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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Books-A-Million in last-minute Borders bid

Written By: Bookseller Staff Publication Date: Fri, 22/07/2011 - 09:32 Books-A-Million has bid for up to 35 US Borders stores in a last-minute offer to try and save part of the 40-year-old bookselling chain. The chain, which also runs stores under the names Books & Co., Bookland and Joe... Continue reading at The Bookseller

[ The Bookseller | 2011-07-22 00:00:00 UTC ]
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Orion to publish Where's Asterix?

Written By: Benedicte Page Publication Date: Fri, 22/07/2011 - 14:05 Asterix the Gaul is the latest character to get Where's Wally?-style treatment, with the publication of Where's Asterix? (hb, £8.99) coming from Orion, the series' UK licensor, in September. The book has already been... Continue reading at The Bookseller

[ The Bookseller | 2011-07-22 00:00:00 UTC ]
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Indigo fires Canadian publishers' anger over changing terms

Written By: M J Deschamps in Ottawa Publication Date: Fri, 22/07/2011 - 15:02 Canadian publishers have attacked the decision by Indigo Books & Music, the country's biggest bookshop chain, to stock fewer books and evaluate returns on a shorter time frame. They claim it is putting extra... Continue reading at The Bookseller

[ The Bookseller | 2011-07-22 00:00:00 UTC ]
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Conde Nast, Other Publishers Look to Standardize Audience Metrics In Digital Editions

Digital editions, the oft-dubbed “Wild West” of the publishing world, may be charted in the near future. Many publishers are investing large amounts of time and resources to navigating user behavior in tablet editions of magazines, and this data is being used in a variety of ways. Continue reading at Folio Magazine

[ Folio Magazine | 2011-07-21 00:00:00 UTC ]
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Hearst, Bonnier Agree to MediaVest Demand for Tablet Data

Today brought two steps forward for transparency when it comes to readership of tablet media. With the tablet market still in its infancy, media buyers have been reluctant to put ad dollars towards an unproven platform where there’s little consumer data. One prominent buyer, MediaVest’s Robin... Continue reading at AdWeek

[ AdWeek | 2011-07-21 00:00:00 UTC ]
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Natmag poaches Grazia publisher Ella Dolphin for Cosmo

Ella Dolphin, the publisher of Bauer Media title Grazia, is to join Cosmopolitan as publishing director. Continue reading at Media Week

[ Media Week | 2011-07-20 00:00:00 UTC ]
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Publishers Association plans second digital survey

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[ The Bookseller | 2011-07-19 00:00:00 UTC ]
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Time Magazine Rolls Out Print/Digital Subscriptions -- And Puts Up Another Web Pay Wall

Time magazine is making it easier for readers to subscribe to its digital and print editions. And harder for non-subscribers to read the magazine on the Web. Continue reading at AllThingsD

[ AllThingsD | 2011-07-19 00:00:00 UTC ]
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Hearst-Owned Magazines Launching Daily Deals With Group Commerce

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[ AllThingsD | 2011-07-18 00:00:00 UTC ]
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Egmont launches new teen magazine 'We Love Pop'

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[ Media Week | 2011-07-18 00:00:00 UTC ]
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Ebury to publish Armistice poetry collection

Written By: Charlotte Williams Publication Date: Fri, 15/07/2011 - 14:29 Ebury is hoping to have unearthed the talents of a new generation of war poets as it publishes a collection of verses, selected by a panel including poet laureate Carol Ann Duffy, to coincide with Armistice Day. read more Continue reading at The Bookseller

[ The Bookseller | 2011-07-15 00:00:00 UTC ]
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Children's publishing "haemorrhaging talent"

Written By: Caroline Horn Publication Date: Fri, 15/07/2011 - 08:46 The industry is "haemorrhaging talent" as authors and illustrators are finding it increasingly difficult to make a living in the children's sector. Agent Caroline Sheldon said that she estimated that fewer than half of the... Continue reading at The Bookseller

[ The Bookseller | 2011-07-15 00:00:00 UTC ]
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E-textbooks are destroying the old publishing business model

By Tim Conneally, Betanews The business model behind textbooks is completely out of step with what the market today wants, according to the head of Nature Publishing's digital textbook initiatives. Continue reading at Betanews

[ Betanews | 2011-07-15 00:00:00 UTC ]
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Publishers and E-Commerce: Perfect Together

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[ Folio Magazine | 2011-07-15 00:00:00 UTC ]
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Lock, Stock, and Publisher

Booksellers have the industry connections to publish their books just about anywhere, but for some bookstore owners, self-publishing is preferable to going the traditional route. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-07-08 00:00:00 UTC ]
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Publishers seek second half upturn to 2011

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[ The Bookseller | 2011-07-08 00:00:00 UTC ]
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Cinchcast Launches Audio Platform Cloud Solution for Digital Publishers

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[ Folio Magazine | 2011-07-07 00:00:00 UTC ]
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Utne Reader Launches Social Media Curated Magazine

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[ Folio Magazine | 2011-07-07 00:00:00 UTC ]
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French publisher La Martinière joins the iBookstore.

Written By: Barbara Casassus Publication Date: Wed, 06/07/2011 - 07:32 La Martinière is the latest French publisher to sign up to sell ebooks through Apple’s iBookstore. About 150 La Martinière and Seuil titles are available so far, with another 300 expected to follow by the end of the summer,... Continue reading at The Bookseller

[ The Bookseller | 2011-07-06 00:00:00 UTC ]
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London Magazine asks for bookshop votes

Written By: Katie Allen Publication Date: Tue, 05/07/2011 - 09:25 The London Magazine has launched a competition for readers to nominate their favourite bookshop, highlighting indies including Daunts. As part of the publication's The Great Little Shop Awards, this month the magazine is asking... Continue reading at The Bookseller

[ The Bookseller | 2011-07-05 00:00:00 UTC ]
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