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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Telegraph takeover: UK planning new laws to prevent foreign states owning assets

New legislation could thwart planned £600m purchase of media group by UAE-backed consortiumThe UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the... Continue reading at The Guardian

[ The Guardian | 2024-03-13 15:52:35 UTC ]
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Tattered Cover Files Updated Reorganization Plan

A new plan by the iconic Denver bookseller sees a streamlined company emerging from bankruptcy as early as June and returning to profitability next year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-11 04:00:00 UTC ]
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Another new residential project in sight for Gowanus

Another new residential development is on its way to Gowanus, more than two years after the neighborhood's rezoning.Developer Michael Khoo is planning a project at 557 Third Ave., located between 14th and 15th streets in the Brooklyn neighborhood, that will span about 30,000 square feet with 41... Continue reading at Crains New York

[ Crains New York | 2024-03-05 18:08:04 UTC ]
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Bookseller Oral History Project Finds Permanent Home at the University of Iowa Libraries

The Bookseller Oral History Project, a program intended to document and preserve the history of bookselling in the U.S., has found a permanent home at the University of Iowa Libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-05 05:00:00 UTC ]
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After hiring new local executive, Australian startup plans to nearly triple Denver team

An Australian startup that recently hired a new North American president plans to grow its U.S. headquarters in Denver. The startup is a digital platform that helps privately owned businesses determine their valuation. It also helps create a roadmap for a successful exit, which could include a... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2024-02-28 13:09:19 UTC ]
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Whodunits Abroad: 8 Historical Mysteries Set Outside the U.S.

You get historical fiction and mystery plus some armchair travel — what's not to like? Continue reading at Book Riot

[ Book Riot | 2024-02-27 11:30:00 UTC ]
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London Book Fair 2024: Setting the Agenda

The London Book Fair embraces its new status as the first major publishing event of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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Michele Norris Explores Race and Identity In a New Book on the Race Card Project

The journalist spoke to the 951 booksellers attending Winter Institute about the Race Card Project, which she launched 14 years ago, and how it has evolved into a much-needed dialogue about both race and identity in the U.S.—and a new book, 'Our Hidden Conversations.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-14 05:00:00 UTC ]
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Must-Read Historical Fiction Set in Italy

The best historical fiction set in Italy, like these nine titles, explores the complex and even chaotic history of the country. Continue reading at Book Riot

[ Book Riot | 2024-01-18 11:31:00 UTC ]
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Tattered Cover Submits Bankruptcy Plans, Owes Nearly $4 Million to Creditors

On Tuesday, the ownership group that controls Denver's Tattered Cover bookstores filed the first part of its bankruptcy reorganization plans, citing some $3.1 million owed to unsecured creditors, including half a million dollars to its former CEO. A further $820,000 is owed to secured lenders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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Inaugural Eleanor Roosevelt Banned Book Awards Set for Next Month

On February 17, the Eleanor Roosevelt Center and the Fisher Center at Bard College will host the first-ever Eleanor Roosevelt Banned Book Awards; in addition, Judy Blume will be honored with the Lifetime Achievement Award for Bravery in Literature. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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7 Books Set In Turkey

How many stories does it take to get to know a place?  Lifelong residents may write confidently of their homeland, but among the travelogs and novels and poems and memoirs that give shape to a city, I’m partial to books written from the perspective of those still calibrating their relationship... Continue reading at Electric Literature

[ Electric Literature | 2024-01-10 12:00:00 UTC ]
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At PRH, CEO Nihar Malaviya Sets Employee Priorities for 2024

Improving psychological safety, clarity around corporate strategy, and more attention on professional development are the three areas of focus Penguin Random House will prioritize over the two years, according to a memo from global CEO Nihar Malaviya. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-10 05:00:00 UTC ]
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After Hearing, Court Set to Decide Fate of Iowa LGBTQ Book Banning Law

A federal judge is set to rule before the end of the year on two lawsuits seeking to block a controversial new Iowa law, SF 496, that would ban books with sexual content from Iowa classrooms and school libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-22 05:00:00 UTC ]
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20 Must-Read Historical Fiction Books Set in Korea

These books provide us with a deeper understanding of what Korea is beyond what we hear or see in popular culture. Continue reading at Book Riot

[ Book Riot | 2023-12-15 11:30:00 UTC ]
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Rockstar Games co-founder Dan Houser's next projects are a graphic novel and an audio drama

Absurd Ventures, the new creative studio from Rockstar Games co-founder and ex-creative director Dan Houser, has announced its first projects. As it happens, neither of them are video games, at least not yet. The first of these two new universes is called American Caper,... Continue reading at Engadget

[ Engadget | 2023-11-29 21:02:58 UTC ]
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Rockstar Games co-founder Dan Houser's next projects are a graphic novel and an audio drama

Absurd Ventures, the new creative studio from Rockstar Games co-founder and ex-creative director Dan Houser, has announced its first projects. As it happens, neither of them are video games, at least not yet. The first of these two new universes is called American Caper, which will debut as a... Continue reading at Engadget

[ Engadget | 2023-11-29 21:02:58 UTC ]
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