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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Book of Lists: Retirement plan payout boosted Mount Sinai CEO's pay above $12 million in 2017

In the Dec. 23 print edition of the Book of Lists, you’ll find hundreds of CEOs, presidents and other top executives listed alongside the organizations they run. Even more business leaders are... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-12-23 17:08:10 UTC ]
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'In 24 hours, people gave us £40,000': how readers rescued a small press

Galley Beggar Press was facing ruin after the collapse of The Book People, but the public has supplied Christmas magic of a kind I don’t usually buy intoIf a novelist had submitted a story to my publishing company about someone losing £40,000 one day and then regaining it the next, thanks to the... Continue reading at The Guardian

[ The Guardian | 2019-12-19 17:31:08 UTC ]
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Galley Beggar Press 'saved' after crowdfunder raises £42k

Galley Beggar Press has raised more than £42,000 in under 24 hours, "saving" the independent publisher and filling the financial “black hole” created from The Book People going into administration earlier in the week. Continue reading at The Bookseller

[ The Bookseller | 2019-12-19 04:52:46 UTC ]
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Johnson to pledge to cut business rates in bid to revive high street

The government will announce cuts to business rates in the Queen’s Speech today (19th December) in a bid to revive the high street. Continue reading at The Bookseller

[ The Bookseller | 2019-12-19 04:26:38 UTC ]
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STM and AAP raise alarm over US policy change on Open Access

The International Association of Scientific, Technical and Medical Publishers (STM) has written to the US Office of Science and Technology Policy expressing its “alarm” at rumours that the Trump administration is considering a “precipitous” move to require all federally funded research to be... Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 20:30:17 UTC ]
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Hearst Names Former WarnerMedia and Snap Exec Kristen O’Hara as SVP and Chief Business Officer

Hearst Magazines announced today that former WarnerMedia and Snap executive Kristen O'Hara will be assuming the role of svp and chief business officer, effective Jan. 6. In the newly created position, O'Hara will oversee U.S. advertising sales and marketing for Hearst brands, as well as... Continue reading at AdWeek

[ AdWeek | 2019-12-17 17:58:13 UTC ]
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BA concerned as Scottish Parliament considers 'retrograde' change to business rates

The Scottish Parliament is considering plans to give local authorities more control over business rates, sparking "extreme concern" from the Booksellers Association.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-16 03:18:34 UTC ]
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André Simon Food & Drink Book Awards shortlist revealed

The shortlist for the 2019 André Simon Food & Drink Book Awards has been revealed with 16 titles in the running for the £2,000 prizes.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-11 05:50:36 UTC ]
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It Might Be Getting Busy Soon (shelftalker)

Hectic holiday shop afternoons make us wonder when it’s going look as busy to customers as we feel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-09 13:00:33 UTC ]
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Creating Literary Community for Writers Raising Children

On November 12, at the Pen Parentis Literary Salon in Lower Manhattan, I hear author Jimin Han say something I’ve never heard a writer admit before. “I didn’t really commit to being a writer until I had children,” Han says to a room of 20 or so writers, all of whom are parents. There is […] Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-06 09:47:14 UTC ]
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Bettany wins HQ and Gransnet prize for women writers over 40

Jane Bettany has won HQ and Gransnet's writing prize for unpublished women writers aged over 40.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-06 01:51:32 UTC ]
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Criado Perez wins FT and McKinsey Business Book of the Year Award

Caroline Criado Perez has triumphed to win the Financial Times and McKinsey & Company Business Book of the Year Award 2019 with her gender data gap book, Invisible Women (Chatto & Windus). Continue reading at The Bookseller

[ The Bookseller | 2019-12-04 02:51:49 UTC ]
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Gain Through Pain: Business Books 2019-2020

For many, the experience of feeling marginalized or underestimated in the workplace is a daily reality. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-29 05:00:00 UTC ]
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Clash of the Titans: Business Books 2019-2020

Forthcoming narratives about businesses new and old offer a window onto each company’s history as well as the social and economic contexts out of which they arose and which they in turn have influenced. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-29 05:00:00 UTC ]
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Manchester University Press boss Ross unveils strategic revamp of the business

A back-end upgrade of its systems has seen Manchester University Press nominated for a UX award in esteemed company—its c.e.o. explains the logic behind it. Continue reading at The Bookseller

[ The Bookseller | 2019-11-28 01:42:18 UTC ]
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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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A new book for those who don’t want millions, but an answer to their questions

A.C. Grayling’s “The History of Philosophy” delves into the thinkers who explored who we are and what it all means. Continue reading at The Washington Post

[ The Washington Post | 2019-11-20 18:01:32 UTC ]
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Reading enterprise raises £12k after 100,000 books ruined in Doncaster floods

A social enterprise promoting literacy, Reread in Doncaster, has raised £12,000 in five days after hundreds of thousands of its books were damaged or destroyed by major floods. Continue reading at The Bookseller

[ The Bookseller | 2019-11-13 06:52:31 UTC ]
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The Athletic, Axios Raising Money as Rivals Consolidate

Two of the younger digital media startups, The Athletic and Axios, are raising money to fuel diversification of their businesses, Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-11-12 18:00:39 UTC ]
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Endeavor Business Media Acquires More Than 20 B2B Titles from Informa Plc

At Endeavor Business Media—the Nashville-based company founded by former SouthComm CEO Chris Ferrell just two years ago—2019 is ending the same way it began: with a significant, acquisition-fueled expansion. Nine months after doubling its portfolio by acquiring more than 20 former PennWell... Continue reading at Folio Magazine

[ Folio Magazine | 2019-11-11 18:34:39 UTC ]
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