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 ]
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Awareness of Small Business Saturday (SBS) in the UK is growing, with an extra £36m spent in small shops last weekend. The initiative, which encouraged people to shop in their local businesses last Saturday (6th December), is in its second year, but has already seen a marked increase in... Continue reading at The Bookseller
[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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The UK has lost nearly 50 libraries over the past year, according to full figures released today (11th December) by the Chartered Institute of Public Finance and Accountancy (CIPFA). Continue reading at The Bookseller
[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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Macmillan Children’s Books has confirmed it will publish Rainbow Rowell’s new title in the UK next year. Continue reading at The Bookseller
[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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Another week, another digital media company with a big funding round.Woven Digital has raised $18 million in the company's second funding round since its 2010 launch. Woven intends to use the funding money to add more people to its ad sales and editorial teams, grow its video business into... Continue reading at Advertising Age
[ Advertising Age | 2014-12-11 00:00:00 UTC ]
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John Wiley & Sons has reported a 6% rise year-on-year in second quarter revenue to $477m, due to growth in its Research and Education divisions, up 5% and 3% respectively, as well as to contributions from its recent acquisitions CrossKnowledge and Profiles International. Continue reading at The Bookseller
[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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Romance is the main genre which Kobo platform users in the UK read all the way to the end, an inaugural Kobo Book Report on e-reading trends in the UK has found. Kobo has revealed both its top purchases, and which books readers actually completed. It found that romance was the most thoroughly... Continue reading at The Bookseller
[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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BookShout, a platform for selling and promoting print and digital titles, has been chosen to deliver content--and offer book retailing--to attendees at Austin’s SXSW festivals in 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-11 00:00:00 UTC ]
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#digital titles
The UK is looking increasingly isolated in charging 20% VAT on ebooks after two more European countries lowered their rates to be in line with print books. Italy has ruled that VAT on ebooks will be cut from the standard 22% to 4% so it matches the rate imposed on printed books. Meanwhile,... Continue reading at The Bookseller
[ The Bookseller | 2014-12-10 00:00:00 UTC ]
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J.K. Rowling, Philip Pullman, Julian Barnes, and others expressed delight when a high court in the United Kingdom struck down a ban on sending books to prisoners. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-12-10 00:00:00 UTC ]
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Apple’s iBooks store in the UK has released its "Best of 2014" list showing that titles with film tie-ins led to the highest sales on the platform among paid-for titles. In fiction, The Fault in Our Stars by John Green (Penguin) sold the most units on the UK iBooks platform in 2014, followed by... Continue reading at The Bookseller
[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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Print unit sales rose 5% in the week ended November 30, 2014 compared to Thanksgiving week in 2013 at outlets that report to Nielsen BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Last week Barnes & Noble severed its ties with Microsoft, taking another step toward becoming, in the words of CEO Mike Huseby, a “client- and content-focused” company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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This weekend bookstores around the country, and a few abroad, will be taking part in the fifth annual Take Your Child To a Bookstore Day. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Steven Dupin, author of 'The Trans Am Diaries: A Hillbilly's Road Trip from Stand Up Comedy to Cancer...and Back Again' (Headline Books, 9780938467908), will appear on 'WGN Midday News' in Chicago on Friday, December 5. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Will Boast: "If fiction is the art of invention, memoir is the art of selection and arrangement." Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Faber Children’s has acquired the world rights to a 2016 diary from Louise Pentland, best known for her fashion and lifestyle channel ‘Sprinkle of Glitter’ on YouTube. Continue reading at The Bookseller
[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Multinational companies like Amazon and Apple will pay a 25% tax on their UK profits, Chancellor George Osborne announced today (3rd December). Delivering the Autumn Statement in the House of Commons, Osborne specifically mentioned large companies “including in the tech sector” would be... Continue reading at The Bookseller
[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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By Robert M. Sacks Do you ever wonder if the publishing industry has learned enough in the last five years to be more effective and more profitable in the next five years? Of course, effective is a relative term... Continue reading at Publishing Executive
[ Publishing Executive | 2014-12-02 00:00:00 UTC ]
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Thanks to digital, news publishers thought they could build a direct relationship with their customers. Recent deals signal the opposite. Two recent deals between media and technology companies struck me as a new trend in the distributio ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-12-01 00:00:00 UTC ]
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Postal rate hikes, paper shortages, the rise of digital publishing, and one of the deepest economic recessions in recent history are just a few of the factors that have harried magazine publishers in the past decade. Many publishers have had to... Continue reading at Publishing Executive
[ Publishing Executive | 2014-12-01 00:00:00 UTC ]
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