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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Kin Is Bringing 5 Lifestyle Shows to Facebook Watch

Lifestyle entertainment company Kin unveiled a slate of five shows for video destination Facebook Watch. The partnership is part of the social network's efforts to pair publishers with creators and public figures. The first five shows are currently in production: Tia Mowry's Quick Fix Presents... Continue reading at AdWeek

[ AdWeek | 2019-10-30 18:10:00 UTC ]
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Elena Ferrante’s first novel in 5 years has an English-language pub date.

According to the Bookseller, Elena Ferrante’s first novel in five years will be published in English in June 2020 by Europa Editions. The Lying Life of Adults (great title? or greatest title?) is out in Italian this coming November 7, and the English version will, of course, appear in a... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-28 12:11:35 UTC ]
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This Mexico City Artist Created an Instagram-Based Library

A curious account popped up in my Instagram feed this past August that put my ideas about the limits of lending libraries to the test. The account, @tlacuilobiblioteca, which advertises itself as a public lending library, announced a slate of obscure titles in Spanish and English up for grabs in... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-28 08:47:50 UTC ]
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Sci-Fi Authors Charlie Jane Anders and Madeline Ashby on Imagining the Future

Two authors from the recent Future Tense Fiction anthology discuss how they approach their craft. Continue reading at Slate

[ Slate | 2019-10-25 11:30:07 UTC ]
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The UK’s Comedy Women in Print Prize Adds Graphic Novel Category

Funny women who write, Helen Lederer decided, needed award recognition. So she started a prize program, Comedy Women in Print. This is its second year. The post The UK’s Comedy Women in Print Prize Adds Graphic Novel Category appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-25 05:45:30 UTC ]
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Tattooist of Auschwitz hits million copy milestone

Print sales of The Tattooist of Auschwitz by Heather Morris have surpassed the one million mark in the UK, nearly two years after publication.  Continue reading at The Bookseller

[ The Bookseller | 2019-10-23 19:47:14 UTC ]
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Interactive storybook app Pickatale launches in UK

Pickatale, a mobile audiobook and storybook app for children aged 0–12, has launched in the UK. Continue reading at The Bookseller

[ The Bookseller | 2019-10-23 08:27:37 UTC ]
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Media experts on the future of publishing: Hear from Condé Nast, Hearst, Meredith, NYT, Vox, WSJ and more

For publishers, this is a time of radical reinvention marked by a breakneck pace of innovation. To make sense of the changing landscape for both digital-native and traditional publishers, Ad Age is convening a high-level gathering of some of the best minds in the business. At Ad Age Publishing:... Continue reading at Advertising Age

[ Advertising Age | 2019-10-22 14:50:00 UTC ]
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The biggest barrier to future space exploration is in our heads

With enough time, the technological challenges of sending humans to Mars and beyond are solvable. But psychologically, we’re not ready to leave our home. In 1945 British science fiction writer Arthur C. Clarke—now best known for 2001: A Space Odyssey—correctly predicted the invention of... Continue reading at Fast Company

[ Fast Company | 2019-10-22 00:00:30 UTC ]
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Scribner UK pre-empts 'breakout' Paul Yoon novel

Scribner UK has pre-empted a Laos-set novel by US writer Paul Yoon, which follows three orphans in one of the "darkest, but relatively little known, episodes in 20th century history". Continue reading at The Bookseller

[ The Bookseller | 2019-10-20 17:30:09 UTC ]
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Media experts on the future of publishing: Hear from Condé Nast, Essence, NYT, Vox, WSJ and more

For publishers, this is a time of radical reinvention marked by a breakneck pace of innovation. To make sense of the changing landscape for both digital-native and traditional publishers, Ad Age is convening a high-level gathering of some of the best minds in the business. At Ad Age Publishing:... Continue reading at Advertising Age

[ Advertising Age | 2019-10-18 16:17:19 UTC ]
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Astier-Pécher Literary Agency Acquires Rights to Moroccan Author Mohamed Leftah’s Estate

French literary agency Astier-Péche announces in Frankfurt their representation of Mohamed Leftah's estate and sold English rights to Other Press. The post Astier-Pécher Literary Agency Acquires Rights to Moroccan Author Mohamed Leftah’s Estate appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-17 07:15:12 UTC ]
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Frankfurt Book Fair 2019: Markus Dohle Is Sold on the Future of the Book

In a reception at Penguin Random House's stand at the Frankfurt Book Fair, global CEO Markus Dohle again expressed his confidence in the future for both his company and the book industry in general. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-17 04:00:00 UTC ]
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WH Smith to buy second US travel retailer; High Street book sales fall 5%

WH Smith has announced it is to buy US indie travel retailer Marshall Retail Group (MRG) for $400m. Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 21:24:24 UTC ]
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Oneworld acquires inside story of musical family the Kanneh-Masons

Oneworld has acquired the memoir of the woman who raised seven extraordinarily talented musical children, the Kanneh-Masons, exploring parenting, music education and the boundless potential of all children. Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 16:07:07 UTC ]
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Eurospan acquires Transatlantic Publishers Group

Eurospan has acquired academic and educational sales agency Transatlantic Publishers Group for an undisclosed sum.  Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 14:49:34 UTC ]
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Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TECD) with an offer to acquire the company for... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
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Mundy sets up UK outpost of ACM US

Toby Mundy is to head up the new British arm of the US-based Aevitas Creative Management (ACM), with industry veterans Trevor Dolby and Natalie Jerome among the agents joining him. Continue reading at The Bookseller

[ The Bookseller | 2019-10-15 19:42:59 UTC ]
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Pocket Shop exits UK as last two shops close

Bonnier-owned retail chain Pocket Shop's stores in Hammersmith and Birmingham Airport have closed, with Waterstones taking over the lease for the Liverpool Street station branch. Continue reading at The Bookseller

[ The Bookseller | 2019-10-15 03:48:37 UTC ]
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HCG acquires fairy tale picture book from Sardà, Dahman and Digard

Hachette Children's Group has acquired the first collaboration on a picture book between France-based author team Myriam Dahman and Nicolas Digard and Kate Greenaway Medal longlisted illustrator Júlia Sardà: The Wolf’s Secret. Continue reading at The Bookseller

[ The Bookseller | 2019-10-15 02:56:28 UTC ]
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