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
Ads.txt is showing publishers that domain spoofing remains a big problem for their video ad businesses. The post Study: Top publishers like The New York Times and The Washington Post lose $3.5 million a day to domain spoofing appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-12-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post study
#top publishers
#domain spoofing
#big problem
Fêted for her auspicious debut, ‘Conversations With Friends,’ Dubliner Sally Rooney at 26 is tied with Zadie Smith (2001, ‘White Teeth’) for youngest winner of the Sunday Times/PFD prize for emerging authors from the UK and Ireland. By Porter Anderson, Editor-in-Chief | @Porter_Anderson A Book... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#year prize
#white teeth
#emerging authors
#porter anderson
#london library
#editor-in-chief @porter_anderson
'Conversations With Friends' author Dubliner Sally Rooney at 26 wins the Sunday Times/PFD prize for emerging authors from the UK and Ireland. The post Irish Author Sally Rooney Wins the UK’s Sunday Times/PFD Young Writer Prize appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#emerging authors
Thirty-seven per cent of UK-authored research articles were made freely available to the world immediately on publication last year, via Open Access, according to a report from Universities UK's Open Access Co-ordination Group. Continue reading at The Bookseller
[ The Bookseller | 2017-12-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#open access
Publishers need to embrace a global rights acqusition strategy, HarperCollins’ chief digital officer and executive v.p Chantal Restivo-Alessi has said. Continue reading at The Bookseller
[ The Bookseller | 2017-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#chantal restivo-alessi
#global deals
Thirty years after it was founded, Jessica Kingsley Publishers (JKP) has been bought by Hachette UK for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2017-12-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#thirty years
In the latest of its moves amid East-European educational-sector interests, it proposes taking over publishing and distribution assets in Bulgaria. The post Germany’s Klett Applies To Acquire Bulgarian Publishing and Distribution Group appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post germany
#distribution group
Ellis Moore from W F Howes tell us all about her role as senior acquisitions editor. Continue reading at The Bookseller
[ The Bookseller | 2017-12-01 00:00:00 UTC ]
More news stories like this |
Citing record attendance for its professional program, the Shanghai Children's Book Fair offers an upbeat report amid some concerns voiced by UK publishers. The post Shanghai Children’s Book Fair Reports Gains, Amid UK Concerns About Import Issues appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#shanghai children
#import issues
#professional program
#uk publishers
After acquiring the Scotland-based spirituality publisher, Inner Traditions is launching two new imprints. With the move, the mind-body-spirit publisher will increase its yearly output to over 80 titles a year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-28 00:00:00 UTC ]
More news stories like this |
Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines, Iowa-based company said in a statement that it has agreed to pay... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#meredith corp
#acquire time
#magazine publisher
#deal valued
#des moines
#iowa-based company
#pay $18
"When I arrived, nothing was broken. We had all the raw materials -- strong brands and great journalists -- but it felt like a bowl of spaghetti." The post Hearst Magazines UK CEO James Wildman: ‘The media world is turning into a messy place’ appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#media world
Hearst Magazines Digital Media has set up a development team to meet Facebook, Snapchat and other platforms' demand for TV-quality shows. The post Hearst has a 5-person team to develop shows for platforms appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#platforms appeared
#post hearst
#development team
In the first public hearing on the plan to renvovate the historic Stephen A. Schwarzman main library, NYPL officials promised to the concerns and desires of their constituents. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#public meeting
#public hearing
“Whatever the opposite of FOMO is, I have that.” I believe that your dreams and your day job can coexist. I always have at least four projects going on at the same time, and I switch frequently between them. If I’m struggling to work on a project for Windows Insiders, I’ll write a chapter of a... Continue reading at Fast Company
[ Fast Company | 2017-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#day job
#nonfiction book
Little, Brown imprint Orbit has acquired the Rosewater trilogy from British author Tade Thompson. Continue reading at The Bookseller
[ The Bookseller | 2017-11-17 00:00:00 UTC ]
More news stories like this |
Helen Wang, a London-based literary translator and British Museum curator has been recognised on the international stage for her “special contribution” to children’s literature at the 2017 Chen Bochui International Children's Literature Awards in Shanghai. Continue reading at The Bookseller
[ The Bookseller | 2017-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#literature awards
#international stage
The plan, which was unanimously approved by the NYPL board, will mean a 20% increase in public space for research, exhibitions, and educational programs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#20% increase
#public space
#educational programs
Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital-related news. You can now get an audio version of this briefing on your Alexa device. Click here, or search for "Ad Age" under "Skills" in the Alexa app.What people are talking about today: The Koch... Continue reading at Advertising Age
[ Advertising Age | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#family circle
#sports illustrated
#big money
#times published
#climate change