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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Independent publisher Pikku is hoping to remind children about the importance of libraries with a new picture book about Andrew Carnegie, who funded more than 600 libraries in the UK and Ireland. Continue reading at The Bookseller

[ The Bookseller | 2018-01-10 00:00:00 UTC ]
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Free speech groups praise UK decision to publish tell-all Trump book

Free speech groups have praised Little, Brown’s decision to release Michael Wolff’s tell-all book on Donald Trump’s presidency despite the UK’s strict libel laws and legal threats from the president. Continue reading at The Bookseller

[ The Bookseller | 2018-01-06 00:00:00 UTC ]
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Trump exposé gets early UK release

The explosive "insider’s account" on Donald Trump’s presidency will go on sale in the UK today, four days early, publisher Little, Brown has confirmed to The Bookseller. Continue reading at The Bookseller

[ The Bookseller | 2018-01-06 00:00:00 UTC ]
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The Week in Libraries: January 5, 2018

Among the headlines this week: No, Libraries Are Not Dying; The Most Popular Library Reads of 2017; and Dewey's Checkered Past. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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‘The future of cable’: Looking beyond Facebook, publishers eye streaming TV bundles

Cheddar, Newsy, The Young Turks and other media outlets want to bundle up with online TV services from Sling, Hulu and YouTube. The post ‘The future of cable’: Looking beyond Facebook, publishers eye streaming TV bundles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-05 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, January 5, 2018

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended January 5, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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Pre-Orders for 'Fire and Fury' Skyrocket as Trump Rages; Pub Date Pushed to January 5

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[ Publishers Weekly | 2018-01-04 00:00:00 UTC ]
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Wednesday Wake-Up Call: The Future of Ads on Amazon's Alexa. Plus, Diageo Suspends Snapchat Ads

Vice: Vice Media suspended President Andrew Creighton and Chief Digital Officer Mike Germano as it probes harassment complaints about them, Bloomberg News reports.Out: Patrick Scissons is out as KBS' global chief creative officer, after a year marked by high-profile departures from the agency,... Continue reading at Advertising Age

[ Advertising Age | 2018-01-03 00:00:00 UTC ]
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Leadsom vows to campaign for 'sustainable future' of libraries

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[ The Bookseller | 2018-01-03 00:00:00 UTC ]
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[ Publishing Perspectives | 2018-01-03 00:00:00 UTC ]
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The Good Agency secures ACE grant worth half a million

Nikesh Shukla and Julia Kingsford's new literary agency, The Good Agency, dedicated to championing under-represented voices in publishing, is receiving a grant for over half a million pounds from Arts Council England.  Continue reading at The Bookseller

[ The Bookseller | 2017-12-22 00:00:00 UTC ]
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Holiday giveaway! Get WinX MediaTrans 5 -- an iTunes alternative for Windows -- FREE for a very limited time ($59.95 value)

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[ Betanews | 2017-12-20 00:00:00 UTC ]
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Picador acquires 'stirring' poetry anthology from migrant schoolchildren

Picador has acquired a "unique" and "stirring" poetry anthology of migrant stories from schoolchildren, called England. Continue reading at The Bookseller

[ The Bookseller | 2017-12-19 00:00:00 UTC ]
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Edward St Aubyn's King Lear and the future of literary fiction - books podcast

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[ The Guardian | 2017-12-19 00:00:00 UTC ]
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Pan Mac acquires magical adventure The Nightjar

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[ Publishing Perspectives | 2017-12-19 00:00:00 UTC ]
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My Job in 5: Ain Deheb Bensenouci

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Blackwell Learning acquired by Kortext

Blackwell’s e-textbook platform, Blackwell Learning, has been sold to rival Kortext for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2017-12-14 00:00:00 UTC ]
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Sandow Acquires Stake in Galerie Magazine

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