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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The “Yellowface” author is using her voice to bring Asian and Asian American histories to life on the page, and advocating for others to do the same. Continue reading at HuffPost
[ HuffPost | 2024-10-22 15:00:22 UTC ]
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Meta has made it very clear to Australians that they do not value our journalism or our public interest mediaThe joint select committee on social media and Australian society tabled their interim report on Monday, recommending that the government explore alternative revenue mechanisms to... Continue reading at The Guardian
[ The Guardian | 2024-10-22 04:53:35 UTC ]
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University of Toronto Press has acquired Legas Publishing and its backlist of approximately 225 scholarly books on cultural studies, language arts, and social sciences. It is UTP's fourth acquisition in the past 12 months. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-22 04:00:00 UTC ]
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Days before opening its guest of honor week at Frankfurt, Italy's publishers' point to a €100 million loss in public funds under the Meloni government. The post Frankfurt: Guest of Honor Italy Reports Book Industry Slowdown appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-10 02:46:20 UTC ]
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A look at China’s book market data shows signs of post-pandemic recovery, as well as new trends in book sales channels. The post China’s Publishing Industry Seeks New Growth Amid Recovery appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-08 00:27:24 UTC ]
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“I was loath to jump into it,” Black List founder Franklin Leonard says of expanding into publishing. “It’s not a great look to be like, ‘I'm from Hollywood and I'm here to save you.’” Continue reading at Wired
[ Wired | 2024-10-04 15:00:00 UTC ]
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Report finds that books with main characters from minority ethnicities or who are disabled or neurodivergent are written by those who do not share the protagonist’s identityMore than half of children’s books with marginalised main characters are by writers and illustrators who do not share their... Continue reading at The Guardian
[ The Guardian | 2024-10-03 17:10:48 UTC ]
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Can the industry save itself from short-term thinking, even if Google is dealt a blackened eye, or bloodied nose during a raft of government tussles? Continue reading at Digiday
[ Digiday | 2024-09-20 04:01:00 UTC ]
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A 26.8-percent decrease in returns was a factor in the US market's trade net sales in June, according to the AAP's new StatShot report. The post AAP StatShot: US Book Industry Was Up 6.2 Percent in June appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-09-19 21:48:55 UTC ]
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Held in Düsseldorf, Germany, every four years, Drupa is the largest printing technologies exhibition in the world. This year’s event, which ran from May 28 through June 7, drew 170,000 trade visitors, 80% of whom came from overseas, and 1,643 exhibitors. Themes throughout the fair’s 18... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Hachette v. Internet Archive was brought by book publishers objecting to the archive’s digital lending library. Continue reading at Wired
[ Wired | 2024-09-04 17:55:16 UTC ]
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Hundreds of titles from Judy Blume to Mark Twain purged from school libraries following rightwing challengesSix major book publishers have teamed up to sue the US state of Florida over an “unconstitutional” law that has seen hundreds of titles purged from school libraries following rightwing... Continue reading at The Guardian
[ The Guardian | 2024-08-30 17:40:29 UTC ]
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A major lawsuit challenges Florida's book banning law, SPARE is finally coming out in paperback, and how the NYPL memed its way into saving more than 50 million bucks from being cut from its budget. All in today's top book news. Continue reading at Book Riot
[ Book Riot | 2024-08-29 16:33:25 UTC ]
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The August 29 complaint over H.B. 1069 argues that the statute is vague and overbroad, and that it has led to the improper removal of hundreds of books from school and classroom libraries in the state. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-29 04:00:00 UTC ]
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Continuing its international expansion, Simon & Schuster's Australian arm acquires Affirm Press, a 14-year-old independent publisher. The post Simon & Schuster Australia Acquires Affirm Press appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-08-26 15:00:02 UTC ]
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The agreement to buy the Melbourne-based independent publisher is Simon & Schuster's second overseas acquisition since it was bought by KKR late last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-26 04:00:00 UTC ]
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The complaint accuses Anthropic of using a dataset dubbed “the Pile,” which allegedly includes a trove of pirated works, to develop its Claude AI product. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-20 04:00:00 UTC ]
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The pros are here to remind us that racism persists in publishing. Plus: an adaptation from a queer icon and an MCU-style romance enterprise. Continue reading at Book Riot
[ Book Riot | 2024-08-15 15:15:00 UTC ]
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Travel guides are taking fresh approaches to, and expanding beyond, familiar destinations. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-09 04:00:00 UTC ]
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Digital media company Ziff Davis acquired tech publisher CNET from its parent company, Red Ventures, for more than $100 million, according to reporting from The New York Times. The acquisition confirms an Axios report from January, which found that Red Ventures had been... Continue reading at AdWeek
[ AdWeek | 2024-08-06 10:53:30 UTC ]
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