Scribd Gets $58 Million in New Financing

Scribd said the new investment will be used to support growth and product innovation as well as enhance operations. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-11-25 05:00:00 UTC ]
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Thanksgiving Weekend Drew over 151 Million Shoppers

According to the National Retail Federation, more than 151 million people shopped in stores and/or online over Thanksgiving weekend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-30 00:00:00 UTC ]
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Sales, Losses Inch Up at Books-A-Million

Led by adult coloring books, third quarter sales at Books-A-Million rose 0.4%, but the loss increased to $7.1 million from $6.9 million in last year's third period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #quarter sales


'Mockingjay -- Part 2' logs $101-million opening, lowest in 'Hunger Games' franchise

Katniss Everdeen may have come out on top of the weekend box office with an estimated $101 million in domestic ticket sales, but the new "The Hunger Games: Mockingjay -- Part 2" fell short of industry expectations and, unlike the "Twilight" and "Harry Potter" young-adult juggernauts, her "Hunger... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-11-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #harry potter #fell short #hunger games


Zonderkidz's Berenstain Bears Line Sells Five Million Copies

The Living Lights brand from Zonderkidz and author/illustrator Mike Berenstain recently passed the five-million unit sales mark. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
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Advisory Firm Backs Bid for Books-A-Million

Ahead of a December 8 vote on the proposal by the Anderson family to take Books-A-Million private, an advisory firm recommended that shareholders vote for the offer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #shareholders vote #anderson family


Tribune Offers $3 Million to Fund Freedom Bankruptcy Case

Tribune Publishing Co., the owners of the Los Angeles Times, offered $3 million to fund Freedom Communication Inc.’s bankruptcy case during the newspaper publisher’s first bankruptcy hearing Wednesday.   A lawyer for the ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-11-04 00:00:00 UTC ]
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Milkweed Editions Raises $1.5 Million For Its 35th Anniversary

Milkweed Editions is celebrating its 35th anniversary by completing a highly successful fund-raising effort. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #milkweed editions #35th anniversary


Amazon Commits $10 Million to Translations, Prompting Questions

As Amazon invests $10 million its translation project, Susan Bernofsky ask if Amazon is turning translation into a 'glorified form of self-publishing.' The post Amazon Commits $10 Million to Translations, Prompting Questions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #susan bernofsky #translation project


At Frankfurt: AmazonCrossing's new $10 million translation bid

Meet Sarah Jane Gunter today, Wednesday, 3 p.m. Frankfurt Book Fair In a move that answers a constant question both from independent authors and from publishers, AmazonCrossing has announced that it now is accepting submissions.  Continue reading at The Bookseller

[ The Bookseller | 2015-10-14 00:00:00 UTC ]
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Graphic Novel Sales Hit $460 Million in 2014

Graphic novel sales hit a high of $460 million in 2014, and remain strong this year, even as comics periodical sales have hit a soft patch. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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Medium Raises $57 Million for the ‘Best Stories and Ideas on the Internet’

Medium, the publishing platform hatched by Twitter co-founder Ev Williams, has raised $57 million in a round led by Andreessen Horowitz.   It’s the three-year-old company’s second funding round, and people familiar with Medi ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #funding round #andreessen horowitz #round led


Has Amy Schumer signed an $11 million book deal?

Comic darling. Tick. Feature film debut, Trainwreck. Tick. Emmy for cable channel sketch show. Tick. Continue reading at Stuff

[ Stuff | 2015-09-23 00:00:00 UTC ]
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Axel Springer Wants to Buy Business Insider for Around $560 Million

German publishing giant Axel Springer is closing in on a deal to buy Business Insider, in a deal that would value the Web publisher at around $560 million.      Sources familiar with the two companies think a transaction could close w ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sources familiar #business insider #axel springer


Hearst Invests $21 Million in Pop-Culture Network Complex Media

Hearst has made another bet on an emerging pop-culture brand, investing $21 million in Complex Media, a digital-media company that operates websites devoted to music, fashion, food and movies.Hearst, the publisher of Cosmopolitan and Esquire magazines, last year acquired a 25% stake in... Continue reading at Advertising Age

[ Advertising Age | 2015-09-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #cable networks #strong brands #media companies #statement tuesday


L.A. arts groups get $4.5 million from Michael Bloomberg's foundation

Michael Bloomberg, the publishing mogul and former New York City mayor, will pump $4.5 million into L.A.'s nonprofit arts scene over the coming two years, as part of a national initiative by his Bloomberg Philanthropies to help small and mid-size arts organizations. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-09-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bloomberg philanthropies #michael bloomberg


News Corporation to Buy Unruly for Up to $176 Million

News Corporation announced Wednesday that it was buying Unruly, a video ad technology company, in a deal worth up to $176 million that underscores the publishing company’s continued push to remake itself for the digital age.   Fou ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-17 00:00:00 UTC ]
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Ness's Fundraiser Raises Half a Million Pounds for Save the Children

American-born English author Patrick Ness's fundraising appeal for Save the Children, instigated last week with his offer to match up to £10,000, has now raised more than half a million pounds. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-08 00:00:00 UTC ]
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AOL Scoops Up Mobile Ad Network Millennial Media for $238 Million

After two months of speculation, AOL has acquired mobile ad network Millennial Media for $238 million, or about $1.75 per share. The Millennial deal is the newest step in building out AOL's tools to compete in mobile advertising against behemoths like Facebook, Yahoo and Google. With the deal,... Continue reading at AdWeek

[ AdWeek | 2015-09-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #past couple #stay ahead #tech companies #$300 million #latest sign


Scribd Switching to Two-Tier Audiobook Service

Continuing to tinker with its subscription ebook business model, Scribd has unveiled a two-tier audiobook service that will restrict unlimited access while instituting a credit-based system and payment for access to certain titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-24 00:00:00 UTC ]
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Kik raises $50 million from China's Tencent to battle Facebook, hire in L.A.

Kik, a chat app that claims 40% of U.S. teenagers as users, announced a $50-million investment Tuesday from Chinese tech company Tencent that values the start-up at $1 billion. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #$1 billion