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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I should preface this by saying that I’m a big fan of Steph Curry. He’s indisputably the greatest shooter of all time. He’s done more to revolutionize the game (for both good and ill I would argue, but that’s a discussion for another day…) than any other player of his generation. He proved the... Continue reading at Literrary Hub
[ Literrary Hub | 2022-01-14 18:13:15 UTC ]
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The Publishers Association says the industry could benefit "significantly" from a new UK trade deal with India. Continue reading at The Bookseller
[ The Bookseller | 2022-01-13 14:31:32 UTC ]
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Leading library service provider OverDrive this week reported that a total of 121 public libraries and consortia across seven countries and from 37 U.S. states surpassed one million digital lends in 2021, a significant jump from 2020, when 102 libraries hit the mark. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
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Booming appetites for crime, sci-fi and romance drive fiction sales 20% higher than in 2019, with Richard Osman the year’s bestselling authorBook sales continued to climb last year despite lockdowns, with more than 212m print books sold in 2021 – the highest figure of the last decade.Driven by... Continue reading at The Guardian
[ The Guardian | 2022-01-11 17:21:11 UTC ]
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Fable, a mobile platform for online book clubs that launched in early 2021, has announced $20 million in Series A funding, which will used to expand the company's services, such as the recently launched club with 'Lord of the Rings' actor Sean Astin. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-11 05:00:00 UTC ]
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PC gaming Giant Take-Two has announced that it's making a big move into mobile gaming with the acquisition of Zynga for a total price of approximately $12.7 billion. Take-Two already owns Rockstar Games, Codemasters and 2K, producing games like Grand Theft Auto, Red Dead Redemption, Bioshock and... Continue reading at Engadget
[ Engadget | 2022-01-10 13:17:58 UTC ]
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The Athletic, which quickly came to prominence for publishing exclusive reporting and high-quality sports journalism, is getting a new owner. As first reported by The Information, The New York Times has agreed to buy the subscription-based digital media company for $550 million. The deal is... Continue reading at Engadget
[ Engadget | 2022-01-06 17:05:15 UTC ]
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Henry Firth and Ian Theasby, the co-creators of BOSH!, have sold more than one million copies of their plant-based cookbooks, according to publisher HQ. Continue reading at The Bookseller
[ The Bookseller | 2022-01-06 14:19:08 UTC ]
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Escape the midwinter doldrums with new books by Lisa Gardner, Elizabeth George, Alafair Burke and more Continue reading at The Washington Post
[ The Washington Post | 2022-01-06 13:00:32 UTC ]
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Chicago Review Press acquired Interlude Press, a publisher of LGBTQ+ fiction, including YA fiction released under its Duet Books imprint. Interlude has been distributed by CRP's parent company, IPG, since 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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UK publishers and the book trade donated more than one million books to readers in 24 countries last year, according to charity Book Aid International. Continue reading at The Bookseller
[ The Bookseller | 2022-01-04 21:12:55 UTC ]
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The US Authors Guild, Amazon Publishing, and Penguin Random House win a default judgment against Ukraine-based 'Kiss Library.' The post Ukraine-Based ‘Kiss Library’ Under Permanent Injunction in Book Piracy Case appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-01-04 10:56:43 UTC ]
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For decades, I sat in meetings with all-white teams. The industry needs an independent body to advise on equalityI’m a literary agent and at the height of last year’s Black Lives Matter protests I was sent a list, with accompanying photographs, of the top editors working across the major... Continue reading at The Guardian
[ The Guardian | 2022-01-01 10:00:46 UTC ]
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Exploring the diversity of The Atlantic’s original fiction: Your weekly guide to the best in books Continue reading at The Atlantic
[ The Atlantic | 2021-12-31 15:24:18 UTC ]
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Now that you've read "Klara and the Sun" and "One Last Stop," it's time to look ahead. Continue reading at The Washington Post
[ The Washington Post | 2021-12-30 11:00:43 UTC ]
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A federal judge has issued a default judgment against a major overseas e-book piracy operation known as the KISS Library. In addition to a permanent injunction barring the service from operating, the court also awarded the plaintiffs the maximum amount of damages under the law, totaling some... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-29 05:00:00 UTC ]
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The UK's first Black specialist bookshop is to shut its doors and move entirely online, as financial constraints jeopardise its future. Continue reading at The Bookseller
[ The Bookseller | 2021-12-28 16:05:54 UTC ]
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Dark Horse Media, an independent comics publishing house and entertainment media company, has been acquired by the Embracer Group, a Swedish videogame development company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-22 05:00:00 UTC ]
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If you’ve started to generally understand the ebbs and flows of cryptocurrencies, the volatility of Bitcoin and the rest, and started to comprehend why blockchain tech has a big future beyond Dogecoin, it probably means you’re late to the NFT party. Non-fungible tokens are, well, unique. (That’s... Continue reading at Engadget
[ Engadget | 2021-12-20 12:13:50 UTC ]
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Broken Sleep Books has landed Killernova, a book that explores the woodcutting heritage and colonial history of Southeast Asia in verse, by Bornean-Australian author and poet Omar Musa. Continue reading at The Bookseller
[ The Bookseller | 2021-12-17 01:51:27 UTC ]
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