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 ]
News tagged with: #pre-roll ads #key aspects #apple tv #recent round

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Polar vortex takes us back to the coldest story in American literature (+video)

The unnamed protagonist in Jack London's 'To Build a Fire' gets into trouble while hiking in the frozen Yukon with his dog. Widely considered to be London’s best short story, 'To Build a Fire' captures the cold with painful accuracy. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jack london #coldest story #unnamed protagonist #frozen yukon #widely considered #short story #painful accuracy


Wattpad Grew to 18 Million Users in 2013

Wattpad, the online writing and reading community, continued its long arch of membership growth and increased social connectivity, finishing 2013 with more than 18 million registered users according to data released by the company today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wattpad grew #online writing #reading community #data released #company today


Guardian to raise cover price

Weekday and Saturday editions of newspaper to cost 20p more as the Times also increases price by same amountThe Guardian is to raise the price of its weekday and Saturday editions by 20p, following Monday's price rise for the Times.From 11 January, the Saturday edition of the Guardian will... Continue reading at The Guardian

[ The Guardian | 2014-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biannual magazine #john witherow


For Sale or in Flux, a Big Year Looms for Business Magazines

With Forbes for sale, Fortune's website divorcing from CNNMoney.com and Bloomberg Businessweek getting assessed as part of a companywide strategic review at Bloomberg, the year ahead could see a dramatic shift for top business magazines.The category offers a glimpse into the publishing world at... Continue reading at Advertising Age

[ Advertising Age | 2014-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media buyers #high-quality content #revenue streams


From frat boys to executives, Pikesville natives grow in the online photo business

Ryan Millman has come a long way since his college days of printing photos from frat parties. Now a full-blown manufacturer, he oversees a suite of four photo-related companies that churn out everything from T-shirts and photo books to canvas prints for major commercial retailers. Continue reading at Baltimore Sun

[ Baltimore Sun | 2013-12-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #photo books


The "Netflix For Books" Business Model, And How It'll Change The Way You Read

Mark Coker of Smashwords, which recently inked a major content deal with Scribd, weighs in on how the all-you-can-read model changes the way we read, how authors make creative choices, and how everyone gets paid.Is a "Netflix for ebooks" nearing viability? Yesterday, Smashwords, the largest... Continue reading at Fast Company

[ Fast Company | 2013-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #self-published ebooks #business model #ll change #mark coker #largest distributor #e-reading service


Knewton Raises $51M for Personalized Learning

Education technology startup Knewton, which makes tools that adapt to each student's learning style, has raised $51 million led by Atomico, along with GSV Capital and existing investors Accel Partners, Bessemer Venture Partners, First Round Capital, FirstMark Capital and Founders Fund. This... Continue reading at AllThingsD

[ AllThingsD | 2013-12-20 00:00:00 UTC ]
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Agency employment concerns raised at TBS

Concerns have been raised over the use of temporary workers at Random House's distribution... Continue reading at The Bookseller

[ The Bookseller | 2013-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #temporary workers #random house


Nostalgia Drives Polish Children’s Book Sales Boom

A revival in classic illustrated books is helping Poland's children's book market boom, says Katarzyna Domańska of publisher Dwie Siostry. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-18 00:00:00 UTC ]
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Canongate Letters Live raises £11k

Canongate's star-studded Letters Live event (10th December), featuring Neil Gaiman, Benedict... Continue reading at The Bookseller

[ The Bookseller | 2013-12-12 00:00:00 UTC ]
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Magzter Raises $10M to Go Global

Digital newsstand Magzter has secured $10 million in a second round of funding to pursue a global growth strategy build around local editions. The platform currently has international distribution deals with several major publishers including Hearst, Condé Nast, Newsweek and Bloomberg. Magzter... Continue reading at Folio Magazine

[ Folio Magazine | 2013-12-12 00:00:00 UTC ]
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Riggio Sells 2 Million B&N Shares

Barnes & Noble chairman Len Riggio sold 2 million of his shares in the bookstore chain on Tuesday for $13.81 a share. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-11 00:00:00 UTC ]
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Wiley Posts $15 Million in Restructuring Charges

As it continues its transition from a traditional publisher to a provider of knowledge and knowledge-enabled services, John Wiley said it recorded a $15 million restructuring charge in the second quarter of fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #traditional publisher #john wiley


Scripps Acquires Digital Video Startup Newsy

Media conglomerate E.W. Scripps is expanding into the digital video game with the acquisition of Newsy, a five-year-old video news startup that produces content for Web and mobile platforms. The deal, in which Scripps is paying $35 million for the startup, is expected to close on Jan. 1. In a... Continue reading at AdWeek

[ AdWeek | 2013-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media conglomerate #mobile platforms #digital strategy #selling advertising #content partnerships #huffington post


Storm8 Gets Into the Publishing Business, Too

Social mobile games studio Storm8 announced today that it will start marketing, distributing and advising on third-party games via a new arm, Storm8 Publishing. Its first title, War of Dragons for iOS, is a Puzzle & Dragons-esque match-three game originally released as Tower of Saviors.... Continue reading at AllThingsD

[ AllThingsD | 2013-12-10 00:00:00 UTC ]
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Two million stolen passwords online

A database of more than two million stolen passwords for Facebook, Yahoo and others has been published online, a security firm has found. Continue reading at BBC World

[ BBC World | 2013-12-04 00:00:00 UTC ]
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BuzzFeed Said to Expect 2014 Sales of Up to $120 Million

BuzzFeed, the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next year,... Continue reading at Advertising Age

[ Advertising Age | 2013-12-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online publisher #$60 million #web traffic #top ranks #$40 million #growing faster


Small Business Saturday Gives Indies a Strong Start

An informal survey of new and established bookstores finds that holiday sales should be up again this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-03 00:00:00 UTC ]
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Improv Everywhere's Harry Potter takes Penn Station commuters by surprise (+ video)

The group Improv Everywhere sent an 11-year-old dressed as Harry Potter to Penn Station to ask commuters and workers where he could find Platform 9 3/4. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harry potter


Self-published title shortlisted for business book prize

A self-published title has been included in the shortlist for the CMI Management Book of the... Continue reading at The Bookseller

[ The Bookseller | 2013-11-26 00:00:00 UTC ]
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