Quartz Said to Near $30 Million in Revenue, Without Clickbait or Standard Ad Units

Many digital media businesses chase readers on the largest scale possible, all the better to attract advertisers that want to spread their messages widely. But big reach comes at a cost -- in quality, in resources -- that isn't always justified by the ad rates online.Unfortunately the niche game isn't much easier, just as rife with competition and demands on limited resources. So it's good news for smaller publishers that Quartz, the Atlantic Media brand primarily dedicated to covering the global economy, seems to be on the cusp of making it work, at least according to a person familiar with the business.Quartz is on pace to bring in more than $30 million in revenue this year, having already booked $25 million, the person said. It is selling high-polish display ads for a CPM, or cost per thousand impressions, above $60 range, as well as content marketing services and sponsorships of editorial products, according to the person, who was not authorized to discuss the brand's finances. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-07-15 00:00:00 UTC ]
News tagged with: #big reach #smaller publishers #global economy #thousand impressions #editorial products

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Bookstore News: November 30, 2017

Waterstones' pre-Christmas opening spree; the new Harvard study that reveals indies are thriving; the Minnesota store that mimics an Icelandic tradition; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-30 00:00:00 UTC ]
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Snapchat's New $250K Story Ads Are Made for the Redesign

Snapchat is selling its new Promoted Story ads, which debuted on Black Friday, for $250,000, according to some advertisers.The premium price reflects the fact that the format gives brands their own channel inside the media nerve center of Snapchat, and the ad unit goes to every user in the... Continue reading at Advertising Age

[ Advertising Age | 2017-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad placements #black friday #promoted story #cover image #discover channel


Units Drop 3% In Thanksgiving Week

Print unit sales were down 9% to mass merchandisers, and off 1% in the retail and club channel, in the Thanksgiving week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-29 00:00:00 UTC ]
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BuzzFeed is laying off 100 workers, 8% of its U.S. employees, after missing revenue target

Digital media company BuzzFeed said it is laying off 8% of its U.S. employees, or 100 workers, as it changes its business model in a bid to boost revenue. It's also cutting an unspecified number of jobs in Britain. The company has 1,700 employees worldwide. A spokeswoman for New York-based... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business model #boost revenue #unspecified number


How Bored Panda Survived Facebook's Clickbait Purge

As other viral publishers succumb to Facebook's algorithm changes, Bored Panda thrives with a mix of photos, animal stories, and funny lists. Continue reading at Wired

[ Wired | 2017-11-28 00:00:00 UTC ]
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Translating Facebook's New Ad Policy Manifesto

Facebook is laying down the law on ads this week with a new mission statement that is meant to clarify how it operates in the marketplace.On Monday, an ad policy manifesto attributed to VP of ad product Rob Goldman appeared on the Facebook blog. It also was reposted on Facebook by executives... Continue reading at Advertising Age

[ Advertising Age | 2017-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad principles #mission statement #people connect #meaningful ways


Facebook Restates Its Ad Principles To Try To Show You It’s Not Creepy

The blog post comes amid growing frustration over the use of the company’s targeted ads to discriminate against minorities and spread Russian propaganda. Today Facebook’s VP of ad products, Rob Goldman published a blog post about the company’s ad practices across Facebook, Messenger, and... Continue reading at Fast Company

[ Fast Company | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #targeted ads #ad principles #ad products


Snapchat Spends Black Friday Serving HBO Ads to Every User on its Service

Snapchat users emerging from their tryptophan haze this morning will see a promoted story from HBO with a message telling Black Friday shoppers to stay home and watch "Game of Thrones" instead. The ad is the first since Snapchat began serving ads to go out to every user in the country.The ad can... Continue reading at Advertising Age

[ Advertising Age | 2017-11-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #promoted story #stay home #media partners


A Week Before Thanksgiving, Unit Sales Rise 2%

Unit sales of print books rose 2% in the week ended Nov. 19, 2017, over the comparable week in 2016 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-24 00:00:00 UTC ]
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Walliams scores a hat-trick while 5 Ingredients tops half a million

David Walliams’ Bad Dad (HarperCollins) has screeched into a third week as the UK Official Top 50 number one, selling 80,643 copies for £472,764. Continue reading at The Bookseller

[ The Bookseller | 2017-11-22 00:00:00 UTC ]
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Ambitious $317 Million NYPL Renovation Plan Detailed in First Public Meeting

In the first public hearing on the plan to renvovate the historic Stephen A. Schwarzman main library, NYPL officials promised to the concerns and desires of their constituents. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-21 00:00:00 UTC ]
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Anna Todd, Mega-Wattpad Star, Aims for 30 Territories Sold by June 1

Anna Todd, whose 'After' series has more than 1.5 billion reads, follows Simon & Schuster contracts with an indie series selling fast into world markets. The post Anna Todd, Mega-Wattpad Star, Aims for 30 Territories Sold by June 1 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-20 00:00:00 UTC ]
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John Lewis Christmas ad accused of plagiarism by Mr Underbed author

Chris Riddell points out similarities between Moz the monster and a character from his 1986 picturebookA renowned writer and illustrator of children’s books has suggested John Lewis may have plagiarised one of his stories for its latest Christmas advert, which was launched to great fanfare last... Continue reading at The Guardian

[ The Guardian | 2017-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #great fanfare #chris riddell #john lewis #picture book


NYPL Unveils $317 Million Master Plan for Historic Main Library

The plan, which was unanimously approved by the NYPL board, will mean a 20% increase in public space for research, exhibitions, and educational programs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-16 00:00:00 UTC ]
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Facebook Is Adding Highlighted Shares to Video Insights for Pages

Facebook's Video Insights for Pages is welcoming a new feature Wednesday: Highlighted Shares. The social network said in a Facebook Media blog post that Highlighted Shares will offer publishers more information about how other Facebook pages are sharing their videos. Highlighted Shares will list... Continue reading at AdWeek

[ AdWeek | 2017-11-16 00:00:00 UTC ]
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The Digital Double Standard

Here's the way I see it: The difference between old and new media publishers (or traditional and digital-native publishers, if you prefer) is that, while both struggle to stay afloat, some new media companies just don't quite realize it yet.I've been thinking about the economics of all... Continue reading at Advertising Age

[ Advertising Age | 2017-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #teen vogue #cutting back #architectural digest #bottom line #high drama


Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts

European publishers are less likely than U.S. publishers to make most of their digital video revenues from their owned and operated sites. The post Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digiday research #owned sites #european publishers #video revenue


HarperCollins global revenues rise $12m in first quarter

Worldwide revenues at HarperCollins have grown by $12m (£9.13m) to $401m (£305.24m) for the first quarter of 2017, with digital sales increasing 6% due to growth in audiobook sales. Continue reading at The Bookseller

[ The Bookseller | 2017-11-11 00:00:00 UTC ]
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Nosy Crow partners with John Lewis on fifth Christmas ad book

Nosy Crow has created a children’s picture book based on this year’s John Lewis Christmas advert: Moz The Monster, which is published today to coincide with the ad's launch. Continue reading at The Bookseller

[ The Bookseller | 2017-11-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john lewis #nosy crow