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

Other Publishing stories related to: 'UK-Based Future Acquires Purch for $132.5 Million'


UK’s Publishers Association Reports on Journals in China

China 'is funding 20 new English-language journals a year,' according to the UK's Publishing Association report out this week. At the same time, concern is expressed about 'ideological control.' The post UK’s Publishers Association Reports on Journals in China appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #english-language journals #post uk #china appeared


William Morris Endeavor Acquires RWSG

William Morris Endeavor has acquired the L.A.-based boutique literary agency Rabineau Wachter Sanford & Gillett (RWSG). Through the deal, principal RWSG agents, Sylvie Rabineau and Jill Holwager Gillett, will join WME's Book to Film/TV division as co-heads. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-22 00:00:00 UTC ]
More news stories like this |


Cinderella voted UK’s favourite fairytale

Cinderella is the most popular fairytale in the UK, according to a new poll of 2,000 parents.   Continue reading at The Bookseller

[ The Bookseller | 2016-08-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #favourite fairytale


Gawker sold to Univision for $135 million

Spanish-language broadcaster Univision has bought Gawker Media in an auction for $135 million. That's according to a person familiar with the matter who asked not to be identified because the deal had not been formally announced. The online gossip and news publisher was put on the block in the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2016-08-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$135 million #person familiar #news publisher


Eighth Harry Potter book surpasses one million copies sold in first fortnight

Harry Potter and the Cursed Child (Little, Brown) has once again taken the Official Top 50 number one spot, with 168,389 copies sold for £1.86m in its second week on sale. Continue reading at The Bookseller

[ The Bookseller | 2016-08-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harry potter #cursed child


CGI Acquires RunHaven Digital Assets

Sports publisher joins marketing alliance with MOKO after buying brand. The post CGI Acquires RunHaven Digital Assets appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-08-17 00:00:00 UTC ]
More news stories like this |


NEH to Endow More than $4 Million in Publishing Grants

The National Endowment for the Humanities (NEH) has announced $79 million in grants for 290 humanities projects and programs across the United States, including more than $4 million to book-related projects. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #humanities neh #$4 million #national endowment


International Publishing Notes: Canada, Turkey, UK, USA

An outreach from one nation's publishers to another's, and a newly announced plan for expansion by a European publisher in the States. The post International Publishing Notes: Canada, Turkey, UK, USA appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #usa appeared #european publisher


Cloud Atlas 'astonishingly different' in US and UK editions, study finds

Academic discovers dramatically altered stretches of narrative while researching a paper on David Mitchell’s bestselling novelDavid Mitchell’s Cloud Atlas is a popular choice for book groups around the world. But it turns out that American readers may be enjoying a rather different experience to... Continue reading at The Guardian

[ The Guardian | 2016-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book groups #cloud atlas #study finds #david mitchell #american readers #kindle edition


Explosive sales for newest 'Harry Potter' tale: 2 million and counting

Harry Potter's appeal continues, with huge sales numbers coming out from the release of 'Harry Potter and the Cursed Child,' a book version of the script used in the West End play. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #explosive sales #harry potter #appeal continues #cursed child #book version


Bonnier Publishing Plans $100 Million U.S. Book Division

Bonnier Publishing, the English-language book publishing division of Sweden’s Bonnier Group, has formed Bonnier Publishing USA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book division #bonnier publishing #bonnier group


My Job in 5: Charlotte Green, senior assistant commissioning editor, Oxford University Press

Describe your role  I am the senior assistant commissioning editor for the psychology and social work team at Oxford University Press. My role is to take newly commissioned titles from the idea stage through to handover to production. That means working with authors and enabling them to write... Continue reading at The Bookseller

[ The Bookseller | 2016-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #highest quality


UK writer Helen Gradwell lay dead at home for four months before body found

Helen Gradwell lay dead on her floor for four months – with a book deal sitting unopened on her doorstep. Continue reading at Stuff

[ Stuff | 2016-08-09 00:00:00 UTC ]
More news stories like this |


Cursed Child playscript sells 680,000 in UK in three days

The Harry Potter and the Cursed Child playscript has sold 680,000 print copies in the UK in its first three days of sale – making it the fastest-selling book in a decade. Continue reading at The Bookseller

[ The Bookseller | 2016-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harry potter #fastest-selling book


In the US, UK, and Canada, Harry’s on Another Roll With ‘Cursed Child’

North American sales of 'Harry Potter and the Cursed Child' top 2 million copies, UK sales blow past records, all within days of Rowling's new release. The post In the US, UK, and Canada, Harry’s on Another Roll With ‘Cursed Child’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harry potter #cursed child


'Untold story' of 2011 UK riots to Silvertail

Silvertail is to publish a behind-the-scenes account of the 2011 UK riots by former police officer Michael Matthews. Continue reading at The Bookseller

[ The Bookseller | 2016-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #untold story #behind-the-scenes account


Explosive sales for latest 'Harry Potter' tale: 2 million and counting

Harry Potter's appeal continues, with huge sales numbers coming out from the release of 'Harry Potter and the Cursed Child,' a book version of the script used in the West End play. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #explosive sales #harry potter #appeal continues #cursed child #book version


UK and US publishers agree: Video is where the money is

The majority of U.K. publishers receive a third of their traffic from third-party sites like Facebook and Google, according to an AOL report. This figure has surprised some publishers for being low. News UK's Hamish White believes publishers are either "underplaying their figures" because they... Continue reading at Digiday

[ Digiday | 2016-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news uk #post uk #publishers agree


WIRED Book Club: OK, Let’s Get Weird With Some Future-Paleo Sci-Fi

Relying on nothing but our sense of adventure and reckless spirit, we announce the August pick. The post WIRED Book Club: OK, Let's Get Weird With Some Future-Paleo Sci-Fi appeared first on WIRED. Continue reading at Wired

[ Wired | 2016-08-03 00:00:00 UTC ]
More news stories like this |


'Cursed Child' Sales Top Two Million

Scholastic estimated Wednesday morning that 'Harry Potter and the Cursed Child Parts One and Two' sold more than two million copies in North American in its first two days of sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million copies #cursed child #harry potter #north american