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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Palace Project, Draft2Digital Strike Deal to Offer Indie E-books to Libraries

Beginning next week, the first of an anticipated 500,000 indie and self-published e-book titles from Draft2Digital and Smashwords (which merged last year) will be made available for library lending via the Palace Marketplace, the upstart Palace Project’s digital content platform. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-09 05:00:00 UTC ]
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Do box sets matter in the Spotify era?

Musicians and studios put loads of time and money into special edition commemorative releases, most of which will never be experienced by listeners. From The Velvet Underground to Joni Mitchell, it seems everyone is rolling out a special edition box set these days. Just look at the last few... Continue reading at Fast Company

[ Fast Company | 2023-01-28 03:00:00 UTC ]
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Rupert Murdoch Backtracks on Plan to Merge Fox and News Corp

News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.” Continue reading at The New York Times

[ The New York Times | 2023-01-25 00:02:52 UTC ]
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London Book Fair Plans: Scholarly and Rights Conferences

Research and scholarly publishing again has a conference at London Book Fair, and 'Introduction to Rights' returns on the show's eve. The post London Book Fair Plans: Scholarly and Rights Conferences appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-01-20 14:09:40 UTC ]
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HarperCollins Union Plans Rally at News Corp Offices in Manhattan

As the union approaches its 50th day on strike, union representatives are aiming to put pressure on the publisher’s parent company to settle the strike. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-13 05:00:00 UTC ]
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Big Bad Wolf’s Big Plans

As the cofounder of BookXcess and Big Bad Wolf, Andrew Yap is the most powerful bookseller you likely don’t know. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-30 05:00:00 UTC ]
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LibLearnX Set to Debut In-Person Event In New Orleans

The library community is set to gather for the first-ever in-person edition of the ALA’s nascent winter event, LibLearnX: The Library Learning Experience, set for January 27–30, 2023, at the Ernest N. Morial Convention Center in New Orleans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-09 05:00:00 UTC ]
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LibLearnX Set to Debut In-Person Event in New Orleans

The library community is set to gather for the first-ever in-person edition of the ALA’s nascent winter event, LibLearnX: The Library Learning Experience, set for January 27–30, 2023, at the Ernest N. Morial Convention Center in New Orleans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-09 05:00:00 UTC ]
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AnimeNYC 2022: More Manga, Big Plans for the Future

AnimeNYC returned to the Javits Center November 18-20 with a slightly larger crowd than last year, a bigger manga presence, and even bigger plans for the future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-22 05:00:00 UTC ]
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HC Union, Management Plan for Strike

After a planned strike for today was delayed until Thursday, both HC union members and management appear to be gearing up for what the union has termed "an open-ended" strike. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-07 05:00:00 UTC ]
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'1619 Project' Creator Nikole Hannah-Jones Slams Backlash, Book-Banning Efforts

The project, which examines the history and effects of slavery, has faced bans and attempted bans since its publication in 2019. Continue reading at The Huffington Post

[ The Huffington Post | 2022-10-28 07:39:53 UTC ]
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HarperCollins Union Workers Planning Second Strike in November

The unionized employees of HarperCollins voted to authorize a strike on Monday, November 7, after the two parties failed to reach an agreement after months of negotiations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-18 04:00:00 UTC ]
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Lauren Groff’s next novel is set in the 17th-century American wilderness.

That’s the same perilous American wilderness that almost killed Leonardo DiCaprio, except 200 years younger, sprier and, one would assume, significantly more bear-ful. Now, I don’t know how many bears feature in three-time National Book Award finalist, Guggenheim fellow, and winner of the Story... Continue reading at Literrary Hub

[ Literrary Hub | 2022-09-30 16:33:32 UTC ]
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7 Books Set in Pakistan

On her first day at an American high school, the protagonist of my novel, Hira, faces a dilemma. She considers herself well-read, but as she rifles through a thick textbook in her English Literature class, she realizes that none of the American authors in there are familiar to her. It is 2010,... Continue reading at Electric Literature

[ Electric Literature | 2022-09-22 11:00:00 UTC ]
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Partnership Publishing Sets the Collective Book Studio Apart

The publisher’s unique approach is perfect for authors looking to work closely with a team of publishing experts to create high-quality books readers will love. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-11 04:00:00 UTC ]
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5 mystery books to cozy up with as the sun sets on vacation season

Settle in with novels by Donna Leon, Sulari Gentill, Elly Griffiths, Jean-Luc Bannalec and Sara Paretsky. Continue reading at The Washington Post

[ The Washington Post | 2022-08-23 12:00:00 UTC ]
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Journalists at rightwing Daily Express set to strike over pay

Staff from newspaper that rails against ‘militant trade unions’ will join sister outlets in striking on FridayThe Daily Express has repeatedly warned its readers that “militant trade unions” are bringing Britain to its knees – but this week many of the newspaper’s own staff will go on strike in... Continue reading at The Guardian

[ The Guardian | 2022-08-21 16:41:06 UTC ]
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With Hearing Set, Court Urged to Dismiss Closely Watched Virginia Obscenity Lawsuits

A Virginia state judge has set an August 30 hearing for two lawsuits that seek to ban two popular books from bookshelves across the state, alleging they are “obscene” under an obscure state obscenity law. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-03 04:00:00 UTC ]
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Stephen King set to testify for gov't in books merger trial

Bestselling author Stephen King has testified in a federal antitrust trial in Washington Continue reading at ABC News

[ ABC News | 2022-08-03 00:28:27 UTC ]
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Pearson plans to sell its textbooks as NFTs

Educational publisher’s move into non-fungible tokens is intended to claw back some of the income lost to secondhand salesTextbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said.Educational books are... Continue reading at The Guardian

[ The Guardian | 2022-08-02 15:37:17 UTC ]
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