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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Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if... Continue reading at PC World
[ PC World | 2014-07-16 00:00:00 UTC ]
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Led by book format comics with $415 million in sales, the North American comics and graphic novel marketplace generated $870 million in sales in 2013, according to a new estimate by ICV2 and Comichron. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Apple has resisted settling with the government over charges that it conspired with publishers to fix ebook prices. While its alleged co-conspirators have already opted to pay up and move on, Cupertino has been steadfast in maintaining its... Continue reading at Engadget
[ Engadget | 2014-07-16 00:00:00 UTC ]
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In the UK, the Society of Authors’ chief executive claims that traditional publishers’ terms 'are no longer fair or sustainable' for author's to make a living. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-07-15 00:00:00 UTC ]
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Ray Tindle, the grand old man of local newspaper publishing who remained bullish throughout the dark days of recession, is positively bubbling now. Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-07-09 00:00:00 UTC ]
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Wattpad, an online writing and reading community, has acquired the Red Room, an online community originally described as a “Facebook for authors.” The site will be subsumed into Wattpad. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-08 00:00:00 UTC ]
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HarperCollins is stepping up its Christian publishing in the UK, using its acquisition of Thomas... Continue reading at The Bookseller
[ The Bookseller | 2014-07-07 00:00:00 UTC ]
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Penguin is donating a copy of Jeremy Paxman’s history of the First World War to every... Continue reading at The Bookseller
[ The Bookseller | 2014-07-04 00:00:00 UTC ]
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IBM and Bon Appetit Magazine have entered into a cookbook and big data partnership. Here's why cooking and food are so important for big data. This article contains interviews with Steve Abrams, IBM Watson Group Director and Stacey Rivera, Bon Appetit Digital Director.Read Full Story Continue reading at Fast Company
[ Fast Company | 2014-07-03 00:00:00 UTC ]
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Philip Gwyn Jones has acquired two novels from author Gavin McCrea for his list at Scribe UK.... Continue reading at The Bookseller
[ The Bookseller | 2014-07-01 00:00:00 UTC ]
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Will the bright, imaginative, tech savvy, book reading (or content devouring) twentysomething choose Gollancz or Google, Faber or Facebook, Orion or O2? Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-30 00:00:00 UTC ]
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Schuler Books, a group of three bookstores in Michigan, is acquiring Nicola's Books in Ann Arbor. The sale will be finalized in mid-August. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-30 00:00:00 UTC ]
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Orchard Books has acquired YA title The Witch of Salt & Storm, a book set in a late-1800s... Continue reading at The Bookseller
[ The Bookseller | 2014-06-30 00:00:00 UTC ]
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Five brands that are encroaching on established publishers' turf by starting their own content sites. The post 5 brands becoming news publishers in their own right appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2014-06-27 00:00:00 UTC ]
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More library services could be delivered in local pubs and shops according to the chair of a... Continue reading at The Bookseller
[ The Bookseller | 2014-06-26 00:00:00 UTC ]
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Europa Editions UK has acquired its first title by a British writer, a historical fiction novel... Continue reading at The Bookseller
[ The Bookseller | 2014-06-25 00:00:00 UTC ]
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The Bookseller reports that Amazon is making new demands on UK publishers, including the right to deliver POD titles to customers should a book be out of stock. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-25 00:00:00 UTC ]
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UK publishers have raised concerns about Amazon’s new contractual arrangements, with the... Continue reading at The Bookseller
[ The Bookseller | 2014-06-23 00:00:00 UTC ]
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Egmont has acquired two YA titles from Kevin Brooks, the winner of the 2014 CILIP Carnegie Medal... Continue reading at The Bookseller
[ The Bookseller | 2014-06-23 00:00:00 UTC ]
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Melville House UK will launch its first titles this autumn, starting with a novel by Goldsmiths... Continue reading at The Bookseller
[ The Bookseller | 2014-06-19 00:00:00 UTC ]
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