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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Personalised children’s book publisher Wonderbly has been acquired by private equity specialist Graphite Capital for an undisclosed amount. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 23:35:14 UTC ]
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US-based marketing tech company Open Road Media (OR/M) has acquired UK e-book specialist indie Bloodhound Books for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 20:12:24 UTC ]
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Bonnier Books UK has acquired independent Scottish publisher Black & White Publishing as part of its long-term strategy for growth. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 19:25:22 UTC ]
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Shari Lapena and Karin Slaughter are among the authors delivering satisfying suspense. Continue reading at The Washington Post
[ The Washington Post | 2021-07-27 16:02:23 UTC ]
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Hachette UK has celebrated “an extremely strong" first half as parent company Lagardère showed a path to recovery in the six months to end of June 2021, with its publishing arm recording some decade-high results. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 10:16:57 UTC ]
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Anticipating producing 50 titles per year from Australia, Welbeck's Marcus Leaver and Mark Smith are partnering with retailer Tony Nash. The post The UK’s Welbeck Publishing Group To Publish in Australia, New Zealand appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-22 21:24:52 UTC ]
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Newly recruited Virago publishing director Anna Kelly has made her first acquisition for the imprint with Harvard student Becca Rothfeld’s debut essay collection All Things Are Too Small. Continue reading at The Bookseller
[ The Bookseller | 2021-07-16 22:35:16 UTC ]
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The illustrated debut novel 'Orphans of the Tide' wins the 2021 Branford Boase Award, which honors both authors and their editors. The post Struan Murray, Ben Horslen Win the UK’s Branford Boase Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-15 20:44:40 UTC ]
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International sales agency Gunnar Lie & Associates Ltd (GLA) is being acquired by Compass Independent Book Sales Ltd (CIPS). Continue reading at The Bookseller
[ The Bookseller | 2021-07-15 07:22:32 UTC ]
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'NPD Books' Brenna Connor says there's a possibility that the American market will go into the autumn with double-digit year-to-date gains. The post NPD BookScan: US June Print Book Sales Up 2.8 Million Over 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-12 17:32:28 UTC ]
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Travel specialist Heartwood Publishing has acquired the assets of map specialist PopOut Maps from John Sadler and Katharine Leck. Continue reading at The Bookseller
[ The Bookseller | 2021-07-07 11:41:32 UTC ]
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Amberley Publishing, an independent specialist in local history heritage, has acquired Quiller Publishing in a £1.4m deal. Continue reading at The Bookseller
[ The Bookseller | 2021-07-02 21:49:26 UTC ]
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The books we love coming out this week include new titles by Jessica Chiarella, Kristen Radtke, and Claire North. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-02 04:00:00 UTC ]
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Congressman Ro Khanna sells a book about tech to S&S, Orbit buys a debut epic fantasy trilogy, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-02 04:00:00 UTC ]
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Nancy Adimora rejoined HarperCollins UK as talent and audience development manager, Diversity & Inclusion, in February 2020, a new role reporting to HarperCollins c.e.o. Charlie Redmayne. Adimora works across the business to attract new authors and will help reach and market to new audiences... Continue reading at The Bookseller
[ The Bookseller | 2021-06-25 02:11:08 UTC ]
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The National Endowment for the Arts is now accepting applications for $135 million in grants tied to the American Rescue Program established by Congress in March. Grants start at $50,000 and the deadlines range between the end of July and late September. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-24 04:00:00 UTC ]
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The Book Industry Charitable Foundation has announced that its Survive to Thrive grant program will award a total of $1.1 million to 115 bookstores and comic shops: 99 stores will receive $10,000 and 16 will receive $7,500. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-22 04:00:00 UTC ]
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Viking has signed a "fascinating" book from Chicago professor Howard Nusbaum, looking at what wisdom is and how we can be wiser. Continue reading at The Bookseller
[ The Bookseller | 2021-06-19 13:56:59 UTC ]
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Having assumed the reins at London Book Fair during one of the most testing times in its history, Andy Ventris is under no illusions as to the size of the challenge that lies ahead for the fair. Continue reading at The Bookseller
[ The Bookseller | 2021-06-18 22:15:17 UTC ]
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The Young Writer Award led by the Sunday Times in the United Kingdom now is sponsored by the Charlotte Aitken Trust. The post The UK’s Young Writer Award Gains Charlotte Aitken Trust Sponsorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-06-18 12:15:40 UTC ]
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