UK-Based Future Acquires Purch for $132.5 Million

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

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Black Futures Co-Creators to Guest-Curate Facebook App’s Lift Black Voices Section

Kimberly Drew and Jenna Wortham, co-authors of visual anthology Black Futures, will become the first-ever guest curators of the Lift Black Voices section in its flagship mobile applications. Starting Monday and lasting for three weeks, they will personally select collections of dialogues, essays... Continue reading at AdWeek

[ AdWeek | 2021-01-11 18:55:42 UTC ]
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Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller

[ The Bookseller | 2021-01-08 08:40:13 UTC ]
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Does DC Have a Future in Comics?

Early in 2020 DC parted ways with longtime DC universe copublisher Dan DiDio. That turned out to be the first act of a major housecleaning. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-08 05:00:00 UTC ]
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Scribe to release Biden memoir for first UK publication

Scribe is publishing a new B-format paperback edition of US president-elect Joe Biden’s 2007 memoir, Promises to Keep. Continue reading at The Bookseller

[ The Bookseller | 2021-01-08 03:07:33 UTC ]
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Wiley Buys Open Access Publisher for $298 Million

John Wiley has expanded its presence in the open access field with the acquisition of Hindawi, a London-based scientific research publisher of more than 200 peer-reviewed scientific, technical, and medical journals. Wiley paid $298 million for Hindawi, which had 2020 revenue of $40 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
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Bookouture's Thread acquires memoirs and true crime

Bookouture has acquired four memoirs and its first true crime story for its new non-fiction imprint, Thread. Continue reading at The Bookseller

[ The Bookseller | 2021-01-05 19:04:16 UTC ]
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UK: The 49th Costa Book Awards Name Category Winners

The five category winners of the 2020 Costa Book Awards are announced, with the 'book of the year' honor to come later this month. The post UK: The 49th Costa Book Awards Name Category Winners appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-01-05 13:59:16 UTC ]
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Chicago Review Press Acquires Select Fulcrum Titles

Chicago Review Press, a publishing subsidiary of the distributor IPG, has reached an agreement to acquire 126 select backlist titles, as well as a handful of forthcoming books, from Fulcrum Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
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Read Harder: A Realistic YA Book Not Set in the U.S., UK, or Canada

We're recommending books for the Read Harder task asking you to read a realistic YA book not set in the U.S., UK, or Canada. Continue reading at Book Riot

[ Book Riot | 2021-01-04 11:31:00 UTC ]
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Italy’s Fifth ‘Why I Read’ Campaign Generates Broad-Based Response

The results of the AIE's fifth annual #IoLeggoPerché book donation program for schools and libraries surprised organizers with 300,000 books. The post Italy’s Fifth ‘Why I Read’ Campaign Generates Broad-Based Response appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-01-04 09:46:32 UTC ]
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What to read in 2021 based on what you loved in 2020

Here are 14 books, from a variety of genres, to consider based on recent favorites. Continue reading at The Washington Post

[ The Washington Post | 2020-12-28 13:00:00 UTC ]
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The Cold Millions by Jess Walter, Read by a Full Cast

Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Narrator Edoardo Ballerini anchors a full-cast performance of The Cold Millions, a story that... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-28 09:00:55 UTC ]
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AT&T acquires Canada's You.i TV to bolster efforts to get HBO Max into more markets

AT&T’s WarnerMedia has brought on a startup to help it get HBO Max into more places. The entertainment arm of the Dallas company has acquired Canada-based You.i TV, a provider of cross-platform development tools for television and media companies, according to a statement.  Terms were not... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-12-23 22:03:09 UTC ]
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Short Books acquires 'trailblazing' book on glucose and its effects

Short Books will publish a "trailblazing" book about glucose and its effects from biologist and entrepreneur Jessie Inchauspe, founder of the Glucose Goddess Instagram account. Continue reading at The Bookseller

[ The Bookseller | 2020-12-23 09:19:16 UTC ]
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Freight resumes after France and UK reach agreement on travel ban

Freight services are resuming again between the UK and France today (23rd December) after the two governments reached agreement on lifting a travel ban. Continue reading at The Bookseller

[ The Bookseller | 2020-12-23 02:20:11 UTC ]
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Everything With Words acquires new series from Lambert

Indie publisher Everything with Words has acquired a "beautifully written and compelling" children's series by Richard Lambert. Continue reading at The Bookseller

[ The Bookseller | 2020-12-22 20:33:51 UTC ]
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Del Rey acquires four from Warren

Del Rey, the SFF imprint of Cornerstone, has acquired A E Warren's four-book high-concept science fiction series, described as "Jurassic Park meets Sapiens, set within a bold new imaginative world".  Continue reading at The Bookseller

[ The Bookseller | 2020-12-21 17:20:07 UTC ]
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Rupert Murdoch receives dose of Covid vaccine in UK

Exclusive: 89-year-old News Corp boss gives thanks to key workers, NHS staff and scientistsCoronavirus – latest updatesSee all our coronavirus coverageRupert Murdoch has become the latest public figure to have the coronavirus vaccine, visiting his local GP’s surgery late on Wednesday to receive... Continue reading at The Guardian

[ The Guardian | 2020-12-18 15:44:31 UTC ]
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Bloomsbury bags Leky's UK debut

Bloomsbury is to publish German bestseller What You Can See From Here by Mariana Leky, translated by Tess Lewis, following a three-way auction. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 17:52:33 UTC ]
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