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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Arrow will publish a "breathtaking" debut novel by Paula Greenlees, inspired by the three years she lived in Singapore. Continue reading at The Bookseller
[ The Bookseller | 2019-11-13 19:37:40 UTC ]
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Vintage hosted crime showcase in the atmospheric Crypt of St Martin-in-the-Fields in London featuring authors such as Ruth Ware, Abir Mukherjee and Denise Mina. Continue reading at The Bookseller
[ The Bookseller | 2019-11-13 09:27:58 UTC ]
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At Endeavor Business Media—the Nashville-based company founded by former SouthComm CEO Chris Ferrell just two years ago—2019 is ending the same way it began: with a significant, acquisition-fueled expansion. Nine months after doubling its portfolio by acquiring more than 20 former PennWell... Continue reading at Folio Magazine
[ Folio Magazine | 2019-11-11 18:34:39 UTC ]
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The long-predicted digital media consolidation has finally come to pass. More than 100 online publishing companies are on pace to be sold this year, highlighted by the recent purchases of Refinery29, PopSugar and New York Magazine. The impetus for the sudden deal velocity is the direct result of... Continue reading at AdWeek
[ AdWeek | 2019-11-11 16:49:21 UTC ]
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While reporting big attendance numbers, the Sharjah Book Fair this year is most memorable for events affirming its deepening world publishing relationships. The post Sharjah International Book Fair Draws a Record-Breaking 2.52 Million Visitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-11 08:13:34 UTC ]
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The dense, interconnected network charts decades of collaboration and research. Nature, the multidisciplinary scientific journal founded in London in 1869, celebrates its 150th anniversary this week. Known for its innovative approach to publishing original research across all sorts of scientific... Continue reading at Fast Company
[ Fast Company | 2019-11-11 08:00:45 UTC ]
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Just two months after the company's fiscal 2019 earnings report saw its share price tumble 23% in a single day, Meredith Corp. revealed a somewhat optimistic forecast for the company's print magazine business in its Q1 2020 report, covering the period from July 1 to September 30. On an earnings... Continue reading at Folio Magazine
[ Folio Magazine | 2019-11-07 19:16:37 UTC ]
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This past summer, I stumbled across a link on social media to Chris Marker’s 1962 science fiction film La Jetée. For those who don’t know it, Marker’s miniature masterpiece—its running time is 28 minutes—mixes black-and-white stills with narration to tell the story of a man who circles back in... Continue reading at Literrary Hub
[ Literrary Hub | 2019-11-07 09:49:34 UTC ]
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Tom Fickling finds himself the publisher of one of the UK’s most successul authors and a partner of the world’s largest trade book publisher. The post The UK’s Tom Fickling, a ‘Sudden’ Publisher of Philip Pullman appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-07 06:30:54 UTC ]
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Hachette UK has reported a "solid" third quarter, slightly down on last year due to slow sales in Education, as parent company Lagardère revealed a 4.1% revenue increase like-for-like. Continue reading at The Bookseller
[ The Bookseller | 2019-11-07 01:53:48 UTC ]
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Folio Literary Management has acquired the Emma Sweeney Literary Agency, effective January 2, 2020. The latter, founded in 2006, represented such authors as Sara Gruen and Edgar Cantero. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-06 05:00:00 UTC ]
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Kay Featherstone and Kate Allinson's Pinch of Nom (Bluebird) has sold one million copies to date, with last week's 7,067 copies sold pushing it into seven figures through Nielsen BookScan's TCM. Continue reading at The Bookseller
[ The Bookseller | 2019-11-05 13:55:45 UTC ]
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Two titles from Hachette imprints, one from Pan Macmillan and one from Penned in the Margins are shortlisted for this year's Young Writer of the Year Award. The post Four Debuts Shortlisted for UK’s Times/Warwick Young Writer Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-05 06:45:00 UTC ]
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Faced with growing numbers of customers migrating to the internet, German bookseller Hugendubel is pinning its hopes on a new store concept which it ambitiously calls the "bookshop of the future". Continue reading at The Bookseller
[ The Bookseller | 2019-11-05 01:04:10 UTC ]
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People from BME backgrounds working within the children’s literature sector have been frustrated by racism and microaggressions, unconscious bias, and inequality of access, according to a new report by Arts Council England. Continue reading at The Bookseller
[ The Bookseller | 2019-11-04 20:27:05 UTC ]
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Polly Whybrow is moving to Simon & Schuster Children’s UK from Bloomsbury to take up the role of senior commissioning editor for picture books. Continue reading at The Bookseller
[ The Bookseller | 2019-11-04 14:03:51 UTC ]
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Get involved in the Great School Libraries campaign to promote an essential service in UK schools. Continue reading at Book Riot
[ Book Riot | 2019-11-01 10:34:56 UTC ]
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Group publisher of HarperCollins Christian Publishing David Moberg reflected on the birth of faith-based publishing, the ways it’s changed and stayed the same, and what to expect in the future during PWedu’s Christian Publishing Summit on Wednesday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-01 04:00:00 UTC ]
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Several UK publishers have their eyes on the UK rights to novelist Patricia Highsmith’s extensive diaries, which will for the first time tell of the author’s “heart-break, difficult choices, hard-won professional triumphs and a furiously fast-paced social life”. Continue reading at The Bookseller
[ The Bookseller | 2019-10-31 19:04:45 UTC ]
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TV star joins delegation to the chancellor of the exchequer demanding an end to VAT on digital books, which traditional publications escapeChildren’s laureate Cressida Cowell and former Blue Peter presenter Konnie Huq have joined 90 MPs calling on the government to scrap the “reading tax” on... Continue reading at The Guardian
[ The Guardian | 2019-10-31 15:01:27 UTC ]
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