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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Crowdfunding publisher Unbound has launched a "major" new £5,000 short story prize in celebration of its fifth birthday. Continue reading at The Bookseller
[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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UK writer Russell Jones has been shortlisted for the $50,000 (£37,990) Half the World Global Literati Award for his unpublished YA novel The Talkers. Continue reading at The Bookseller
[ The Bookseller | 2016-07-06 00:00:00 UTC ]
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Orion has acquired a new novel to be the first in a series of sagas from journalist and author Fiona Ford. Continue reading at The Bookseller
[ The Bookseller | 2016-07-06 00:00:00 UTC ]
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Fate of print edition unknown as Markets Media undergoes digital redesign. The post Traders Magazine Acquired by Markets Media appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-07-06 00:00:00 UTC ]
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Is the 'perennial cachet' in fantasy fiction so strong for booksellers in India that 'writers are told by publishers to base their stories around the time of the Ramayana and the Mahabharata'? The post She Said, She Said: Indian Fantasy, Mythology, and the Future appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-07-05 00:00:00 UTC ]
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Amazon takes Manhattan; Ohioans get a bookstore; Morris Book Shop in Kentucky for sale; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-05 00:00:00 UTC ]
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The UK division of a German publisher is pushing ahead with plans to expand its children’s book business, despite the economic uncertainty caused by the UK’s decision last week to leave the European Union. Continue reading at The Bookseller
[ The Bookseller | 2016-07-04 00:00:00 UTC ]
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Amercian writer and futurist Alvin Toffler, the celebrated author of prophetic 1970 bestseller Future Shock (Bantam), has died, aged 87. Continue reading at The Bookseller
[ The Bookseller | 2016-07-01 00:00:00 UTC ]
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Pocket Shop plans to open several more stores in the UK next year as landlords are keen to "present something new" to the public, its c.e.o. Anna Borné Minberger has told The Bookseller. Continue reading at The Bookseller
[ The Bookseller | 2016-07-01 00:00:00 UTC ]
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PopJam, the social app for children, now has more than one million users, according to owner SuperAwesome. Continue reading at The Bookseller
[ The Bookseller | 2016-06-30 00:00:00 UTC ]
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Penguin Random House UK is vacating both its Transworld office in Ealing and its office in the Strand by 2020, it has announced. Continue reading at The Bookseller
[ The Bookseller | 2016-06-29 00:00:00 UTC ]
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Axel Springer and ad blocking company Eyeo have clashed in several court battles. Most recently, the German publisher was handed a slight victory; the ad block company cannot accept a fee from the publisher to be on its acceptable ads initiative. This is encouraging for U.K. publishers; however,... Continue reading at Digiday
[ Digiday | 2016-06-29 00:00:00 UTC ]
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Harper Business has acquired world English rights to Microsoft CEO Satya Nadella’s first book, 'Hit Refresh,' which is slated to hit shelves in fall 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-29 00:00:00 UTC ]
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The Bodley Head has acquired a "major" debut on the British policy of appeasement by historian Tim Bouverie. Continue reading at The Bookseller
[ The Bookseller | 2016-06-29 00:00:00 UTC ]
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On a wrenching day, we learned that UK voted to leave the European Union. Despite Brexit, the book publishing industry remains internationally engaged. The post International Publishing and the UK’s Vote for Brexit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-06-25 00:00:00 UTC ]
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Years of campaigning by UK newspapers have paid off – but debate rages over whether they reflect or influence public viewsEU referendum – liveDavid Cameron resignsWas it the Sun wot won it? In a text less than an hour after the victory for leave was declared, editor Tony Gallagher told the... Continue reading at The Guardian
[ The Guardian | 2016-06-24 00:00:00 UTC ]
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Three students were announced as the winners of the Penguin Random House UK Design Award 2016, each receiving £1,000 and the opportunity to undertake a work placement with the publisher. Continue reading at The Bookseller
[ The Bookseller | 2016-06-24 00:00:00 UTC ]
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In a presentation to investors Thursday morning, company execs unveiled the new cafes that will be the centerpiece of its new concept stores, discussed plan to grow store and online sales, and strategy to continue to shrink Nook losses. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-23 00:00:00 UTC ]
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Company signs over $50 million in deals with 140 companies and celebrities for Facebook Live content. The post Facebook Pays Publishers Over $50 Million to Start Using Live Video appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-06-23 00:00:00 UTC ]
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A food container for Ikea that warns when its contents are about to spoil, an AI voice interface for Amazon designed for seniors and an app that reads books to children via Facebook Messenger were among the winning student work of this year's Future Lions awards at the Cannes Lions International... Continue reading at Advertising Age
[ Advertising Age | 2016-06-23 00:00:00 UTC ]
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