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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Bologna Book Fair 2019 Attendance Exceeds Last Year’s by 5 Percent

Bologna Children's Book Fair announces a record year in attendance and news coverage, while naming Sharjah as its 2020 Guest of Honor. The post Bologna Book Fair 2019 Attendance Exceeds Last Year’s by 5 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-04-05 00:00:00 UTC ]
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Little, Brown and Orion join Future Bookshelf

Little, Brown and Orion staff have joined Hachette’s Future Bookshelf scheme to help and discover unpublished authors from underrepresented backgrounds. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
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What Do Investors’ Actions Tell Us About Media’s Future?

Everybody has their own hot take on the media. The coldest eye likely comes from (or probably should come from) those who put their own money on the line. Publicly-traded media companies share a lot of mandatory financial information, but what drives the perspectives of those looking a bit... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-04 00:00:00 UTC ]
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Hundreds of millions of Facebook user records exposed on Amazon cloud servers

Facebook Inc. user data is still showing up in places it shouldn’t. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly on Amazon.com Inc.’s cloud computing servers. The discovery shows that a year after the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-03 20:45:00 UTC ]
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Mitchell Beazley acquires home decorating book by White Company

Mitchell Beazley has acquired the first home decorating book by Chrissie Rucker and her retail firm The White Company. Continue reading at The Bookseller

[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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Books International acquires Marston and Orca

US-based Books International has acquired UK distributors Marston and its subsidiary Orca Book Services.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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S&S UK Children's celebrates Hendra and Linnet's 10-year publication success

Simon & Schuster UK Children’s is celebrating 10 years of Sue Hendra and Paul Linnet’s professional partnership with an anniversary edition of Barry the Fish with Fingers and a board book. Continue reading at The Bookseller

[ The Bookseller | 2019-04-02 00:00:00 UTC ]
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S&S UK snaps up Billy Billingham memoir

Simon & Schuster UK has won a “heated" six-publisher auction to publish SAS expert Billy Billingham’s memoir The Hard Way: Adapt, Survive and Win for "a significant" six-figure sum. Continue reading at The Bookseller

[ The Bookseller | 2019-04-02 00:00:00 UTC ]
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5 Writing Tips: Mark Bowden

Mark Bowden, author of 13 books, including "Black Hawk Down" and the riveting new true crime book "The Last Stone," shares some writing tips, including "scenes are gold." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-29 00:00:00 UTC ]
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Rowman & Littlefield Acquires Finney Co. Book Imprints

Independent book publisher Rowman & Littlefield has acquired the publishing imprints of Finney Company, a 73 year-old publishing house based just outside Minneapolis, Minn. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-28 00:00:00 UTC ]
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Feminist Library crowdfunder just £5,000 short with days left

The Feminist Library is only £5,000 short of its crowdfunding target for its move to Peckham with just days left to go. Continue reading at The Bookseller

[ The Bookseller | 2019-03-27 00:00:00 UTC ]
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5 Of The Most Empowering Books From Reese’s Book Club

It’s safe to say Reese Witherspoon knows a thing or two about strong female characters. Over the past two decades, the actress Continue reading at The Huffington Post

[ The Huffington Post | 2019-03-26 13:00:21 UTC ]
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Michelle Obama's memoir Becoming sells 10 million copies

The memoir, published in November, could be the world's most popular autobiography, its publisher claims. Continue reading at BBC News

[ BBC News | 2019-03-26 00:00:00 UTC ]
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Michelle Obama’s book has sold almost 10 million copies, a historic high for memoirs

Michelle Obama's publisher said that her book "Becoming" has sold almost 10 million copies and could be the most successful memoir in history, Bloomberg reported Tuesday. The success of the former first lady's book helped German media company Bertelsmann SE, which owns American mega-publisher... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-26 00:00:00 UTC ]
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MCB acquires magical MG by Hilary McKay

Hilary McKay’s next book for Macmillan Children’s Books (MCB) will be a contemporary fiction novel about two single parents who bring their children together in a mysterious, ivy-covered house. Continue reading at The Bookseller

[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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John Murray acquires endangered poetry anthology

John Murray Press has acquired an anthology of 50 poems written in endangered languages, accompanied by translations and commentaries. Continue reading at The Bookseller

[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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Facebook left ‘hundreds of millions’ of users’ passwords stored in plain text

Facebook Inc. said Thursday that it had left “hundreds of millions” of users’ passwords exposed in plain text, potentially visible to the company’s employees, marking another major privacy and security headache for a tech giant already under fire for mishandling people’s personal... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-21 20:35:00 UTC ]
More news stories like this | News stories tagged with: #passwords stored #plain text #left hundreds #passwords exposed #potentially visible #major privacy #security headache #tech giant #mishandling people #personal information


Facebook left ‘hundreds of millions’ of users’ passwords stored in plain text

Facebook Inc. said Thursday that it had left “hundreds of millions” of users’ passwords exposed in plain text, potentially visible to the company’s employees, marking another major privacy and security headache for a tech giant already under fire for mishandling people’s personal... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-21 20:35:00 UTC ]
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Peloton hit with $150 million lawsuit for music infringement

Peloton made a name for itself as a fitness bike purveyor, where consumers could stream their favorite musical artists while cycling in the comfort of their own homes. Now, that reputation is under threat from a copyright lawsuit that accuses the seven-year-old brand of stealing music.On... Continue reading at Advertising Age

[ Advertising Age | 2019-03-21 00:00:00 UTC ]
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