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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Retail site Bookshop announces UK board

Bookshop.org, a retail site billed as a way for indies to counter Amazon’s online dominance, has today revealed the members of its UK board.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-13 09:56:56 UTC ]
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Amazon Publishing launches first UK ad campaign for celeb author

Amazon Publishing is launching its first ever ad campaign for a celebrity in the UK, rolling out digital signage across 100 London bus stops for essay collection Nothing Like I Imagined by US actress Mindy Kaling. Continue reading at The Bookseller

[ The Bookseller | 2020-10-13 00:14:33 UTC ]
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Cassava Republic acquires Omotoso's 'bold, unflinching' tale

Cassava Republic Press has acquired An Unusual Grief, Yewande Omotoso's third novel.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-09 08:59:05 UTC ]
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Aria acquires three from Suzanne Fortin

Head of Zeus imprint Aria will publish three novels from Suzanne Fortin, with The Forgotten Life of Arthur Pettinger to be released on 4th March 2021.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-06 11:37:28 UTC ]
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Viper acquires two from Malakin

Serpent's Tail imprint Viper has landed a two-book deal with Dan Malakin, with 'heart-racing" thriller The Box to be published in summer 2022.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 13:31:44 UTC ]
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Layfield makes first acquisition in Manchester-based role

Emma Layfield, Hachette Children's Group picture book development director (North), has acquired three picture books from spoken-word poet Tony Walsh as her first acquisition in her new role in Hachette's Manchester office.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 02:22:05 UTC ]
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This Week's Bestsellers: October 5, 2020

‘Hyperbole and a Half’ cartoonist Allie Brosh has the #3 book in the country with ‘Solutions and Other Problems.’ Plus ‘My Own Words,’ a 2016 collection of the late Ruth Bader Ginsburg’s writings, is the #7 book in the county, and a trio of new recipe collections speak to time-strapped home cooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-02 04:00:00 UTC ]
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Book Deals: Week of October 5, 2020

Nicole Lapin lands a seven-book, seven-figure deal with HarperCollins Leadership; Berkley prevails at auction to take three from Lana Popovic´; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-02 04:00:00 UTC ]
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PW Picks: Books of the Week, October 5, 2020

This week, we highlight new books from Anneliese Mackintosh, Deborah Baker., and Ruby Hamad. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-02 04:00:00 UTC ]
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Quercus acquires 'alternative post-war history' from C J Carey

Quercus will publish C J Carey's Widowland, a feminist dystopian novel set in a 1950s Nazi-ruled Britain. Continue reading at The Bookseller

[ The Bookseller | 2020-10-01 21:18:02 UTC ]
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Future Beijing book fairs will be hybrid, say organisers

Organisers of the Beijing International Book Fair say future editions of the event will be a hybrid of digital and physical elements after the 2020 online Smart BIBF was hailed as a success. Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 18:51:42 UTC ]
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Hachette UK reveals programme of events for Black History Month, spearheaded by THRIVE

Hachette UK’s black, Asian and minority ethnic (BAME) employee network THRIVE is partnering with its authors to host a series of free panels in celebration of Black History Month. Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 03:00:06 UTC ]
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Serpent’s Tail acquires Oana Aristide's prescient debut novel

Serpent’s Tail will publish Oana Aristide's debut novel Under the Blue as a lead title in March 2021. Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 02:17:21 UTC ]
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Bookouture's Thread acquires 'inspiring' memoir

Thread, Bookouture's non-fiction imprint, will publish Coconut, a memoir of "belonging, identity and finding home" by debut author Florence Olajide. Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 21:34:05 UTC ]
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Transworld acquires mind coach's debut

Transworld Publishers has acquired How to Master Your Monkey Mind: Overcome Anxiety, Increase Confidence and Regain Control of Your Life by mind coach Don Macpherson. Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 13:23:49 UTC ]
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Head of Zeus acquires four from Russian author Sergei Lebedev

Head of Zeus has acquired Untraceable by Russian author Sergei Lebedev, as well as three other titles.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 03:28:12 UTC ]
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Seven Dials seals deal with 'UK's fittest man'

Seven Dials has acquired Start Where Others Stop by Zack George, dubbed "the UK’s fittest man". Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 00:34:18 UTC ]
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Sphere acquires teenage memoir from comedian Tez Ilyas

Sphere has acquired The Secret Diary of a British Muslim Aged 13¾ from stand-up comedian Tez Ilyas. Continue reading at The Bookseller

[ The Bookseller | 2020-09-28 11:30:14 UTC ]
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Killing millions from behind their desks

Dan Gretton offers a cautionary tale of bureaucratic slaughter past and present. Continue reading at The Washington Post

[ The Washington Post | 2020-09-25 12:00:00 UTC ]
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John Murray acquires debut set in all-girls boarding school

John Murray has acquired Emily Layden's debut novel All Girls, already optioned by HBO, exploring assault, consent and "what it means to be a young female in today’s world". Continue reading at The Bookseller

[ The Bookseller | 2020-09-24 22:43:02 UTC ]
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