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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Number of Self-Published Titles Jumped 40% in 2018

The number of books self-published in the U.S.in 2018 jumped 40% over 2017, according to Bowker’s annual survey of the self-publishing market. More than 1.6 million books were self-published last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-15 04:00:00 UTC ]
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We’re in a Rough Place in History Right Now: The Millions Interviews Carmen Maria Machado

The award-winning author of ‘Her Body and Other Parties’ on writing fiction for today, the tyranny of genre, and reading outside of our comfort zones. The post We’re in a Rough Place in History Right Now: The Millions Interviews Carmen Maria Machado appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-10-08 16:00:06 UTC ]
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What Would Media Companies Look Like If Sales Leaders Reinvented The Business Model?

Twenty years ago, the news publishing world looked a lot different than it does today. Newspapers were still the main Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-10-07 07:00:48 UTC ]
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Google pledges $10M to support businesses in underserved communities via libraries

Google has long been a philanthropic powerhouse, with STEM education, economic security and inclusion as top priorities. Through its charitable arm, the company also is tackling housing and homelessness, along with criminal justice reform. Next up — libraries. On Thursday, Google.org announced... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-03 21:51:27 UTC ]
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Facebook’s Nada Stirratt on the evolution of storytelling and how it helped raise $2 billion for charity

Nada Stirratt, VP of North America at Facebook, sits down with Ad Age Associate Publisher Heidi Waldusky to discuss what storytelling means for Facebook users and advertisers. Plus, the need for brands to personalize messaging at scale—and how Facebook Stories can help. A custom video... Continue reading at Advertising Age

[ Advertising Age | 2019-10-02 21:00:00 UTC ]
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Russia’s Book Business Statistics Chief: Some Market Contraction

Industry output in Russia continues to slide, according to figures cited by the market's book chamber, even as book prices rise. The post Russia’s Book Business Statistics Chief: Some Market Contraction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-02 03:20:55 UTC ]
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Tasty Book Club Food Ideas to Use at Your Next Meeting

Here's a selection of tasty book club food ideas to make your next meeting a tasty event, from recipes to menus, drinks to snacks. Continue reading at Book Riot

[ Book Riot | 2019-09-30 10:34:26 UTC ]
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By hiding likes and video views, Facebook could force publishers to shift strategies

Facebook is running an experiment to hide "like" counts and other public-facing social scores in select markets. The social network confirmed Friday that it started hiding like, reaction and video view counts in a limited test across the social network as part of an effort to improve the... Continue reading at Advertising Age

[ Advertising Age | 2019-09-27 20:39:27 UTC ]
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Facebook hiding likes and video views could force publishers to shift strategies

‘It’s like starting a net new business’: Overheard at the Digiday Publishing Summit

Revenue diversification, a programmatic talent crunch, and trouble for media's middle class: Here's what people are talking about down at DPS. The post ‘It’s like starting a net new business’: Overheard at the Digiday Publishing Summit appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-09-24 11:58:06 UTC ]
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Once seen as a dying business, city bookstores are gaining ground

In his more than 30 years selling books on the Upper West Side, Chris Doeblin has weathered competition from Barnes and Noble and Amazon and the ascent of e-readers. He has figured out how to mix... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-09-23 12:00:00 UTC ]
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Frankfurt Book Fair Gets Back to Business

Despite heightening political and economic turmoil around the globe, a sense of confidence and stability has returned to the show. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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No-deal Brexit could put indies out of business, says Galley Beggar

Indie press Galley Beggar has warned of the impact a no-deal Brexit could have on publishing after learning of "crazy" government requirements on distribution, saying it could put smaller publishers out of business. Continue reading at The Bookseller

[ The Bookseller | 2019-09-16 11:58:39 UTC ]
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FT and McKinsey Business Book of the Year Award shortlist revealed

Six books are in the running for the £30,000 FT and McKinsey Business Book of the Year Award, with former winner Raghuram Rajan returning to the shortlist. Continue reading at The Bookseller

[ The Bookseller | 2019-09-16 07:08:32 UTC ]
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Lt. Gov. Justin Fairfax of Virginia Sues CBS for Defamation, Seeking $400 Million

He filed the lawsuit in response to interviews on “CBS This Morning” with two women who accused him of sexual misconduct. Continue reading at The New York Times

[ The New York Times | 2019-09-12 20:59:59 UTC ]
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Stanfords opens food bookshop in new joint venture

Travel book specialists Stanfords has opened a specialist food bookshop in a joint venture with street food pioneers KERB "to showcase London’s food and cultural history through literature". Continue reading at The Bookseller

[ The Bookseller | 2019-09-11 04:36:19 UTC ]
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17-punt NFL Kickoff Game draws 22 million viewers

Thursday night’s NFL Kickoff Game wasn’t exactly one for the ages, but the 17-punt, 13-point defensive struggle between the Green Bay Packers and Chicago Bears still managed to scare up a three-year ratings high for NBC. According to Nielsen live-plus-same-day data, the Packers’ 10-3 win over... Continue reading at Advertising Age

[ Advertising Age | 2019-09-06 21:11:16 UTC ]
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Penguin Business unveils podcast and expert series year on from rebrand

Penguin Business has revealed, almost a year on from its rebrand, that it will be exploring mental wellbeing and entrepreneurialism with a new ‘Expert’ series launching this month, with a careers podcast launching next year. Continue reading at The Bookseller

[ The Bookseller | 2019-09-04 16:57:01 UTC ]
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Food and Cookbook Literary Agents Open to Submissions

Literary agents are gatekeepers of the publishing industry. Find food and cookbook literary agents open to submissions in this post. List will be updated regularly. The post Food and Cookbook Literary Agents Open to Submissions by Robert Lee Brewer appeared first on Writer's Digest. Continue reading at Writer's Digest

[ Writer's Digest | 2019-08-31 13:00:08 UTC ]
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Review: Two pros aim to make reading fun for kids in 'How to Raise a Reader'

Want your child to love reading? Two New York Times children's book editors give tips on making reading a pleasurable experience Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-08-30 18:10:32 UTC ]
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