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'


'Apathy leads to BAME writers being excluded in the UK'

Yogesh Patel on why he thinks there is no constructive rejection of BAME writers by the UK publishing industry. Continue reading at The Bookseller

[ The Bookseller | 2016-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bame writers


New Netflix logo has UK publishing company seeing double

Independent company, Prolific North, is unhappy about the streaming giant’s new ‘N’ logo, unveiled this week.The Netflix logo is at the centre of a David and Goliath tussle with a digital media company in the north of England which said it bears a striking resemblance to its own company... Continue reading at The Guardian

[ The Guardian | 2016-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent company #streaming giant #striking resemblance


ProQuest Acquires Alexander Street

Alexander Street president Stephen Rhind-Tutt will stay on board, reporting to ProQuest Information Solutions’ general manager and senior v-p Rafael Sidi. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #general manager


Behind the UK Bestseller, 'Arthur: The Dog Who Crossed the Jungle to Find a Home'

This nonfiction book by a Swedish adventurer who befriended a stray dog on a grueling trek in South America has become an unexpected hit in the U.K. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk bestseller #nonfiction book #grueling trek #south america #unexpected hit


Ian McEwan urges UK to 'remain and reform' EU

Atonement author Ian McEwan has warned a vote to leave the European Union would set into motion "a dangerous unravelling" and urged the UK to "remain and reform". Continue reading at The Bookseller

[ The Bookseller | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european union


Maryland ebook consumers to share in $9 million Apple settlement

Thousands of Maryland consumers who bought electronic books at artificially inflated prices will get their share of $9 million in credits and checks from Apple this week, Maryland Attorney General Brian E. Frosh said Monday.The credits, first announced in March, are part of a $400 million... Continue reading at Baltimore Sun

[ Baltimore Sun | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$9 million


UK programmatic publisher alliance struggles to launch

Premium publisher programmatic alliances have become a go-to move in Europe. The attraction for publishers is that they offer fraud-free, brand-safe environments at scale, and protect the yields of the partner publishers. Yet they can be a nightmare to pull off. The AOP's own alliance hasn't... Continue reading at Digiday

[ Digiday | 2016-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #partner publishers #brand-safe environments #start trading


News UK is doing 25 Facebook Live videos a week

News UK is ramping up its Facebook Live output from a couple a week to five a day. For the last six weeks, live videos have been largely done by its tabloid title, The Sun, where it blends stunt-style videos, like grown men plunging into ice baths, with highly visual footage, like filling up... Continue reading at Digiday

[ Digiday | 2016-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #week appeared #news uk #live videos


Puffin acquires ninth Young Samurai title

Puffin, part of Penguin Random House, is set to publish a ninth book in Chris Bradford’s ‘Young Samurai’ series following demand from fans. Continue reading at The Bookseller

[ The Bookseller | 2016-06-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ninth book #chris bradford


Atwood awarded PEN Pinter Prize ahead of UK tour

Margaret Atwood has been awarded the 2016 PEN Pinter Prize at the same time it is announced she will be embarking on a UK book tour. Continue reading at The Bookseller

[ The Bookseller | 2016-06-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk tour #margaret atwood


Frankfurt’s The Markets: A Snapshot of the UK

Just as "a settling down rather than a reversal" of digital publishing arrives in the UK, this market—one of seven to be featured at Frankfurt Book Fair's conference on October 18—faces the question of a European Union membership referendum. The post Frankfurt’s The Markets: A Snapshot of the UK... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk appeared #post frankfurt


Hygge – the Danish art of living cosily – on its way to UK bookshops

A range of titles celebrating this hard-to-translate aspect of the country’s culture is being lined up to tap the appetite for all things NordicForget the bloody crime novels of Henning Mankell and Jo Nesbø and the bleak crime television of The Bridge and The Killing. The latest Scandinavian... Continue reading at The Guardian

[ The Guardian | 2016-06-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time spent #close friends #meik wiking #biggest trend


My Job in 5: Laure Deprez, editor, Jacaranda Books

This week Laure Deprez, editor, Jacaranda Books talks about her role and gives advice for those looking for a job in books. Continue reading at The Bookseller

[ The Bookseller | 2016-06-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jacaranda books


Apple iBooks Category Bestsellers, June 5, 2016

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended June 5, 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


Rakuten to close UK marketplace

Rakuten will close its UK marketplace website in August following a review of its European operations. Continue reading at The Bookseller

[ The Bookseller | 2016-06-09 00:00:00 UTC ]
More news stories like this |


Lucifer star Tom Ellis' devil character based on David Bowie

The new TV One drama Lucifer is a fresh take on the story of the original fallen angel, based on DC Entertainment's comic book imprint of the same name. But this version takes everything we think we know about the world's greatest villain and flips it. Continue reading at Stuff

[ Stuff | 2016-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david bowie #dc entertainment


My Job in 5; Sophie Schrey, senior editor, Buster Books

This week's My Job in 5 is with My Job in 5; Sophie Schrey, senior editor, Buster Books, the children's imprint of Michael O'Mara.  Here's what she had to say about her role. Continue reading at The Bookseller

[ The Bookseller | 2016-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #senior editor #buster books


Crime Pays in the UK: Could It Have to do With the Setting?

Not to say that it's something in the water, it's often noticed by international observers that the two major publishing markets have different entertainment-genre priorities. The Americans love love. For the Brits, good literature is murder. The post Crime Pays in the UK: Could It Have to do... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #crime pays #good literature


Ferrante among European writers to plead with UK to Remain

Esteemed writers from 10 European nations, including Elena Ferrante, Javier Marias, Anne Enright and former finance minister for Greece Yanis Varoufakis, have issued pleas for the United Kingdom to remain in the EU. Continue reading at The Bookseller

[ The Bookseller | 2016-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #javier marias #anne enright #finance minister #united kingdom


The Future Of Branding Is Debranding

Branded content camouflages what companies have been trying to do since time immemorial: Sell you stuff. Here's a better idea.As digital media blunts the impact of advertising, brands are looking for new ways to lure consumers. The latest, buzziest effort has been to publish stories that look... Continue reading at Fast Company

[ Fast Company | 2016-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #key strategy #branded content #real people