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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Allen & Unwin acquires Swedish crossover novel

Allen & Unwin has acquired the UK and Commonwealth rights to Heart of Jazz by Sara Lövestam, a novel about a bullied schoolgirl and a retired jazz musician.   Sam Redman at Allen & Unwin UK acquired the book from Maria Cardona and Marina Penalva at Pontas Literary & Film... Continue reading at The Bookseller

[ The Bookseller | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #allen unwin


Non-fiction publishing in the UK is in fine health, actually

Contrary to Sam Leith’s complaints last week, commercial publishers continue to take risks, and put out great and original workIn his article last week, Sam Leith deplored the state of mainstream trade publishing, saying it was “getting dumber by the day”, in contrast to the university presses... Continue reading at The Guardian

[ The Guardian | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sam leith #university presses #golden age #profile books


What Scribd’s Growing Pains Mean for the Future of Digital Content Subscription Models

Netflix earned more than $5 billion in 2014. No wonder companies want to be “the Netflix of” other kinds of digital media — ebooks, magazines, music.   That’s not easy to pull off when you don’t ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #growing pains #$5 billion


Apple loses appeal on ebook price-fixing case, will pay $450 million

An appeals court upheld a lower-court ruling that Apple violated antitrust laws to upset Amazon's control of the ebook market.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook market


Graphic Novel, Comics Market Rises to $935 Million in 2014

Led by increases in the book trade, 2014 sales of graphic novels and periodical comics in North America rose in every sales channel except the newsstand, where sales of periodical comics declined. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales channel #graphic novels #book trade #periodical comics


UK Sends Young Authors to 2015 Guadalajara Book Fair

28 UK authors will be setting up shop at the the Guadalajara Book Fair, this November 28-December 6, as part of Britain's 'guest nation' literary program. The post UK Sends Young Authors to 2015 Guadalajara Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #guest nation


Apple to pay $450 million in ebook price-fixing suit

Apple conspired with publishers to artificially raise the price of ebooks, the Second US Circuit Court of Appeals in Manhattan ruled today, upholding a verdict from 2013. Now that the company has lost its appeal, Apple is expected to pay $450 millio... Continue reading at Engadget

[ Engadget | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple conspired #circuit court


Apple To Pay $450 Million In Settlement For Price Fixing E-Books

A federal appeals court stood by a 2013 decision that found the tech giant guilty of fixing ebook prices with publishers.Apple's last-ditch attempt to avoid paying $450 million to ebook buyers was just quashed, according to the Wall Street Journal. The Second U.S. Circuit Court of Appeals in... Continue reading at Fast Company

[ Fast Company | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #last-ditch attempt #ebook buyers #circuit court


YouTuber Butler to do UK book tour

YouTube star Marcus Butler is to go on a 13-date book tour to support publication of his forthcoming book Hello Life (Headline). Butler has 3.7m subscribers to his YouTube channel and two million Twitter followers. Hello Life, released on 28th July, is part memoir, part self-help guide. The... Continue reading at The Bookseller

[ The Bookseller | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #support publication #youtube channel #28th july #part memoir #book signings


Apple DID conspire to inflate ebook prices, must pay $450 million

On the same day that Apple Music launched, Apple received some bad news from the 2nd U.S. Circuit Court of Appeals. In a 2 to 1 vote, judges ruled that the company did conspire with publishers to inflate the prices of ebooks sold through iBookstore, agreeing with a 2013 ruling. The judges found... Continue reading at Betanews

[ Betanews | 2015-06-30 00:00:00 UTC ]
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Johnson & Alcock acquires Fox Mason

Literary agency Johnson & Alcock has acquired Fox Mason, the literary agency set up by Ben Mason in 2010, for an undisclosed sum.   Johnson & Alcock is taking on the liability for Mason’s 20 authors as well as his employee Becky Thomas, who joins Johnson & Alcock as an associate... Continue reading at The Bookseller

[ The Bookseller | 2015-06-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ben mason #associate agent #johnson alcock


Batsford's half-million print run for Marotta

Pavilion imprint Batsford has a 500,000 first print run for colouring book Millie Marotta's Tropical Wonderland, to meet retail orders around the world.  The book, released today (25th June, £9.99), is the follow-up to Millie Marotta’s Animal Kingdom, which has been translated into 30 languages... Continue reading at The Bookseller

[ The Bookseller | 2015-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print run #millie marotta #million copies #animal kingdom #nielsen bookscan


Strident acquires animal tale by Holman

Scottish publisher Strident has acquired an illustrated children’s book by actor and anthropologist Hugh Holman. The Almost Animals is about Angle, a crocogator who lives with the other mixed-up animals in a world called Nowhere. Continue reading at The Bookseller

[ The Bookseller | 2015-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #illustrated children


Amazon records UK sales of £5.3bn last year

Amazon's UK website sales rose by 14% to £5.3bn last year, but the company also paid less in corporation tax and received more handouts in government grants. According to accounts filed in the US, net sales for the UK website were £5.3bn ($8.3bn) to the year ending December 2014, up from... Continue reading at The Bookseller

[ The Bookseller | 2015-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #corporation tax #net sales #uk website #e-commerce giant #companies house


UK Twitter event for E L James

E L James will be holding a live Q&A from the Twitter head office in London's Piccadilly next Monday (29th June). The bestselling author of the Fifty Shades of Grey series will hold the live #AskELJames Q&A at 6pm. The five best questions on the day will win a signed copy of the latest... Continue reading at The Bookseller

[ The Bookseller | 2015-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #grey series #bestselling author #fifty shades #signed copy #latest instalment #christian cornerstone


Scribd Acquires Librify

Librify, an early ebook subscription and social reading service, has been acquired by Scribd, one of the current and most successful ebook subscription services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-24 00:00:00 UTC ]
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Walker acquires YA novel from Curham

Walker Books has acquired a new YA novel by Siobhan Curham, author and editorial consultant for Zoella’s Girl Online. Senior commissioning editor Mara Bergmanbought the world rights to The Moonlight Dreamers, about a girl with two fathers, from Erzsi Deak at Hen & Ink Literary Studio. Continue reading at The Bookseller

[ The Bookseller | 2015-06-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #siobhan curham #walker books #editorial consultant #world rights #erzsi deak


The state of mobile ad spending in 5 charts

As mobile usage and ad spend continues to climb, a handful of new reports show how far it can go. By 2018, mobile ad spend will overtake that of desktop, according to a recent report from PwC. ZenithOptimedia says that that growth will come at the expense of newspapers, magazines and even... Continue reading at Digiday

[ Digiday | 2015-06-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile usage #recent report #ad spend


After First Weekend, E.L. James's 'Grey' Sells over 1 Million Copies

Given demand, publisher Vintage plans to go back for third, fourth and fifth printings on the title, which was released June 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-22 00:00:00 UTC ]
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Amazon will pay some authors based on how many pages you read

Authors are normally paid a consistent amount for every ebook you download, no matter how much of a page-turner it is. Amazon might just shake up that model before long, though. As of July 1st, the internet giant will pay Kindle Unlimited and Kindle... Continue reading at Engadget

[ Engadget | 2015-06-22 00:00:00 UTC ]
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