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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Self-publishing will continue to grow, subscription services will move into the mainstream, and the general election will dominate in 2015, publishing industry insiders have predicted. Figures from trade and educational publishing, as well as from bookselling, agenting and writing, have shared... Continue reading at The Bookseller
[ The Bookseller | 2015-01-10 00:00:00 UTC ]
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The Bookseller Industry Awards will this year celebrate the ‘book’ of the year alongside the publishers, editors, and retailers who bring the titles to market. Continue reading at The Bookseller
[ The Bookseller | 2015-01-10 00:00:00 UTC ]
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Egmont has acquired Mel Foster and the Demon Butler, a middle grade adventure story set in Victorian London, by Julia Golding. Fiction publisher Stella Paskins acquired the world English rights from Caroline Walsh at David Higham Associates. The book, which is about an orphan who takes on... Continue reading at The Bookseller
[ The Bookseller | 2015-01-10 00:00:00 UTC ]
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In a major acquisition in the comics marketplace, IDW Publishing has acquired Top Shelf Productions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-06 00:00:00 UTC ]
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Despite another year of strong gains for the stock market, the Publishers Weekly Stock Index fell 13.6% in 2014 (relative to 2013), as only five of the 13 companies on the PWSI had an increase in their share price. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-02 00:00:00 UTC ]
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Barnes & Noble has reached an agreement with Pearson to buy out the publisher’s stake in Nook Media for $13.7 million in cash plus 602,927 shares of B&N common stock. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-23 00:00:00 UTC ]
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Independent Pinter & Martin has made a full acquisition of yoga book publisher YogaWords for an undisclosed sum. YogaWords, which was established in 2008 by online yoga shop Yogamatters in partnership with Pinter & Martin, will become wholly-owned by the latter on 1st January 2015. As... Continue reading at The Bookseller
[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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Pushkin Press is set to publish three books in the YA series Red Abbey Chronicles by Finnish writer Maria Turtschaninoff. Pushkin acquired the world English rights to Maresi and two subsequent books, from Elina Ahlback at the Ahlback Agency. Continue reading at The Bookseller
[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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Penguin has acquired the publishing rights to "Hey Duggee", a new pre-school children’s TV programme created by Studio AKA for Cbeebies and BBC Worldwide. The TV showis set at a children's playgroup called the Squirrel Club and is run by a big friendly dog called Duggee, who teaches children... Continue reading at The Bookseller
[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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The lack of diversity in the book publishing industry is not new or surprising to veterans of the business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-12 00:00:00 UTC ]
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Politics and a 15% drop in sales in 2014 has prompted Eksmo to sell its stake in Ukraine's Logos-Trans, which operates 50 Book Supermarket stores across the country. The post As Ukraine Sales Dip, Russia’s Eksmo Sells Bookstore Stake appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-12-11 00:00:00 UTC ]
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Bot fraud, digital advertising's albatross, will suck $6.3 billion from the industry next year, according to a much anticipated report highlighting the threat from the Association of National Advertisers and WhiteOps. Here is the scope of the problem, per analysts at SunTrust Robinson Humphreys:... Continue reading at AdWeek
[ AdWeek | 2014-12-09 00:00:00 UTC ]
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Two-hundred and eighty-six workers are to go from Penguin Random House US' Kirkwood warehouse and distribution facility, starting at the end of January. The publisher has confirmed filing a notice with the New York Department of Labor to this effect. The reason for the closure given in the... Continue reading at The Bookseller
[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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Penguin Random House announced the senior management appointments of its now-unified publishing operations group, which will be headed by Sue Malone-Barber as senior v-p, director, publishing operations, PRH. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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With the stock prices up at nine companies in the month, the Publishers Weekly Stock Index rose 6.5% in November. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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The discovery of talent via YouTube, a resurgence at Waterstones, the long-running Amazon/Hachette terms dispute and the thinning out of independent publisher numbers were among the significant developments in 2014, according to prominent figures in the industry. Continue reading at The Bookseller
[ The Bookseller | 2014-12-05 00:00:00 UTC ]
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Robb Report, a magazine and lifestyle brand dedicated to the ultra wealthy, has been sold to Rockbridge Growth Equity, a Detroit-based private equity firm. Terms weren't disclosed. Continue reading at Folio Magazine
[ Folio Magazine | 2014-12-04 00:00:00 UTC ]
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Faber Children’s has acquired the world rights to a 2016 diary from Louise Pentland, best known for her fashion and lifestyle channel ‘Sprinkle of Glitter’ on YouTube. Continue reading at The Bookseller
[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Nominations for the second annual London Book Fair's International Excellence Awards, which are offered in 13 categories, are now open. The post International Awards for a Global Book Industry appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-12-03 00:00:00 UTC ]
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Germany and France have put pressure on the European Commission to take a closer look at how big tech companies operate in the European Union, a move which could lead to tougher competition regulation for companies such as Google, Apple, Amazon.com and Facebook.French and German officials asked... Continue reading at PC World
[ PC World | 2014-11-28 00:00:00 UTC ]
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