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

Other Publishing stories related to: 'UK-Based Future Acquires Purch for $132.5 Million'


Dispatches from the Future of a New China

TRANSLATED BY KEN LIU, Broken Stars is a welcome second collection of 16 Chinese speculative fiction short stories and three short essays recounting the genre’s recent cultural and academic prominence. The volume gives voice to an eclectic group, serving as a who’s who of SF authors, critics,... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2019-07-20 19:00:31 UTC ]
More news stories like this | News stories tagged with: #china appeared #post dispatches #ken liu #short stories


Dublin-based independent Lilliput Press celebrates 35 years of success

Lilliput Press founder Antony Farrell has launched a commemorative social media campaign to mark 35 years in business, and discusses his plans for the future of the publisher.   Continue reading at The Bookseller

[ The Bookseller | 2019-07-19 07:42:14 UTC ]
More news stories like this |


Mira Jacob Recommends 5 Inspiring Books That Aren’t By Men

It doesn’t feel like an exaggeration to say that Mira Jacob’s latest book Good Talk is a blueprint for a kinder world. In this graphic memoir, Jacob details a lifetime of difficult conversations—about politics, about race, about love and relationships. Seeing her handle these tricky talks,... Continue reading at Electric Literature

[ Electric Literature | 2019-07-18 11:00:20 UTC ]
More news stories like this | News stories tagged with: #mira jacob #kinder world #graphic memoir #electric literature


F+W Media's UK books business sold in management buyout

F&W Media International is acquiring the UK books business of parent firm F+W Media Inc in a management buyout, forming a new company called David and Charles. Continue reading at The Bookseller

[ The Bookseller | 2019-07-18 01:11:47 UTC ]
More news stories like this | News stories tagged with: #management buyout


HuffPost UK falls in line with 'premium' Verizon Media strategy after axing blogs

News publisher has departed from beginnings as a 'blogging-for-all' platform under Arianna Huffington. Continue reading at Media Week

[ Media Week | 2019-07-17 08:32:08 UTC ]
More news stories like this | News stories tagged with: #arianna huffington #news publisher


Nielsen Book and Rakuten OverDrive Named Supporters of the UK’s Libraries Week

Both the United States-based Rakuten OverDrive and the UK-based Nielsen Book are named today as new partners for CILIP in Libraries Week 2019. The post Nielsen Book and Rakuten OverDrive Named Supporters of the UK’s Libraries Week appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-17 08:10:12 UTC ]
More news stories like this | News stories tagged with: #libraries week #nielsen book #libraries


12 Novels about Historical Women to Inspire a Better Future

The Spanish philosopher and poet George Santayana once said, “Those who cannot remember the past are condemned to repeat it.” As a genre, historical fiction allows us to shuttle back in time to stand in the shoes, clogs, chopines, and go-go boots of people—real and imagined—to consider the... Continue reading at Electric Literature

[ Electric Literature | 2019-07-15 11:00:13 UTC ]
More news stories like this | News stories tagged with: #future appeared #electric literature #novelists #historical fiction


Crazy about books? These 5 L.A. book events offer inspiring stories from Los Angeles and beyond

As we descend into the hazy thick of summer, this week’s book events remind us that one day in a life has the power to change everything. Indeed, it’s all that ever changes anything. In the memoir corner, we have a traumatic encounter at the train station, a knock on the door of a rundown... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-07-12 14:20:00 UTC ]
More news stories like this | News stories tagged with: #train station #memoir


Can Sci-Fi Writers Prepare Us for an Uncertain Future?

Businesses and public policy makers are tapping novelists to imagine the path forward. But how much stock should we put in the predictions of storytellers? Continue reading at Wired

[ Wired | 2019-07-12 13:00:00 UTC ]
More news stories like this | News stories tagged with: #uncertain future #path forward #novelists


Industry Notes: International Distribution Forum at Frankfurt; UK’s Emerald ‘Insight’

The 2019 International Publishing Distribution Forum will be at Frankfurter Buchmesse, and in the UK, Emerald launches its redesigned platform. The post Industry Notes: International Distribution Forum at Frankfurt; UK’s Emerald ‘Insight’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-12 05:10:21 UTC ]
More news stories like this | News stories tagged with: #frankfurter buchmesse #international publishing


See-Saw Films acquires screen rights to Oseman’s Heartstopper

Production company See-Saw Films has optioned the screen rights to Alice Oseman’s Heartstopper series of YA graphic novels. Continue reading at The Bookseller

[ The Bookseller | 2019-07-11 11:08:58 UTC ]
More news stories like this | News stories tagged with: #alice oseman #screen rights


Why Luxury Titles Are Poised to Survive the Next 5 Years

Like all of us who retain an old-fashioned, romantic affection for print magazines, I sometimes find myself wondering which ones will still be around in five years. It’s sort of a mental game I play—"Survivor: Mag Edition." Many of my favorite books will be gone, no doubt—lost to handheld... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-11 04:00:47 UTC ]
More news stories like this | News stories tagged with: #viable alternative #architectural digest #bn store #severe lack #pay $18


Audrain’s debut thriller nets £1m in UK deal

Former Penguin Books publicity director Ashley Audrain’s debut thriller, The Push, has been snapped up in a string of record-breaking deals around the world. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 14:00:48 UTC ]
More news stories like this | News stories tagged with: #uk deal #debut thriller


PRH acquires novelisation of Netflix film The Prom

Penguin Random House has acquired the UK and Commonwealth rights to the novelisation of ‘The Prom’, a musical and film that launches on Netflix next year, written by Saundra Mitchell. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 10:57:52 UTC ]
More news stories like this | News stories tagged with: #netflix film #penguin random house


British Library acquires Granta magazine archive

The British Library has acquired the 40-year archive of Granta magazine featuring letters and papers from authors including Margaret Atwood, JG Ballard, Angela Carter and Kazuo Ishiguro. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 06:16:31 UTC ]
More news stories like this | News stories tagged with: #british library #jg ballard #angela carter #kazuo ishiguro


After 4,000 miles and 5,000 book giveaways, Poetry to the People is back home.

On June 28, the Poetry to the People tour wrapped up its 4,000 mile round-trip journey from Brooklyn to New Orleans and back. It was exhausting and exhilarating. There’s nothing like putting a free book into the hands of someone who will obviously love it. The enthusiasm for story was palpable... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-08 14:50:37 UTC ]
More news stories like this | News stories tagged with: #back home #free book


Tochi Onyebuchi Recommends African Visions of the Future by Women and Nonbinary Authors

Tochi Onyebuchi’s young adult books, the duology Beasts Made of Night and Crown of Thunder, are fantasy novels with a Nigeria-influenced setting. His upcoming War Girls is set in a post-nuclear, post-climate change Nigeria of 2172. Riot Baby, his first novel for adults (also forthcoming), is a... Continue reading at Electric Literature

[ Electric Literature | 2019-07-04 11:00:10 UTC ]
More news stories like this | News stories tagged with: #nonbinary authors #fantasy novels #american racism #electric literature #first novel


S&S UK buys nine titles in Shannon Messenger series

Simon & Schuster (S&S) Children’s UK has acquired the UK and Commonwealth rights to nine books in the Keeper of the Lost Cities series by Shannon Messenger. Continue reading at The Bookseller

[ The Bookseller | 2019-07-03 06:53:15 UTC ]
More news stories like this |