Future plc has reached an agreement to acquire U.S.-based rival Purch's consumer-facing brands, as well as its RAMP ad tech platform, for $132.5 million (£102 million), significantly expanding the London-based technology publisher's already growing North American footprint. Under the terms of the deal, expected to close in August, assets including Tom's Guide, Tom's Hardware, Live Science and Space.com, among other digital media brands—as well as Purch's multimillion-dollar ad tech licensing business—will join Future's U.S. portfolio, alongside consumer-facing brands such as PC Gamer and MacLife, and NewBay Media, which Future acquired in April for $13.8 million. "The two businesses share similar cultures," said Future CEO Zillah Byng-Thorne in a statement. "We both share our audiences' passion, we're data-driven, ambitious, and both have an innovative mindset. From day one, Future will be number-one in the U.S. consumer technology sector, and beyond this we see clear opportunities for combined growth." Not included in the sale to Future U.S. is Purch's small business-focused b2b unit, a portfolio whose properties include Business.com and Business News Daily as well as the online platform BuyerZone. That unit, which itself has expanded substantially in recent years under SVP and GM Aaron Bailey, will be rebranded as Business.com after the acquisition closes. "Our focus on content and commerce and the development of proprietary monetization technology enabled us to build a... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-07-19 00:00:00 UTC ]
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Bertelsmann has acquired a stake in Indian ed-tech company Eruditus Executive Education. Continue reading at The Bookseller
[ The Bookseller | 2017-04-04 00:00:00 UTC ]
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Head of Zeus has signed Dutch bestseller A Jihad For Love by Mohamed El Bachiri. Continue reading at The Bookseller
[ The Bookseller | 2017-04-01 00:00:00 UTC ]
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Headline Publishing Group has acquired a new memoir from Charlotte Crosby, Brand New Me, about "the ups and downs of the past year", publishing on 29th June 2017. Continue reading at The Bookseller
[ The Bookseller | 2017-04-01 00:00:00 UTC ]
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'The professional indexer has been around for a good century longer than the printed book.' And the Society of Indexers is looking for respect. The post Have You Hugged Your Indexer Today? It’s the UK’s National Indexing Day appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-03-30 00:00:00 UTC ]
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Amazon has acquired Middle Eastern e-commerce website SOUQ.com in a deal referred to as "the biggest-ever technology M&A transaction in the Arab world". Continue reading at The Bookseller
[ The Bookseller | 2017-03-30 00:00:00 UTC ]
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Bertelsmann c.e.o. Thomas Rabe has said the company is "quite confident" of maintaining its "Intellectual Property hub" - meaning not just Penguin Random House and DK, but also its Fremantle Media and BMG businesses - in the UK after Brexit, and has the intention of doing so. Continue reading at The Bookseller
[ The Bookseller | 2017-03-29 00:00:00 UTC ]
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HQ is to publish A Home That Never Was, an "exceptional" and "uncompromising" debut by Michelle Sacks. Continue reading at The Bookseller
[ The Bookseller | 2017-03-29 00:00:00 UTC ]
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Unsung Stories is to publish 2084, a new collection of dystopian fiction featuring exclusive new stories from Christopher Priest, Lavie Tidhar, David Hutchinson and Jeff Noon, in July. Continue reading at The Bookseller
[ The Bookseller | 2017-03-29 00:00:00 UTC ]
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The Dylan Thomas Prize is unusual for its flexibility. The shortlist includes a book of poetry, two books of short stories, plus novels—two of them debuts. The post Dylan Thomas Shortlist of Authors 39 or Younger: UK, US, Australia, Sri Lanka appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-03-28 00:00:00 UTC ]
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Acquisition adds more than 50 new publishers and 250 more titles to portfolio. The post Hearst Magazines and Condé Nast Joint Venture PubWorX Acquires ProCirc appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-03-28 00:00:00 UTC ]
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In the USA, BookExpo includes audiobook events. In Canada, ebook design is stressed in a competition. And in the UK, a bookseller features a self-published novel. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Audiobook ‘Tea’: Alda, Patterson, Meyer, Older eedPOP, which is producing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-03-27 00:00:00 UTC ]
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For venture-backed digital publishers, getting to $100 million in annual revenue is the holy grail, but one few will achieve. The post The $100 million wall: Digital media’s scale struggles appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-03-27 00:00:00 UTC ]
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Hachette UK has launched a new diversity initiative, a creative writing hub called The Future Bookshelf, to make publishing more accessible for writers who feel they aren’t well represented by the industry. Continue reading at The Bookseller
[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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Gollancz has acquired an epic "coming-of-age" fantasy trilogy from author Chris Wooding in a six-figure deal. Continue reading at The Bookseller
[ The Bookseller | 2017-03-24 00:00:00 UTC ]
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Collins Learning has signed a first-of-its-kind deal to translate an influential Shanghai maths learning series – the first time the publisher has imported a book for use in schools this way. Continue reading at The Bookseller
[ The Bookseller | 2017-03-23 00:00:00 UTC ]
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Michael Joseph is publishing a new cookbook from Jamie Oliver, Jamie’s Quick & Easy 5-Ingredient Food, this autumn to tie in with an eight-part primetime TV series on Channel 4 of the same name. Continue reading at The Bookseller
[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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David Martin from Atwood Tate tells us all about his role as a senior consultant. Continue reading at The Bookseller
[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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Megan Duff from Black & White Publishing tells us all about her role as assistant commissioning editor. Continue reading at The Bookseller
[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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Decline of reality TV and soap star memoirs greeted with glee, but publishers say it is time to turn the page on Gone Girl-style ‘grip-lit’On the eve of the London book fair, publishers were excited by news that sales of physical books were up for the second year in a row – 7% more than in 2015.... Continue reading at The Guardian
[ The Guardian | 2017-03-17 00:00:00 UTC ]
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The elimination of the NEA, which is proposed in President Trump's just-released budget plan, could have a severe ripple effect on independent publishing, as hundreds of small presses depend on funding from the NEA to stay afloat. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-16 00:00:00 UTC ]
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