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'


European and UK Publishers Welcome ‘eVAT Day’ for Ebooks’ Taxation

At both the national and European level, many are welcoming the arrival of the EU's amendment, allowing member markets to tax ebooks and other digital formats at the same rate as print. The post European and UK Publishers Welcome ‘eVAT Day’ for Ebooks’ Taxation appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post european #uk publishers #digital formats


Forget Zuckerberg – the tech giants don’t have to own the future | John Harris

Facebook, Google and Apple make the headlines, but there are many inspiring startups to dissipate the sense of techno-dreadA quarter of a century ago, the Canadian author Douglas Coupland published his third novel. Microserfs was the tale of a group of young Microsoft employees who decide to... Continue reading at The Guardian

[ The Guardian | 2018-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #central character


5 books Bill Gates says to read–and gift!–over the holidays

The 2018 holiday reading list from the philanthropist is here, covering everything from killer robots to meditation. If you want to make sense of the world, you need to learn more about it. That’s the prevailing theme behind every single one of billionaire philanthropist Bill Gates’s biannual... Continue reading at Fast Company

[ Fast Company | 2018-12-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make sense #holiday season


Hachette 'actively looking' to open more offices outside of London, PRH UK 'considering'

Hachette UK has revealed it is "actively looking" to open more offices outside of London, and PRH UK has said it is "considering" regional offices, following a discussion on the importance of regional diversity and what more can be done to promote it in publishing. Continue reading at The Bookseller

[ The Bookseller | 2018-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette uk #prh uk #regional diversity


The UK’s 2018 ‘Building Inclusivity’ Conference: A Safe Place for Discussion

The 2018 'Building Inclusivity in Publishing' conference from London Book Fair and the UK's Publishers Association was a half-day program. The post The UK’s 2018 ‘Building Inclusivity’ Conference: A Safe Place for Discussion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #discussion appeared #safe place #building inclusivity #publishers association


Industry Notes: Norway’s ‘Bookstore Award,’ the UK’s SpecSavers Winners

The winner of  Norway's 2018 'Bookstore Award,' chosen by booksellers, is a novel based on the country's World War II-era past. And in the UK, SpecSavers names a dozen prize winners. The post Industry Notes: Norway’s ‘Bookstore Award,’ the UK’s SpecSavers Winners appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore award


Gollancz acquires new Aaronovitch novella set in Germany

Orion's SFF imprint Gollancz has acquired a new Ben Aaronovitch novella, The October Man, which extends the Rivers of London universe to Germany. Continue reading at The Bookseller

[ The Bookseller | 2018-11-27 00:00:00 UTC ]
More news stories like this |


The UK’s Costa Book Awards Shortlists: Half Debuts, £35,000 in Prize Money

The Costa Book Awards for 2018 drew a record 641 entries across the program's five categories. In January, the five category winners will be announced, followed  by the overall winner's ceremony. The post The UK’s Costa Book Awards Shortlists: Half Debuts, £35,000 in Prize Money appeared first... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prize money #category winners


Game developer Rebellion is opening its own UK film and TV studio

The UK game developer behind Sniper Elite is opening its own film studio where it plans to shoot a Judge Dredd TV series and Rogue Trooper film. Rebellion, which also created the PSVR tank shooter Battlezone, nabbed the rights to the comic books afte... Continue reading at Engadget

[ Engadget | 2018-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tv studio #film studio


Mitchell Beazley acquires recipes from Siberia

Mitchell Beazley has acquired the first book of chef and entrepreneur Alissa Timoshkina, Salt & Time: Recipes from a modern Russian kitchen. Continue reading at The Bookseller

[ The Bookseller | 2018-11-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mitchell beazley


S&S UK's Books and the City sponsors RNA Comedy Award

One of the Romantic Novelists’ Association Awards will next year be sponsored by Simon & Schuster UK's women’s fiction community, Books and the City. Continue reading at The Bookseller

[ The Bookseller | 2018-11-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ss uk


Reading the future

Can virtual reading define a new type of book format? Recent studies suggest the future of reading is by no means set in stone.   Continue reading at The Bookseller

[ The Bookseller | 2018-11-23 00:00:00 UTC ]
More news stories like this |


Scottish Book Trust to donate half a million books to primary schools

Scottish Book Trust will give away half a million books to pupils in Primary 1-3 as part of Book Week Scotland, which is taking place this week. Continue reading at The Bookseller

[ The Bookseller | 2018-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million books #primary schools #taking place


'Fantastic Beasts' enchants the box office with $62-million opening

Warner Bros.' "Fantastic Beasts: The Crimes of Grindelwald" met expectations in winning the box office this weekend, opening in first place with $62.2 million, according to figures from measurement firm Comscore. The "Harry Potter" prequel, a follow-up to 2016's "Fantastic Beasts and Where to... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-11-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fantastic beasts #box office #warner bros #harry potter


‘Trainspotting’ at 25: Cape’s Robin Robertson on Acquiring the Book

The winner of the 2018 Goldsmiths Prize for 'The Long Take,' Robin Robertson talks about acquiring world rights to 'Trainspotting' for Secker in 1992. The post ‘Trainspotting’ at 25: Cape’s Robin Robertson on Acquiring the Book appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book appeared


New research highlights UK academic publishing’s ‘integral role’ in innovation

New research has highlighted the “integral role” UK academic publishing plays in facilitating innovation.  Continue reading at The Bookseller

[ The Bookseller | 2018-11-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #integral role


£80m research investment promises to boost UK’s creative industries

£80m has been invested to develop nine new creative hubs across the UK, in Bristol, Leeds, London, York, Cardiff, Belfast, Dundee and Edinburgh, in a programme involving brands such as Audible. Continue reading at The Bookseller

[ The Bookseller | 2018-11-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative industries


‘People, not tech’: Trade’s digital leaders optimistic for future

Voice and artificial intelligence are the most likely candidates to further disrupt the book business, according to the results of a survey of the book trade's most innovative, the FutureBook 40, conducted ahead of FutureBook Live, The Bookseller's publishing conference taking place on 30th... Continue reading at The Bookseller

[ The Bookseller | 2018-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book trade #futurebook live #artificial intelligence #book business #30th november


Roxane Gay to make first visit to the UK next month

Roxane Gay is appearing in conversation with Liv Little, the founder of gal-dem, for her very first visit to the UK.  Continue reading at The Bookseller

[ The Bookseller | 2018-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #roxane gay


Meredith to sell Fortune brand for $150 million

Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash Continue reading at ABC News

[ ABC News | 2018-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$150 million