Rubicon Project Sets $100M IPO Plan

The Rubicon Project, a digital advertising platform for buyers and sellers, has revealed its plans to sell its shares publicly. The LA-based company follows a number of ad tech firms that have tested public markets within the past year, including Criteo, RocketFuel, Tremor Video, YuMe among others. Rubicon revealed revenues and losses in its first public financial statement. The company. In the past nine months of 2013, Rubicon generated $55.7 million, compared to $37.6 million during that timeframe in 2012. Losses rose from $4.4 million in the last nine months of 2012 to $9.2 million in 2013. Rubicon said it helps deliver ads to up to 550 million Internet users while working with 500 leading Web publishers and 100,000 global brand buyers. Total revenue spent on ads on the platform—managed revenue—rose 44 percent in the first nine months of 2013 to $326.7 million, compared to $226.8 million during the same time period in 2012. Rubicon said it would raise $100 million, but that number could change when it eventually goes public, which could take months. Morgan Stanley and Goldman Sachs are leading the initial public offering. The company was valued at more than $300 million, based on the $5.92 fair market price of shares when stock options were granted in October. News Corp. is a major shareholder owning more than 20 percent of the company. News Corp., founded by Rupert Murdoch, also uses Rubicon to sell ad inventory from Web properties.     Continue reading at 'AdWeek'

[ AdWeek | 2014-02-05 00:00:00 UTC ]
News tagged with: #time period #morgan stanley #goldman sachs #rupert murdoch #web properties

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US govt plans mega $250m ‘defeat despair’ Covid-19 campaign

Campaign will have a "large paid traditional and digital media component" including TV, radio and out of home ads, document states. Continue reading at Media Week

[ Media Week | 2020-09-02 14:20:09 UTC ]
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HQ scoops Sheffield-set debut novel from journalist Rawlins

HQ has scooped The Steel Girls, a debut novel from journalist and university lecturer Michelle Rawlins, in a three-book deal. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 19:21:33 UTC ]
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Simon Stephenson’s hilarious ‘Set My Heart to Five’ follows a robot with Hollywood aspirations

Programmed to be a dentist, Stephenson’s protagonist heads west, unleashing wry observations along the way. Continue reading at The Washington Post

[ The Washington Post | 2020-09-01 14:20:37 UTC ]
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Judge Sets Tentative Schedule for Internet Archive Copyright Case

Under the August 31 order, the closely watched case over book scanning and lending is to be ready for trial by November 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-01 04:00:00 UTC ]
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Clavis CEO Sets Sights on U.S. Talent

Clavis Publisher and CEO Philippe Werck believes there is illustration talent all over the world—and in launching the U.S. Key Colors Competition, he set out to find it. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-30 04:00:00 UTC ]
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ReBoot Virtual Conference Set for October 13

"ReBoot: Books, Business and Reading," a virtual conference aimed at preparing the publishing industry for 2021, has been set for October 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-26 04:00:00 UTC ]
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Audible Rolls Out Lower-priced Subscription Plan

Audible is launching Audible Plus, a $7.95 per month service that will provide listeners will unlimited access to more than 68,000 hours of original content. In conjunction with the launch, the company has restructured its traditional credit-based subscription service into a new $14.95 per month... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-25 04:00:00 UTC ]
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How to pitch a new project

The Borough Press editor and Rising Star 2020 Ore Agbaje-Williams – who spearheaded her company's BAME open submissions period with The Good Literary Agency – shares her top tips for pitching and launching a new work project. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 02:15:30 UTC ]
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Media report: Amazon plans to invest in Rackspace

San Antonio-based cloud services company Rackspace Technology Inc. could get investment from Seattle-based tech giant Amazon.com Inc., according to a Reuters report citing an anonymous source close to the deal. Amazon (Nasdaq: AMZN) would acquire a minority stake in Rackspace (Nasdaq: RXT) in... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-08-17 16:02:51 UTC ]
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Taking on the hardest cases — without DNA — and setting the innocent free

Jim McCloskey describes how his faith fueled his work, and how his work tested his faith. Continue reading at The Washington Post

[ The Washington Post | 2020-08-07 12:00:00 UTC ]
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NYC Child Care Plan Includes Using Libraries

The NYC plan to provide education to 1 million students in the fall includes creating 100,000 "learning lab" seats in libraries and other community spaces. Continue reading at Book Riot

[ Book Riot | 2020-08-05 10:33:00 UTC ]
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Bestselling Author Predicts The 3 Cards Of 'Trump's Evil Plan' For Reelection

Don Winslow warns that Trump is planning a "big loud" October surprise attack on Biden. Continue reading at HuffPost

[ HuffPost | 2020-07-31 08:24:11 UTC ]
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Chelsea Green Publishing outlines its plan for UK market expansion

Though several publishers have been hit hard by the economic impact of coronavirus, one that has been thriving during this period is Chelsea Green Publishing (CGP), which specialises in non-fiction books on the politics and practice of sustainable living. CGP was launched by American... Continue reading at The Bookseller

[ The Bookseller | 2020-07-26 22:38:39 UTC ]
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Lana Del Rey will release her poetry collection as an audiobook set to Jack Antonoff music. (Same.)

Lana Del Rey is releasing her forthcoming poetry collection, Violet Bent Backwards Over The Grass, on Tuesday, July 28 in digital form. In case you prefer your celebrity poetry spoken aloud, though, she has also recorded an audio version of the book, which will be released on vinyl, CD,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-24 16:04:22 UTC ]
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Emma Donoghue’s ‘The Pull of the Stars’ sets a gripping story in the midst of the 1918 flu pandemic

Donoghue’s tale of heroism, about a maternity ward nurse, reads like a thriller. Continue reading at The Washington Post

[ The Washington Post | 2020-07-21 14:59:44 UTC ]
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Some publishing staff set to work from home until 2021

Publishers are divided on when staff should return to office buildings, with some back at their desks already but others—including Pearson and Taylor & Francis—planning to keep some staff at home until next year. Continue reading at The Bookseller

[ The Bookseller | 2020-07-19 14:53:46 UTC ]
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Mary Trump's memoir sells 950,000 on first day, setting a record for publisher

'Too Much and Never Enough,' Mary L. Trump's book on her uncle Donald Trump sets record for Simon & Schuster. But POTUS has nothing on Voldemort. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-07-16 16:14:02 UTC ]
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Chatham announces plan to buy newspaper publisher McClatchy

Hedge fund Chatham Asset Management said it plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:42:02 UTC ]
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Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
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Court Sets New Hearing, Extends Order Blocking Mary Trump's Tell-All to July 13

New York State Supreme Court judge Hal B. Greenwald on Friday extended the temporary restraining order barring the author from publishing or or talking about her explosive tell-all 'Too Much and Never Enough' until after a July 13 hearing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-10 04:00:00 UTC ]
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