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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Kudos acquires TV rights to Faber's Viral

Kudos has acquired television rights to "break-out" thriller Viral by Helen FitzGerald, after a "hotly" contested auction. The book is about mothers, daughters and a viral sex tape, and tells the story of one mother’s quest for truth and vengeance following the online shaming of her... Continue reading at The Bookseller

[ The Bookseller | 2015-10-06 00:00:00 UTC ]
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Dodo Ink acquires Monique Roffey erotic novella

Dodo Ink has bought a literary erotic novella by Monique Roffey about a married couple whose relationship is going stale until they meet a mysterious femme fatale. UK and Commonwealth rights, excluding Canada, were acquired from Isobel Dixon at Blake Friedmann. Continue reading at The Bookseller

[ The Bookseller | 2015-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dodo ink #isobel dixon #blake friedmann


My Job In 5: John Chrimes, Freelance ELT writer

Describe your role I create content for English Language Teaching learning materials including course books, apps and online materials. I produce general titles for adults and teenagers to more specialised content for university students for naval officers and sales managers. I mostly write to... Continue reading at The Bookseller

[ The Bookseller | 2015-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #create content #university students #years ahead


This Week's Bestsellers: October 5, 2015

The newest member of Miss Peregrine’s brood is the #2 book in the country. Plus J. Kenji López-Alt drops some food-science knowledge, and Elizabeth Gilbert, Jan Karon, Bill O’Reilly, and others have big debut weeks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #miss peregrine ##2 book #elizabeth gilbert #jan karon


Book Deals: Week of October 5, 2015

Jennifer Wiener goes kid friendly, taking a middle-grade trilogy to Aladdin; Viking nabs the new novel by Ruth Ozeki; Wattpad bestseller Kirsty Moseley lands at Forever; and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #viking nabs #ruth ozeki


News Briefs: Week of October 5, 2015

Suit against Pearson proceeds and more in this week's notable publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-02 00:00:00 UTC ]
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UK authors join together with #BuyBooksForSyria

Profits from all books marked with the 'Buy Books for Syria' sticker in any of Waterstones' 280 UK locations will be part an initiative to raise one million pounds for Syrian refugees.. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buy books #million pounds #syrian refugees


UK publishers mixed on how to combat ad blocking

New research from the U.K.'s Association of Online Publishers shows that 65 percent of publishers count ad blocking as a serious threat. We asked publishers including Condé Nast and the Economist, how to solve the problem. The answers range from a call for industry standards to moving toward a... Continue reading at Digiday

[ Digiday | 2015-10-02 00:00:00 UTC ]
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Johnson: 'Bonnier is fourth biggest publisher in UK'

Under c.e.o. Richard Johnson, the past few years have seen breathtaking change at Bonnier Publishing, the English-language wing of family-owned Swedish media giant Bonnier. There have been five start-ups, overseas and in the UK, most recently a UK adult fiction business headed by Mark Smith; and... Continue reading at The Bookseller

[ The Bookseller | 2015-10-02 00:00:00 UTC ]
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It'll take 100 years to reach full gender equality in the C-suite based on the current trend, say LeanIn.Org and McKinsey

Women are as much as 10 decades away from reaching gender equality in the United States, according to a new study published Wednesday by LeanIn.Org and McKinsey & Co. The report from Facebook Inc. Chief Operating Officer Sheryl Sandberg’s nonprofit and the management consulting firm states... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-10-02 00:00:00 UTC ]
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Icon acquires 'ground-breaking' book on masculinity

Icon Books has acquired Man Up: Surviving Modern Masculinity by journalist Jack Urwin, a book that explores the reason masculinity is “currently in crisis”. Tom Webber, commissioning editor at Icon Books, bought UK and Commonwealth rights from Juliet Pickering at Blake Friedmann to Man Up.... Continue reading at The Bookseller

[ The Bookseller | 2015-10-02 00:00:00 UTC ]
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UK rights for banned YA book still available after US rights sold

UK rights for Ted Dawe’s divisive award-winning YA novel, Into the River, are still available, Penguin Random House NZ has confirmed, after US and Canadian rights were sold to independent American publisher Polis Books. Polis Books also acquired the rights to Dawe’s earlier novel Thunder Road... Continue reading at The Bookseller

[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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HarperCollins acquires youngest-ever GBBO star's cookbook

HarperCollins has acquired Twist, the first cookbook from The Great British Bake Off’s youngest ever contestant, Martha Collison.  Publisher Grace Cheetham acquired world rights from Claudia Young at Greene & Heaton. Martha Collison contended in the 2014 series of GBBO - progressing to the... Continue reading at The Bookseller

[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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Picador acquires New York tale of murder, sex and obsession

Inspired by a true crime story, Little Deaths by Emma Flint tells the tale of Ruth Malone, a recently divorced cocktail hostess, who wakes one morning to discover her children are missing. Continue reading at The Bookseller

[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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UK Authors, Publishers Donate Book Sales to Syrian Refugees

Some of the UK’s most famous authors and publishers are donating their earnings from book sales to raise £1m for Syrian refugees. The post UK Authors, Publishers Donate Book Sales to Syrian Refugees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk authors #syrian refugees #famous authors #book sales


Medium Raises $57 Million for the ‘Best Stories and Ideas on the Internet’

Medium, the publishing platform hatched by Twitter co-founder Ev Williams, has raised $57 million in a round led by Andreessen Horowitz.   It’s the three-year-old company’s second funding round, and people familiar with Medi ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #round led #andreessen horowitz #funding round


Banned New Zealand YA Novel Acquired By U.S. Publisher

Ted Dawe's 'Into the River,' which earlier this month became the first book in over two decades to be banned in New Zealand, has been acquired by Jason Pinter at Polis Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ted dawe #polis books


Granta acquires new China history novel

Granta Books has acquired “exquisitely written” novel about China’s “revolutionary” history by Madeleine Thien. Editorial director Bella Lacey acquired UK & Commonwealth rights excluding Canada to Do Not Say We Have Nothing from Sarah Chalfant at the Wylie Agency. Continue reading at The Bookseller

[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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Oculus Connect: 5 key questions at the big virtual reality conference in Hollywood

Oculus VR, the virtual reality technology company owned by Facebook Inc., is set to make several announcements Thursday in the final stretch before its first products start shipping early next year. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-09-24 00:00:00 UTC ]
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When Acquiring Debut Authors, Ask If They Can Compete

Lauren Parsons of Legend Press says that when acquiring a debut author for a UK list, one needs to believe the book can compete with the established brands. The post When Acquiring Debut Authors, Ask If They Can Compete appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-24 00:00:00 UTC ]
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