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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Palgrave Macmillan to continue unchanged in UK

The Palgrave Macmillan imprint based in the UK will continue unchanged, the company announced today (5th June), despite the Palgrave imprint in the US is being closed. Earlier this week St Martin’s Press in the US announced it would be retiring the Palgrave imprint, a boutique imprint that... Continue reading at The Bookseller

[ The Bookseller | 2015-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #boutique imprint #palgrave macmillan #general audience


Zaffre acquires David Jackson series

Zaffre, an imprint of Bonnier Fiction Publishing, has acquired a new crime series by David Jackson. The series is set in Liverpool and features policeman DS Nathan Cody.The first book in the series is entitled A Tapping at my Door. Zaffre acquired the UK and Commonwealth rights from Oli Munson... Continue reading at The Bookseller

[ The Bookseller | 2015-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #crime series #david jackson #oli munson


Sphere acquires actress Welch

Sphere has bought two novels by actress and television presenter Denise Welch. In her first deal for the list, deputy publisher for Sphere fiction Maddie West acquired UK and Commonwealth rights in two books from Gordon Wise at Curtis Brown. Welch has starred in programmes including... Continue reading at The Bookseller

[ The Bookseller | 2015-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deputy publisher #gordon wise #curtis brown #coronation street #loose women #ve learned


Bookselling Roundup, Week Ending June 5, 2015

La Casa Azul in East Harlem celebrates its third birthday this weekend. Burry’s Books in Hartsville, S.C., will stay open afterall. And World Eye in Greenfield, Mass., has put its financial troubles behind it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #financial troubles


Authors on the Air June 5, 2015: Jesse Goolsby

Jesse Goolsby, author of 'I'd Walk with My Friends If I Could Find Them' (HMH, 9780544380981), will appear on NPR’s 'Weekend All Things Considered' on Sunday, June 7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
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Daily Mail Invests $3 Million in Native Partner Taboola

The Daily Mail is announcing today that it has invested $3 million in publishing-tech company Taboola, and there are two big reasons why—native ad dollars and speed. "At the end of the day, we have to move so quickly," said Jon Steinberg, CEO of Daily Mail North America. "We're all competing... Continue reading at AdWeek

[ AdWeek | 2015-06-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #timely fashion #coming months #comedy central #find people


Nosy Crow series tops one million sales mark

Nosy Crow has said it has broken the one million sales mark for the first time with its The Rescue Princess series, written by author Paula Harrison and illustrated by Sharon Tancredi. The publisher has sold almost 10,000 copies of the books in the UK through Nielsen BookScan Total Consumer... Continue reading at The Bookseller

[ The Bookseller | 2015-06-03 00:00:00 UTC ]
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New Fifty Shades Hits #1, as Vintage Heads to Press for 1.25 Million Copies

In a matter of hours, pre-orders pushed 'Grey: Fifty Shades of Grey as Told by Christian,' to the top of the Barnes & Noble and Amazon bestseller lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #barnes noble


In the UK, Penguin Random House v. Amazon is New Normal

Strike up the band: Amazon and Penguin Random House are in a contract dispute in the UK, prompting another round of hand-wringing and buy-button action. The post In the UK, Penguin Random House v. Amazon is New Normal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #contract dispute


Capstone acquires Oliver picture book

Capstone has acquired a picture book by Carmen Oliver, author and founder of book agency The Booking Biz. Bears Make the Best Reading Buddies was created to encourage literacy and is about a little girl called Adelaide and her reading buddy, Bear. In the story, Adelaide has to persuade her... Continue reading at The Bookseller

[ The Bookseller | 2015-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #picture book #book agency #encourage literacy #erzsi deak #publish simultaneously


Quiet First Quarter for Books-A-Million

Revenue at Books-A-Million fell 1.9% in the first quarter ended May 2, 2015 compared to last year’s first period. Net loss at the chain was cut to $5.3 million, from $5.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter ended #net loss


Brian Davies to step down at PRH UK

Brian Davies, chairman of Penguin Random House UK’s distribution companies, is to leave Penguin Random House in September. Davies will also step down from the PRH executive. He will move to a four-day week until his departure at the end of September. Continue reading at The Bookseller

[ The Bookseller | 2015-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh uk


SAGE acquires Pion

SAGE has purchased Pion Limited, an independent publisher of academic journals. The sale, which was brokered by Bertoli Mitchell LLP, was announced jointly by chairman for Pion, David Cohen and Ziyad Marar, SAGE’s global publishing director. The acquisition results in Pion’s entire publishing... Continue reading at The Bookseller

[ The Bookseller | 2015-05-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent publisher #announced jointly #david cohen #ziyad marar


Tech blog spinoff Re/code acquired by Vox Media

Tech news blog Re/code has been acquired by online publishing company Vox Media, just 18 months after spinning off from its former parent, The Wall Street Journal. Continue reading at Stuff

[ Stuff | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #vox media


BEA 2015: Is Subscription the Future of E-Books?

Subscription ebook services have been a buzzworthy topic in recent years, but are they a good deal for authors and publishers? That was the topic of a standing room only panel, moderated by Smashwords founder Mark Coker who noted the promise of subscription models as well as the “legitimate... Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #subscription models #good deal #standing room


Pirate ebook websites to be blocked in UK

Online piracy is usually associated with music, movies, and software. But the ever-growing popularity of ereaders such as the Amazon Kindle has also led to a burgeoning ebook piracy scene. The UK has been trying to clamp down on piracy recently, and the latest target is a raft of sites offering... Continue reading at Betanews

[ Betanews | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online piracy #amazon kindle #restrict access #online content


Amazon ends UK sales diversion to Luxembourg

Amazon has started booking sales made to customers in the UK through the UK branch, instead of diverting sales through Luxembourg. The company’s new arrangements came into force on 1st May. Previously retail sales have been recorded in Luxembourg, where Amazon has its European headquarters,... Continue reading at The Bookseller

[ The Bookseller | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk branch #european headquarters


UK ISPs to block eBook piracy sites

The UK's biggest broadband providers will shortly start blocking seven of the most popular websites used by eBook pirates. Continue reading at BBC World

[ BBC World | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #popular websites #ebook pirates


UK ISPs ordered to block ebook piracy sites

In a major victory for book publishers, the UK's High Court has ordered internet service providers (ISPs) to block several sites offering pirated ebooks. The decision means that BT, Sky, Virgin Media, TalkTalk and EE now have 10 days to comply and e... Continue reading at Engadget

[ Engadget | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major victory #book publishers #high court #decision means #virgin media