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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Faber has acquired When Stars are Scattered, a "heart-wrenching" graphic novel set in a refugee camp, based on the true story of Omar Mohamed. Continue reading at The Bookseller
[ The Bookseller | 2020-05-28 21:44:16 UTC ]
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John Murray is to publish Burning the Books: A History of Knowledge Under Attack by Richard Ovenden, director of Oxford’s Bodleian Libraries. Continue reading at The Bookseller
[ The Bookseller | 2020-05-27 22:22:06 UTC ]
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Having dropped up to 2.5 million units in its worst 'acute COVID period' week, Kristin McLean says the US publishing industry needs to assess, predict, and harden weak spots for challenges ahead. The post NPD’s Kristen McLean on the US Industry: Weathering the Pandemic appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-05-27 12:33:49 UTC ]
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Michelle Obama's Becoming (Penguin) has leapt into the Amazon Charts' Most-Sold: Non-Fiction number one slot, defeating Joe Wicks' Wean in 15 (Bluebird) after three weeks at the top. Continue reading at The Bookseller
[ The Bookseller | 2020-05-27 09:17:00 UTC ]
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Lionel Shriver’s novel is more determined to make its point than to make us consider what it means to tend a body for the long haul. Continue reading at The Washington Post
[ The Washington Post | 2020-05-26 15:48:36 UTC ]
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Digital media company Team Whistle has acquired Tiny Horse, a marketing services firm focused on over-the-top streamers, TV networks, producers and advertisers. The companies didn’t disclose terms of the deal, however, sources told Variety the acquisition was mostly in the form of a stock swap... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-05-22 09:54:48 UTC ]
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Even as layoffs, pay cuts and indefinite furloughs become an almost daily occurrence in the media industry, news about such developments grows no less tragic and alarming. Such was the case Thursday morning, when Atlantic Media chairman David Bradley revealed in a staff memo that, despite... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-21 16:30:08 UTC ]
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Buster Books, the children's imprint of Michael O’Mara Books, will publish CBeebies presenter Dr Jess French's first book. Continue reading at The Bookseller
[ The Bookseller | 2020-05-21 16:01:48 UTC ]
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Sophie Bradshaw, former non-fiction publisher at The History Press, has launched a new literary agency and editorial consultancy, drawing on her 17 years’ experience in the industry. Continue reading at The Bookseller
[ The Bookseller | 2020-05-21 08:11:42 UTC ]
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The transfer of the 2020 Australian Book Industry Awards arrives as a slickly edited, expertly produced video evocation of the usual onstage event, full of personality and comedy. The post The Australian Book Industry Awards’ Digital Show: Undaunted by COVID-19 appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-05-20 16:56:37 UTC ]
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The extent to which the COVID-19 pandemic will impact publishing is still coming into focus, and, as our content director noted last month, will likely take years to fully assess. Absent the luxury of planning years, months or even weeks into the future, publishers of all sizes have been forced... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-19 18:45:36 UTC ]
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Doubleday has acquired debut novel The Flames about four women "muses" who inspired artist Egon Schiele, in a "major" six-figure pre-empt. Continue reading at The Bookseller
[ The Bookseller | 2020-05-18 02:34:02 UTC ]
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Walker books will publish Nikki Lilly's Come on Life: Highs, Lows and How to Live Your Best Teen Life. Continue reading at The Bookseller
[ The Bookseller | 2020-05-17 16:39:01 UTC ]
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Bloomsbury Children’s Books has acquired a pandemic-inspired picture book from author Michelle Robinson, with illustrations by Emily Hamilton. Continue reading at The Bookseller
[ The Bookseller | 2020-05-17 13:35:10 UTC ]
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The bosses of two Omnicom stablemates, Tammy Einav of Adam & Eve/DDB and Tim Pearson from OMD Group UK, have been working more closely since the virus crisis and have a blueprint for recovery. Continue reading at Media Week
[ Media Week | 2020-05-15 07:16:20 UTC ]
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In another move to broaden its reach in the worldwide children’s book publishing market, Trustbridge has acquired Walker Books, the U.K.-based children’s publisher and owner of Candlewick Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-12 04:00:00 UTC ]
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When Sylvia Beach, the New Jersey native who published Ulysses and opened Paris’ Shakespeare and Co. (“the most famous bookstore in the world”), died in 1962, Princeton University purchased and catalogued her papers. This trove of materials reveals, among other things, the reading preferences of... Continue reading at Literrary Hub
[ Literrary Hub | 2020-05-08 19:46:30 UTC ]
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Survey shows 60% expect the impact of the pandemic may put them out of business, prompting calls for concerted helpMore than half of the UK’s small publishers fear they could be out of business by the autumn as a result of the coronavirus pandemic, according to research by the Bookseller, which... Continue reading at The Guardian
[ The Guardian | 2020-05-07 15:02:20 UTC ]
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A first assessment of the Chinese market, January to March, shows physical bookstore sales plunging 60+ percent, printing stalled, supply chain disrupted. The post First Quarter Industry Report: The Coronavirus Hits China’s Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-05-05 03:15:53 UTC ]
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W H Allen is to publish How Not to Be Wrong: The Art of Changing Your Mind by James O'Brien, with editorial director Jamie Joseph acquiring all rights directly from the author. Continue reading at The Bookseller
[ The Bookseller | 2020-05-04 12:59:16 UTC ]
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