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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RELX revenues drop 10% as Exhibitions business plunges

RELX, parent of Reed Exhibitions and Elsevier, recorded a 10% revenue drop in the six months to end June 2020, to £3,501m (from £3,888m), with adjusted operating profit falling 24% to £939m (£1,240m). Continue reading at The Bookseller

[ The Bookseller | 2020-07-23 02:26:48 UTC ]
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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around working with license holders to repackage archival sports, hopes to invest more in... Continue reading at AdWeek

[ AdWeek | 2020-07-22 14:00:38 UTC ]
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The BLM movement is inspiring a boom in diverse children’s literature.

When a friend of mine, a former teacher, told me the subject of a children’s book he wants to write—an allegory about how the criminal justice system tries to entrap people of color from a young age—my first thought was Dark, man. And then: I wish I’d had access to a book like that when I was a […] Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-21 19:17:26 UTC ]
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Spain’s Book Market: 40 Percent More Online Buying During Lockdown

A new study of the book market in Spain shows consumers are reading more during the pandemic lockdown, buying more books online, and still prefer print over digital. The post Spain’s Book Market: 40 Percent More Online Buying During Lockdown appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-21 14:30:43 UTC ]
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$3.5 Million in Grants Available for Nonprofit Publishers, Lit Orgs

The Andrew W. Mellon Foundation has provided $3.5 million to support the establishment of the Literary Arts Emergency Fund, which will support nonprofit literary publishers and organizations with $5,000-$50,000 emergency grants. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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Manual on how to raise anti-racist children goes to Dialogue Books

Dialogue Books has acquired "a vital toolkit for parents to talk to their children about race", called Wish We Knew What to Say, by behavioural and data scientist Dr Pragya Agarwal.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-15 20:25:41 UTC ]
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PRH UK and DK join with other Bertelsmann companies for podcast business Storyglass

Penguin Random House UK and DK have joined with Bertelsmann stablemates Fremantle and BMG to launch a joint podcast business, called Storyglass, as part of the Bertelsmann Content Alliance UK. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 15:51:02 UTC ]
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Templar raises the roof with Jack Pepper's musical exploration

Bonnier Books UK's Templar will publish Raising the Roof: The Colourful Characters of Classical Music by composer Jack Pepper. Continue reading at The Bookseller

[ The Bookseller | 2020-07-12 20:00:10 UTC ]
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Frankfurter Buchmesse Announces €4 Million German Federal Grant

Stand fees will be reduced by up to 50 percent and digital development will be supported by funds from Germany's 'Neustart Kultur' stimulus package. The post Frankfurter Buchmesse Announces €4 Million German Federal Grant appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-10 11:29:18 UTC ]
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National Poetry Day to highlight 40 new books focusing on poetry participation

The 2020 campaign to mark National Poetry Day on 1st October will highlight a list of 40 new books focused on poetry participation, including work from Michael Rosen, Inua Ellams and Kate Clanchy. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 10:54:41 UTC ]
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‘Caravaggio’s ‘Cardsharps’ on Trial’ raises questions of artistic authenticity amid riveting courtroom drama

Another new masterwork of scholarship is also available: G. Thomas Tanselle’s “Descriptive Bibliography.” Continue reading at The Washington Post

[ The Washington Post | 2020-07-08 16:30:33 UTC ]
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Crime fiction boom as book sales rocket past 2019 levels

With bookshops still closed in parts of the UK, sales have surpassed last year’s numbers, with 3.8m print books sold in the last weekBritain’s readers have been emerging from lockdown to restock their bookshelves, with book sales – and particularly crime novels – booming in the three weeks since... Continue reading at The Guardian

[ The Guardian | 2020-07-07 16:17:09 UTC ]
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Level the Playing Field: 5 Questions to Ask Your Video Strategist

Every digital publisher worth their salt has some form of video on their websites. They may be using existing content, or they could be leaning into user generated content, but the transition from text to video that began a decade back has had a major effect on the entire publisher workforce,... Continue reading at Digiday

[ Digiday | 2020-07-07 02:05:37 UTC ]
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Amazon Prime Video Has the Deepest TV Streaming Library—But Not the Highest Quality One

Buzzy original series may drive attention to streaming services, but the bulk of most major streamers' programming catalogs are their libraries of licensed TV shows. And those licensed titles often account for the highest-quality content available on the service, according to data from streaming... Continue reading at AdWeek

[ AdWeek | 2020-07-02 10:30:51 UTC ]
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Penguin Business pre-empts Permission to Speak by Hollywood speech coach

Penguin Business has pre-empted Permission to Speak by Samara Bay, a dialect and speech coach in Hollywood.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-02 08:04:22 UTC ]
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British Book Awards: Online and Upbeat, a Busy Round of the Nibbies

The 2020 British Book Awards are announcing prize winners in two parts online, the industry awards first, followed by the book awards. The post British Book Awards: Online and Upbeat, a Busy Round of the Nibbies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-29 16:44:39 UTC ]
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Deep Catalogue on Race Fuels Boom at Beacon Press

Lead by 'White Fragility,' the Boston-based publisher has a number of books that have sold more copies in two weeks than they did in the last year, said director Helene Atwan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-29 04:00:00 UTC ]
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Indie Success: Raising Voices, Finding Opportunities

After more than 30 years, the publishers of 'Just Us Books' continue to innovate and inspire. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-26 04:00:00 UTC ]
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OverDrive to acquire RBmedia library business

OverDrive—the digital learning platform for libraries and schools—has announced it is acquiring RBmedia's library business. Continue reading at The Bookseller

[ The Bookseller | 2020-06-24 09:38:04 UTC ]
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Pasco County opens third business incubator to connect entrepreneurs

Pasco County is looking to further cement itself in the startup community, this time by opening a third business incubator space. The SMARTstart program, which is through the Pasco County EDC, announced it will open the incubator this fall. The space, called SMARTstart at the Grove, will... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-06-23 18:32:03 UTC ]
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