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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Table and seat bookings for The Bookseller Industry Awards will close in one week’s time (Tuesday 5th May 2015 at 5pm). There are a very few tables and seats left for the event, which takes place at the Hilton Park Lane on May 11th. Continue reading at The Bookseller
[ The Bookseller | 2015-04-29 00:00:00 UTC ]
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Facebook drives 25 per cent of all social referrals online, and its algorithm changes can boost or blast a publishers' figures almost overnight. The social network is also reportedly in talks with news outlets inluding the New York Times a ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-04-29 00:00:00 UTC ]
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#media outlets
Over the last decade, publishers have seen many external factors impacting their business models. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
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Scholastic has acquired a royal superhero fantasy adventure series about Prince Alfie, heir to the throne, by TV scriptwriters Mark Huckerby and Nick Ostler. The publisher acquired world rights to two titles in the series and the first book, Defender of the Realm, will be published in 2016.... Continue reading at The Bookseller
[ The Bookseller | 2015-04-22 00:00:00 UTC ]
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Penguin Random House imprint Vermilion has acquired a new book by Brené Brown about overcoming mistakes, called Rising Strong. Susanna Abbott, Vermilion publishing director, and Cathryn Summerhayes of WME agreed the deal for UK and Commonwealth rights. Brown is a research professor at the... Continue reading at The Bookseller
[ The Bookseller | 2015-04-22 00:00:00 UTC ]
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The two spiritual leaders will collaborate on the book to share their perspectives on joy and achieving a meaningful life. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-14 00:00:00 UTC ]
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Open Road Integrated Media has secured rights to a large body of British writer Alan Sillitoe’s work, as well as the rights to his last, unpublished novel, 'Moggerhanger.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-14 00:00:00 UTC ]
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Mariella Frostrup is returning to host The Bookseller Industry Awards for 2015 for a second consecutive year. The BBC Radio 4 "Open Book" presenter, who was hugely popular with the audience at last year’s event, will be back at the helm of this year's ceremony at the Hilton Hotel on Park Lane,... Continue reading at The Bookseller
[ The Bookseller | 2015-04-10 00:00:00 UTC ]
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Mantle has pre-empted a debut novel by Sharon Guskin. Associate publisher Sam Humphreys bought UK and Commonwealth rights to The Forgetting Time from Kerry Nordling for Flatiron Books. Amy Einhorn will publish for Flatiron in the US and Canada. Continue reading at The Bookseller
[ The Bookseller | 2015-04-03 00:00:00 UTC ]
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After the stock prices of all 13 companies on the Publishers Weekly Stock Index rose in February, there was much more of a split verdict in March, when prices rose at seven companies but fell at six. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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Books are a serious business, but the publishing industry had a little fun on April 1 to commemorate April Fools' Day. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-01 00:00:00 UTC ]
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Penguin Random House has acquired The NOPI Cookbook by Yotam Ottolenghi and Ramael Scully. The collection of more than 120 recipes from Ottolenghi and collaborator and NOPI head chef Scully will showcase the pair’s favourite recipes from the celebrated central London restaurant. Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Pushkin Children’s Books has acquired another book by Tonke Dragt, author of The Letter for the King. Publisher Adam Freudenheim acquired world English rights to the book, which was first published in Dutch in 1966, from Luciënne van der Leije at publishing house Leopold. Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Allison & Busby has signed a historical novel from Julian Stockwin. the second in a series of standalone books dramatising pivotal moments. Publishing director Susie Dunlop bought UK and Commonwealth rights, excluding Canada, to The Crakys of War, in a deal with Carole Blake at Blake... Continue reading at The Bookseller
[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Elena Ramirez, editorial director of Seix Barral and director of international fiction for Planeta, Spain’s largest publisher, observes that the Spanish book industry has adjusted to a new normal after the country’s financial crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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The new government should be stronger on copyright, more supportive of the arts and place more emphasis on libraries, trade figures have told The Bookseller. Continue reading at The Bookseller
[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Scholastic will take minority equity stake in MBI and launch a cobranded line of interactive kids ebooks for early learners. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-23 00:00:00 UTC ]
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Orion is to publish a smokehouse cookbook, described by its authors as a “meat-lover’s bible”. Amanda Harris, deputy publisher at Orion Non-Fiction, bought world rights to Let There Be Meat by James Douglas and Scott Munro from Nick Canham at The Richard Stone Partnership. Douglas and Munro... Continue reading at The Bookseller
[ The Bookseller | 2015-03-21 00:00:00 UTC ]
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Longterm subscription funding platform Patreon adds creators after acquiring Subbable, a similiar platform founded by the Green brothers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-19 00:00:00 UTC ]
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Bloomsbury Children’s UK and US divisions will simultaneously publish a new YA novel from Len Vlahos in winter 2017. In House of Stone, fifteen-year-old Jackie's dad is dying of a brain tumour so decides to auction off his life on eBay to a reality TV show producer. Disgusted by the farce the... Continue reading at The Bookseller
[ The Bookseller | 2015-03-17 00:00:00 UTC ]
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