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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Anniversary Notes: Shanghai Children’s Book Fair at 5; Amazon’s Kindle at 10

The season's anniversaries start taking attention, as China's fair in Shanghai and Seattle's best-known device everywhere trigger news and events. The post Anniversary Notes: Shanghai Children’s Book Fair at 5; Amazon’s Kindle at 10 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-15 00:00:00 UTC ]
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HQ to publish Rose McGowan memoir in UK

HarperCollins imprint HQ is to be the UK publisher for Brave, the "courageous" memoir and manifesto from former actress Rose McGowan. Continue reading at The Bookseller

[ The Bookseller | 2017-11-14 00:00:00 UTC ]
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The UK’s Second ‘Inclusivity Conference’ Grapples With Diversity Issues

Told that the publishing industry 'has a responsibility to be a beacon of inclusivity,' delegates to the UK's diversity conference look at challenges. The post The UK’s Second ‘Inclusivity Conference’ Grapples With Diversity Issues appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-14 00:00:00 UTC ]
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Picador acquires Olivia Laing's debut novel

Picador has acquired two books from writer Olivia Laing, including a first novel called Crudo about "finding love amidst the global chaos of the summer of 2017". Continue reading at The Bookseller

[ The Bookseller | 2017-11-14 00:00:00 UTC ]
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Subscription-Based Car Buying Picks Up Steam

Join us in New York this Wednesday and Thursday for Ad Age Next, a new event where top marketers and innovators such as Procter & Gamble, Amazon, Wayfair, Google, Walmart, The Washington Post, Burger King, Twitter, Bloomberg and Headliner Labs will explore AI, chatbots, voice marketing,... Continue reading at Advertising Age

[ Advertising Age | 2017-11-14 00:00:00 UTC ]
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Oneworld acquires Afrikaans middle grade novel

Oneworld’s Rock the Boat imprint has acquired world language rights for Jaco Jacobs’ A Good Night for Shooting Zombies, a middle grade novel that "tackles important issues with a big heart." Continue reading at The Bookseller

[ The Bookseller | 2017-11-11 00:00:00 UTC ]
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Mitchell Beazley acquires modern Greek cookbook from MAZI

Octopus imprint Mitchell Beazley has acquired the first cookbook from Greek restaurant MAZI which will "present a collection of authentic Greek recipes with a modern twist". Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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The UK’s Second ‘Building Inclusivity’ Conference: ‘Taking Stock’ of Diversity Challenges

'Publishers are noticeably investing in improving inclusivity,' says the Publishers Association's Emma House in London ahead of Monday's conference. The post The UK’s Second ‘Building Inclusivity’ Conference: ‘Taking Stock’ of Diversity Challenges appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-10 00:00:00 UTC ]
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My Job in 5: Tig Wallace

Tig Wallace from Penguin Random House Children's tells us all about his role as editor. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, November 5, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended November 5, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
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John McVie's Honolulu retreat hits the market at $6.25 million

John McVie, the bassist of Fleetwood Mac fame, has put his home in Honolulu up for sale at $6.25 million. Set on a palm-lined street near the base of Diamond Head, the 7,953-square-foot house features stone and wood floors, vaulted ceilings and large picture windows that bring in views of the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
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Yellow Kite acquires Hudson brothers' Swim Wild

Yellow Kite is publishing Swim Wild by Yorkshire-born brothers Jack, Calum and Robbie Hudson, known for their ambitious open water swimming. Continue reading at The Bookseller

[ The Bookseller | 2017-11-08 00:00:00 UTC ]
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Building for the future: trade staff on diversity

Ahead of the ‘Building Inclusivity in Publishing Conference’ on 13th November, The Bookseller spoke to seven panelists about their experiences of inclusivity in the sector, and what steps can be taken to accelerate change. Continue reading at The Bookseller

[ The Bookseller | 2017-11-08 00:00:00 UTC ]
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The UK’s Make Our Book: An Internationally Available School-Publishing Program

A new program for classrooms: The UK's Make Our Book is free to schools and is 'properly magical' for students, says its creator Emma Barnes. The post The UK’s Make Our Book: An Internationally Available School-Publishing Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-07 00:00:00 UTC ]
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Hachette Acquires Meadowbrook Press' Backlist

Hachette announced on Monday that it is acquiring the backlist of Meadowbrook Press, best known for titles for both parents and expectant parents; the list will be refreshed and reissued as Da Capo or Running Press releases. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-06 00:00:00 UTC ]
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Piatkus acquires guide to ageing well

Little, Brown Book Group imprint Piatkus has acquired a guide to ageing well, called The Age-Well Project, by author Annabel Abbs and TV executive and cook book author Susan Saunders. Continue reading at The Bookseller

[ The Bookseller | 2017-11-04 00:00:00 UTC ]
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My Job in 5: Daniel Brown

Daniel Brown tells us all about his role as content manager at Cambridge University Press. Continue reading at The Bookseller

[ The Bookseller | 2017-11-03 00:00:00 UTC ]
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Donna Brazile’s DNC exposé: 5 explosive allegations from the “Hacks” excerpt

This morning Politico published an excerpt from an upcoming book by the former interim chair of the Democratic National Party, Donna Brazile. In it, Brazile describes the inner workings of the Democratic Party during the 2016 presidential campaign and alleges that, through a series of unethical... Continue reading at Fast Company

[ Fast Company | 2017-11-02 00:00:00 UTC ]
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Meredith Sues the IRS, Alleging $12 Million Overpayment

The Better Homes & Gardens publisher says the agency's assessment is "without factual basis and legally erroneous." The post Meredith Sues the IRS, Alleging $12 Million Overpayment appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-11-01 00:00:00 UTC ]
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At SCIBA Show, Booksellers Look to the Future

More than 200 members of the bookselling community gathered at the Southern California Independent Booksellers Association trade show October 27-28. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-01 00:00:00 UTC ]
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