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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The Mass Merchandiser Channel Helps Lift Unit Sales 1%

At outlets that report to NPD BookScan, unit sales of print books were 1% higher in the week ended Nov. 5, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
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Digiday Research: 3 percent of European publishers believe Snapchat offers the best revenue returns

European publishers are building audiences on Snapchat, but they think it offers the worst revenue return among major video players. The post Digiday Research: 3 percent of European publishers believe Snapchat offers the best revenue returns appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-10 00:00:00 UTC ]
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John McVie's Honolulu retreat hits the market at $6.25 million

John McVie, the bassist of Fleetwood Mac fame, has put his home in Honolulu up for sale at $6.25 million. Set on a palm-lined street near the base of Diamond Head, the 7,953-square-foot house features stone and wood floors, vaulted ceilings and large picture windows that bring in views of the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
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Macmillan to Close Its Self-Publishing Unit, Pronoun

In a surprise move, the publisher said it will be ceasing operations of Pronoun, a self-publishing platform that it acquired in May 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-07 00:00:00 UTC ]
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Publishers Now Have a Monetization Tab to Turn Facebook Instant Articles Ads On or Off

Publishers running ads within Facebook Instant Articles no longer have to resort to HTML to turn those ads on or off. Product manager Hassam Tewfik announced in a Facebook Media blog post that the social network added a monetization tab to Facebook Audience Network, enabling publishers to toggle... Continue reading at AdWeek

[ AdWeek | 2017-11-07 00:00:00 UTC ]
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Nonfiction Categories Drive 3% Unit Gain

At outlets that report to NPD BookScan, unit sales of print books were 3% higher in the week ended Oct. 29, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-03 00:00:00 UTC ]
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In the hunt for consumer revenue, publishers are hiring e-commerce marketing veterans

The New York Times, Conde Nast and Time Inc. have hired talent from e-commerce and retail companies for their consumer marketing skills. The post In the hunt for consumer revenue, publishers are hiring e-commerce marketing veterans appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-02 00:00:00 UTC ]
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Meredith Sues the IRS, Alleging $12 Million Overpayment

The Better Homes & Gardens publisher says the agency's assessment is "without factual basis and legally erroneous." The post Meredith Sues the IRS, Alleging $12 Million Overpayment appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-11-01 00:00:00 UTC ]
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Amazon is adding Audible support to its entry-level Kindle

The cheapest Kindle is getting the best feature for those who'd rather listen to books than read them. Based on its listing (as found by The Digital Reader), Amazon is rolling out Audible support for the $80 device "in the coming months." The e-retai... Continue reading at Engadget

[ Engadget | 2017-10-30 00:00:00 UTC ]
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Facebook announces new ad transparency before Russia hearing

Under pressure in advance of hearings on Russian election interference, Facebook is moving to increase transparency for everyone who sees and buys political advertising on its site. Executives for the social media company said Friday they will verify political ad buyers in federal elections,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-28 00:00:00 UTC ]
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To deal with native ad pains, Vox Media brings distribution in-house

With the help of an ad testing tool, the publisher reduced its reliance on buying traffic from Facebook to meet clients' campaign goals. The post To deal with native ad pains, Vox Media brings distribution in-house appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-10-27 00:00:00 UTC ]
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Adult Nonfiction Drives Unit Gains

The string of weekly sales gains this fall continued in the week ended Oct. 22, 2017. At outlets that report to NPD BookScan, unit sales of print books were 4% higher than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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Book Deals: Week of October 30, 2017

Estelle Laure sells a new YA novel, HarperWave publisher Karen Rinaldi turns author, FSG buys Hafsah Faizal’s debut YA, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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PW Picks: Books of the Week, October 30, 2017

This week: Isabel Allende's new novel, plus what we think about when we think about soccer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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This Week's Bestsellers: October 30, 2017

Gabrielle Union and Gretchen Carlson address sexual harassment and violence in their new books. Plus Kenneth Branagh’s ‘Murder on the Orient Express’ remake propels Agatha Christie’s 1934 mystery onto our trade paperback list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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On the minds of European publishers: Platform pushback, GDPR enforcement and ad fraud

During town hall-style meetings and working groups, attendees identified the biggest issues on their minds, including GDPR enforcement worries and social media platforms. The post On the minds of European publishers: Platform pushback, GDPR enforcement and ad fraud appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-10-26 00:00:00 UTC ]
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Colin Kaepernick rumored to land a million-dollar book deal

Colin Kaepernick, the former San Francisco 49ers quarterback who inspired a nationwide protest movement against racism, has a million-dollar book deal from Random House imprint One World, according to the New York Post's Page Six. Random House did not immediately respond to a request for comment... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-25 00:00:00 UTC ]
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Bloomsbury's first half revenues soar 15%

The Bloomsbury Group’s revenues soared by 15% to £72.1m for the first six months of its financial year, helped by J K Rowling’s Harry Potter books which boosted sales in the publisher’s children’s division by 33%. Continue reading at The Bookseller

[ The Bookseller | 2017-10-25 00:00:00 UTC ]
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Google aims to share revenue with news publishers

Google isn't kidding around when it says it wants to make amends with subscription-based news outlets. The search giant's head of news, Richard Gingras, told the Financial Times that the plan is to share revenues with publishers who take advantage o... Continue reading at Engadget

[ Engadget | 2017-10-23 00:00:00 UTC ]
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Harry Potter exhibition sells record 30,000 advance tickets

The British Library has revealed that its Harry Potter exhibition has sold more than 30,000 tickets - the highest number of advance tickets it has ever sold for an exhibition. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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