The E.W. Scripps Co. Buys Cracked for $39 Million

In an effort to court millennials and invest further in key content categories, The E.W. Scripps Co. has acquired the iconic humor brand Cracked from Demand Media. The purchase price was $39 million."We always look for brands that have an eye toward high quality," said Scripps Chief Digital Officer Adam Symson. "So Cracked really fit the bill for us."Cracked magazine launched in 1958 as a competitor to Mad magazine. Since dropping a print edition in 2007, the brand has been a digital-only destination for all things pop culture, weird and funny. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-04-13 00:00:00 UTC ]
News tagged with: #demand media #purchase price #high quality #mad magazine

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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 ]
More news stories like this | News stories tagged with: #70th birthday #australian author


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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US Book Industry Charitable Foundation Raises $1 Million for Bookstores

Ingram Content Group seeds Binc's 'Survive to Thrive' bookstore grant program, with additional major support from publishers and Bookshop.org. The post US Book Industry Charitable Foundation Raises $1 Million for Bookstores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-01 14:26:57 UTC ]
More news stories like this | News stories tagged with: #bookstores appeared #bookstore #ingram content group #book industry


HarperCollins to Buy Houghton Mifflin’s Trade Publishing Unit

The $349 million deal will help the publisher expand its back catalog at a moment of growing consolidation in the book business. Continue reading at The New York Times

[ The New York Times | 2021-03-29 19:44:12 UTC ]
More news stories like this | News stories tagged with: #back catalog #book business #trade publishing


News Corp. buys Houghton Mifflin Harcourt books division

Rupert Murdoch’s News Corp. is buying Houghton Mifflin Harcourt’s book-publishing division, with titles by J Continue reading at ABC News

[ ABC News | 2021-03-29 16:27:03 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #houghton mifflin harcourt


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 ]
More news stories like this | News stories tagged with: #trade division #$349 million #simon schuster #revenue fell #trade publishing #penguin random house #houghton mifflin harcourt


Hodder buys two more from Iain Dale

Hodder & Stoughton has bought two books, including The Presidents, to be edited by former Biteback chief Iain Dale.  Continue reading at The Bookseller

[ The Bookseller | 2021-03-22 02:46:01 UTC ]
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NEA to Give $135 Million to Arts Organizations

The American Rescue Plan includes $135 million in new funding for the National Endowment for the Arts to help arts organizations hard hit by the pandemic. Of the funding, 60% will be administered directly by the National Endowment for the Arts, with 40% channeled through state and regional... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-15 04:00:00 UTC ]
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For 20 million felons, the punishment never stops

Reuben Jonathan Miller describes the dehumanizing web of restrictions they face outside prison. Continue reading at The Washington Post

[ The Washington Post | 2021-03-05 13:00:00 UTC ]
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Roku Buys Nielsen’s Advanced Video Advertising Business, Accelerating DAI Capabilities

Users of connected TV's most popular platform are about to see a major advertising upgrade. Roku and Nielsen are shaking up the connected TV advertising landscape with a landmark deal and strategic alliance: Roku is acquiring Nielsen's advanced video advertising (AVA) business, including the... Continue reading at AdWeek

[ AdWeek | 2021-03-01 21:30:00 UTC ]
More news stories like this | News stories tagged with: #connected tv #popular platform #landmark deal #strategic alliance #measurement company #nielsen


Your Ultimate Guide on Where to Buy Ebooks

Confused about where to buy ebooks without breaking the bank? Here's your ultimate guide to finding discounts and sales for your next read. Continue reading at Book Riot

[ Book Riot | 2021-03-01 11:35:00 UTC ]
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How to count half a million lost lives?

Last March, amid the myriad upheavals and uncertainties that marked early pandemic life, various scientists and public health officials started to model out how many cases and deaths we might be looking at in the long run, and the press, unsurprisingly, took great interest in their work. A team... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-02-23 13:34:38 UTC ]
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Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News

[ ABC News | 2021-02-17 00:40:46 UTC ]
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Arrow buys second from Cousens

Cornerstone imprint Arrow has acquired Sophie Cousens' second novel Just Haven’t Met You Yet, a "high-concept love story" about a hopeless romantic.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-15 16:40:25 UTC ]
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Tired of buying airport books? These airports are installing Little Free Libraries.

A great idea! Marshall University students in Bret Masters’s building technology class are currently building bookshelves to install Little Free Libraries in Yeager and Huntington Tri-State Airports. The idea for the project was originated by Kelli Johnson, associate librarian at Marshall, when... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-02 18:12:16 UTC ]
More news stories like this | News stories tagged with: #great idea #free libraries #san diego #libraries


Japan's Media Do Buys Firebrand

Firebrand Technologies has been acquired by Media Do International, the U.S. subsidiary of Tokyo-based Media Do Ltd., a major e-book distributor. Firebrand founder Fran Toolan will remain CEO for at least the next three years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
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Turner Publishing Buys Prospect Park Books

Turner Publishing Company has acquired Los Angeles-based Prospect Park Books. The purchase adds more than 100 titles to Turner's backlist. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-01 05:00:00 UTC ]
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Here’s what you need to know about the book club service that just raised $40 million.

This morning, PR Newswire broke the news that Literati, an “innovative literary brand,” has just raised 40 million dollars in Series B funding. Among its investors is NBA giant Steph Curry. If you’re anything like me, you may have some questions, among them: What’s the $40 million being used... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-27 18:53:56 UTC ]
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Wattpad has been sold to Naver, Korea’s leading internet platform, for $600 million.

Some news for self-published writers: this week, Publishers Weekly reported that Naver, Korea’s leading internet platform, is acquiring Wattpad for over $600 million in cash and stock. For those who aren’t among the 90 million people that used Wattpad in 2020, or who don’t have any fanfiction... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-22 18:51:40 UTC ]
More news stories like this | News stories tagged with: #$600 million #self-published writers #publishers weekly