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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Elsevier buys Woodhead

Publisher Elsevier has acquired Woodhead Publishing Limited which specialises in science and... Continue reading at The Bookseller

[ The Bookseller | 2013-08-13 00:00:00 UTC ]
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Serpent's Tail buys Australia's Dressmaker

Serpent's Tail has bought Australian novel The Dressmaker, soon to be filmed with Kate... Continue reading at The Bookseller

[ The Bookseller | 2013-08-13 00:00:00 UTC ]
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Gollancz buys Al Robertson

Gollancz has signed a sci-fi debut from British author Al Robertson in a pre-empt ahead of an... Continue reading at The Bookseller

[ The Bookseller | 2013-08-07 00:00:00 UTC ]
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AOL agrees to buy Adap.tv for $405M

AOL Inc. agreed to buy Adap.tv for about $405 million, gaining online video advertising technology used by the world's largest brands and agencies.The price includes about $322 million in cash and $83 million in AOL common stock, subject to certain adjustments. Adap.tv will operate independently... Continue reading at Crains New York

[ Crains New York | 2013-08-07 00:00:00 UTC ]
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Jeff Bezos buys Washington Post

Amazon founder Jeff Bezos has bought American newspaper the Washington Post for $250m (£... Continue reading at The Bookseller

[ The Bookseller | 2013-08-06 00:00:00 UTC ]
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Customers are more likely to buy books if they smell chocolate, says study

A group of Belgian researchers that concluded shoppers are more likely to buy items at a bookstore (especially cookbooks and romance novels) if the scent of chocolate is in the air. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-03 00:00:00 UTC ]
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Century buys book on digital dating

Century's Julia Twaites has acquired UK and Commonwealth rights, excluding Canada, to He... Continue reading at The Bookseller

[ The Bookseller | 2013-08-02 00:00:00 UTC ]
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A&B buys Flanders novel

Allison & Busby has secured a first novel about the publishing world from Judith Flanders,... Continue reading at The Bookseller

[ The Bookseller | 2013-07-31 00:00:00 UTC ]
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BookBub Ebook Deals Site Closes in on 1.5 Million Subscribers

With the simple concept of alerting readers to a curated list of discounted ebooks, Bookbub has attracted nearly 1.5 million users in just a year. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-07-25 00:00:00 UTC ]
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Digital Virgo buys VirginMega

Mobile and interactive media group Digital Virgo has bought VirginMedia, the online sales... Continue reading at The Bookseller

[ The Bookseller | 2013-07-22 00:00:00 UTC ]
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T&H buys story of The Face

Jamie Camplin at Thames & Hudson has acquired world rights in Legacy: The Story of The Face... Continue reading at The Bookseller

[ The Bookseller | 2013-07-18 00:00:00 UTC ]
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Why does a Russian CEO need a $3.69 million tablet?

Today’s tech titans are blessed with wondrous perks: company cars, private jets, even a free house for Amazon’s Jeff Bezos.  But Russian oil titan Gazprom--one of the largest companies in the world--and its chief executive Alexey Miller, together have reached a new level: setting aside 119.7... Continue reading at PC World

[ PC World | 2013-07-17 00:00:00 UTC ]
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Blackwell’s buys Keele campus bookshop

Blackwell’s has acquired the Keele University campus bookshop from Waterstones, as it... Continue reading at The Bookseller

[ The Bookseller | 2013-07-16 00:00:00 UTC ]
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W&N buys Honeywell debut

Weidenfeld & Nicolson deputy publishing director Arzu Tahsin has bought world rights in a... Continue reading at The Bookseller

[ The Bookseller | 2013-07-11 00:00:00 UTC ]
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Bookstores: For Buying or Showrooming?

The UK Booksellers Association reports that two thirds of shoppers use bookshops as showrooms, while in India, some young people cling to tradition. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-07-08 00:00:00 UTC ]
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Harvill Secker buys history of humankind

Harvill Secker editorial director Michal Shavit has bought a wide-ranging history of humankind... Continue reading at The Bookseller

[ The Bookseller | 2013-07-08 00:00:00 UTC ]
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Penguin SA buys four Brynard novels

Penguin (South Africa) has won four novels by Karin Brynard at auction in a "significant... Continue reading at The Bookseller

[ The Bookseller | 2013-07-05 00:00:00 UTC ]
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Hachette US buys Hyperion

Hachette Book Group (HBG) in the US is to buy Disney's publishing imprint Hyperion, taking on... Continue reading at The Bookseller

[ The Bookseller | 2013-07-01 00:00:00 UTC ]
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Japan’s Ebook Market Valued at $740 million for 2012

Preliminary results from a new survey say that Japan's ebook market is valued at 72.9 billion yen ($740 million), a 15.9% jump over 2011. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-28 00:00:00 UTC ]
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Barnes and Noble posts $119 million loss in Q4 2013, will partner with third party on future Nook tablets

Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a... Continue reading at Engadget

[ Engadget | 2013-06-25 00:00:00 UTC ]
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