Charlotte, N.C.-based private equity firm Falfurrias Capital Partners has acquired a majority stake in Industry Dive, the seven-year-old B2B media company whose online verticals span 19 different sectors including banking, construction, retail and supply chain. Contacted via email, Industry Dive co-founder and CEO Sean Griffey said neither side is sharing the financial terms of the transaction, but that the company plans to use the influx of funding to expand into additional markets, both through new launches and acquisitions, and to invest in its journalism. With revenues have more than quadrupled since 2015 to $22 million as of last year, the company hired eight additional editors and reporters a month ago when it launched its 19th vertical, CFO Dive, bringing the total newsroom headcount to 72. "We were attracted to Falfurrias because they shared our vision for the future," Griffey tells Folio:. "From the very first meeting, they highlighted their belief in the importance of high-quality, independent journalism to grow media companies. That resonated with the team here. We've had opportunities in the past but never felt that we had a partner who so closely aligned with our vision and values before." As a result of the deal, Falfurrias will gain two seats on Industry Dive's board of directors, but the company will continue to be led by Griffey and his two co-founders, CTO Eli Dickinson and CRO Ryan Willumson. Industry Dive isn't sharing which markets, specifically, it... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-09-05 16:26:03 UTC ]
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“Misfits” revisits a powerful speech the “I May Destroy You” creator gave at the 2018 Edinburgh TV festival. Continue reading at The Washington Post
[ The Washington Post | 2021-09-15 12:00:00 UTC ]
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Virago Modern Classics has acquired world English language rights in The Amazing Mr Blunden by Antonia Barber, ahead of a Sky Original Christmas film this year. Continue reading at The Bookseller
[ The Bookseller | 2021-09-15 06:44:43 UTC ]
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Capstone, publisher of children’s books and K-5 ed-tech content, has acquired Buncee, a digital creation, collaboration, and communication tool for students and educators. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-14 04:00:00 UTC ]
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Due to a convergence of supply-chain issues, shifting consumer preferences, auto advertising continues to shift from traditional to digital media channels, even as total spending is expected to drop. The post Media Buying Briefing: As the auto industry shifts its priorities, digital media... Continue reading at Digiday
[ Digiday | 2021-09-13 04:05:00 UTC ]
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An open invitation from figures including Nikesh Shukla and Yara Rodrigues Fowler has been issued for people in the trade to form a group that will "change the UK publishing industry for the better". Continue reading at The Bookseller
[ The Bookseller | 2021-09-10 01:23:23 UTC ]
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Cambridge University Press & Assessment has acquired CogBooks, an online technology company which specialises in adaptive courseware. Continue reading at The Bookseller
[ The Bookseller | 2021-09-09 18:13:45 UTC ]
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Studio Press, an imprint of Bonnier Books UK, has acquired More is More Décor by interior designer and Instagrammer Siobhan Murphy. Continue reading at The Bookseller
[ The Bookseller | 2021-09-06 17:12:14 UTC ]
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As much as £2.2 billion (US$3.1 billion) in revenue, the Publishers Association says, is imperiled in the UK's copyright consultation. The post UK’s Publishers Association: 64 Percent of Book Revenue at Stake in Copyright Question appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-30 00:44:30 UTC ]
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Germany publishing company Axel Springer says it has signed a deal to buy the U.S.-based political news site Politico and the tech news site Protocol from founder Robert L Continue reading at ABC News
[ ABC News | 2021-08-26 18:57:02 UTC ]
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With the acquisition of the German house Audiobuch, Lindhardt og Ringhof will have bought and/or partnered with five publishers this year. The post Copenhagen’s Saga Egmont Acquires Freiburg’s Audiobuch Verlag appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-25 15:45:38 UTC ]
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A law firm's charity arm is launching several bookshops as a way to combat loneliness and foster community connections. Continue reading at The Bookseller
[ The Bookseller | 2021-08-25 09:01:14 UTC ]
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Total revenues year-to-date January-to-June revenues across all categories in the US book industry came in at US$6.3 billion. The post AAP StatShot: US Industry Up 18.1 Percent, January to June, Year to Date appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-24 15:00:26 UTC ]
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Independent publisher Pinter & Martin has snapped up Kimberly Seals Allers' "positive, empowering" birthing guide for Black mothers. Continue reading at The Bookseller
[ The Bookseller | 2021-08-24 08:31:58 UTC ]
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Cipher Press has acquired Nat Reeve's "extraordinary, ambitious" historical debut Nettleblack and its sequel in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2021-08-23 14:07:08 UTC ]
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Music publishers have been on a spending spree in recent years, buying the catalogs and copyrights for songs of famous musicians at a frantic pace. Last December, Universal Music Publishing Group bought up Bob Dylan’s entire discography in a deal estimated at more than $300 million. Similarly,... Continue reading at Engadget
[ Engadget | 2021-08-22 16:00:37 UTC ]
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The Duke of Sussex's news coincided with his first public appearance in the U.S. since the birth of his daughter, Lilibet. Continue reading at The Huffington Post
[ The Huffington Post | 2021-08-20 15:50:27 UTC ]
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Georgina Pazcoguin’s biting memoir is full of melodrama. It also has an important message. Continue reading at The Washington Post
[ The Washington Post | 2021-08-19 12:00:00 UTC ]
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Headline Review has acquired two more books from Matt Cain, whose fourth novel, The Secret Life of Albert Entwistle, was published by the imprint earllier this year. Continue reading at The Bookseller
[ The Bookseller | 2021-08-19 11:27:18 UTC ]
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The Bodley Head has acquired two titles from German filmmaker and storyteller Werner Herzog, including a memoir. Continue reading at The Bookseller
[ The Bookseller | 2021-08-18 19:49:03 UTC ]
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Hachette Book Group has announced that it is to acquire Workman Publishing, an independent publisher in the US, for $240m (£174m). Continue reading at The Bookseller
[ The Bookseller | 2021-08-17 21:02:19 UTC ]
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