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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“Self-Published Authors = 50% of the EBook Market by 2020″

Mark Coker, founder of Smashwords, has made the prediction that self-published books will account for 50% of ebook sales by 2020. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-13 00:00:00 UTC ]
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Canongate to publish Drabble's digital backlist

Canongate has signed five of Margaret Drabble's backlist to release as ebooks for the first... Continue reading at The Bookseller

[ The Bookseller | 2014-03-13 00:00:00 UTC ]
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Amazon Publishing launches German language programme

Amazon Publishing is launching a German language programme, after being "delighted"... Continue reading at The Bookseller

[ The Bookseller | 2014-03-12 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, March 12, 2014

B&H author on Dancing with the Stars; Religion Communicators honor books; Outreach magazine selects winning titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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DiPreta Named Publisher of Hachette Books

The Hachette Book Group has appointed Crown Archetype editor-in-chief Mauro DiPreta v-p and publisher of Hachette Books, a new division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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Monthly Magazine #2: Ebooks Around the World

Our digital magazine for March focuses on ebook businesses and initiatives around the world, from sales to format, enhanced content to devices. Download your copy here. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-11 00:00:00 UTC ]
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Indian Publisher Pauses on Second Hinduism Book

An Indian publisher says it will have independent scholars examine objections from a conservative Hindu group to a book by American religion scholar Wendy Doniger. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-11 00:00:00 UTC ]
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Why so many digital publishers are flocking back to print

Digital publishers like Politco, Pitchfork, and Pando are reworking their online brands for print, a medium that they were supposed to replace.The post Why so many digital publishers are flocking back to print appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-03-10 00:00:00 UTC ]
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Is the LRB one of the best magazines in the world?

The London Review of Books has become the most successful – and controversial – literary publication in Europe. Just what is Mary-Kay Wilmers, its 75-year-old editor, getting so right?The offices of the London Review of Books are situated on the top two floors of a Georgian townhouse in the... Continue reading at The Guardian

[ The Guardian | 2014-03-09 00:00:00 UTC ]
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New Tribune Publishing CEO Jack Griffin Wants to Develop Company's Marketing Arm

Tribune Company has named Jack Griffin CEO of its publishing unit, the company said Thursday. His first day is April 14.The publishing unit, which consists of eight newspapers including the Los Angeles Times and Chicago Tribune, was formed last July when Tribune announced its intention to spin... Continue reading at Advertising Age

[ Advertising Age | 2014-03-07 00:00:00 UTC ]
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Digital publishers chase video with mixed results

Text-based Web publishers like Business Insider and Vox Media are trying their hands at video. But some are doing a better job of it than others. The post Digital publishers chase video with mixed results appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-03-07 00:00:00 UTC ]
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Children's publishers respond to 'gender' debate

There has been a mixed responses from children's publishers to a campaign encouraging them to... Continue reading at The Bookseller

[ The Bookseller | 2014-03-07 00:00:00 UTC ]
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Digital media a priority for Tribune Publishing CEO Jack Griffin

Veteran publishing executive Jack Griffin will be CEO of Tribune Publishing, which is being spun off from Tribune Co. Times Publisher Eddy Hartenstein will chair the board in a non-executive role.Veteran publishing executive Jack Griffin has been named chief executive of the new Tribune... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-03-07 00:00:00 UTC ]
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Libraries, Authors and Publishers Head to SXSW 2014

SXSW Interactive (March 7-11), the annual tech festival, opens today in Austin, Tex. and expect to see a wide range of publishers and publishing-related events. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-07 00:00:00 UTC ]
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Can A Startup Help Publishers Cut Out Twitter, Facebook, And Flipboard?

Connecting content creators and consumers would be an enormous coup for news sites, magazines, TV networks, and other media. We look at three startups that could help.At magazines like Fast Company, we rely on distribution networks to get our articles to our readers. In print, the primary... Continue reading at Fast Company

[ Fast Company | 2014-03-07 00:00:00 UTC ]
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Katie Bond leaves Bloomsbury as publisher restructures

Katie Bond is to take voluntary redundancy at Bloomsbury following a restructure of the company... Continue reading at The Bookseller

[ The Bookseller | 2014-03-06 00:00:00 UTC ]
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March’s Top Reviews of Self-published Books from BlueInk Review

This month's starred reviews of self-published books from BlueInk Review honor two works of fiction: a dystopian saga and a thriller set in Australia. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-05 00:00:00 UTC ]
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Cardinal fashion sins! Headlines to look out for in My Pope magazine

Silvio Berlusconi's publishing house has launched a glossy magazine dedicated to Pope Francis, with photographs and a pull-out centrefold. Here are a few ideas for the next issue …Pope Francis is no ordinary celebrity, but until recently he was lacking one of global fame's most common... Continue reading at The Guardian

[ The Guardian | 2014-03-05 00:00:00 UTC ]
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Flipboard Acquires CNN's Zite for $60 Million in Bid to Consolidate Reader Market

Flipboard, an app that displays digital media in magazine-like form on tablets, is acquiring one of its smaller competitors, Zite, for a reported $60 million.As part of the deal, Flipboard will get direct access to all CNN content, including video, as well as CNN personalities like Fareed... Continue reading at Advertising Age

[ Advertising Age | 2014-03-05 00:00:00 UTC ]
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Meat Industry 1, Obama Administration 0

This essay is excerpted from The Meat Racket: The Secret Takeover of America’s Food Business, by Christopher Leonard, published by Simon & Schuster. Read another excerpt from The Meat Racket, about how Tyson keeps chicken prices high. Continue reading at Slate

[ Slate | 2014-03-04 00:00:00 UTC ]
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