Tastemade Raises Another $40 Million for Its Booming Food-Video Business

Tastemade has had quite a year. The company, known for its quirky short-form videos about food, travel and lifestyle topics, hit the 100 million monthly active users mark, with more than 1 billion monthly views. On Facebook alone, Tastemade grew its audience from around 100,000 fans to more than 5.7 million. This year, the company joined Apple TV—the only food and travel channel on the platform—linked up with Facebook's Anthology and Suggested Videos, partnered with Spotify on the streaming music company's video service, and landed one of the 15 prized spots on Snapchat's Discover platform. As Tastemade, which was founded in 2012, heads into its fourth year, it will do so with deeper pockets. The video publisher announced this morning it has closed a $40 million Series D funding round led by Goldman Sachs, with participation from existing investors Redpoint Ventures, Raine Ventures, Comcast Ventures, Liberty Media, Scripps Networks Interactive, and Tohokushinsha Film Corporation. Tastemade had previously raised $40 million, bringing the total funding to $80 million. With the extra cash in hand, Larry Fitzgibbon, one of Tastemade's co-founders, wants to continue Tastemade's momentum, especially when it comes to working with brands. "All of that work has culminated into us reaching the exact consumer we thought we would at a scale we thought we would as well," said Fitzgibbon. "We are truly becoming the brands for our categories for that audience." Fitzgibbon noted... Continue reading at 'AdWeek'

[ AdWeek | 2015-12-17 00:00:00 UTC ]
News tagged with: #pre-roll ads #key aspects #apple tv #recent round

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EL James hits one million mark on Kindle in UK

EL James has been revealed as Amazon.co.uk’s bestselling ebook author ever, with her debut... Continue reading at The Bookseller

[ The Bookseller | 2012-06-26 00:00:00 UTC ]
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Fifty Shades fastest to a million, obliterates records

All three books in E L James' Fifty Shades trilogy (Arrow) last week surpassed the single... Continue reading at The Bookseller

[ The Bookseller | 2012-06-26 00:00:00 UTC ]
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B&N Nook digital business up 45%

Barnes & Noble has reported revenues for its Nook digital business for $933m for the full... Continue reading at The Bookseller

[ The Bookseller | 2012-06-19 00:00:00 UTC ]
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Unified Scores $10 Million from Conde Nast Parent Advance Publications

It looks to be a good time for tech investments, with enterprise marketing company Unified receiving $10 million from Conde Nast parent company Advance Publications. Continue reading at Folio Magazine

[ Folio Magazine | 2012-06-12 00:00:00 UTC ]
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Layar Creator sees an interactive future for print media via augmented reality (video)

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[ Engadget | 2012-06-06 00:00:00 UTC ]
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Future plc iPad App Sales Hit $5 Million Since Newsstand Debut

In its interim statement for its fiscal half-year ending March 2012, enthusiast publisher Future plc is reporting a quickly growing digital operation. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-24 00:00:00 UTC ]
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The Atavist Lands $1.5 Million in Funding

Long form digital journalism publisher and app developer The Atavist secured a round of funding worth $1.5 million. The first million was confirmed last week, while founder Evan Ratliff says the rest is committed and “will happen over the coming weeks.” Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-22 00:00:00 UTC ]
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Crain’s Chicago Business to Implement New Metered Model Online

Crain’s Chicago Business will transition to a metered subscription plan online next month. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-22 00:00:00 UTC ]
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Daunt: 'tens of millions' going into Waterstones refit

The Waterstones decision to sell Amazon Kindles and ebooks has provoked widespread discussion in... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a... Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
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Barnes & Noble, Microsoft team up on Nook, college businesses

An infusion of money from Microsoft Corp. sent Barnes & Noble Inc.'s stock zooming Monday, as the software giant established a way to get back into the ebooks business. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-30 00:00:00 UTC ]
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Women’s Presses Tweak Their Business Models

Approximately a dozen women’s presses are actively publishing in the U.S. today, down from about 30 during the 1990s, when feminist publishing and bookselling were at their peak. There are, additionally, several women’s presses sporadically publishing, and a few others putting out regional... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-04-20 00:00:00 UTC ]
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Yodel: 'New business model needed'

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[ The Bookseller | 2012-04-20 00:00:00 UTC ]
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Apple denies it conspired to raise ebook prices

Apple Inc. says the accusation that it conspired with major book publishers to raise the price of ebooks is untrue.Apple spokesman Tom Neumayr says that, contrary to allegations in lawsuits by the Justice Department and 15 states, Apple fostered innovation and competition by introducing its... Continue reading at Crains New York

[ Crains New York | 2012-04-14 00:00:00 UTC ]
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Vatican, Bodleian Libraries will publish millions of ancient texts online

Works that will be available for perusal will include Gutenberg's Bible, believed to be the first text ever printed. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-13 00:00:00 UTC ]
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Fairfax Media in talks to buy Business Spectator: Reuters

Fairfax Media is in exclusive talks to acquire the publisher of independent news and opinion website Business Spectator, Reuters says. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2012-04-10 00:00:00 UTC ]
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One-fifth of U.S. adults read ebooks as market booms, survey finds

One in five American adults read an electronic book in the last year, as gift-giving sped the shift away from the printed page, a Pew Research Center survey showed on Wednesday. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-05 00:00:00 UTC ]
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RR Donnelley Invests $2.5 Million in Catalog App

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[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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RR Donnelley Invests $2.5 Million in CoffeeTable

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[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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Pottermore gives users a sneak peek (+ video)

A new video offers Harry Potter fans a glimpse of the books and activities – the chance to be "Sorted" into a house or to duel with other users – that will be enjoyed on official Harry Potter website "Pottemore." Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-04 00:00:00 UTC ]
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