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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Pearson buys GlobalEnglish

International education publisher Pearson has acquired Business English language learning... Continue reading at The Bookseller

[ The Bookseller | 2012-05-25 00:00:00 UTC ]
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Future plc iPad App Sales Hit $5 Million Since Newsstand Debut

In its interim statement for its fiscal half-year ending March 2012, enthusiast publisher Future plc is reporting a quickly growing digital operation. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-24 00:00:00 UTC ]
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The Atavist Lands $1.5 Million in Funding

Long form digital journalism publisher and app developer The Atavist secured a round of funding worth $1.5 million. The first million was confirmed last week, while founder Evan Ratliff says the rest is committed and “will happen over the coming weeks.” Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-22 00:00:00 UTC ]
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Daunt: 'tens of millions' going into Waterstones refit

The Waterstones decision to sell Amazon Kindles and ebooks has provoked widespread discussion in... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Subs drop as chain adopts buying tool

Waterstones has dropped its initial subscription numbers on some titles following the... Continue reading at The Bookseller

[ The Bookseller | 2012-05-21 00:00:00 UTC ]
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Ebury buys Michelle Obama cookbook

Ebury Press has acquired a book written by the First Lady of the United States, Michelle Obama,... Continue reading at The Bookseller

[ The Bookseller | 2012-05-02 00:00:00 UTC ]
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Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a... Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announcing plans #nook business


Microsoft buys Nook stake; Barnes & Noble shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing ebooks market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #nook e-reader


Bertrams ups profit and revenue following Dawson buy

Bertrams has increased its underlying profit by a third and revenue by 25% following the merger... Continue reading at The Bookseller

[ The Bookseller | 2012-04-24 00:00:00 UTC ]
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Chatto and David Fickling buy crossover 'epic'

Chatto & Windus and David Fickling Books have together acquired a new novel by Guardian First... Continue reading at The Bookseller

[ The Bookseller | 2012-04-19 00:00:00 UTC ]
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Amazon buys rights to Bond novels

Amazon announced that it has purchased the North American rights to Ian Fleming's James Bond books. James Bond, of course, is the debonair British superspy 007, played on film by a number of actors, including Sean Connery (above). Under the agreement, Amazon will retain republication rights for... Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-18 00:00:00 UTC ]
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Vatican, Bodleian Libraries will publish millions of ancient texts online

Works that will be available for perusal will include Gutenberg's Bible, believed to be the first text ever printed. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-13 00:00:00 UTC ]
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Freudenheim and Seegmuller buy Pushkin

Foreign language modern classics publisher Pushkin Press has been bought by Adam Freudenheim,... Continue reading at The Bookseller

[ The Bookseller | 2012-04-12 00:00:00 UTC ]
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Fairfax Media in talks to buy Business Spectator: Reuters

Fairfax Media is in exclusive talks to acquire the publisher of independent news and opinion website Business Spectator, Reuters says. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2012-04-10 00:00:00 UTC ]
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ProCures buys Selexyz bookshops

Dutch investment company ProCures has bought all 16 branches of upmarket book chain Selexyz.... Continue reading at The Bookseller

[ The Bookseller | 2012-04-10 00:00:00 UTC ]
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RR Donnelley Invests $2.5 Million in CoffeeTable

Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tablet users #multiple retailers #catalogs directly


RR Donnelley Invests $2.5 Million in Catalog App

Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tablet users #multiple retailers #catalogs directly


Bloomsbury US buys Fairchild Books

Bloomsbury's US subsidiary, Bloomsbury Publishing Inc, has completed the purchase of academic... Continue reading at The Bookseller

[ The Bookseller | 2012-04-02 00:00:00 UTC ]
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HC buys two from Little Mix

HarperCollins is to bring out two autumn books from girl band Little Mix, winners of the latest... Continue reading at The Bookseller

[ The Bookseller | 2012-03-30 00:00:00 UTC ]
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Is ‘Buy Local’ Enough?

Like the Austin Independent Business Alliance, begun by Steve Bercu, co-owner of BookPeople, which is celebrating its 10th anniversary this year, many early shop-local initiatives were started to keep Borders out. In Austin, Borders’s attempt to move across the street from Bercu’s store also led... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #stacy mitchell #local self-reliance #ebook onslaught