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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Orion Children’s Books has acquired a new adventure series by Caroline Lawrence, author of The Roman Mysteries books, set in Roman Britain. Editor Felicity Johnston acquired the world rights to four books, excluding the US and Canada, from Clare Pearson at Eddison Pearson. The series, entitled... Continue reading at The Bookseller
[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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Profile Books has purchased the business of specialist publisher Third Millennium Information Ltd for an undisclosed sum. Profile assumed responsibility for Third Millennium publishing from the beginning of this month. Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Archaeologist and BBC presenter Alex Langlands is writing a book arguing that making things is good for the soul. Walter Donohue at Faber & Faber commissioned Cræft, spelt the Anglo-Saxon way, in a deal with Patrick Walsh at Conville & Walsh. Langlands has presented programmes for the... Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Program focuses on multiplatform strategy, while the association tries to graduate 'magazines' to 'media.' The post MPA’s AMMC Looks to Redefine the Magazine Industry appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-02-05 00:00:00 UTC ]
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The MPA hosted its annual American Magazine Media Conference in New York this week and closed the show with “A View From The Top.” The post Does ‘Magazine Media’ Actually Redefine The Industry? appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-02-04 00:00:00 UTC ]
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Harper Lee, the author of To Kill a Mockingbird, will publish a sequel called Go Set a Watchman. Continue reading at BBC News
[ BBC News | 2015-02-04 00:00:00 UTC ]
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The French culture ministry’s National Book Centre (Centre National du Livre, CNL) will overhaul its system of financial support for the book industry in order to simplify and update it. The reform, which was approved by the CNL’s board last week, reduces the number of interest-free loans and... Continue reading at The Bookseller
[ The Bookseller | 2015-02-03 00:00:00 UTC ]
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By Denis Wilson Yes, data has become a buzzword and anyone with a little extra hot air will be eager to tell you it's the cure to what ails your business. The collection of articles in this issue of Publishing... Continue reading at Publishing Executive
[ Publishing Executive | 2015-02-02 00:00:00 UTC ]
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Rowman & Littlefield has acquired the assets of Gooseberry Patch, the Columbus, Ohio-based publisher best known for its family-friendly cookbooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-02 00:00:00 UTC ]
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Hodder & Stoughton has acquired a “brave new perspective on feminism, fashion and the righteous pursuit of a sexy vibe” by journalist Polly Vernon. In Hot Feminist, Vernon draws on "her own experiences of how ideas of womanliness and feminism are endlessly manipulated both in the media and... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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Oneworld has bought a book looking at the “expanding billion dollar industry” of hair. Senior commissioning editor Sam Carter acquired world rights to Entanglement: The Secret Lives of Hair by Emma Tarlo, Professor of Anthropology at Goldsmiths, from Emily Sweet Associates. The book “recounts... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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With Snapchat Discover launching earlier this week, publishers now have a new way to tease their content on social media and find backing from brands. The new offering allows marketers to directly sponsor stories on the platform, getting their names in front of a younger audience. We spoke to... Continue reading at AdWeek
[ AdWeek | 2015-01-31 00:00:00 UTC ]
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Simon & Schuster Children’s Books has acquired Zeroes, the first in a new YA trilogy about teenagers with superpowers. The Zeroes are six teenagers, all born in the year 2000, who live in Cambria, California. Their abilities make them anything but heroes – until a high stakes crisis... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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A group of investors led by Axel Springer SE, Europe's biggest newspaper publisher, has paid $25 million for a stake in Business Insider Inc. as the German media company seeks to expand its digital... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-01-29 00:00:00 UTC ]
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Chicken House has acquired Moth and the Nightingale, a middle-grade children’s novel from debut author Lucinda Martin. The book, described as a “subtle and surprisingly modern interpretation of the lonely, bookish child”, tells the story of Henry, a young girl whose life changes when she meets... Continue reading at The Bookseller
[ The Bookseller | 2015-01-23 00:00:00 UTC ]
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Two words: talent grab.You may not recognize the Toronto-based design firm Teehan+Lax, but you probably know some of the hit products it's behind, like the social publishing platform Medium and the reading app Readability. Now, the firm is closing, as Facebook—in a play for total publishing... Continue reading at Fast Company
[ Fast Company | 2015-01-20 00:00:00 UTC ]
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Oneworld has signed a debut novel set in the behind-the-scenes world of New York's restaurants. Sweetbitter, by Stephanie Danler, follows Tess, who arrives in New York and soon finds herself working at one the city's landmark restaurants. While learning to enjoy the food and other substances... Continue reading at The Bookseller
[ The Bookseller | 2015-01-17 00:00:00 UTC ]
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The wider publishing industry – including book, journal, newspaper and magazine publishing - was worth more than £9.9bn to the UK economy in 2013, 3.2% up from the year before, according to newly released government statistics. The rise is slightly above the 2013 UK annual inflation rate of 2.5%. Continue reading at The Bookseller
[ The Bookseller | 2015-01-14 00:00:00 UTC ]
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ReedPOP, which organizes the New York Comic Con, has acquired Emerald City Comicon, a fast growing pop culture convention based in Seattle, Washington. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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The University of British Columbia Library has acquired two rare, 19th-century novels that scholars believe may have been written by Oscar Wilde. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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