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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NEA Opens Applications for $135 Million in Grants

The National Endowment for the Arts is now accepting applications for $135 million in grants tied to the American Rescue Program established by Congress in March. Grants start at $50,000 and the deadlines range between the end of July and late September. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-24 04:00:00 UTC ]
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Binc Gives $1.1 Million to Bookstores, Comic Shops

The Book Industry Charitable Foundation has announced that its Survive to Thrive grant program will award a total of $1.1 million to 115 bookstores and comic shops: 99 stores will receive $10,000 and 16 will receive $7,500. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-22 04:00:00 UTC ]
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DHH Agency celebrates decade in business with expansion and major deals

The DHH Literary Agency is celebrating its 10th anniversary this month with an expansion accompanied by a string of major debut writer deals signed through lockdown Zoom sessions. Continue reading at The Bookseller

[ The Bookseller | 2021-06-21 13:29:00 UTC ]
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Ex-Review manager Wengraf raises £10k for new Glasgow shop

Former Review Bookshop manager Katia Wengraf has raised more than £10,000 online to help fund her new independent store, Mount Florida Books, in a former tattoo parlour in Glasgow.  Continue reading at The Bookseller

[ The Bookseller | 2021-06-20 21:34:09 UTC ]
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Portuguese-Language SDG Book Club: Open for Business

The Portuguese-language SDG Book Club is divided into an effort in Portugal and a sister program in Brazil, each announcing its reading list. The post Portuguese-Language SDG Book Club: Open for Business appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-06-10 14:49:12 UTC ]
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A prickly mother-daughter bond sustained by Korean food

In an interview, Michelle Zauner describes how writing the memoir “Crying in H Mart” helped her cope with losing her mother. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2021-06-08 19:50:31 UTC ]
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UK Book Publishing Industry Raises Copyright Alarm: ‘Save Our Books’

'The biggest threat to our industry post-Brexit,' says the Publishers Association, is an 'international copyright exhaustion framework.' The post UK Book Publishing Industry Raises Copyright Alarm: ‘Save Our Books’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-06-07 17:22:58 UTC ]
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PRH and Waterstones resolve dispute and return to 'business as usual'

Penguin Random House and Waterstones say they have returned to “business as usual” following a dispute that saw the bookseller limit the visibility of PRH titles in its stores. Continue reading at The Bookseller

[ The Bookseller | 2021-06-04 12:14:36 UTC ]
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The 1923 novel ‘Nordenholt’s Million’ explores issues unnervingly familiar in the Trump-covid era

The book, written by a British chemist, imagines a wealthy tycoon’s disturbing plan to save (some) humans from a biological disaster. Continue reading at The Washington Post

[ The Washington Post | 2021-05-26 16:14:54 UTC ]
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S&S serves up Abbs' Language of Food

Simon & Schuster is to publish The Language of Food, a "remarkable" historical novel by Annabel Abbs. Continue reading at The Bookseller

[ The Bookseller | 2021-05-24 11:49:18 UTC ]
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Marie Claire owner reports record profits on back of Covid reading boom

Future’s share price soars as it says full-year results will be ‘materially ahead’ of expectationsCoronavirus – latest updatesSee all our coronavirus coverageFuture, the owner of magazines from Marie Claire to Metal Hammer and sites such as TechRadar and GoCompare, has reported record revenues... Continue reading at The Guardian

[ The Guardian | 2021-05-19 12:15:47 UTC ]
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RBmedia Buys M-H Professional Audiobook Business

RBmedia has acquired the audiobook publishing business of McGraw-Hill Professional in a deal that adds about 400 business books to the audio publisher's list, chief content officer Troy Juliar said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-11 04:00:00 UTC ]
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'I believe in romance': remembering Valerie Parv, the Australian author who sold 34 million books

The author of 70 novels translated into 29 languages, Valerie Parv has passed away just before her 70th birthday. Continue reading at The Conversation

[ The Conversation | 2021-04-30 05:02:04 UTC ]
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Publishers, Authors to Raise More Aid for Indie Bookstores

Indie Shindig, a virtual event series for booksellers created by half a dozen publishers, aims to raise up to $18,000 for We Need Diverse Books and Binc. Author Gayle Forman and Penguin Books for Young Readers are contributing sales of Forman's new novel to Binc's "Thrive to Survive" campaign. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-27 04:00:00 UTC ]
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Covering systemic violence without showing video of police killings

By now, many (if not most) of us have seen the cellphone video of the murder of George Floyd by Minnesota Police officer Derek Chauvin multiple times. The video—captured by a Black teenager named Darnella Frazier while she was walking to the store with her young cousin—has featured prominently... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-04-22 12:44:36 UTC ]
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SPCK buys Lion Hudson's publishing business

The Society for Promoting Christian Knowledge (SPCK) is acquiring the publishing business of Lion Hudson from the AFD Group to become the UK’s largest Christian publisher.    Continue reading at The Bookseller

[ The Bookseller | 2021-04-21 20:30:24 UTC ]
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$40,000 Swindle Puts Spotlight on Literary Prize Scams

The organizers of at least five British awards received emails asking them to transfer prize money to a PayPal account. One of them paid out. Continue reading at The New York Times

[ The New York Times | 2021-04-16 17:53:34 UTC ]
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Joe Wicks reveals final Bluebird title, Joe's Family Food

Joe Wicks has revealed the cover and title for new recipe book Joe's Family Food, published by Bluebird on 10th June. Continue reading at The Bookseller

[ The Bookseller | 2021-04-10 04:58:41 UTC ]
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Springer Nature Reports on 2020: ‘Sustainable Business’

In both corporate social responsibility and in content production as a major academic publisher, Springer Nature had a big 2020. The post Springer Nature Reports on 2020: ‘Sustainable Business’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-08 13:54:00 UTC ]
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HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
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