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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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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As many as 126 million Americans may have seen divisive Russian-generated ads and posts on Facebook over the last two years, apparently part of a wide-ranging effort by Moscow to influence the 2016 presidential election, the social media company told Congress on Tuesday. “Many of the ads and... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-01 00:00:00 UTC ]
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Weidenfeld & Nicolson has bought a "major" new non-fiction title, Dead Doubles by writer and journalist Trevor Barnes, about the discovery, pursuit and capture of the Portland Spy Ring. Continue reading at The Bookseller
[ The Bookseller | 2017-11-01 00:00:00 UTC ]
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Bonnier Publishing imprint Templar Books has acquired world rights for two picture books from Sebastien Braun in a deal with Arabella Stein of the Bright Agency. Continue reading at The Bookseller
[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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The UK will be the guest of honour at the Sharjah International Book Fair (SIBF) next month. Continue reading at The Bookseller
[ The Bookseller | 2017-10-26 00:00:00 UTC ]
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Colin Kaepernick, the former San Francisco 49ers quarterback who inspired a nationwide protest movement against racism, has a million-dollar book deal from Random House imprint One World, according to the New York Post's Page Six. Random House did not immediately respond to a request for comment... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-10-25 00:00:00 UTC ]
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Fast-growing indie graphic novel publisher Lion Forge has acquired The BEAT, a comics trade news site founded by PW graphic novels reviews editor Heidi MacDonald. As a result, MacDonald is leaving PW to focus on directing The BEAT on a full-time basis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-24 00:00:00 UTC ]
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'So much of the publishing industry revolves around London' in the UK, says publisher Ra Page. The Northern Fiction Alliance collective is a response. The post Far From the Madding Crowd: The UK’s Northern Fiction Alliance appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-10-24 00:00:00 UTC ]
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'We have to be realistic about the European market,' says the Publishers Association's Stephen Lotinga. 'It's been declining over the last five years.' The post Brexit Viewpoint: Stephen Lotinga, UK Publishers Association appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-10-19 00:00:00 UTC ]
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Canadian audiobook service Audiobooks.com is launching in the UK today with a catalogue of 70,000 titles. Continue reading at The Bookseller
[ The Bookseller | 2017-10-19 00:00:00 UTC ]
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Ending months of speculation, the two parties have reached a deal. The post Hearst Acquires Rodale’s Magazines appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-10-19 00:00:00 UTC ]
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Simon & Schuster UK celebrated its 30th anniversary at London's National Gallery, with president and c.e.o. Carolyn Reidy praising the press for transforming from a "tiny" distribution arm into a "world-class" publisher in that time. Continue reading at The Bookseller
[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Media conglomerate IGN has acquired Humble Bundle, the pay-what-you-want gaming, book and software collection retailer that raises money for charitable causes. In a blog post, Humble Bundle cofounder and CEO Jeffrey Rosen noted that his company will... Continue reading at Engadget
[ Engadget | 2017-10-14 00:00:00 UTC ]
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Serpent’s Tail has bought Romanian crime writer’s E O Chirovici’s second novel in English. Continue reading at The Bookseller
[ The Bookseller | 2017-10-14 00:00:00 UTC ]
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Inga Bodnarjuka-Mrazauskas tells us all about her role as executive manager at International Writers and Translators house, Platform LatvianLiterature. Continue reading at The Bookseller
[ The Bookseller | 2017-10-14 00:00:00 UTC ]
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More than 40 people, platforms and products have been shortlisted for this year’s coveted FutureBook Awards, with the winners to be announced at the FutureBook Conference on 1st December. Continue reading at The Bookseller
[ The Bookseller | 2017-10-13 00:00:00 UTC ]
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My Job in 5 for Frankfurt Book Fair, Day 2. Ucheora Obi tells us all about her role as research and insight manager at Macmillan Education. Continue reading at The Bookseller
[ The Bookseller | 2017-10-13 00:00:00 UTC ]
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My Job in 5 for Frankfurt Book Fair 2017, Day 1. Emma Wray tells us all about her role as North American sales assistant at Octopus Books. Continue reading at The Bookseller
[ The Bookseller | 2017-10-12 00:00:00 UTC ]
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Digital advance-copy service NetGalley is going to launch a UK-specific website and an official Japanese site this month. Continue reading at The Bookseller
[ The Bookseller | 2017-10-12 00:00:00 UTC ]
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