UK-Based Future Acquires Purch for $132.5 Million

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 ]
News tagged with: #annual revenue #joining forces

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Join Digiday, The New York Times and Keywee in NYC on Thurs. for the future of publishing

As part of Keywee's efforts to bring together the New York publishing community, we are teaming up with The New York Times and Digiday to discuss how The Times approaches topics like audience development, reader engagement, and content distribution, as well as trends in digital publishing. We... Continue reading at Digiday

[ Digiday | 2016-10-26 00:00:00 UTC ]
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Hearst Acquires Aviation Service CAMP

The publisher dives deeper into information and data with latest purchase. The post Hearst Acquires Aviation Service CAMP appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-10-26 00:00:00 UTC ]
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Viking acquires The Real Pet Detective

Viking has acquired The Real Pet Detective from retired policeman turned missing pet investigator Tom Watkins. Continue reading at The Bookseller

[ The Bookseller | 2016-10-22 00:00:00 UTC ]
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Yellow Kite acquires Nagisa Tatsumi's The Art of Discarding

Yellow Kite has acquired the book said to have first sparked Japan’s tidying revolution: The Art of Discarding by Nagisa Tatsumi. Continue reading at The Bookseller

[ The Bookseller | 2016-10-21 00:00:00 UTC ]
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Millions for Williams as Blink inks biography deal

Bonnier Publishing imprint Blink has splashed a seven-figure sum acquiring the rights to a second authorised biography of pop star Robbie Williams. Continue reading at The Bookseller

[ The Bookseller | 2016-10-21 00:00:00 UTC ]
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The Implications of Brexit for the UK Academic Market

Threats and opportunities were considered by leading figures from academic publishing at Thursday’s panel discussion on Brexit. The post The Implications of Brexit for the UK Academic Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-10-21 00:00:00 UTC ]
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Super Thursday: battle for UK book charts Christmas No 1 begins

Jamie Oliver and Phil Collins go up against Ladybird parodies and Danish coziness on bumper publishing day Jamie Oliver and Phil Collins will do battle against Ladybird and the Danish concept of hygge in the race to be Christmas No 1 in the UK book charts, which begins in earnest with the... Continue reading at The Guardian

[ The Guardian | 2016-10-20 00:00:00 UTC ]
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Books of The Times: Review: In ‘The Arab of the Future 2,’ Back to Syria in 1984

The cartoonist Riad Sattouf; the second volume of his graphic memoir has just been published. Continue reading at The New York Times

[ The New York Times | 2016-10-20 00:00:00 UTC ]
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Most UK authors' annual incomes still well below minimum wage, survey shows

Report finds average earnings for British authors are just £12,500, with legal protections among the worst in EuropeAs publishing prepares for the Christmas rush, with a blizzard of titles due for launch this week on “Super Thursday”, a European commission report has shown that life is less than... Continue reading at The Guardian

[ The Guardian | 2016-10-19 00:00:00 UTC ]
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Back to the future: were newspaper publishers wrong to go digital?

Leading US commentator asks: what if the entire industry made a business blunder by putting news up online for free while ignoring their print product? “What if”, asks Jack Shafer, “almost the entire newspaper industry got it wrong? What if, in the mad dash to put up editorial content on to the... Continue reading at The Guardian

[ The Guardian | 2016-10-19 00:00:00 UTC ]
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Emmis Sells Texas Monthly for $25 Million

Paul Hobby, whose family once owned the Houston Post, purchases magazine. The post Emmis Sells Texas Monthly for $25 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-10-18 00:00:00 UTC ]
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Viking acquires memoir about living with MS

Viking has acquired a memoir about living with multiple sclerosis as a young father, The Inland Empire: Travels in Multiple Sclerosis by Christian Donlan. Continue reading at The Bookseller

[ The Bookseller | 2016-10-15 00:00:00 UTC ]
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Hodder acquires award-winning French novel The Last of Our Kind

Hodder & Stoughton has acquired an award-winning French novel and commercial-literary crossover, The Last of Our Kind (Le Dernier Des Nôtres) by Adélaïde de Clermont-Tonnerre. Continue reading at The Bookseller

[ The Bookseller | 2016-10-15 00:00:00 UTC ]
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Transworld acquires guide to algorithms in six-figure pre-empt

Transworld has acquired an "insider's guide" to algorithms as part of a two-book deal in a pre-emptive six figure bid. Continue reading at The Bookseller

[ The Bookseller | 2016-10-15 00:00:00 UTC ]
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Bonnier Zaffre acquires two saga novels from Melody Sachs

Bonnier Zaffre has acquired two new saga novels from actress, playwright and a famed wedding gown designer, Melody Sachs. Continue reading at The Bookseller

[ The Bookseller | 2016-10-14 00:00:00 UTC ]
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Transworld acquires unagented debut thriller What Alice Knew

Transworld Publishers has acquired What Alice Knew, an addictive psychological thriller by an unagented debut author TA Cotterell. Continue reading at The Bookseller

[ The Bookseller | 2016-10-14 00:00:00 UTC ]
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Digital Publishers Come Together as Group Nine Media, Backed by $100 Million From Discovery

The digital media industry is facing an extremely competitive revenue landscape. In times like this, it's sometimes better to link arms with other, similar, companies, backed by an even bigger, more profitable company.Discovery Communications on Thursday announced a $100 million minority... Continue reading at Advertising Age

[ Advertising Age | 2016-10-13 00:00:00 UTC ]
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W&N acquires bereft fiancée's debut memoir Traveling with Ghosts

 Weidenfeld & Nicolson has acquired a "haunting" memoir of love and loss, Traveling with Ghosts. Continue reading at The Bookseller

[ The Bookseller | 2016-10-12 00:00:00 UTC ]
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Vintage to house Sarah Jessica Parker imprint in UK

Vintage has confirmed it is launching a new line of books spearheaded by Sarah Jessica Parker in the UK in 2018 and revealed a logo for the new imprint. Continue reading at The Bookseller

[ The Bookseller | 2016-10-11 00:00:00 UTC ]
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HarperCollins UK and William Morrow buy editor's debut thriller

HarperCollins and William Morrow have snapped up The Woman in the Window, a debut psychological thriller in the vein of “Rear Window", which has already had film rights sold to Fox 2000. Continue reading at The Bookseller

[ The Bookseller | 2016-10-11 00:00:00 UTC ]
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