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
The book business is merging into the magazine business as more publishers sell literature via subscription to highly targeted clusters of readers. High-profile literary studio Plympton is leading the charge with its $5-a-month iOS service Rooster. Continue reading at Wired
[ Wired | 2014-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book business
#magazine business
New figures show that three-fifths of Britain's video, video games and music sales are now derived from the internetGrowing demand for streaming services such as Netflix and Spotify helped the UK home entertainment sector increase its revenues in 2013 for the first time in five years to £5.3bn,... Continue reading at The Guardian
[ The Guardian | 2014-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#physical formats
Hachette UK’s earnings before interest and taxes (EBIT) were down slightly in 2013, because... Continue reading at The Bookseller
[ The Bookseller | 2014-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hachette uk
#digital sales
BookNet Canada’s annual three-day tech forum, which took place March 3-6, drew people from across the country's publishing scene, as well as some as far away as Malta, to discuss the future of writing, reading, and publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing scene
#booknet canada
How positioning your business model around your most engaged customers will reap beaucoup returns.As a long-time comic book artist, fan, and professional, I have experienced firsthand how comics collectors travelled long distances to meet up with others who shared these passions. In the 1990s,... Continue reading at Fast Company
[ Fast Company | 2014-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bring people
#online communities
#online community
#business model
New eMarketer research forecasts mobile ad spend to top £2bn this year, and for total digital media to reach £9bn by 2017UK mobile advertising spend is forecast to top £2bn and overtake newspaper ad revenue for the first time in 2014, according to new research.Total digital media advertising... Continue reading at The Guardian
[ The Guardian | 2014-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#advertising spend
#steepest drop
#market share
UK-based startup ValoBox offers an attractive revenue sharing model for those who use social media as a catalyst to sell books, empowering discovery. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sell books
Linda Matthews announced she is stepping down as director of Chicago Review Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-05 00:00:00 UTC ]
More news stories like this |
Mark Anderson has been appointed the new managing director of Pearson UK. Anderson has been... Continue reading at The Bookseller
[ The Bookseller | 2014-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pearson uk
Mike Darcey says relying on online ads as main revenue stream is risky in market containing rivals such as Google and FacebookNews UK chief executive Mike Darcey has called the Guardian and Daily Mail digital "minnows" – despite the publishers' boasting a combined monthly online readership of... Continue reading at The Guardian
[ The Guardian | 2014-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#drudge report
#upcoming launch
#great outcome
Tight restrictions on foreign transactions did not deter UK kids publishers from striking numerous deals following the China Shanghai Children's Book Fair. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk children
#book fair
Chalice Press has acquired a book by United Methodist pastor Frank Shaefer, who was defrocked in December for officiating at his gay son’s marriage six years ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#chalice press
Tech is returning dividends to publishing, with Valobox's 'Gift an Ebook' program and Bookseer's advanced social media data mining and price analytics. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#data mining
The acquisition gives users of TeachersNotebook.com exposure to OverDrive’s network of schools and libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-03 00:00:00 UTC ]
More news stories like this |
Signs from the UK Independent Publishers Guild conference signal a move toward bolder experiments with with content, DRM, and engagement to foster a brighter future. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-03-03 00:00:00 UTC ]
More news stories like this |
Academic e-textbook platform CourseSmart has been acquired by Ingram Content Group’s Vital... Continue reading at The Bookseller
[ The Bookseller | 2014-03-03 00:00:00 UTC ]
More news stories like this |
In February, social media chatter was dominated by films inspired by books—six of the top 10 most-discussed books have movie adaptations either in theaters or in the works. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-01 00:00:00 UTC ]
More news stories like this |
Pearson reported a contribution to earnings of 78 million pounds from Penguin and Penguin Random House in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pearson reported
Sexism is real and it spills over to our most influential cultural publications. How many times do we have to call for change?Today, as they have every year since 2009, VIDA: Women in The Literary Arts, an organization dedicated to gender parity in the literary arts, released its annual count... Continue reading at The Guardian
[ The Guardian | 2014-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#journalism school
IPPR report calls for advertising, film and TV to support businesses outside London and to help develop non-white talentThe UK's creative industries need to embrace regional and ethnic diversity if they are to play an improved role in helping the economy, warns a report from a leading... Continue reading at The Guardian
[ The Guardian | 2014-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#creative centres
#showing signs
#action plan