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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Quercus imprint Jo Fletcher Books has acquired a cross-genre debut set in 1960s America, called Our Child of the Stars, in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2017-09-22 00:00:00 UTC ]
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In its program to change the makeup of the UK book business workforce, British publishers have taken the lead in international inclusivity efforts. The post The UK’s Publishers Commit to a Workforce Diversity Program’s 10-Point Action Plan appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-19 00:00:00 UTC ]
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In its program to change the makeup of the UK book business workforce, British publishers have taken the lead in international inclusivity efforts. The post The UK’s Publishers Formally Commit to a Workforce Diversity Program’s 10-Point Action Plan appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-19 00:00:00 UTC ]
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Durham, N.C.-based Carolina Wren Press is acquiring the trademarks and backlist of Winston-Salem-based publisher John F. Blair. The combined company will function as a non-profit publisher and will be renamed Blair. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-15 00:00:00 UTC ]
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In a UK-exclusive launch event for his new book, Ask an Astronaut (Century), Tim Peake will appear in conversation with actor and "The Gadget Show" TV presenter Dallas Campbell at the Barbican Hall this October. Continue reading at The Bookseller
[ The Bookseller | 2017-09-13 00:00:00 UTC ]
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Canongate has bought Severn House Publishers, for an undisclosed sum, from owner Edwin Buckhalter. With the acquisition, Buckhalter will retain a consultancy role, while Severn publisher Kate Gibb has been promoted to COO of Canongate. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-13 00:00:00 UTC ]
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Oreva Capital has backed a management-led buyout of Here Publishing, rebranding it Pride Media Inc. The post Owner of High Times Acquires LGBT Magazines Out and The Advocate appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-09-11 00:00:00 UTC ]
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Barnes & Noble has been closing stores steadily for years, but CEO Demos Parneros said, during a conference call yesterday, that his goal is to position the company for "net store expansion" in fiscal 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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Pan Macmillan imprint Bluebird has acquired a new book by Pope Francis, a rumination on happiness called Happiness in this Life. Continue reading at The Bookseller
[ The Bookseller | 2017-09-08 00:00:00 UTC ]
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The company expands its printing and distribution services by purchasing one of the largest publication printers in the U.S. The post LSC Communications Acquires Publishers Press appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-09-07 00:00:00 UTC ]
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John Murray is publishing Falling Short, a "funny, uplifting, deeply moving" literary debut by "true new talent" Lex Coulton. Continue reading at The Bookseller
[ The Bookseller | 2017-09-07 00:00:00 UTC ]
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Jamie Oliver has continued his blistering return to form, shifting 52,211 copies of 5 Ingredients: Quick and Easy Food (Michael Joseph) last week through Nielsen BookScan's Total Consumer Market to take the Official UK number one by almost 40,000 units. Continue reading at The Bookseller
[ The Bookseller | 2017-09-07 00:00:00 UTC ]
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Facebook is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.The posting and viewing of video on Facebook has exploded in recent... Continue reading at Advertising Age
[ Advertising Age | 2017-09-06 00:00:00 UTC ]
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Facebook is said to be offering hundreds of millions of dollars to music publishers and record labels to avoid having to take down user-generated videos that feature copyrighted music. Bloomberg cites "people familiar with the matter" as saying Facebook's payments will allow for the legal use of... Continue reading at Betanews
[ Betanews | 2017-09-06 00:00:00 UTC ]
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Research indicates diversity has improved in recent years, but a generational change is needed to balance the book trade, according to researchersA survey of more than 1,000 people working in UK publishing has found that more than 90% currently in the industry classify themselves as white... Continue reading at The Guardian
[ The Guardian | 2017-09-06 00:00:00 UTC ]
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Authors have asked whether the novel will exist in the future when competing against new entertainment trends such as online streaming and television box sets. Continue reading at The Bookseller
[ The Bookseller | 2017-09-05 00:00:00 UTC ]
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Original Winnie the Pooh drawings will be on show at the V&A for the first time in almost 40 years as part of the UK’s largest exhibition on the classic children's character created by author A A Milne and illustrator E H Shepard. Continue reading at The Bookseller
[ The Bookseller | 2017-09-05 00:00:00 UTC ]
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"This acquisition provides a significant opportunity for us to expand both communities." The post Chief Executive Group Acquires Corporate Board Member Magazine appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-09-01 00:00:00 UTC ]
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Given a green light by competition authorities, Poland's bookseller Empik adds Platon to its assets, a major national and international distribution outfit. The post Polish Bookseller Empik Approved to Accelerate Its Growth By Acquiring Distributor Platon appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-01 00:00:00 UTC ]
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Print sales of Judith Kerr's The Tiger Who Came to Tea have surpassed one million sold mark ahead of its 50th anniversary next year. Continue reading at The Bookseller
[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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