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'


Cassandra Clare to tour UK in April

Simon & Schuster Children’s Books UK is bringing Cassandra Clare to the UK in April to promote her new YA novel, Lady Midnight. Continue reading at The Bookseller

[ The Bookseller | 2016-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tour uk #books uk #cassandra clare #lady midnight


Pearson restructure to hit 500 UK jobs

Pearson is set to axe 500 jobs in the UK as part of its restructure this year, The Bookseller understands. Continue reading at The Bookseller

[ The Bookseller | 2016-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookseller understands


My Job In 5, Sarah Sleath, production and editorial assistant/ publicity and marketing assistant, Swales and Willis/Impress Books

This week I asked Sarah Sleath about he dual role as both production and editorial assistant and publicity and marketing assistant at both Swales and Willis and Impress Books. Continue reading at The Bookseller

[ The Bookseller | 2016-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marketing assistant #dual role


Are Kids Of Working Moms Better Prepared For Their Future Careers?

Your mommy guilt might be misplaced: A new book shows that working mothers raise great kids.Juggling work and family obligations makes working mothers feel that they're always dropping the ball somewhere. When you're at work, you're missing time away from your kids. When you're at home, you're... Continue reading at Fast Company

[ Fast Company | 2016-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book shows #networking events


Macmillan's Imprint Acquires Digital Tween Property 'SpacePop'

Imprint, a new imprint of Macmillan Children's Publishing Group, has acquired the global master publishing rights to 'SpacePop,' a series of digitally distributed animated shorts, from Genius Brands International. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #macmillan children


The Haida's tale: Margaret Atwood helps bring Native American literature to the UK

Robert Bringhurst’s translations of Haida stories in A Story as Sharp as a Knife are published in the UK for the first time, thanks to the Booker winner’s championing of this ‘book of wonders’A book which preserves in print the almost lost oral literature of the Native American Haida people has... Continue reading at The Guardian

[ The Guardian | 2016-01-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #booker winner #british columbia #folk tales


W H Smith's luxury venture takes off at Terminal 5

W H Smith has opened the first stores of a new-concept bookshop line in airport terminals, targeting more affluent buyers. Continue reading at The Bookseller

[ The Bookseller | 2016-01-15 00:00:00 UTC ]
More news stories like this |


3 Reasons UK Publishers Are Not Buying into Diversity

Trying to instill diversity into the UK publishing industry is like “working on a car while it is still running,“ says Bobby Nayyar. The answer, he asserts, can only be entrepreneurship. The post 3 Reasons UK Publishers Are Not Buying into Diversity appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #diversity appeared #bobby nayyar


Earnings soar for UK's bestselling authors as wealth gap widens in books industry

New study reveals Julia Donaldson, David Walliams and JK Rowling lead the top 1% of authors, who account for nearly a third of all UK book salesThe gap between publishing’s rich and poor continues to widen, as figures from Nielsen BookScan reveal that the top 50 authors account for more than 13%... Continue reading at The Guardian

[ The Guardian | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sixth year #jk rowling #joel morris #jason hazeley #writing duo #bestselling series #ladybird parodies #jamie oliver


Redwood Media Group Acquires Two Art Shows

Publisher of Decor and Art Business News adds Red Dot Art Fair and Art Santa Fe to growing exhibitions division. The post Redwood Media Group Acquires Two Art Shows appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-01-14 00:00:00 UTC ]
More news stories like this |


The Beauty of Belonging? Diversity in UK Publishing

Bobby Nayyar offers a statistical analysis of diversity — or lack thereof — in the catalogs of major UK publishing houses, as well as initiatives to improve. The post The Beauty of Belonging? Diversity in UK Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk publishing #statistical analysis


The Curious Case of the UK’s Popular Ladybird Parodies

Penguin Random House has sold over a million Ladybird parody books in the UK, success that was preceded by a self-published book they once tried to quash. The post The Curious Case of the UK’s Popular Ladybird Parodies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #self-published book


James Patterson helps flooded UK bookshops

Flooded bookshops The Book Case in Hebden Bridge and The New Bookshop in Cockermouth are to receive a £5,000 grant each from the James Patterson fund. Continue reading at The Bookseller

[ The Bookseller | 2016-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hebden bridge


'Emotive' debut based on real-life story to Urbane

Urbane Publications has signed The Huntingfield Paintress, the debut novel by writer Pamela Holmes. Continue reading at The Bookseller

[ The Bookseller | 2016-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #real-life story


Facebook, Google, Microsoft, Twitter and Yahoo balk at UK's Investigatory Powers Bill

The Investigatory Powers Bill may only be in draft form at the moment, but the UK government has already come in for criticism for its plans. Today, scores of pieces of written evidence, both for and against the proposals, have been published, including input from the Reform Government... Continue reading at Betanews

[ Betanews | 2016-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk government #issue warnings


September acquires Nicholson's Snow book

September Publishing has signed non-fiction nature writing book, Among the Summer Snow by Christopher Nicholson. Continue reading at The Bookseller

[ The Bookseller | 2016-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #september publishing


UK Print Book Sales Pop in 2015, Indie Bookshops Get a Boost

The Bookseller reports a jump in the average price of books in the UK last year, as well as a boost in print book sales — especially at indie bookstores. The post UK Print Book Sales Pop in 2015, Indie Bookshops Get a Boost appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #boost appeared #indie bookshops #bookseller reports #indie bookstores


The Big 5 Publishers Sat Out Deal-Making in 2015

The biggest deals in the publishing industry happened in the professional and education markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biggest deals


WH Smith readies Fresh Talent promotion for take-off at Terminal 5

WH Smith Travel is holding a book signing at London Heathrow Terminal 5 on Friday as part of its 'Fresh Talent' campaign promoting new and emerging writers. Continue reading at The Bookseller

[ The Bookseller | 2016-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book signing #emerging writers


UK 'urgently' seeking assistance tracing missing Hong Kong bookseller

The UK's Foreign Office has confirmed that one of the five missing Hong Kong book publishers is a British citizen and has said it is "deeply concerned" over the publishers' apparent abduction and detention. Continue reading at The Bookseller

[ The Bookseller | 2016-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deeply concerned