Yesterday, Benjamin Mullin and Keach Hagey, of the Wall Street Journal, broke a huge media-business story: BuzzFeed is buying HuffPost in a stock deal, part of a broader package that will see Verizon Media, HuffPost’s current owner, take a minority stake and make a cash investment in BuzzFeed. The two companies will also collaborate in areas including content sharing and advertising. Online, media-watchers made variations on the same joke: HuffFeed, BuzzPost, HuffingBuzz, BuffPeed. (The tech blogger Jane Manchun Wong coded a script to exhaust all the portmanteau possibilities.) Meanwhile, staff at HuffPost were reportedly finding out about the deal the same way as the rest of us. “Reading a copy-and-pasted version of the story about my media company being acquired because I couldn’t get past the WSJ paywall,” Christopher Mathias, who covers the far right for HuffPost, tweeted. “2020 media babyyyyy.” As Mathias also noted, news of the acquisition came two years to the day since a New York Times interview with Jonah Peretti, BuzzFeed’s CEO (and a founder of both BuzzFeed and HuffPost), made a splash in the media word: Peretti mused about a possible mega-merger involving a bevy of digital publishers who would, in his conception, consolidate to demand better financial terms from Facebook and Google, and namechecked Vice Media, Vox Media, Group Nine Media, and Refinery29 as examples of competitors doing “interesting work.” Since then, all those companies have been involved in... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2020-11-20 13:25:55 UTC ]
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Transworld has signed two books from debut writer Abbie Ross for its Doubleday list. Publishing... Continue reading at The Bookseller
[ The Bookseller | 2013-12-04 00:00:00 UTC ]
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Sebastian Faulks gave his former Sunday Telegraph boss, John Thompson, a warm send-off in his tribute yesterday, "A nurturing force in the final days of Fleet Street".It reinforced the picture drawn of Thompson in the more formal Daily Telegraph obituary following Thompson's death, aged 93, on... Continue reading at The Guardian
[ The Guardian | 2013-12-02 00:00:00 UTC ]
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In an interview with Poynter back at the beginning of November, BuzzFeed book editor Isaac Fitzgerald said that the site will not include negative reviews. "Why waste breath talking smack about something? You see it in so many old media-type places, the scathing takedown rip. If you can’t say... Continue reading at Betanews
[ Betanews | 2013-12-02 00:00:00 UTC ]
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Oneworld has acquired what could be the final novel from prominent US novelist Peter Matthiessen... Continue reading at The Bookseller
[ The Bookseller | 2013-11-28 00:00:00 UTC ]
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Garth Risk Hallberg's City on Fire described by publisher as 'best American novel I've ever read'Fresh from selling film rights to Scott Rudin and signing a $2m publishing deal in the US, the novelist Garth Risk Hallberg has struck a "substantial" six-figure deal with Jonathan Cape in the UK for... Continue reading at The Guardian
[ The Guardian | 2013-11-25 00:00:00 UTC ]
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Bookmate, a Russian ebook subscription service, wants to attract English language publishers to its platform to cater to developing markets. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-11-22 00:00:00 UTC ]
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Bonnier Corp. is positioning itself to get deeper into its core verticals after two announcements on Tuesday. Dave Zinczenko, president and CEO of Galvanized LLC and former EVP at Rodale, has entered into a five-year management consultancy with the enthusiast publisher. Continue reading at Folio Magazine
[ Folio Magazine | 2013-11-20 00:00:00 UTC ]
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Penelope Lively's recent short ebook for Penguin drew criticism for its brevity – but readers should not be put off the genre as a whole"Overpriced", "ridiculous", I feel cheated". Amazon reviewers haven't been wholly positive about a digital short Penelope Lively has written for Penguin... Continue reading at The Guardian
[ The Guardian | 2013-11-17 00:00:00 UTC ]
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A literary talent show is about to be aired in Italy, but is television the right place to nurture literary talent?Jonny Geller, agent and joint CEO, Curtis BrownAn X Factor for books is about to launch on Italian TV – it had to be Italian, didn't it? – and you can imagine the literati running... Continue reading at The Guardian
[ The Guardian | 2013-11-16 00:00:00 UTC ]
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Follett lays off 570 bookstore employees and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-11-15 00:00:00 UTC ]
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A judge on Thursday rejected a request to remove Robert J. Hall from his post as publisher of the company that owns the (Philadelphia) Daily News, Inquirer and Philly.com. Philadelphia Common Pleas Judge Patricia McInerney is still consideri ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-11-15 00:00:00 UTC ]
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Hearst Magazines president David Carey announced the hire of Toronto-based Chatelaine editor-in-chief Jane Francisco as editor-in-chief at company flagship Good Housekeeping. Per Continue reading at Folio Magazine
[ Folio Magazine | 2013-11-13 00:00:00 UTC ]
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Hearst Magazines named Jane Francisco the editor-in-chief of Good Housekeeping magazine, the company said Monday, succeeding longtime editor Rosemary Ellis. Ms. Francisco is editor-in-chief of Chatelaine, a women's lifestyle magazine based in Canada. She begins her new job Dec. 2.Ms. Ellis,... Continue reading at Advertising Age
[ Advertising Age | 2013-11-12 00:00:00 UTC ]
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Pan Macmillan has acquired five self-published and two unpublished novels by bestselling ebook... Continue reading at The Bookseller
[ The Bookseller | 2013-11-12 00:00:00 UTC ]
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The makers of the viral hit The Fox will launch a picture book based on their comedy video. Continue reading at BBC News
[ BBC News | 2013-11-12 00:00:00 UTC ]
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Media mogul Rupert Murdoch's publishing company News Corp. swung to a profit in its fiscal first quarter -- its first financial reporting period as a stand-alone company -- but revenue slipped nearly 3%. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-11-12 00:00:00 UTC ]
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News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Revenue fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year... Continue reading at Advertising Age
[ Advertising Age | 2013-11-12 00:00:00 UTC ]
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The media-industrial complex loves nothing so much as an anniversary -- especially a grim anniversary. Considering that the assassination of President John F. Kennedy is an event that not only radically transformed our nation but the media itself, it's no surprise that the 50th anniversary of... Continue reading at Advertising Age
[ Advertising Age | 2013-11-12 00:00:00 UTC ]
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News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Sales fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year earlier,... Continue reading at Crains New York
[ Crains New York | 2013-11-12 00:00:00 UTC ]
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News Corp, the recently spun off publishing side of Rupert Murdoch’s media empire, reported that its revenue fell in the first quarter of its fiscal 2014, due to lower advertising revenue and foreign exchange fluctuations. The company re ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-11-12 00:00:00 UTC ]
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