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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Industry Notes: Zuiker Press’ Issue-Based Graphic Novels; Sweden’s Thunderful Publishing and Rising Star

The creator of television's 'CSI' franchise and his wife create a new series of teen-told tales as graphic novels, Simon & Schuster distributing. And Sweden's still young Thunderful Publishing has a new acquisition in Rising Star Games. The post Industry Notes: Zuiker Press’ Issue-Based... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rising star #graphic novels


Trapeze acquires Loreau's guide to better list-making

Trapeze is publishing a guide to making better lists from the author of L’art de la Simplicite, Dominique Loreau. Continue reading at The Bookseller

[ The Bookseller | 2018-07-05 00:00:00 UTC ]
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Mantle acquires two historical crime leads in 'hotly contested' auction

Mantle has acquired two historical crime thrillers by debut author Laura Shepherd-Robinson in a "hotly contested" auction. Continue reading at The Bookseller

[ The Bookseller | 2018-07-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mantle acquires #hotly contested


Fox Chapel Acquires Landauer Publishing

Fox Chapel Publishing has acquired independent quilt publisher Landauer Publishing. Landauer has a backlist of more than 100 quilting and needle-arts titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-03 00:00:00 UTC ]
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EnsembleIQ Acquires Lebhar-Friedman

Lebhar-Friedman, the 93 year-old, family-owned publisher serving the retail industry, has been acquired by Chicago-based EnsembleIQ, the latter announced this week. The deal, terms of which were not disclosed, includes a trio of trade magazines—the monthly Drug Store News, the bimonthly... Continue reading at Folio Magazine

[ Folio Magazine | 2018-07-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #advisory role #bear fruit #financial advisor #sale process


Last chance to fill in the blanks on funding journalism’s future | Roy Greenslade

Cuts have eroded the quantity and quality of the press. We must have a say on where to go nextHere is the news. Newspaper publishing revenues from both circulation and print advertising, have plunged by more than half over the past decade, down from almost £7bn to just over £3bn. Here’s more... Continue reading at The Guardian

[ The Guardian | 2018-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print advertising #past decade #title closures #death knell


Facebook quiz app maker exposed data on over 120 million users

While Facebook tries to close the book on its Cambridge Analytica scandal, it's still dealing with many more. The FTC is conducting a non-public probe into the company's behavior around privacy data, the EU's stricter laws are making it hard for the... Continue reading at Engadget

[ Engadget | 2018-06-29 00:00:00 UTC ]
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Endeavor Business Media Acquires SouthComm’s B2B Assets

Chris Ferrell, Patrick Rains and company are returning to SouthComm, Inc.—or, perhaps more accurately, SouthComm is returning to them. Endeavor Business Media—the firm launched by Ferrell just weeks after his departure from SouthComm last November as part of a "change in strategic direction" at... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-26 00:00:00 UTC ]
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MIT Press Launches Knowledge Futures Group

MIT Press has created the Knowledge Futures Group, a joint initiative between the press and the MIT Media Lab. The group is intended to spearhead collaborative technology projects that will allow for easier and more widespread publishing and dissemination of digital scholarly and academic works. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mit press #joint initiative #academic works


Industry Notes: UK’s Golden Booker Voting Is Closing; AudioFile’s Whitten on the Audies

Fifty years of Man Booker Prize for Fiction winners have been sorted down to a shortlist, and you can help crown the 'Golden' book. And some of this year's Audie Award winners are now playing on 'Beyond the Book.' The post Industry Notes: UK’s Golden Booker Voting Is Closing; AudioFile’s Whitten... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-25 00:00:00 UTC ]
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B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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News UK donates £25k to NLT

News UK has donated £25,000 to the National Literacy Trust (NLT) as well as three other charities. Continue reading at The Bookseller

[ The Bookseller | 2018-06-20 00:00:00 UTC ]
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American Media Inc. Acquires Bauer’s Celeb and Teen Titles

The great year of consolidation continues in the mass-market magazine space. National Enquirer publisher American Media Inc. announced Friday that it has acquired 13 celebrity and teen titles from Bauer Media USA—including In Touch, Life & Style, Closer, J-14, and the recently launched Teen... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #move represents #hearst magazines #meredith corp #news editor #steven kotok


John Wiley saw 5% revenue jump in 2018

Academic publisher John Wiley has reported an increase in revenue in both its fourth quarter 2018 and whole fiscal year reports, driven by strong operational performance and favourable impacts from foreign currency. Continue reading at The Bookseller

[ The Bookseller | 2018-06-14 00:00:00 UTC ]
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The right poetry collection for right now: Terrance Hayes' 'American Sonnets for My Past and Future Assassin'

Now’s the time for “American Sonnets for My Past and Future Assassin,” Terrance Hayes’ electric, new book. In his five previous poetry collections — “Muscular Music” (1999), “Hip Logic” (2002), “Wind in a Box” (2006), the National Book Award-winning “Lighthead” (2010) and “How to Be Drawn” (2015)... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #poetry collection #terrance hayes


PRH UK confirms 'Stranger Things' book programme for this autumn

Penguin Random House UK has confirmed it is embarking on a "Stranger Things" book programme with Netflix and will release two titles in autumn 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-06-13 00:00:00 UTC ]
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WebMD Acquires Jobson Healthcare Information

The b2b publisher will become an independent subsidiary of WebMD, which was itself acquired by Internet Brands last year. The post WebMD Acquires Jobson Healthcare Information appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #b2b publisher #internet brands


Group C Acquires Three More Titles; Grand View Media’s Breakup Nears Completion

After 21 years, Alabama-based Grand View Media appears to be exiting the publishing business. Group C Media—the New Jersey-based publisher of Business Facilities and Facility Executive magazines—announced last week its acquisition of Turf, Turf Design Build, and Tree Services magazines from... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-13 00:00:00 UTC ]
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The UK’s Society of Authors Releases Its Shortlists for the Authors’ Awards Slate 2018

With its Authors' Awards not only for younger writers but also one for a first-time novelist older than 40, the Society of Authors releases shortlists for more than £98,000 in literary awards. The post The UK’s Society of Authors Releases Its Shortlists for the Authors’ Awards Slate 2018... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-13 00:00:00 UTC ]
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EU-funded Transbook project commits to UK post-Brexit

The director of an EU-wide children’s literature project has said Europe must continue to work with the UK after Brexit. Continue reading at The Bookseller

[ The Bookseller | 2018-06-13 00:00:00 UTC ]
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