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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The UK’s Publishers Association Schedules an ‘Urgent’ Brexit Forum

Set at London's Barbican Centre on October 10, the UK Publishers Association's Brexit Forum is will offer discussions on key Brexit challenges and legal advice for book publishers. The post The UK’s Publishers Association Schedules an ‘Urgent’ Brexit Forum appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-09-30 12:30:51 UTC ]
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1517 Media Acquires Luther University Press

The Christian multimedia company 1517 Media whose imprints include Beaming Books, Fortress Press, and Augsburg Books, has acquired Lutheran University Press, Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-30 04:00:00 UTC ]
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Legal Action Group to publish children’s book based on life of Lady Hale

Legal Action Group will publish a children's book based on the life of Supreme Court president Lady Hale next month.  Continue reading at The Bookseller

[ The Bookseller | 2019-09-25 19:10:02 UTC ]
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Acer Aspire 5 (A515-43-R19L) review: A budget AMD Ryzen 3 workhorse with middling battery life

If this particular model of the Acer Aspire 5 looks familiar, it's probably because it's been sitting atop Amazon’s laptop bestseller list for months. It’s easy to understand why. With a list price of $350 but usually selling for closer to $310, this AMD Ryzen 3-powered Aspire 5 packs some... Continue reading at PC World

[ PC World | 2019-09-25 10:00:00 UTC ]
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PWedu’s Christian Publishing Summit: Lessons From a Faith-Based Publicist

PW’s online immersion course is gathering pioneering industry leaders including editors, authors, and social media strategists for a multi-week guest speaker program from Oct. 30 to Nov. 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-25 04:00:00 UTC ]
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PWedu’s Christian Publishing Summit: Lessons From a Faith-Based Publicist

PW’s online immersion course is gathering pioneering industry leaders including editors, authors, and social media strategists for a multi-week guest speaker program from Oct. 30 to Nov. 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-25 04:00:00 UTC ]
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PWedu’s Christian Publishing Summit: Lessons From a Faith-Based Publicist

PW’s online immersion course is gathering pioneering industry leaders including editors, authors, and social media strategists for a multi-week guest speaker program from Oct. 30 to Nov. 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-25 04:00:00 UTC ]
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S&S UK Children's signs three-book deal with animator Steve Small

Simon & Schuster Children’s UK has signed a series of picture books written and illustrated by animator Steve Small. Continue reading at The Bookseller

[ The Bookseller | 2019-09-24 23:19:42 UTC ]
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National Book Foundation Names 5 Under 35 Authors for 2019

The National Book Foundation named its "5 Under 35" honorees for 2019. The post National Book Foundation Names 5 Under 35 Authors for 2019 appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-09-24 00:27:08 UTC ]
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Here are the National Book Foundation’s 5 Under 35 honorees.

This morning, the National Book Foundation announced its annual 5 Under 35 honorees: a list of writers under the age of 35 “whose debut work promises to leave a lasting impression on the literary landscape,” each one selected by a writer previously honored in some capacity by the National Book... Continue reading at Literrary Hub

[ Literrary Hub | 2019-09-23 14:53:26 UTC ]
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Industry Notes: Bologna Tours Rodari Show; Denmark’s UNSILO Signs UK’s Cambridge

The Bologna Children's Book Fair is mounting a new touring exhibition of illustrations, and Danish AI specialists at UNSILO sign Cambridge University Press. The post Industry Notes: Bologna Tours Rodari Show; Denmark’s UNSILO Signs UK’s Cambridge appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-09-23 06:30:06 UTC ]
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5 Fantastic Speculative Fiction Titles for Fall

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[ Book Riot | 2019-09-17 10:40:28 UTC ]
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5 Great YA Science Fiction Series

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[ Book Riot | 2019-09-17 10:31:05 UTC ]
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Poland Approves Reduction of Ebook VAT from 23 to 5 Percent

Warsaw's cut in VAT rates on digital books takes effect November 1, a long-called-for equalization in taxation on print and ebooks, now allowed by Brussels. The post Poland Approves Reduction of Ebook VAT from 23 to 5 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-09-17 05:30:49 UTC ]
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Chicago Review Press Acquires Amberjack Publishing

In a deal that closed September 13, Chicago Review Press acquired Amberjack Publishing. Based in Eagle, Idaho, Amberjack has a backlist of 63 titles, including 'Girl Boner' (2017). Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-16 04:00:00 UTC ]
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Fitzcarraldo Editions acquires 'radical' Hattrick debut

Fitzcarraldo Editions has acquired the debut book by Alice Hattrick, combining memoir, medical history and biography to uncover untold case histories of medically unexplained and invisible illness. Continue reading at The Bookseller

[ The Bookseller | 2019-09-15 13:30:42 UTC ]
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5 Historical Fiction Books to Read If You Don’t Like Historical Fiction

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[ Book Riot | 2019-09-14 10:33:10 UTC ]
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[ Publishers Weekly | 2019-09-13 04:00:00 UTC ]
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Lt. Gov. Justin Fairfax of Virginia Sues CBS for Defamation, Seeking $400 Million

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[ The New York Times | 2019-09-12 20:59:59 UTC ]
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UK Kindle Storyteller Award shortlist revealed

Amazon has revealed the third annual UK Kindle Storyteller Award shortlist after receiving more entries than ever before.   Continue reading at The Bookseller

[ The Bookseller | 2019-09-12 14:05:43 UTC ]
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