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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Simon & Schuster (S&S) Children’s UK has bought the UK and Commonwealth rights to The Black Kids by Christina Hammonds Reed, which is set during the 1992 Rodney King riots. Continue reading at The Bookseller
[ The Bookseller | 2019-07-16 07:46:34 UTC ]
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HarperCollins' Brian Murray says the new deal with Sony Pictures Entertainment responds to today's changes in 'the business of storytelling.' The post HarperCollins and Sony Pictures Entertainment in Major Elizabeth Gabler Partnership appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-15 20:00:26 UTC ]
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As publishers vie to persuade us to pack their titles for the holidays, we chart the evolution of the ’beach read’Summer reads, beach reads, holiday reads … at this time of year, the publishing world works itself into a sweat trying to force its novels into our carry-on luggage, or over the... Continue reading at The Guardian
[ The Guardian | 2019-07-14 07:00:23 UTC ]
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The 2019 International Publishing Distribution Forum will be at Frankfurter Buchmesse, and in the UK, Emerald launches its redesigned platform. The post Industry Notes: International Distribution Forum at Frankfurt; UK’s Emerald ‘Insight’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-12 05:10:21 UTC ]
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Production company See-Saw Films has optioned the screen rights to Alice Oseman’s Heartstopper series of YA graphic novels. Continue reading at The Bookseller
[ The Bookseller | 2019-07-11 11:08:58 UTC ]
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Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
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Eve Rosen is an aspiring writer. She’s an editorial assistant at a literary imprint, but the office seems far friendlier to WASP-y men than to Jewish women like her. When her boss’s star writer, the longtime New Yorker reporter Henry Gray, invites Eve to spend the summer of 1987 as his research... Continue reading at Electric Literature
[ Electric Literature | 2019-07-09 14:00:32 UTC ]
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Penguin Random House has acquired the UK and Commonwealth rights to the novelisation of ‘The Prom’, a musical and film that launches on Netflix next year, written by Saundra Mitchell. Continue reading at The Bookseller
[ The Bookseller | 2019-07-09 10:57:52 UTC ]
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The British Library has acquired the 40-year archive of Granta magazine featuring letters and papers from authors including Margaret Atwood, JG Ballard, Angela Carter and Kazuo Ishiguro. Continue reading at The Bookseller
[ The Bookseller | 2019-07-09 06:16:31 UTC ]
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The prolonged uncertainty over the shape and timeline of Brexit has led to delayed investment decisions from publishers which will affect industry growth further down the line, Publishers Association president Peter Phillips has said. Continue reading at The Bookseller
[ The Bookseller | 2019-07-07 12:51:47 UTC ]
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Dallas-based translation publisher Deep Vellum has acquired the backlists of Phoneme Media of Los Angeles and A Strange Object of Austin, Tex., and is expanding into publishing works originally written in English. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-02 04:00:00 UTC ]
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Hitler’s manifesto was marketed on Amazon, Walmart, Barnes and Noble and Books-A-Million as “what we must do if we want to survive as a people and as a Race.” Continue reading at HuffPost
[ HuffPost | 2019-07-02 01:29:36 UTC ]
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Walker Books has acquired two novels by middle-grade author Jennifer Bell in a six-figure, pre-emptive deal. Continue reading at The Bookseller
[ The Bookseller | 2019-06-30 16:26:58 UTC ]
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Welcome to the first edition edition of Ad Age TV Brief, a new roundup of news from the world of broadcast, cable, streaming and beyond. Sinclair under fire “The Federal Communications Commission is investigating whether Sinclair Broadcast Group Inc. misled the government agency during its... Continue reading at Advertising Age
[ Advertising Age | 2019-06-28 20:34:29 UTC ]
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Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here’s the previous edition. Debate team: Just about every publisher seems to have a hot (or lukewarm) take... Continue reading at Advertising Age
[ Advertising Age | 2019-06-27 19:01:33 UTC ]
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Less than three years after its acquisition by private equity firm Genesis Park, Texas Monthly is changing hands once again. The Austin-based regional magazine confirmed Tuesday that it's being purchased by billionaire oil heiress Randa Duncan Williams in a deal expected to close on June 30.... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-25 20:55:25 UTC ]
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LiveRamp has agreed to acquire Boston-based Data Plus Math for $150 million, a move the company says will allow marketers to measure TV ad effectiveness across linear and advanced TV. LiveRamp provides brands the ability to match their first-party data to platforms such as Pinterest, for... Continue reading at Advertising Age
[ Advertising Age | 2019-06-24 15:34:50 UTC ]
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Audiobook streaming service BookBeat has launched in 24 new European markets, making the service available in 28 countries overall. Continue reading at The Bookseller
[ The Bookseller | 2019-06-24 12:31:26 UTC ]
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Describing a gradual decline in revenue for the US book business, the AAP's StatShot annual report estimates that the industry made $25.82 billion in 2018. The post AAP Issues Its Annual 2018 StatShot Look at the US Publishing Industry appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-06-24 03:19:46 UTC ]
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