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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Dan Brown's Origin makes a strong start in UK bookshops

Although not quite the sensation of previous Robert Langdon thrillers, The Da Vinci Code author’s latest mystery sold 100,000 copies in its first week Dan Brown’s mastery of something like a code for bestsellers has returned to cheer UK booksellers, with more than 100,000 copies of his latest... Continue reading at The Guardian

[ The Guardian | 2017-10-11 00:00:00 UTC ]
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The Faces of Frankfurt’s Future: Meet the Frankfurt Fellows

The ones to watch for this week at the Frankfurter Buchmesse: Here are eight of the Frankfurt Fellows, a group of up-and-coming talent in global publishing. The post The Faces of Frankfurt’s Future: Meet the Frankfurt Fellows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-10 00:00:00 UTC ]
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S&S UK 'looking strong' as profit grows in 2016

Simon & Schuster UK made a profit before tax of £3.76m last year, coming back from a loss the year before, with c.e.o. Ian Chapman telling The Bookseller the company is looking "really strong financially". Continue reading at The Bookseller

[ The Bookseller | 2017-10-10 00:00:00 UTC ]
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David Higham acquires Gregory & Co

David Higham Associates is acquiring Gregory & Company, the agency founded by Jane Gregory in 1987 and representing Val McDermid. Continue reading at The Bookseller

[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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Spotlight on Kensington's Rebel Base Books

With its digital-first Rebel Base Books imprint, Kensington is launching into sci-fi and fantasy publishing (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-06 00:00:00 UTC ]
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Chapman and S&S UK are in rude health

Recovery from a life-threatening illness, the "absolute red mist" of losing a book and the art of delegation are all issues on the mind of the chief executive and publisher of Simon & Schuster UK, Ian Chapman, in the month of the company’s 30th anniversary celebrations. Continue reading at The Bookseller

[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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Can You Sue a Newspaper Based on How the Internet Interprets a Story?

In 2015, Eric Lipton, a two-time Pulitzer Prize–winning investigative reporter, published a long expose on the front page of the New York Times that delivered on its headline: “Food Industry Enlisted Academics in GMO Lobbying War, Emails Show.” The story was published in the wake of an academic... Continue reading at Slate

[ Slate | 2017-10-06 00:00:00 UTC ]
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Bookstore News: October 5, 2017

Ohio pub unveils new bookstore; California library starts selling books; new indie in the works in Georgia.; inside the Greek bookstore that specializes in dictionaries; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-05 00:00:00 UTC ]
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Company spotlight: looking to the future at Aitken Alexander

After a tough year at Aitken Alexander, Clare Alexander says the agency is ready to return to the spotlight. Continue reading at The Bookseller

[ The Bookseller | 2017-10-04 00:00:00 UTC ]
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Christmas In October: UK Rights Rustler Matt Haig Sleighs to Frankfurt Book Fair

Canongate flies in Matt Haig to meet his international publishers at Frankfurter Buchmesse on the eve of the release of 'Father Christmas and Me.' The post Christmas In October: UK Rights Rustler Matt Haig Sleighs to Frankfurt Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-04 00:00:00 UTC ]
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Century acquires two new Overton thrillers

Century has acquired two new thrillers from Hollie Overton, author of the Richard & Judy book club pick Baby Doll. Continue reading at The Bookseller

[ The Bookseller | 2017-10-03 00:00:00 UTC ]
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Distribution Expansion: Germany’s Bookwire Acquires Brazil’s DLD

Making good on its plans for Latin American expansion, ebook distributor Bookwire buys Brazil's Distribuidora de Livros Digitals, DLD. The post Distribution Expansion: Germany’s Bookwire Acquires Brazil’s DLD appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-01 00:00:00 UTC ]
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Trapeze acquires 'steamy' legal thriller Degrees of Guilt

Sam Eades, editorial director at Trapeze, has acquired a "steamy" and "gripping" courtroom drama, Degrees of Guilt by H S Chandler. Continue reading at The Bookseller

[ The Bookseller | 2017-09-30 00:00:00 UTC ]
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Bonnier Zaffre acquires The Anomaly

Bonnier Zaffre has acquired UK and Commonwealth rights for The Anomaly, the first title published by Michael Rutger.    Continue reading at The Bookseller

[ The Bookseller | 2017-09-30 00:00:00 UTC ]
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5 Writing Tips: Harlan Coben

Bestselling author Harlan Coben shares his five writing tips, including "Write like there is a knife against your throat." Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-29 00:00:00 UTC ]
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Oliver's 5 Ingredients scoops fifth week at the top

Jamie Oliver has dished up a fifth week as the UK Official Top 50 number one, as 5 Ingredients—Quick & Easy Food (Michael Joseph) sold 44,956 copies for £537,538.  Continue reading at The Bookseller

[ The Bookseller | 2017-09-27 00:00:00 UTC ]
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'Poetic literary debut' to Melville House UK

Melville House UK managing director Nikki Griffiths has bought a “poetic literary debut” about grief and loss in her first acquisition as m.d for the publisher. Continue reading at The Bookseller

[ The Bookseller | 2017-09-27 00:00:00 UTC ]
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Cover versions: why are UK and US book jackets often so different?

The American edition of Hillary Clinton’s What Happened looks stylish and elegant; the UK one is dreadful. But the reasons that books differ so much across different markets isn’t solely down to simple salesCovers sell books. But in the case of Hillary Clinton’s memoir What Happened, you can’t... Continue reading at The Guardian

[ The Guardian | 2017-09-26 00:00:00 UTC ]
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The Not-So-Glossy Future of Magazines

Magazines still line classic newsstands like this one in Harvard Square in Cambridge, Mass. But the publishing industry has faded. Continue reading at The New York Times

[ The New York Times | 2017-09-23 00:00:00 UTC ]
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Time Inc UK, publisher of NME and Marie Claire, to be put up for sale

Parent company Time Inc seeks to sell several assets after revenue from both sales and advertising fell more than expectedThe publisher of magazines including Marie Claire, NME, Wallpaper and TV Times is being put up for sale by its American owner.Time Inc said on Friday it was looking to sell... Continue reading at The Guardian

[ The Guardian | 2017-09-22 00:00:00 UTC ]
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