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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The UK reports that audiobooks are most popular with men 25 to 44, and in Canada, there's a big jump from 2016 to 2017 in publishers producing audiobooks. The post Audiobooks in the Headlines: Wooing Guys in the UK, Winning Over Publishers in Canada appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-12 00:00:00 UTC ]
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Google's vp of news says the company wants to enable the success of news publishers, but that direct payments come with pitfalls. The post ‘I feel optimistic about the future of news’: Google’s Richard Gingras says the company’s success depends on the health of publishers appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-06-08 00:00:00 UTC ]
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Publishing industry leaders, starting with John Ingram, sound off on the future of the book business in this new podcast series. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-08 00:00:00 UTC ]
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Hachette Children’s Group will next year publish The Colour of Happy, a picture book about emotions and empathy. Continue reading at The Bookseller
[ The Bookseller | 2018-06-06 00:00:00 UTC ]
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Twitter and Facebook told they will be held more responsible for the content they publishBritain’s chief data regulator has said the online political advertising industry will be forced to reform for good as a result of the Cambridge Analytica scandal.Elizabeth Denham, the head of the... Continue reading at The Guardian
[ The Guardian | 2018-06-05 00:00:00 UTC ]
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Despite fears of a physical store "retail apocalypse," NPD BookScan's Kristen McLean outlined a future for indie booksellers driven by experimentation and selling books in more places. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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Bloomberg published an eyebrow-raising report Thursday night about a draft proposal being prepared by the Trump administration that would subsidize the coal industry in part by invoking a Cold War-era law intended for use in national security emergencies: Continue reading at Slate
[ Slate | 2018-06-01 00:00:00 UTC ]
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The Nobel Prize in Literature may not be awarded in 2019 unless trust is restored in the Swedish Academy that administers the prize, the Nobel Foundation’s executive director Lars Heikensten has said. Continue reading at The Bookseller
[ The Bookseller | 2018-05-31 00:00:00 UTC ]
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Founded in 1918 in New York City, Church Publishing Inc. is celebrating its first century this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-31 00:00:00 UTC ]
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'It makes no sense in the modern world that readers are being penalized with an additional 20-percent VAT for choosing to embrace digital,' says the Publishers Association chief. The post Publishers Association Issues Statement on UK VAT for Digital Content appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-30 00:00:00 UTC ]
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Rachel Faulkner-Willcocks tells us all about her role as senior commissioning editor at Avon, HarperCollins UK. Continue reading at The Bookseller
[ The Bookseller | 2018-05-26 00:00:00 UTC ]
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In its quest to win back the love of influencers and stay alive in Facebook’s world, Snap has created an incubator for storytellers. The post 5 questions publishers have about Snap’s new content creator incubator appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-05-25 00:00:00 UTC ]
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Try to imagine a time in the not-so-distant future when fans of the Golden State Warriors can take a sip of a Hampton 5 sports beverage, place their Hampton 5 phone charger, Hampton 5 inflation needle and Hampton 5 comic book into their Hampton 5 backpack before slipping a Hampton 5 hoodie over... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-05-19 00:00:00 UTC ]
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Hachette UK’s sales are up 1.4% in the first quarter of 2018, spurred on by Michael Wolff's January bestseller Fire and Fury (Little, Brown Book Group). Continue reading at The Bookseller
[ The Bookseller | 2018-05-18 00:00:00 UTC ]
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Christian publisher Whitaker House is expanding with the acquisition of Smart Kidz Books, a publisher of titles for children from infancy through age eight. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-17 00:00:00 UTC ]
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Facebook published numbers for the first time detailing how much and what type of content it removes from the social network. Continue reading at The New York Times
[ The New York Times | 2018-05-16 00:00:00 UTC ]
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Emma Harrow is leaving Simon & Schuster UK next month to go freelance after 12 years with the publisher. Continue reading at The Bookseller
[ The Bookseller | 2018-05-16 00:00:00 UTC ]
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Last month, Facebook published its internal community enforcement guidelines for the first time and today, the company has provided some numbers to show what that enforcement really looks like. In a new report that will be published quarterly, Facebo... Continue reading at Engadget
[ Engadget | 2018-05-15 00:00:00 UTC ]
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Faber & Faber has acquired an "essential" new non-fiction title from author and senior campaigns manager John Grindrod. Continue reading at The Bookseller
[ The Bookseller | 2018-05-15 00:00:00 UTC ]
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Daniel Eggleston tells us all about his role as social media and marketing assistant at Ulverscroft Large Print Books. Continue reading at The Bookseller
[ The Bookseller | 2018-05-05 00:00:00 UTC ]
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