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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S&S UK snaps up speculative novel from Sweden's Stålenhag

Simon & Schuster UK will publish a “lavishly illustrated” speculative novel by cult Swedish author Simon Stålenhag. Continue reading at The Bookseller

[ The Bookseller | 2018-03-06 00:00:00 UTC ]
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This Week's Bestsellers: March 5, 2018

Mark Greaney’s ‘Agent in Place,’ the latest installment of his Gray Man series, debuts at #8 on our hardcover fiction list. Plus the 2018 Newbery and Caldecott Medalists get a print sales boost, and Alan Cumming brings a James Patterson character to TV life. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-02 00:00:00 UTC ]
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Bonnier’s interim chief exec seeks ‘sustainable future’

Bonnier Publishing’s acting chief executive has told The Bookseller he is working on a "new strategy" to ensure the company has a "sustainable future", after it emerged that the firm has been beset by profitability issues in recent years.  Continue reading at The Bookseller

[ The Bookseller | 2018-03-02 00:00:00 UTC ]
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UK's first Muslim literature and culture festival launches

Novelists Elif Shafak and Kamila Shamsie are set to headline the UK’s first dedicated festival of Muslim culture, literature and ideas, at the British Library in April. Continue reading at The Bookseller

[ The Bookseller | 2018-03-02 00:00:00 UTC ]
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Book Deals: Week of March 5, 2018

HC invests in a middle grade series, Capstone buys the latest from a Newbery winner, Amazon re-ups a French bestseller, and more in this week’s notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-02 00:00:00 UTC ]
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My Job in 5: Jess Stenson

Jess Stenson tells us all about her role as sales and publicity executive at Sweet Cherry Publishing. Continue reading at The Bookseller

[ The Bookseller | 2018-03-02 00:00:00 UTC ]
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Channel 5 to mark World Book Day

Channel 5’s Milkshake! team is celebrating World Book Day by reading 10 picture books after striking a partnership with BookTrust. Continue reading at The Bookseller

[ The Bookseller | 2018-02-28 00:00:00 UTC ]
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S&S UK saw sales and profit rise in 2017

Simon & Schuster UK saw a rise in sales and profit in 2017, driven by a "significant" increase in print and downloadable audio book sales, the firm has revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-02-23 00:00:00 UTC ]
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UK Illustrator Luke Pearson’s Series ‘Hilda’ Beats a Path to Netflix

In a new series directed by Andy Coyle–with illustrator Luke Pearson as one of its executive producers–the five-book 'Hilda' series of graphic novels from Nobrow's Flying Eye Books is to premiere on Netflix in Septermber. The post UK Illustrator Luke Pearson’s Series ‘Hilda’ Beats a Path to... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-02-23 00:00:00 UTC ]
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The Case for Category-Based Ad Sales

Publishers tend to merge categories during difficult times—when they really should be doing the opposite. The post The Case for Category-Based Ad Sales appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-02-23 00:00:00 UTC ]
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SparkPoint Acquires Shebooks

Shebooks, which has released 75 ebook titles to date, will become the ebook only option for SparkPoint's She Writes Press imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-23 00:00:00 UTC ]
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Only half of pre-school children being read to daily, UK study finds

Survey finds proportion of toddlers having story time fell by a fifth in five years The proportion of toddlers being read to every day has dropped by a fifth over the last five years, according to research warning that the decline is a significant threat to child development.The annual... Continue reading at The Guardian

[ The Guardian | 2018-02-21 00:00:00 UTC ]
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The UK’s Republic of Consciousness Prize for Small Presses Names its 2018 Shortlist

Open to UK and Irish publishers, the Republic of Consciousness Prize honors literary fiction produced by small, independent presses with no more than five full-time employees.  The post The UK’s Republic of Consciousness Prize for Small Presses Names its 2018 Shortlist appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-02-21 00:00:00 UTC ]
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Scholastic UK buys two school book suppliers

The UK arm of Scholastic has bought school books suppliers MBE Books and Laburnum House for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2018-02-20 00:00:00 UTC ]
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'Defend and nuture' UK publishing, Wise urges policymakers

Curtis Brown agent Gordon Wise, former president of the Association of Authors' Agents, has urged parliamentarians to defend the achievements of UK publishers.  Continue reading at The Bookseller

[ The Bookseller | 2018-02-19 00:00:00 UTC ]
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News UK to advertisers: Run your Facebook ads on our sites

"Facebook is aggressively turning the dial against [brands and publishers]." The post News UK to advertisers: Run your Facebook ads on our sites appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-19 00:00:00 UTC ]
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Defending UK success

Gordon Wise reflects on his presidency of the Association of Authors’ Agents, and looks at the ongoing challenges facing the group. Continue reading at The Bookseller

[ The Bookseller | 2018-02-19 00:00:00 UTC ]
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Maze Runner author James Dashner dropped by UK publishers

Maze Runner author James Dashner has been dropped by his UK publishers, Chicken House and Sweet Cherry Publishing, following allegations of sexual harassment. Continue reading at The Bookseller

[ The Bookseller | 2018-02-17 00:00:00 UTC ]
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Waterstones, HQ and Borough host plant-based food festival

HarperCollins imprint HQ is teaming up with Borough Market and Waterstones to host a festival celebrating the “explosion” in popularity of plant-based food. Continue reading at The Bookseller

[ The Bookseller | 2018-02-16 00:00:00 UTC ]
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