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

Other Publishing stories related to: 'UK-Based Future Acquires Purch for $132.5 Million'


Tiger Who Came to Tea hits million-copy milestone

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 ]
More news stories like this | News stories tagged with: #print sales #judith kerr


UK Author-Illustrator Judith Kerr Named a Specsavers Platinum Bestseller

The German-born British children's writer Judith Kerr is now a member of the Platinum Bestseller club, awarded the honor by Specsavers and Nielsen Book. The post UK Author-Illustrator Judith Kerr Named a Specsavers Platinum Bestseller appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen book


China's CPG goes public, reveals failed UK acquisition attempt

Chinese publishing giant the China Publishing Group (CPG) has realised an eight-year ambition and taken its publishing wing public on the Shanghai Stock Exchange. Continue reading at The Bookseller

[ The Bookseller | 2017-08-25 00:00:00 UTC ]
More news stories like this |


Birkbeck’s ‘Mechanics’ Institute’ Anthology: ‘Showcasing New Voices’ to the UK Industry

'Publishing needs new voices, new writers need a showcase,' says Julia Bell, who leads the forthcoming new iteration of 'The Mechanics' Institute Review.' The post Birkbeck’s ‘Mechanics’ Institute’ Anthology: ‘Showcasing New Voices’ to the UK Industry appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk industry


Harrogate to host UK-exclusive Dan Brown event

Dan Brown is appearing in Harrogate for the exclusive UK launch of his upcoming new novel, Origin (Transworld). Continue reading at The Bookseller

[ The Bookseller | 2017-08-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dan brown


Wedding Old to New, in Family Life and Faith-Based Publishing

This coming year, religious publishers will offer some fresh, faith-oriented perspectives on the age-old questions of marriage and parenting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #family life #faith-based publishing #coming year #religious publishers


ANA Pushes $50 Million Digital Media Pilot to Combat 'Ad-Tech Tax'

After years of complaining about digital media fraud, brand safety and other problems, the Association of National Advertisers hopes to do something about it, starting a six-month pilot with what it hopes will be 35 marketers and more than $50 million in spending for 30 premium online... Continue reading at Advertising Age

[ Advertising Age | 2017-08-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$50 million #ad-tech companies #ad inventory #ad fraud


Amazon UK Services sales soar but corporation tax payments halve

Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #accounts filed #companies house


Gatehouse Media Parent Acquires 11 More Daily U.S. Newspapers

Across the U.S. today, various publications are relaying to their readers some pressing news: they've been sold. Morris Publishing Group, a part of Morris Communications Co., has been purchased by New York-based New Media Investment Group. This means that the Savannah Morning News, the Topeka... Continue reading at AdWeek

[ AdWeek | 2017-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #morris communications


B&N Education Buys Student Brands for $58.5 Million

Barnes & Noble Education has acquired Student Brands, a direct-to-student subscription-based writing skills service, for $58.5 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-07 00:00:00 UTC ]
More news stories like this |


Netflix acquires Mark Millar's comics publishing house (updated)

Mark Millar is a well-known name in the world of comics, which is why today's announcement is such a big deal. Netflix has revealed that it's acquired Millarworld, Millar's comic book empire, and will be creating original movies and TV shows from the... Continue reading at Engadget

[ Engadget | 2017-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mark millar #big deal #tv shows


HQ signs 'addictive' Hounslow-based thriller debut

HarperCollins imprint HQ has acquired world English language rights to two books by IT officer and screenwriter, Khurrum Rahman. Continue reading at The Bookseller

[ The Bookseller | 2017-08-03 00:00:00 UTC ]
More news stories like this |


Get 'Learn Linux in 5 Days' for FREE

If you want to learn how to use Linux -- either for fun, or to level up your career -- but are pressed for time, this ebook is for you. In Learn Linux in 5 Days, you will learn the most important concepts and commands of Linux, and be guided step-by-step through several practical and real-world... Continue reading at Betanews

[ Betanews | 2017-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #learn linux #real-world examples


Sales of mind, body, spirit books boom in UK amid 'mindfulness mega-trend'

While fewer titles are selling in other genres, reading that offers a path to spiritual growth has risen 13% in 2017The UK’s “mindfulness mega-trend” shows no sign of running out of breath, with sales of “mind, body, spirit” books booming, against a background of slowing sales elsewhere on the... Continue reading at The Guardian

[ The Guardian | 2017-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #slowing sales #uk amid


The Future of Obamacare

To discuss the insane spectacle we just witnessed in the Senate and the future of Obamacare, I spoke by phone with Ezekiel J. Emanuel, an oncologist and bioethicist who worked for the Obama administration and helped craft the Affordable Care Act. He is now chairman of the Department of Medical... Continue reading at Slate

[ Slate | 2017-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #obama administration #health care #white house


My Job in 5: Jen Garside

Jen Garside from HarperCollins Publishers tells us all about her role as digital projects executive. Continue reading at The Bookseller

[ The Bookseller | 2017-07-29 00:00:00 UTC ]
More news stories like this |


Here Are Some More Details on Facebook’s Upcoming Subscription-Based News Product

More details emerged Thursday on the subscription-based news product announced by Facebook head of news partnerships Campbell Brown earlier this month. Brown said at the Digital Publishing Innovation Summit in New York earlier this month that the social network would begin testing a... Continue reading at AdWeek

[ AdWeek | 2017-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook head #begin testing


Leadbeater wins first UK Kindle Storyteller Award

David Leadbeater has won the inaugural £20k UK Kindle Storyteller Award for his self-published crime thriller The Relic Hunters. Continue reading at The Bookseller

[ The Bookseller | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david leadbeater #relic hunters


Hachette Sales Up 5% in First Half of 2017

A strong performance by its Nashville-based imprints FaithWords and Center Street helped lift sales 5% at Hachette Book Group in the first half of 2017 over the comparable period in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong performance


BBC unveils UK's biggest poetry festival

This year's National Poetry Day will see the launch of the UK's biggest poetry festival dedicated to new work, in conjunction with the BBC. Continue reading at The Bookseller

[ The Bookseller | 2017-07-25 00:00:00 UTC ]
More news stories like this |