U.K.'s Informa Agrees to Buy Aviation Week Publisher Penton for $1.6 Billion

Informa, the U.K.-based business information provider, has agreed to buy Penton Information Services for 1.18 billion pounds ($1.6 billion) to add exhibitions and professional services in the U.S.The company will fund the purchase through new debt and equity, according to a statement Thursday. The sellers, MidOcean Partners and Wasserstein & Co., will receive about 1.1 billion pounds in cash and 76 million pounds in Informa equity.Informa has accelerated its expansion under CEO Stephen Carter, a former head of U.K. media regulator Ofcom who was named CEO in 2013. Informa, which has a market value of about 4.5 billion pounds, employs more than 6,000 people globally across five divisions: Business intelligence, academic publishing, knowledge, events and support, according to its website. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-09-15 00:00:00 UTC ]
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New Study Finds Google Receives an Estimated $4.7 Billion in Revenue from News Publishers’ Content

The News Media Alliance today published findings from a new study that analyzes how Google uses and benefits from news. Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-06-10 15:10:50 UTC ]
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Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones

Elliott will pay some US$476 million for Barnes & Noble, having last year bought the UK's main chain Waterstones. James Daunt is to run both companies. The post Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 12:22:03 UTC ]
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Equity Firm Agrees to Buy B&N

Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Facebook removes 3 billion fake accounts in 6 months

Facebook removed more than three billion fake accounts from October to March, twice as many as the previous six months, the social networking company said Thursday. Continue reading at CBC

[ CBC | 2019-05-23 16:32:45 UTC ]
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Palm Coast Data Sold to Irish Magazine Publisher for $1 Million, Plus Rent

Palm Coast Data (PCD), the Florida-based provider of subscription and ecommerce fulfillment services to magazine publishers including F+W Media, MotorTrend Group and New York Media, has been sold by former longtime owner AMREP Corp. in exchange for $1 million in cash. The buyer, Studio... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-08 00:00:00 UTC ]
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This Week's Bestsellers: May 6, 2019

Scribner publishes an edition of ‘The Mueller Report’ that hits #2 in the country and sweeps the East Coast. Plus economist Emily Oster lands at #5 in hardcover nonfiction with a data-driven take on parenting, and Melinda Gates’s nonfiction debut is among the week’s notable releases. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mueller report #hits #2 #east coast #hardcover nonfiction #melinda gates #notable releases


Book Deals: Week of May 6, 2019

Montlake pays seven figures for a new novella by Sylvia Day, Penguin wins Rollo Romig’s look at murders in India, Atria re-ups with Lisa Jewell, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 00:00:00 UTC ]
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PW Picks: Books of the Week, May 6, 2019

This week: new books from Ted Chiang, Julie Orringer, Elizabeth Acevedo, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 00:00:00 UTC ]
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Jump! Buys Bearport Publishing

The purchase adds 1,050 curriculum-aligned books for children in grades PreK-8 to Jump!'s list of nonfiction children's works for reluctant and emergent readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-08 00:00:00 UTC ]
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Arcadia Will Buy Pelican Publishing

Arcadia Publishing has agreed to acquire a “significant” majority interest in the New Orleans–based house Pelican Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-04 00:00:00 UTC ]
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Book Deals: Week of April 1, 2019

St. Martin’s pays up for a book on the afterlife, Lupita Nyong’o writes a picture book for S&S, Graywolf celebrates 45 years with another from Claudia Rankine, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-29 00:00:00 UTC ]
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The Week in Libraries: March 1, 2019

Among the week's headlines: a new bill in California aims to strengthen consumer privacy protections; in Texas, school librarians have been cut out of a bill providing educators with a long overdue pay raise; and in a major development, the University of California has terminated its Elsevier... Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-01 00:00:00 UTC ]
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The Week in Libraries: February 1, 2019

For librarians, art (pretty accurately) imitates life in Emilio Estevez’s new film ‘The Public’; ALA Midwinter wraps up in Seattle; and a key legal battle over net neutrality is heard before the Washington D.C. Court of Appeals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
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InMotion buy helps WH Smith to 6% Christmas trading rise

WH Smith has reported a “strong trading performance” for Christmas trading, with total sales up 6%. Continue reading at The Bookseller

[ The Bookseller | 2019-01-24 00:00:00 UTC ]
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The Number of Self-Published Titles Cracked 1 Million in 2017

A big gain in the number of self-published print ISBNs issued in 2017 offset a drop in the number of ISBNs issued for ebooks by self-published authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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This Week's Bestsellers: October 1, 2018

Reese Witherspoon’s debut, ‘Whiskey in a Teacup,’ is the #2 book in the country. Plus YA author Marie Lu’s Warcross duology finishes strong, and a pair of historians offer new books on these United States. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
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Book Deals: Week of October 1, 2018

FSG preempts a narrative nonfiction about four Renaissance queens, S&S nabs an epistolary novel about an underemployed millennial, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
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Salesforce Billionaire Marc Benioff Agrees to Buy Time Magazine

Marc Benioff, the chief executive of Salesforce. He and his wife, Lynne, have agreed to buy Time magazine from Meredith Corporation for $190 million. Continue reading at The New York Times

[ The New York Times | 2018-09-17 00:00:00 UTC ]
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EU copyright law may force tech giants to pay billions to publishers

Legislation opposed by firms like Facebook and Google and groups warning of detrimental consequences for the internetMusic companies, film-makers and media publishers could be in line for billions in payouts after EU lawmakers voted to accept controversial changes to copyright rules that aim to... Continue reading at The Guardian

[ The Guardian | 2018-09-12 00:00:00 UTC ]
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Hachette to Buy Worthy Publishing

Hachette Book Group will acquire all assets of the Nashville-based Christian publisher, including five imprints. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-14 00:00:00 UTC ]
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