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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New figures from the Publishers Association show fiction and audiobooks did particularly well, with value of consumer sales up 7% on 2019 despite bookshop closuresFiction sales in 2020 soared by more than £100m for UK publishers, as readers locked down at home made their escape into books, with... Continue reading at The Guardian
[ The Guardian | 2021-04-26 23:01:49 UTC ]
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Total publishing income hit record levels in 2020, rising 2% to £6.4bn, buoyed by a digital surge that helped offset a 6% decline in print sales, a report by the Publishers Association shows. Continue reading at The Bookseller
[ The Bookseller | 2021-04-26 10:50:38 UTC ]
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Hachette Children’s Group has acquired If This Gets Out, a queer YA romance from new author duo Sophie Gonzales and Cale Dietrich. Continue reading at The Bookseller
[ The Bookseller | 2021-04-15 22:55:02 UTC ]
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Ingram Content Group has reached a deal to sell its digital learning platform VitalSource to Francisco Partners. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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Academic Bibi Bakare-Yusuf established Cassava Press to “change the way the world thinks about African writing”, and 15 years on from its inception, the publisher is more ambitious than ever. Continue reading at The Bookseller
[ The Bookseller | 2021-04-13 23:31:51 UTC ]
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HarperCollins has acquired a book by journalist Alix Sharkey exploring his experience growing up with a brother now imprisoned for the murder of teenager Danielle Jones. Continue reading at The Bookseller
[ The Bookseller | 2021-04-13 19:59:28 UTC ]
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In an attempt to take the subject beyond March, this month’s audiobook recommendations shine a light on women’s history, known and unknown, heralded and not. Viewing the glass as half-empty, it’s dispiriting how many of these stories remain untold, forgotten, or misunderstood. But let’s be... Continue reading at Literrary Hub
[ Literrary Hub | 2021-04-05 08:49:04 UTC ]
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If you need a little optimism about the future (and who doesn't?), pick up these hopeful science fiction and fantasy books, including LaGuardia by Nnedi Okorafor and Tana Ford. Continue reading at Book Riot
[ Book Riot | 2021-04-02 10:32:00 UTC ]
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The books we love coming out this week include new titles by Abby Jimenez, Jeff VanderMeer, and Paul Herron. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-02 04:00:00 UTC ]
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William Morrow preempts a debut novel by Liz Stein, Michelle Tea sells a memoir about the reproductive industrial complex to Dey Street, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-02 04:00:00 UTC ]
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Ingram Content Group seeds Binc's 'Survive to Thrive' bookstore grant program, with additional major support from publishers and Bookshop.org. The post US Book Industry Charitable Foundation Raises $1 Million for Bookstores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-04-01 14:26:57 UTC ]
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Three months after the post-Brexit transition period ended on 31st December, wholesalers and booksellers in Germany, one of the largest book export markets on the continent, have joined British publishers in concerns about delays and rising costs hitting the trade since the UK became a... Continue reading at The Bookseller
[ The Bookseller | 2021-03-31 15:59:15 UTC ]
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HarperCollins parent News Corp's intended acquisition of HMH Books & Media raises, for some, new concern about consolidation. The post News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-31 15:40:39 UTC ]
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The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-29 04:00:00 UTC ]
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A first look at the new report on Europe's book publishing markets highlights the range of impact felt in the first year of the pandemic. The post Federation of European Publishers’ New COVID-19 Impact Report: Europe Closes 2020 Down 2 to 5 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-26 15:57:21 UTC ]
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Bonnier Books UK's new digital-first imprint Embla Books has bought Laura Starkey's debut, Rachel Ryan’s Resolutions, as its first acquisition. Continue reading at The Bookseller
[ The Bookseller | 2021-03-22 11:15:26 UTC ]
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CMA says it is considering whether Penguin Random House’s $2bn deal would lessen competitionAuthors fear the worst if Bertelsmann takes over Simon & SchusterThe UK competition watchdog has launched an investigation into Penguin Random House’s $2bn (£1.45bn) takeover of Simon & Schuster,... Continue reading at The Guardian
[ The Guardian | 2021-03-22 09:00:30 UTC ]
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If the last year has taught us anything, it’s that Austin’s (Lincoln-drivin’, Wild Turkey-suppin’, Longhorns-boostin’, emergency-broadcastin’, naked bongo-playin’, UT professorin’) favorite son, Matthew David McConaughey, is actually a far busier man than his famously laid-back public persona... Continue reading at Literrary Hub
[ Literrary Hub | 2021-03-19 18:40:38 UTC ]
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When I was a young girl there was one day of the week that I looked forward to more than any other. It was the day my Mum and I would drive to the local library a few miles away and I could exchange my books. I would become obsessed with one writer after another and read an entire series of... Continue reading at The Bookseller
[ The Bookseller | 2021-03-18 18:10:04 UTC ]
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The American Rescue Plan includes $135 million in new funding for the National Endowment for the Arts to help arts organizations hard hit by the pandemic. Of the funding, 60% will be administered directly by the National Endowment for the Arts, with 40% channeled through state and regional... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-15 04:00:00 UTC ]
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