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 ]
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The 5 books Bill Gates says you should read in the pandemic summer

The billionaire philanthropist’s regular reading list is informed by the coronavirus crisis, with books about pandemics, how to survive difficult times, and what policies can help us recover Bill Gates, who has spent years warning the world about pandemics and whose foundation is now supporting... Continue reading at Fast Company

[ Fast Company | 2020-05-18 13:00:16 UTC ]
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Amid ‘the ‘Low-Level Hum of Panic,’ the UK’s Young Writer Award Names Its Jury

One juror for the 2020 Young Writer of the Year award says she hopes 'we won’t see a rash of virus or pandemic stories.' The post Amid ‘the ‘Low-Level Hum of Panic,’ the UK’s Young Writer Award Names Its Jury appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-18 12:37:26 UTC ]
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Walker acquires YouTuber Nikki Lilly's motivational life guide

Walker books will publish Nikki Lilly's Come on Life: Highs, Lows and How to Live Your Best Teen Life.  Continue reading at The Bookseller

[ The Bookseller | 2020-05-17 16:39:01 UTC ]
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Bloomsbury acquires pandemic-inspired picture book

Bloomsbury Children’s Books has acquired a pandemic-inspired picture book from author Michelle Robinson, with illustrations by Emily Hamilton. Continue reading at The Bookseller

[ The Bookseller | 2020-05-17 13:35:10 UTC ]
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Literature on Lockdown 5: #CultureConnectsUs

It’s a long-standing joke in lockdown now – among those of us quarantined, self-isolating, or lucky enough to keep working from home – that we don’t know which day it is. Or even which week. And did I shower this morning, or was it yesterday? Our immediate surroundings have been so similar for... Continue reading at British Council global

[ British Council global | 2020-05-15 14:46:20 UTC ]
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At Informa, Virtual Events Are a Testing Ground for Exhibitions’ Hybrid Future

The COVID-19 pandemic was a sudden jolt to organizers of face-to-face events, and perhaps none more so than Informa plc, the world's largest exhibitions firm, which has been forced to cancel or postpone more than 450 live events originally scheduled for the spring and summer. But even as... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-14 17:31:50 UTC ]
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The story behind ‘The Great Realisation,’ a post-pandemic bedtime tale that has captured the hearts of millions

A video-poem by Tom Roberts has caught the attention of Hollywood and will likely become a children’s book. Continue reading at The Washington Post

[ The Washington Post | 2020-05-14 11:00:00 UTC ]
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Escape to the Past With These 5 Historical Manga

Need a break from the present? Dive into the past with these historical manga series, which feature epic quests, blood-soaked revenge, or gentle romance! Continue reading at Book Riot

[ Book Riot | 2020-05-14 10:36:45 UTC ]
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Sally Rooney's Normal People tops UK book charts as readers fall for TV version

Costa award-winning love story of Connell and Marianne takes top slot from David Walliams’ bestselling children’s book SlimeSally Rooney’s Normal People has flown to the top of the UK’s book charts more than two years after it was published, thanks to the release of the TV adaptation starring... Continue reading at The Guardian

[ The Guardian | 2020-05-13 15:44:19 UTC ]
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Faith-Based Books Multiply on Covid-19 Crisis

Religion publishers are racing to respond to the global Covid-19 pandemic with titles aimed at encouraging and comforting readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-13 04:00:00 UTC ]
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Trustbridge Global Media Acquires Walker Books

In another move to broaden its reach in the worldwide children’s book publishing market, Trustbridge has acquired Walker Books, the U.K.-based children’s publisher and owner of Candlewick Press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-12 04:00:00 UTC ]
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Print Unit Sales Rise Nearly 5% at the End of April

Solid gains in the adult fiction and juvenile nonfiction categories lifted print unit sales up 4.7% in the week ended May 2, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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Catford joins Hodder Education as UK field sales director

Hodder Education has appointed Sean Catford, formerly of Pearson, as its UK field sales director. Continue reading at The Bookseller

[ The Bookseller | 2020-05-06 13:36:15 UTC ]
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Boston-based Cengage and McGraw-Hill drop merger plans

Both boards unanimously approved the termination of the merger, announced in May 2019 and originally expected to close in early 2020. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-04 15:05:34 UTC ]
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W H Allen acquires How Not to be Wrong by James O'Brien

W H Allen is to publish How Not to Be Wrong: The Art of Changing Your Mind by James O'Brien, with editorial director Jamie Joseph acquiring all rights directly from the author. Continue reading at The Bookseller

[ The Bookseller | 2020-05-04 12:59:16 UTC ]
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Virago acquires historian Virginia Nicholson's Undressing Women

Virago has acquired Undressing Women from historian Virginia Nicholson, exploring 100 years of women's lives in British history through fashion and beauty. Continue reading at The Bookseller

[ The Bookseller | 2020-05-04 00:00:02 UTC ]
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Bertrams confirms its future is under strategic review

The future of the Bertrams wholesaling business is at risk following the sale of its online bookshop The Wordery and the temporary closure of its book supply business as a result of the coronavirus lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-05-02 22:55:42 UTC ]
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Little Tiger acquires 'darkly comic' middle-grade series

Little Tiger Group will publish new middle-grade series by Rachel Delahaye, illustrated by George Ermos. Continue reading at The Bookseller

[ The Bookseller | 2020-05-01 11:07:51 UTC ]
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Coronavirus Update: The UK Scraps Its 20-Percent VAT on Digital Books

A rare benefit of COVID-19, the UK's government finally–and suddenly–has wiped out the market's punishing tax on digital publications. The post Coronavirus Update: The UK Scraps Its 20-Percent VAT on Digital Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-04-30 16:03:25 UTC ]
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Coronavirus Worklife: Amazon Publishing ‘At Home’ in Germany, the UK, and the States

'Our desk spaces are evolving their own personalities,' as the publishing house built by a tech and retail giant adapts to home-officing. The post Coronavirus Worklife: Amazon Publishing ‘At Home’ in Germany, the UK, and the States appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-04-30 01:41:14 UTC ]
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