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 ]
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Denmark’s Egmont ČR Acquired by Czech Children’s Publisher Albatros

Solidifying its hold on the Czech children's book market, Albatros Media acquires Danish consortium Egmont's Czech operation. The post Denmark’s Egmont ČR Acquired by Czech Children’s Publisher Albatros appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-03-31 00:00:00 UTC ]
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Quercus acquires domestic noir thriller by Heathcote

Quercus is to publish domestic noir novel Undertow by Psychologies magazine associate editor Elizabeth Heathcote. Continue reading at The Bookseller

[ The Bookseller | 2016-03-30 00:00:00 UTC ]
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Pushkin to publish Bass for first time in UK

Pushkin Press is to publish American writer and activist Rick Bass for the first time in the UK. Continue reading at The Bookseller

[ The Bookseller | 2016-03-30 00:00:00 UTC ]
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Getty Foundation to issue $8.5 million in grants for Latino and Latin American-themed shows across SoCal

A show about the boundary-pushing art of radical Latin American women and another devoted to the science fiction of the Americas are just two of 43 exhibitions and events receiving $8.5 million in grants from the Getty Foundation as part of Pacific Standard Time: Los Angeles/Latin America,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-30 00:00:00 UTC ]
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Justin Turner grand slam pushes Dodgers past Rangers, 5-4

AT THE PLATE: Justin Turner hit a grand slam to power the Dodgers again. He is hitting .600 in the Cactus League, with eight runs batted in. "Offensively, defensively, he's just consistent," Manager Dave Roberts said. Charlie Culberson ended the game with a walkoff single to drive in Austin... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-29 00:00:00 UTC ]
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Hodder acquires history of grime

Hodder & Stoughton has acquired This is Grime, the story of grime music, by music journalist Hattie Collins. Continue reading at The Bookseller

[ The Bookseller | 2016-03-25 00:00:00 UTC ]
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Audible UK sponsors short story salon

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[ The Bookseller | 2016-03-24 00:00:00 UTC ]
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How Fortune draws from 5,000 outside contributors

Heeding the call for traffic growth, Fortune has joined the ranks of publishers including The Huffington Post and Forbes in cultivating a contributor network. Today, 6 percent of the business-news site's content comes from outside contributors. The site has taken a careful approach to platform... Continue reading at Digiday

[ Digiday | 2016-03-24 00:00:00 UTC ]
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In 10 months, Quartz has gone from zero to 200 million video views

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[ Digiday | 2016-03-24 00:00:00 UTC ]
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Self-published titles '22% of UK ebook market'

Sales of self-published ebooks accounted for 22% of the digital book market in the UK last year, the Nielsen BookInsights Conference today was told, although growth in overall ebook sales is slowing. Continue reading at The Bookseller

[ The Bookseller | 2016-03-24 00:00:00 UTC ]
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My Job In 5; Laura Martin, Capacity Planning Manager, Clays Printing

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[ The Bookseller | 2016-03-22 00:00:00 UTC ]
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Faber Children’s acquires fantasy series

Faber Children’s has bought a middle-grade fantasy series by Kieran Larwood, the author of Freaks (Chicken House). Continue reading at The Bookseller

[ The Bookseller | 2016-03-22 00:00:00 UTC ]
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How the BBC, Sky Sports and other UK media are using Facebook Live video

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[ Digiday | 2016-03-21 00:00:00 UTC ]
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Behind the Spanish Bestseller, 'All My Futures Are With You'

A book of poetry by singer-songwriter Marwan has now spent over 43 weeks on the bestseller lists in Spain thanks, in part, to the star's social media following. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-21 00:00:00 UTC ]
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The future of the Spanish language? It will be more Latin American -- and more English

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[ Los Angeles Times | 2016-03-19 00:00:00 UTC ]
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Spotify agrees to pay millions for unmatched royalties

Spotify has come an agreement with NMPA (National Music Publishers Association) over unpaid royalties for music on the streaming service that didn't have copyright owner information. According to The Verge, the company will pay $21 million. Continue reading at Engadget

[ Engadget | 2016-03-18 00:00:00 UTC ]
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Sony is betting on love for the Beatles lasting in a new $750 million deal

For a 2012 episode of the popular TV show "Mad Men," Lionsgate paid an estimated $250,000 for the sound recording and publishing rights to use "Tomorrow Never Knows." Money may not buy love, but the steep price for a single Beatles song helps explain why Sony Corp. would be willing to make a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-16 00:00:00 UTC ]
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My Job In 5; Rebecca Tomlinson senior editorial assistant Policy Press

I spoke to Rebecca Tomlinson, senior editorial assistant at Policy Press about her role, what she is working on at the moment and also whether she had always wanted to work as an editor.  Read the full interview here. Continue reading at The Bookseller

[ The Bookseller | 2016-03-15 00:00:00 UTC ]
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Why Anthony Bourdain Is Bullish on the Future of Long-Form Digital Storytelling

Anthony Bourdain, the celebrity chef turned TV show host, believes there's untapped potential with digital media to dive deeper into food and travel stories.  During a South by Southwest Interactive keynote moderated by Nathan Thornburgh, chief editor and publisher at Roads & Kingdoms,... Continue reading at AdWeek

[ AdWeek | 2016-03-14 00:00:00 UTC ]
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Hachette UK optimistic despite 'challenging' year

Shares in Hachette’s parent company Lagardere have fallen by 8.2% this morning after announcing a lower-than-expected profit forecast and the departure of its chief financial officer. Continue reading at The Bookseller

[ The Bookseller | 2016-03-11 00:00:00 UTC ]
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