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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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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Hodder Children’s Books, part of Hachette Children’s Group (HCG), has bought the UK and Commonwealth rights to a new series by YA author Taran Matharu. Continue reading at The Bookseller
[ The Bookseller | 2018-02-14 00:00:00 UTC ]
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Simon & Schuster UK has appointed Fritha Saunders from Quarto UK as its non-fiction editorial director. Continue reading at The Bookseller
[ The Bookseller | 2018-02-14 00:00:00 UTC ]
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In a coordinated effort for the rest of the month, book charities Book Aid International and World Book Day are raising funds for the annual goal of a million donated books. The post The UK’s Book Aid International Opens ‘New Worlds Through Books’ Campaign appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-02-14 00:00:00 UTC ]
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Chatto & Windus has acquired a "powerful" debut poetry collection exploring the New Cross massacre of 1981 and the Grenfell Tower fire in 2017. Continue reading at The Bookseller
[ The Bookseller | 2018-02-13 00:00:00 UTC ]
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T-Mobile US CEO John Legere wants to sell his New York penthouse for $22 million. The four-bedroom, four-bathroom apartment in Manhattan's Lincoln Square neighborhood has a view of Central Park and was originally owned by newspaper publisher William Randolph Hearst, according to the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-02-13 00:00:00 UTC ]
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After posting disappointing holiday results, Barnes & Noble instituted a round of layoffs yesterday that it says will save the company $40 million annually and result in severance payments of about $11 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
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Children’s author Morris Gleitzman has said “young people need stories more than ever” following his appointment as Australian children’s laureate. Continue reading at The Bookseller
[ The Bookseller | 2018-02-13 00:00:00 UTC ]
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Shoes, watches, sweaters and... pistachios resonate with readers. The post Readers are Going ‘Nuts’ for the Top 5 Recalled Ads in Men’s Magazines appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-02-09 00:00:00 UTC ]
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Struggling to keep up with the increasing digitization of academia, libraries are purging older volumes to make way for study spaces and coffee shops. The act is a radical shift from when the value of a library was measured by the scope of its books. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2018-02-08 00:00:00 UTC ]
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Revenue from third-party platforms represented 16 percent of publishers' total digital revenue in the first half of 2017 -- nearly unchanged from a year earlier. The post Google and Facebook make up less than 5 percent of publishers’ digital revenue appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-02-08 00:00:00 UTC ]
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Author and journalist Michael Wolff is coming to the UK this month to promote Fire and Fury (Little, Brown), the bestselling exposé that caused a presidential melt-down earlier this year. Continue reading at The Bookseller
[ The Bookseller | 2018-02-06 00:00:00 UTC ]
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Pan Macmillan is publishing Ten to Zen, a book providing 10-minute "mind workouts" to tackle stress from NHS psychotherapist Owen O’Kane. Continue reading at The Bookseller
[ The Bookseller | 2018-02-06 00:00:00 UTC ]
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The idea of negotiating as a group for better discounts, more author appearances, and more has excited a group of independent booksellers in the UK. The post UK Independent Booksellers Discuss an Alliance, With Cautious Optimism appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-02-05 00:00:00 UTC ]
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Marie Bedrune tells us all about her role as foreign rights manager at Nobrow/Flying Eye Books. Continue reading at The Bookseller
[ The Bookseller | 2018-02-03 00:00:00 UTC ]
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Sales of J K Rowling’s Harry Potter books have exceeded 500 million worldwide, according to Bloomsbury. Continue reading at The Bookseller
[ The Bookseller | 2018-02-02 00:00:00 UTC ]
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Edgar-winner Lippman shares five writing tips, including "show up on a regular basis." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-02 00:00:00 UTC ]
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Warren Bass makes his first acquisition at Penguin Press, Gallery buys a book about a fishing boat that disappeared in 1984, Graydon House nabs a buzzed-about U.K. thriller, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-02 00:00:00 UTC ]
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A Dave Chappelle anecdote boosts interest in—and sales of—a backlist memoir. Plus new year, new you titles are going strong four weeks into 2018, and David Levithan’s ‘Every Day’ heads to the big screen. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-02 00:00:00 UTC ]
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Execs from ALM and Trusted Media Brands on the strategic, cultural, and organizational aspects of embracing the new reality. The post Pivot to Digital: How Two Legacy Publishers Are Embracing Their Futures appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-02-01 00:00:00 UTC ]
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