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
Simon & Schuster (S&S) Children’s UK has bought the UK and Commonwealth rights to The Black Kids by Christina Hammonds Reed, which is set during the 1992 Rodney King riots. Continue reading at The Bookseller
[ The Bookseller | 2019-07-16 07:46:34 UTC ]
More news stories like this |
City officials are going after a group of landlords for operating a ring of illegal short term rentals that they marketed on popular booking sites including Airbnb, Booking.com and Homeaway.com. The... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-20 17:52:51 UTC ]
More news stories like this | News stories tagged with:
#city officials
#popular book
City officials are going after a group of landlords, accusing them of operating a ring of illegal short-term rentals that they marketed on popular booking sites including Airbnb, booking.com and... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-20 17:52:51 UTC ]
More news stories like this | News stories tagged with:
#city officials
#popular book
It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek
[ AdWeek | 2019-06-07 20:03:20 UTC ]
More news stories like this | News stories tagged with:
#$683 million
#bookseller waterstones
#operate independently
UK sales of translated fiction grew by 5.5% last year, largely thanks to sales by top authors like Jo Nesbo, research commissioned by the Man Booker International Prize shows. Continue reading at The Bookseller
[ The Bookseller | 2019-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk sales
#top authors
#jo nesbo
#research commissioned
Executives at digital news publisher Mic managed to lay off nearly the entire company and secure a new owner all in one day. The company, which launched with a splash as a go-to news source for millennials, is officially being sold to Bryan Goldberg's Bustle Digital Group. Sources say a... Continue reading at AdWeek
[ AdWeek | 2018-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#entire company
#news source
#bryan goldberg
September Publishing has bought John Howkins’ Invisible - The Future of Work, about the increasing importance of the often invisible creative process in the work place. Continue reading at The Bookseller
[ The Bookseller | 2018-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#september publishing
#increasing importance
PR agency Freud’s, the Independent, Vice and Tony Blair Institute for Global Change among those with linksLondon has become a hub for global Saudi public relations and media influence campaigns, with British firms earning millions of pounds from efforts to improve the image of the kingdom and... Continue reading at The Guardian
[ The Guardian | 2018-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#london office
#jamal khashoggi
International media group Future plc has acquired NewBay Media for an initial net value of $13.8 million, the companies announced today. NewBay Media, based in London and New York, is a magazine and website publisher, with multiple verticals covering fields like TV and audio, electronics and... Continue reading at AdWeek
[ AdWeek | 2018-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#newbay media
Roughly 60 Specsaver Bestsellers were fêted overnight (January 25) at London's May Fair Hotel, with Nielsen Book determining which titles sold 250,000, 500,000, and 1 million units in 2017. The post UK: Specsavers Awards, Based on Sales, Honor Paula Hawkins, Philip Pullman, More appeared first... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post uk
#philip pullman
With an aim of 'breaking down silos and embracing new ways of communicating with our target readers,' The Quarto Group consolidates three imprints into one master entity headed by Richard Green. The post White Lion Publishing: Quarto Announces Reorganization of Its UK-Based Trade Imprints... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-01-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#target readers
On a night when politics nearly overshadowed show business, NBC’s telecast of Golden Globes Awards was watched by 19 million viewers on Sunday, a 5% decline from 2017. Though the ratings from Nielsen were off from the previous year, the audience for the show emceed by “Late Night” host Seth... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#5% decline
The publisher has been folded into John Murray Press as an imprint, and will be overseen by managing director Nick Davies, while Kingsley herself plans to retire. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-30 00:00:00 UTC ]
More news stories like this |
David Walliams’ Bad Dad (HarperCollins) has screeched into a third week as the UK Official Top 50 number one, selling 80,643 copies for £472,764. Continue reading at The Bookseller
[ The Bookseller | 2017-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#david walliams
Three major Chinese education publishers have joined together to co-found a UK-based English Language Teaching publishing house. Continue reading at The Bookseller
[ The Bookseller | 2017-08-24 00:00:00 UTC ]
More news stories like this |
Two new reports from the UK's Academic Book of the Future call for stakeholders in academic publishing tto formalize their collaboration in order to make advancements and improvements. The post The UK’s ‘Academic Book of the Future’ Project: Two Key Reports appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#academic book
Penguin Random House has acquired publisher Ediciones B to become part of its Penguin Random House Grupo Editorial division in Spain and Latin America to help it grow in the "strategically important" Spanish-speaking markets. Continue reading at The Bookseller
[ The Bookseller | 2017-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#grupo zeta
#latin america
Hachette UK has acquired independent ebook publisher Bookouture, just four years since it was founded in 2012 by former Harlequin/Mills & Boon marketing executive Oliver Rhodes. Continue reading at The Bookseller
[ The Bookseller | 2017-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hachette uk
Personnel changes hit Los Angeles Magazine as new owners lay off publisher, EIC. The post Hour Media Group Acquires Emmis Magazines for $6.5 Million appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-03-01 00:00:00 UTC ]
More news stories like this |
Mark Piesing looks at the opportunities and challenges for Pearson in the UK market. Continue reading at The Bookseller
[ The Bookseller | 2017-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk market
#digital future
#mark piesing