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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Michael Joseph has held on to Sylvia Day in the UK, snapping up the first books in a new series... Continue reading at The Bookseller
[ The Bookseller | 2014-01-21 00:00:00 UTC ]
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The Internet has been disrupting the businesses of publishing and bookselling for the past two decades. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-17 00:00:00 UTC ]
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F+W Media is expanding its verticals with its acquisition of New Track Media, a craft content and commerce company founded in 2006. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-17 00:00:00 UTC ]
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A few key take-aways from DBW 2014: teens aren't reading for fun, ebook sales grow overseas, Wall Street discounts publishing and Amazon is like modern art. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-01-17 00:00:00 UTC ]
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At Digital Book World, independent booksellers and librarians answered two questions: Why are we still here, and how do we stay here? Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
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Following yesterday's look at trade publishing, George Lossius, CEO of Publishing Technology, predicts five trends for the academic publishing sector in 2014. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-01-15 00:00:00 UTC ]
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A new report by the Department for Culture, Media and Sport (DCMS) has shown that the publishing... Continue reading at The Bookseller
[ The Bookseller | 2014-01-15 00:00:00 UTC ]
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Philip Gwyn Jones is to join Scribe UK this month in the newly-created part-time role of editor-... Continue reading at The Bookseller
[ The Bookseller | 2014-01-15 00:00:00 UTC ]
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Penguin Random House UK has created a single children's division, led by Francesca Dow. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-15 00:00:00 UTC ]
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Oyster, the recently launched ebook subscription service, has raised $14 million in its latest funding round. The new funding was led by Highland Capital Partners and includes participation from the existing Founders Fund which was led by Peter Thiel. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Web privacy tips, vanilla pollination, robot law, big book data, and the children of a Moscow garbage dump. Continue reading at The Atlantic
[ The Atlantic | 2014-01-14 00:00:00 UTC ]
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George Lossius, CEO at Publishing Technology, predicts 5 trends for trade publishing for the year, including a boost for big data and a focus on formats. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-01-14 00:00:00 UTC ]
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Company plans enhanced discovery and search tools to explore the 5m magazines already createdPersonalised digital magazine app Flipboard is aiming to pass 150 million users in 2014, thanks to enhanced discovery and search tools that will allow users to better explore the 5m individual online... Continue reading at The Guardian
[ The Guardian | 2014-01-13 00:00:00 UTC ]
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Numerous experts from the UK publishing scene spoke with The Guardian about what evolution they anticipate for digital publishing in 2014. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-01-13 00:00:00 UTC ]
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A weekly newspaper is about to be published without having an office, reports HoldTheFrontPage. The Hemel Hempstead Gazette, having left its headquarters, will operate in future largely through computer screens.Editor John Francis tells me there will be weekly face-to-face meetings of the half... Continue reading at The Guardian
[ The Guardian | 2014-01-10 00:00:00 UTC ]
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The last time The New York Times embarked on a wholesale redesign of its Web site, in 2006, the iPhone wasn't on the market. Tablets like the iPad were still years away. So the new design that The Times is unveiling Wednesday is generating mu ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-01-08 00:00:00 UTC ]
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Jodi Picoult has become the first writer to top the official UK Top 50 in 2014. The mass-market... Continue reading at The Bookseller
[ The Bookseller | 2014-01-07 00:00:00 UTC ]
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Academy Chicago Publishers will become an imprint of Chicago Review Press and will expand its publishing program to 15-20 titles per year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-07 00:00:00 UTC ]
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Bookish, the struggling social network backed by three big five publishers, has been acquired by start-up online retailer, Zola Books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
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Cookstr founder Will Schwalbe will stay on in an expanded role as v-p of editorial development and content innovation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
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