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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Hodder has acquired a new book from thought leader and Rabbi Jonathan Sacks about the "outsourcing" of morality and what needs to be done to recover it. Continue reading at The Bookseller
[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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William Heinemann has acquired On the Red Hill by Mike Parker, a memoir on "love, acceptance, finding home and the redemptive power of nature". Continue reading at The Bookseller
[ The Bookseller | 2018-08-29 00:00:00 UTC ]
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The 25th edition of the Beijing International Book Fair (BIBF) has opened to an "upbeat" and "inspiring" start, with a flurry of rights activity and collaboration between industry figures. Continue reading at The Bookseller
[ The Bookseller | 2018-08-25 00:00:00 UTC ]
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John Larison, author of 'Whiskey When We're Dry," picks books by Annie Proulx, Hernan Diaz, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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Madeleine Ovenden, previously of Michael O’Mara, has been appointed head of UK sales for Laurence King Publishing (LKP). Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Wales and the West is emerging as the area with the fastest-growing book sales of 2018 so far, according to fresh statistics from Nielsen BookScan. Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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Adweek recently caught up with BuzzFeed CEO Jonah Peretti and chief revenue officer Lee Brown about the state of the digital publisher, the challenges of a changing industry and where they see the company in the years ahead. We also chatted with them about the evolution of Tasty in the three... Continue reading at AdWeek
[ AdWeek | 2018-08-21 00:00:00 UTC ]
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This is the second year of operation for Germany's Buchtrailer Awards and the third year for the UK's Republic of Consciousness Prize for small presses. Both niche programs have opened for submissions. The post Industry Notes: Germany’s Buchtrailer Awards and the UK’s Republic of Consciousness... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-17 00:00:00 UTC ]
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‘The share of income from rights has steadily increased from 72 percent in 2013 to 80 percent in 2016,’ says the UK’s Publishers Association, in a report released this summer. By Porter Anderson, Editor-in-Chief | @Porter_Anderson In Five Years: A 90 Percent Rise in Rights Income hen Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-14 00:00:00 UTC ]
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More than 2 million votes have been cast in the search to find America's Most Loved Novel, a fan competition organized as part of PBS' documentary series, 'The Great American Read.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-14 00:00:00 UTC ]
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Hay House UK is launching an initiative promoting diversity in the personal development, holistic health and spirituality space. Continue reading at The Bookseller
[ The Bookseller | 2018-08-11 00:00:00 UTC ]
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The bestselling iBooks in biographies and memoirs, fiction and literature, mysteries and thrillers, and more for the week ended August 5, 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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Dan Brown’s Origin (Corgi) has held the UK Official Top 50 number one for a fourth week running—and the author’s 80th in total. Continue reading at The Bookseller
[ The Bookseller | 2018-08-08 00:00:00 UTC ]
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Several books in the religion category are addressing issues related to mental illness while also calling on churches to play a more supportive role for those suffering with it. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
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The Sunday Times/PFD prize for writers aged 18 to 35 opens a new resource, while the Paul Torday Prize will honor a debut novelist decades older. The post Content From a UK Award for Younger Writers, and a Prize for Authors Over 60 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-08 00:00:00 UTC ]
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Turnover at Amazon's UK Services arm soared again in 2017, rising nearly 36% to £1.98bn (from £1.46bn the previous year). Continue reading at The Bookseller
[ The Bookseller | 2018-08-04 00:00:00 UTC ]
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Facebook announced Thursday that it is pumping another $4.5 million into Facebook Journalism Project initiatives for news publishers. Global head of news Campbell Brown said in a blog post that Facebook will put $3.5 million toward the Facebook Membership Accelerator pilot program and contribute... Continue reading at AdWeek
[ AdWeek | 2018-08-02 00:00:00 UTC ]
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The Overlook Press, cofounded by Peter Mayer, the former chair and CEO of the Penguin Group, in 1971, has been acquired by illustrated book publisher Abrams. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-01 00:00:00 UTC ]
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