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 ]
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Publishers report brisk business in 2021

Representatives at some of the UK’s biggest publishers have supplied data to broaden out the picture regarding their performance in the past year. Continue reading at The Bookseller

[ The Bookseller | 2022-01-29 16:11:19 UTC ]
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This unique bookstore and ranch needs a new owner (with $1.52 million to spare).

I have a terrible habit of going on the internet and looking at properties I can’t afford. (A hobby many of my fellow millennials share, I’m sure.) From my cramped Brooklyn apartment with pots of spaghetti piled haphazardly in the kitchen, I like to criticize the design choices of millionaires... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-28 19:45:49 UTC ]
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WATCH: Leanne Brown and Hawa Hassan on Writing Food Through the Lens of Self-Care

Leanne Brown’s wildly popular, IACP award-winning and The New York Times bestselling cookbook Good and Cheap: Eat Well on $4/Day showed us that kitchen skill and resourcefulness, not budget, is the key to great food. Greenlight is delighted to welcome Brown back for the launch of her new... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-27 09:49:53 UTC ]
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The business of risk

​When I became a mother, there were several things I could not wait to share with my child. Continue reading at The Bookseller

[ The Bookseller | 2022-01-24 04:15:06 UTC ]
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Pearson profits set to rise 33% as Bird repositions business

Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 18:17:49 UTC ]
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Is Steph Curry’s memoir worth $10 million?

I should preface this by saying that I’m a big fan of Steph Curry. He’s indisputably the greatest shooter of all time. He’s done more to revolutionize the game (for both good and ill I would argue, but that’s a discussion for another day…) than any other player of his generation. He proved the... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-14 18:13:15 UTC ]
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OverDrive: Record Number of Libraries Hit Million Digital Lend Mark

Leading library service provider OverDrive this week reported that a total of 121 public libraries and consortia across seven countries and from 37 U.S. states surpassed one million digital lends in 2021, a significant jump from 2020, when 102 libraries hit the mark. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
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HarperCollins snaps up authorised biography of Indian business leader Tata

HarperCollins has snapped up the rights to the authorised biography of business leader Ratan Tata by Thomas Mathew. Continue reading at The Bookseller

[ The Bookseller | 2022-01-10 03:56:03 UTC ]
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Carl Bernstein’s Eulogy for the Newspaper Business

Bernstein’s memoir “Chasing History” is a personal and affectionate look at the past, when journalism was thriving. Continue reading at The New York Times

[ The New York Times | 2022-01-07 20:51:59 UTC ]
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Print sales in US boom with YA and graphic novels top performers

The sales of print books in the US soared across 2021, boosted by fiction with YA and graphic novels riding high in particular.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-07 18:22:38 UTC ]
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HQ celebrates one million sales for BOSH! duo Firth and Theasby

Henry Firth and Ian Theasby, the co-creators of BOSH!, have sold more than one million copies of their plant-based cookbooks, according to publisher HQ. Continue reading at The Bookseller

[ The Bookseller | 2022-01-06 14:19:08 UTC ]
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French PA raises concerns over merger of Hachette Livre and Editis

The French Publishers Association (Syndicat National de l’Edition, SNE) and a group of authors have sounded alarm bells over the imminent merger between France’s two largest book publishers, Hachette Livre and Editis, into a single media group. Continue reading at The Bookseller

[ The Bookseller | 2022-01-05 15:58:02 UTC ]
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Pinch of Nom: Comfort Food boomerangs back to the top

Kay Featherstone and Kate Allinson's Pinch of Nom: Comfort Food (Bluebird) has returned to the UK Official Top 50 number one spot, selling 41,132 copies. Continue reading at The Bookseller

[ The Bookseller | 2022-01-05 14:39:23 UTC ]
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Trade donates over one million books via Book Aid International

UK publishers and the book trade donated more than one million books to readers in 24 countries last year, according to charity Book Aid International.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-04 21:12:55 UTC ]
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New Beacon Books saved after crowdfunder raises £76k within days

The team at New Beacon Books, the UK's first Black specialist bookshop, has praised the “amazing support from the community” following a highly successful crowdfunding campaign which has not only saved the store but netted £76,000 in only a few days.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-03 18:47:55 UTC ]
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New Beacon Books fundraiser raises £5k within hours of launch

A crowdfunder to save London’s New Beacon Books has raised more than £5,000 within hours of launching.   Continue reading at The Bookseller

[ The Bookseller | 2021-12-30 15:27:20 UTC ]
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Authors Win $7.8 Million Default Judgment in Global Piracy Lawsuit

A federal judge has issued a default judgment against a major overseas e-book piracy operation known as the KISS Library. In addition to a permanent injunction barring the service from operating, the court also awarded the plaintiffs the maximum amount of damages under the law, totaling some... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-29 05:00:00 UTC ]
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Kibworth Books raises more than £2k for hospitalised Leicester children

Independent bookshop Kibworth Books has raised more than £2,000, to gift books to children being treated in Leicester Royal Infirmary over Christmas. Continue reading at The Bookseller

[ The Bookseller | 2021-12-24 11:27:47 UTC ]
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Margate Bookshop raises £3k in books for schools drive

The Margate Bookshop has collected almost £3,000 to buy books for local schoolchildren with plans to run the fundraiser as an ongoing scheme alongside other independent bookstores, potentially as part of a charity.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 07:48:13 UTC ]
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Pinch of Nom: Comfort Food claims the Christmas number one

Kay Featherstone and Kate Allinson's Pinch of Nom: Comfort Food (Bluebird) has claimed the Christmas Number One, selling 56,367 copies. Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 22:54:01 UTC ]
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