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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What to do in L.A.: 5 book events that will transport you

This week's picks for L.A. book lovers, from the Leimert Park Book Fair to a celebration of strip malls Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-08-23 16:50:10 UTC ]
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Using Facts As the Base of Science Fiction

Miracle Man and The Austin Paradox author William R. Leibowitz tells how to base science fiction on fact so that stories seem plausible—without boring the reader. The post Using Facts As the Base of Science Fiction by William R. Leibowitz appeared first on Writer's Digest. Continue reading at Writer's Digest

[ Writer's Digest | 2019-08-23 14:00:14 UTC ]
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David Lynch’s 5 favorite books include these surprising beach reads!

lol. jk. My dude has never been to the beach. Dave’s actual Top 5 list (according to Far Out magazine) is, of course, a throughly Lynchian quintet of unheimlich surrealism, existentialist historical fiction, disturbing found photography, hundred-year-old art criticism, and auteur biography. Each... Continue reading at Literrary Hub

[ Literrary Hub | 2019-08-22 16:15:22 UTC ]
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'Blacksad' is a promising detective game based on a cult comic

Blacksad is a long-running graphic novel series that covers some heavy topics through a noir detective window. Set in the 1950s, it follows hardboiled detective John Blacksad, with each book focusing on a new case. It's one of my favorite series, but... Continue reading at Engadget

[ Engadget | 2019-08-22 12:00:00 UTC ]
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Netflix co-founder Marc Randolph to visit UK to mark book launch

Marc Randolph, co-founder and first c.e.o. of Netflix, will arrive in London next month to mark the publication of his book telling the inside story of the business. Continue reading at The Bookseller

[ The Bookseller | 2019-08-21 21:01:15 UTC ]
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Susan Hill's The Small Hand to become Channel 5 drama

Awesome Media & Entertainment and Two Rivers Media, have teamed up to adapt Susan Hill’s The Small Hand: A Ghost Story (Profile), about an antique book dealer, for Channel 5 in the first adaptation of a book by the author for seven years. Continue reading at The Bookseller

[ The Bookseller | 2019-08-21 14:39:05 UTC ]
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Yellow Bird UK options rights to Spotify Untold

The non-fiction investigation billed as the "Spotify story", Spotify Untold (Albert Bonniers Förlag), will be turned into a TV show. Continue reading at The Bookseller

[ The Bookseller | 2019-08-21 05:54:55 UTC ]
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Growing kids’ market appeals to UK firms in Beijing as fair launches dedicated strand

Publishers and agents say they are expecting a positive Beijing International Book Fair, reflecting the growing Chinese market. Continue reading at The Bookseller

[ The Bookseller | 2019-08-20 19:02:53 UTC ]
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Lonely Planet turnover dips 5% as profit soars

Turnover for travel publisher Lonely Planet fell by 5% in 2018, while profit before tax increased by 111% on the previous year in a "solid" performance for the company.  Continue reading at The Bookseller

[ The Bookseller | 2019-08-16 15:47:40 UTC ]
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Quiz: Which Owl From Harry Potter Are You Based On Your Reading Habits?

I was about 21, riding a scooter on my way home from work, when I noticed a shadow over my ... Continue reading at Book Riot

[ Book Riot | 2019-08-16 10:35:41 UTC ]
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Industry Notes: UK Postcode Lottery Helps Book Aid; F+W Fine Arts Sold to Peak Media

Lottery funds in the UK have generated more than £1.85 million for Book Aid International, and F+W Media's assets in arts and crafts go to Peak Media. The post Industry Notes: UK Postcode Lottery Helps Book Aid; F+W Fine Arts Sold to Peak Media appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-15 05:30:02 UTC ]
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BA and retailers demand business rate reform to save UK high street

The Booksellers Association has joined forces with more than 50 UK retailers to demand changes to the business rates system in a bid to save the high street.  Continue reading at The Bookseller

[ The Bookseller | 2019-08-12 17:07:43 UTC ]
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UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign

With Brexit looming larger as the UK's new government takes charge, the publishing industry steps up its drive to drop the VAT on digital reading. The post UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-12 05:30:59 UTC ]
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McDermid unveils her pick of the top 10 LGBTQI+ writers in UK

Val McDermid has revealed her choice for the 10 most compelling LGBTQI+ writers working in the UK today, with a list including Fiona Mozley and Kirsty Logan. Continue reading at The Bookseller

[ The Bookseller | 2019-08-10 10:59:42 UTC ]
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Industry Notes: Europa Buys ‘Shadowplay’ US rights; S&S UK Hires Back Clare Hey

An Atlantic crossing for Joseph O'Connor's 'Shadowplay' from Europa Editions, and a boomerang career move for publishing director Clare Hey in London. The post Industry Notes: Europa Buys ‘Shadowplay’ US rights; S&S UK Hires Back Clare Hey appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-09 01:30:08 UTC ]
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NAPCO Media Acquired by Printing Industry Trade Association

The Specialty Graphic Imaging Association (SGIA), a printing industry trade group, announced this week that it has acquired NAPCO Media—the Philadelphia-based B2B publisher of Book Business, Printing Impressions and Publishing Executive, among a handful of other titles—for an undisclosed... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-08 18:53:40 UTC ]
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Magic in the Mundane: The Millions Interviews Kimberly King Parsons

A good, long talk with the ‘Black Light’ debut author about bodies, secrets, the patriarchy, escaping it, revision, Amy Hempel, and more. The post Magic in the Mundane: The Millions Interviews Kimberly King Parsons appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-08-08 16:00:50 UTC ]
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Penguin Random House Children’s Books to Publish Wattpad Books in UK

The latest stage in Wattpad's rapid expansion, its own new line of books is to be published in the UK market by Penguin Random House UK. The post Penguin Random House Children’s Books to Publish Wattpad Books in UK appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-08 09:05:12 UTC ]
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PRH to publish Wattpad Books in the UK

Penguin Random House is to publish Wattpad Books’ launch list in the UK this autumn. Continue reading at The Bookseller

[ The Bookseller | 2019-08-07 14:50:12 UTC ]
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Lee Child's Night School named UK's most borrowed library book

Night School by Lee Child (Bantam Press) was the most borrowed library book of 2017/18, according to new statistics. Continue reading at The Bookseller

[ The Bookseller | 2019-08-07 09:43:10 UTC ]
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