror officers has been awarded “substantial” damages by the Metropolitan police, as new figures reveal... Continue reading at The Guardian

[ The Guardian | 2024-04-29 06:00:25 UTC ]
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