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 ]
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S&S UK launch monthly podcast series

Simon & Schuster UK has launched a new podcast offering interviews, insights, discussions and ideas as well as exclusive essays from authors, on the world of books, culture and society. Continue reading at The Bookseller

[ The Bookseller | 2018-01-31 00:00:00 UTC ]
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Grammy Awards draws 19.8 million viewers on CBS, a nine-year low

The CBS telecast of the 60th Grammy Awards was watched by 19.8 million viewers, a staggering 27% decline from last year’s show. The live program from Madison Square Garden in New York, with “The Late Late Show” host James Corden as emcee, drew its smallest audience since 2009, according to... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-30 00:00:00 UTC ]
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Strava says military users should opt out of heatmap feature to avoid revealing secret army base locations

Military personal who used the fitness app Strava have unwittingly contributed to revealing the location of secret army bases around the world. Strava published a "heatmap" of global user activity in November, and from this data visualization the location of secret military bases was... Continue reading at Betanews

[ Betanews | 2018-01-29 00:00:00 UTC ]
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My Job in 5: Clare Povey

Clare Povey from Bloomsbury Publishing tells us all about her role as events and communications executive. Continue reading at The Bookseller

[ The Bookseller | 2018-01-27 00:00:00 UTC ]
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ICM Partners Acquires Sagalyn Agency

ICM Partners has acquired the Sagalyn Agency, a Washington, D.C.–based literary agency, following a four-year partnership between the two firms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-26 00:00:00 UTC ]
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Atlantic Books acquires Steve Richards’ The Prime Ministers

Atlantic Books is to publish The Prime Ministers: Reflections on Leadership by political commentator and journalist Steve Richards. Continue reading at The Bookseller

[ The Bookseller | 2018-01-26 00:00:00 UTC ]
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'Fire and Fury' Sales Hit 1.7 Million

Despite early concerns that Henry Holt may have underestimated demand for 'Fire and Fury,' the Macmillan imprint said it has sold roughly 1.7 million copies of the White House tell-all since its January 5 release. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-25 00:00:00 UTC ]
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UK Facebook-first publishers have a stiff upper lip on feed changes

"We’re not taking resource from Facebook and investing elsewhere; we’re doing the opposite.” The post UK Facebook-first publishers have a stiff upper lip on feed changes appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-24 00:00:00 UTC ]
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Deacon to lead Amazon Publishing UK

Laura Deacon has been appointed to lead Amazon Publishing UK's editorial team, succeeding current editor-in-chief, Emilie Marneur, who is moving to Amazon Video to become its head of film acquisition. Continue reading at The Bookseller

[ The Bookseller | 2018-01-24 00:00:00 UTC ]
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Former SouthComm CEO Starts New Company, Acquires Three Magazines

Chris Ferrell's newly formed Endeavor Business Media acquires Grand View's Process Flow Network, says more deals are on the horizon. The post Former SouthComm CEO Starts New Company, Acquires Three Magazines appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-01-23 00:00:00 UTC ]
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Facebook to Rank Publishers Based on How Trusted They Are

Facebook will rank news outlets based on how "trustworthy" they determine them to be, in another News Feed tweak announced by CEO Mark Zuckerberg on the platform Friday.Zuckerberg added that he expects a 20 percent drop in the amount of news people see."There's too much sensationalism,... Continue reading at Advertising Age

[ Advertising Age | 2018-01-20 00:00:00 UTC ]
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My Job in 5: Daiden O'Regan

Daiden O'Regan tells us all about her role as sales and events executive at Black & White Publishing. Continue reading at The Bookseller

[ The Bookseller | 2018-01-19 00:00:00 UTC ]
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‘The relationship has to improve’: UK publishers want more contact with Facebook

“If you’re serious about helping publishers right the revenue balance, then invest in that area and adjust your ad product to reward quality content." The post ‘The relationship has to improve’: UK publishers want more contact with Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-18 00:00:00 UTC ]
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With no sign of Watch, Facebook mid-roll ads yield slim prospects for UK publishers

"It’s classic Facebook -- it gives with one hand and takes with the other.” The post With no sign of Watch, Facebook mid-roll ads yield slim prospects for UK publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-16 00:00:00 UTC ]
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Fire and Fury pipped to No 1 in UK book charts by Lose Weight for Good

Booksellers hail strong sales for Donald Trump exposé, but Tom Kerridge’s diet book sets the most British tills ringingAlmost 60,000 print copies of Michael Wolff’s Donald Trump exposé Fire and Fury were sold in the UK last week, but the British public’s New Year’s resolutions meant the... Continue reading at The Guardian

[ The Guardian | 2018-01-16 00:00:00 UTC ]
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The UK’s Publishers Association Launches Data Protection Toolkit for Europe’s Regulations

With 'a lot of anxiety to many businesses as they grapple with the full implications' of the European Union's new data privacy regulations, the UK's Publishers Association launches a special toolkit for its member publishers. The post The UK’s Publishers Association Launches Data Protection... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-15 00:00:00 UTC ]
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Industry Insiders: What’s Ahead for the UK’s Leading Bookseller Waterstones?

Among unknowns facing the UK book industry this year, the idea of a Waterstones sale is among the most vexing. There's one point of agreement: Industry players would like managing director James Daunt to stay in place. The post Industry Insiders: What’s Ahead for the UK’s Leading Bookseller... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-12 00:00:00 UTC ]
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Berlin’s Future! Publish Debuts Its German Book Trailer Award

The conference in its third year has instituted a new book trailer award program with a shortlist of 30 videos designed to entice consumers to various publishers' titles. Organizers say the trailer award will be an annual feature of the conference. The post Berlin’s Future! Publish Debuts Its... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-11 00:00:00 UTC ]
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Quarto consolidates UK adult trade imprints

Quarto is rolling its UK-based adult trade imprints into a single new imprint called White Lion Publishing. Continue reading at The Bookseller

[ The Bookseller | 2018-01-11 00:00:00 UTC ]
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US orders of Trump exposé top one million

Michael Wolff’s US publisher says it has orders for more than one million hardcover copies of Fire and Fury, with "hundreds of thousands of ebooks" already sold. Continue reading at The Bookseller

[ The Bookseller | 2018-01-10 00:00:00 UTC ]
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