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
Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company’s efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2018-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fortune magazine
#thai businessman
#$150 million
#meredith corp
#related businesses
#news-focused brands
#buying time
Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company's efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer is Thai businessman Chatchaval Jiaravanon, an owner of the Charoen Pokphand Group conglomerate,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#thai businessman
#$150 million
#meredith corp
#related businesses
#news-focused brands
#buying time
Hachette UK’s revenues are down 6.7% in the third quarter of 2018, due to a lighter release schedule and decline in sales in its education segment, its parent company Lagardere has reported. Continue reading at The Bookseller
[ The Bookseller | 2018-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hachette uk
#education segment
Scott Boras waited for the moment for more than six years, from the time Bryce Harper made his major league debut at Dodger Stadium in April 2012, and came prepared to sell his superstar client to the mob of reporters surrounding him Wednesday afternoon at the general managers meetings. “Well,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#dodger stadium
#wednesday afternoon
Paul Davighi, formerly sales and marketing director at I.B.Tauris Publishers, is joining global digital lending platform Rakuten OverDrive to be its UK country manager. Continue reading at The Bookseller
[ The Bookseller | 2018-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#marketing director
Juliet Mabey, publisher at Oneworld, has bought a new novel by Irish writer Paul Lynch. Continue reading at The Bookseller
[ The Bookseller | 2018-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#oneworld acquires
#paul lynch
#juliet mabey
Transworld has acquired Tamsin Calidas’s I Am An Island, her account of 15 years living on a croft on a remote island in the Hebrides. Continue reading at The Bookseller
[ The Bookseller | 2018-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#transworld acquires
YA fantasy author Sarah J Maas will visit the UK this week to take part in events in London and Edinburgh. Continue reading at The Bookseller
[ The Bookseller | 2018-11-06 00:00:00 UTC ]
More news stories like this |
Newspaper publishers know they have to experiment to keep their print products viable. But innovating an expensive product is risky. The post With no election results, Gannett newspapers edge into the future for their print product appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#election results
#print product
#newspaper publishers
Penguin Random House UK has announced former US First Lady Michelle Obama will be appearing in conversation with novelist Chimamanda Ngozi Adichie at Southbank Centre’s Royal Festival Hall this December. Continue reading at The Bookseller
[ The Bookseller | 2018-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#michelle obama
#southbank centre
Harper invests in the debut by a former Aussie book buyer, a social history of the Barbizon Hotel draws Hollywood interest, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book deals
#social history
After 45 years in retail, Booksource has no regrets about shifting its wholesale business to schools and libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#wholesale business
John Grisham has the #1 book in the country with ‘The Reckoning.’ Plus Sarah J. Maas’s Throne of Glass series has a fiery finish, and ‘The Girl in the Spider’s Web’ spins to the big screen. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#john grisham
#glass series
#big screen
Bonnier Books UK has announced that its group commercial director, Julian Shaw, is leaving the business to pursue new opportunities at the end of this month. Continue reading at The Bookseller
[ The Bookseller | 2018-11-01 00:00:00 UTC ]
More news stories like this |
Put together by three former key players in the UK's Bonnier Publishing, Blake Freeman Johnson Media is to focus mostly on nonfiction. The post UK’s Blake Freeman Johnson Media: ‘An Original Cyber Publishing Concept’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-11-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post uk
#key players
#bonnier publishing
Penguin Random House has acquired majority ownership of Brazilian trade publishing house Companhia das Letras. Penguin first invested in the company in 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
More news stories like this |
Two of the top magazine printers in the U.S. are set to merge next year, continuing in the years-long trend of consolidation within the printing industry. Quad/Graphics will acquire LSC Communications in an all-stock transaction with an approximated value of $1.4 billion, which is expected to... Continue reading at Folio Magazine
[ Folio Magazine | 2018-10-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#major step
#common stock
Designed 'to find the best popular books of the year in the lead-up to Christmas,' the UK's Specsavers National Book Awards will end with a consumer vote. The post The UK’s National Book Awards Announce Holiday Season Shortlists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#popular books
The Indigo Press, the publishing arm of the MILD Group, will publish titles by Ahmad Danny Ramadan, Lucia Osborne-Crowley, Richard Seymour and Parker Bilal in 2019. Continue reading at The Bookseller
[ The Bookseller | 2018-10-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#indigo press
#publishing arm
#mild group
#publish titles
Bret Easton Ellis will release his first work of nonfiction in April 2019. 'White' will, its publisher, Knopf, said, combine "commentary and personal reflection in a wide-ranging exploration of our reputation economy." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
More news stories like this |