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

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'Where are the brown people?': authors slam lack of diversity in UK publishing

Nikesh Shukla calls industry’s backtracking ‘a perfect loop-de-loop of blame’ as he is joined by Jon McGregor in a groundswell of readers and authors demanding more diverse representationMan Booker winner Marlon James: ‘Writers of colour pander to the white woman’Authors Nikesh Shukla and Jon... Continue reading at The Guardian

[ The Guardian | 2015-11-30 00:00:00 UTC ]
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Thanksgiving Weekend Drew over 151 Million Shoppers

According to the National Retail Federation, more than 151 million people shopped in stores and/or online over Thanksgiving weekend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-30 00:00:00 UTC ]
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City and Regional Publisher SagaCity Media Acquires Sarasota Magazine

The deal, which includes five titles, marks the Portland, Oregon-based publisher’s entry into the East Coast market. The post City and Regional Publisher SagaCity Media Acquires Sarasota Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-11-30 00:00:00 UTC ]
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Headline acquires new Harkness from PRH

Headline has acquired a new novel by Deborah Harkness in a deal struck with Penguin Random House. Continue reading at The Bookseller

[ The Bookseller | 2015-11-28 00:00:00 UTC ]
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Sphere acquires two Clare Mackintosh thrillers

Sphere has acquired two psychological thrillers from Clare Mackintosh, author of the bestselling I Let You Go. Continue reading at The Bookseller

[ The Bookseller | 2015-11-28 00:00:00 UTC ]
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Faber acquires next Stewart Lee book

Faber has signed Content Provider, a new book from award-winning comedian and writer Stewart Lee. Content Provider will feature a selection of Lee's columns and articles with annotations, foot-notes and some new material. It will published in August 2016. Publishing director, Hannah Griffiths,... Continue reading at The Bookseller

[ The Bookseller | 2015-11-27 00:00:00 UTC ]
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Sales, Losses Inch Up at Books-A-Million

Led by adult coloring books, third quarter sales at Books-A-Million rose 0.4%, but the loss increased to $7.1 million from $6.9 million in last year's third period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
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Walker acquires new teen guide by Nicola Morgan

Walker Books has acquired The Teenage Guide to Friends, a book aimed at helping teenagers navigate friendships and peer group issues, by Nicola Morgan. Continue reading at The Bookseller

[ The Bookseller | 2015-11-24 00:00:00 UTC ]
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Is Subscription the Future for Digital Comics?

The subscription model is changing how consumers get music, movies and TV shows, and now a number of services are trying the model on digital comics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
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'Mockingjay -- Part 2' logs $101-million opening, lowest in 'Hunger Games' franchise

Katniss Everdeen may have come out on top of the weekend box office with an estimated $101 million in domestic ticket sales, but the new "The Hunger Games: Mockingjay -- Part 2" fell short of industry expectations and, unlike the "Twilight" and "Harry Potter" young-adult juggernauts, her "Hunger... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-11-23 00:00:00 UTC ]
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Del Rey acquires 'bold new voice in fantasy fiction' de Jager

Del Rey, an imprint of Ebury Publishing, has acquired "a bold new voice in fantasy fiction" in author Mark de Jager. Continue reading at The Bookseller

[ The Bookseller | 2015-11-21 00:00:00 UTC ]
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Barrington Stoke acquires graphic novel of refugee's journey

Barrington Stoke has acquired the English-language rights to Alpha, a graphic novel about a refugee’s journey from Africa to Europe, by French illustrator Barroux and writer Bessora. Continue reading at The Bookseller

[ The Bookseller | 2015-11-21 00:00:00 UTC ]
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UK rights available for Charlie Hebdo editor's manifesto

UK and Commonwealth rights for the Charlie Hebdo editor’s posthumous manifesto, Open Letter: On Blasphemy, Islamophobia and the True Enemies of Free Expression, have yet to be sold, it has been confirmed. Continue reading at The Bookseller

[ The Bookseller | 2015-11-19 00:00:00 UTC ]
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Time Inc UK to move dozens of titles out of London in restructuring

Publisher of Marie Claire and NME to announce major changes that will involve 300 staff being relocated The publisher of Marie Claire and NME is set to announce a major restructure of its UK business that will see 30 titles and brands and 300 staff relocated outside London.Time Inc UK owns more... Continue reading at The Guardian

[ The Guardian | 2015-11-18 00:00:00 UTC ]
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RH Acquires Three Books by New Nobel Laureate Alexievich

The English translation of 'Second-hand Time' will publish in summer 2016, while 'War's Unwomanly Face' and 'Last Witnesses' will be released in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
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Campaigners must be 'realistic' about future of libraries

Libraries and campaigners have to be "realistic" about what future libraries can offer as funding cuts mean the Libraries Taskforce was "having to make some trade-offs I'm not thrilled about," its c.e.o Kathy Settle said. Continue reading at The Bookseller

[ The Bookseller | 2015-11-17 00:00:00 UTC ]
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Advisory Firm Backs Bid for Books-A-Million

Ahead of a December 8 vote on the proposal by the Anderson family to take Books-A-Million private, an advisory firm recommended that shareholders vote for the offer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
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Zonderkidz's Berenstain Bears Line Sells Five Million Copies

The Living Lights brand from Zonderkidz and author/illustrator Mike Berenstain recently passed the five-million unit sales mark. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
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‘Hunger’ for UK content at Shanghai children's fair

UK publishers exhibiting at the third Shanghai International Children's Book Fair last week reported very busy schedules, with Chinese publishers looking overwhelmingly for series, in either fiction or non-fiction. Continue reading at The Bookseller

[ The Bookseller | 2015-11-17 00:00:00 UTC ]
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5 Reasons Books are So Expensive in South Africa

Jeremy Boraine, publishing director of Jonathan Ball Publishers, offers five reasons why books are so expensive in South Africa. The post 5 Reasons Books are So Expensive in South Africa appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-11-15 00:00:00 UTC ]
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