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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Meet Federico Andornino, Editorial Director at Orion Books, he's under the spotlight this week for My Job in 5. Continue reading at The Bookseller
[ The Bookseller | 2020-04-16 13:02:33 UTC ]
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The magazine group has been publishing more positive, feel-good content based on audience research. The post ‘Practical, life-affirming, positive’: How Hearst UK is creating more uplifting content appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-04-16 04:00:00 UTC ]
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Peter Phillips is the CEO of Cambridge University Press and he's under our spotlight for this week's My Job in 5. Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 23:05:38 UTC ]
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Becca Harper-Day is a Digital and Social Marketing Manager and lets us in on how she drives crowdfunding for Unbound Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 19:31:48 UTC ]
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Scholastic UK has acquired three books in the Skunk and Badger series by author Amy Timberlake and illustrator Jon Klassen. Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 09:03:03 UTC ]
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Hachette UK has set up a new website to offer NHS workers across the country free e-books to thank them for their dedication during the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2020-04-14 14:51:17 UTC ]
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William Heinemann will publish Less is More: How Degrowth Will Save the World by Jason Hickel. Continue reading at The Bookseller
[ The Bookseller | 2020-04-14 09:09:19 UTC ]
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Publisher HarperCollins has confirmed that it is placing a number of staff on furlough, both in its distribution centre and across the broader company. Continue reading at The Bookseller
[ The Bookseller | 2020-04-09 10:15:57 UTC ]
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Faber has acquired nature writer and novelist Melissa Harrison's latest book, The Stubborn Light of Things. Continue reading at The Bookseller
[ The Bookseller | 2020-04-09 06:16:34 UTC ]
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Two promotions are to take effect at Scribe UK as editor-at-large Philip Gwyn Jones steps down next month to take up the role of Picador publisher. Sarah Braybrooke is set to become publisher and managing director, while Molly Slight will be editorial director. Continue reading at The Bookseller
[ The Bookseller | 2020-04-09 05:27:30 UTC ]
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The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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Bloomsbury Sigma has acquired Anna Ploszajski’s debut book Handmade: A Scientist’s Search for Meaning through Making. Continue reading at The Bookseller
[ The Bookseller | 2020-04-09 01:54:20 UTC ]
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The Printing Charity's Print Futures Awards 2020 is open for entries, offering people aged 18 to 30 working in UK print-related organisations the opportunity to apply for grants of up to £1,500. Continue reading at The Bookseller
[ The Bookseller | 2020-04-08 22:09:38 UTC ]
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New and forthcoming titles are offering parents advice on how to find peace, calm, and connection in a time of uncertainty. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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Penguin Random House UK is the latest U.K. publisher to take cost out of the business in the face of the Covid-19 pandemic. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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HQ, and imprint of HarperCollins, will publish the first adult non-fiction book by space journalist and TV presenter Sarah Cruddas. Continue reading at The Bookseller
[ The Bookseller | 2020-04-07 19:08:41 UTC ]
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Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 23:18:38 UTC ]
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Exclusive data from Blackwell’s, Waterstones and Bookstat reveal that, with most UK readers housebound, educational titles, escapist fiction and soothing self-help is much in demand Continue reading at The Bookseller
[ The Bookseller | 2020-04-03 16:08:12 UTC ]
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The Reading Agency has confirmed the UK's World Book Night celebrations will go ahead on 23rd April, but will be modified due to Covid-19. Continue reading at The Bookseller
[ The Bookseller | 2020-04-02 06:54:47 UTC ]
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Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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