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'


Frankfurt’s ‘The Markets’ Conference: France, India, Southeast Asia, UK, USA

Frankfurt Book Fair's 'The Markets' conference explores an industry that keynote speaker Andrew Wylie says stands 'at odds with the nationalist agenda.' The post Frankfurt’s ‘The Markets’ Conference: France, India, Southeast Asia, UK, USA appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post frankfurt #usa appeared #southeast asia


Industry Notes: South Korea’s Ridibooks Raises $20 Million; Quarto Distributes Zest Books

Characterized as South Korea's largest ebook service, Ridibooks' parent company raises funds. And Quarto Group Takes on Zest Books distribution. The post Industry Notes: South Korea’s Ridibooks Raises $20 Million; Quarto Distributes Zest Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #south korea


How a smack of jellyfish helped win a £5,000 prize

An army of caterpillars and a troop of monkeys also help US children's illustrator Lane Smith win a top book award. Continue reading at BBC News

[ BBC News | 2017-06-20 00:00:00 UTC ]
More news stories like this |


UK’s Publishers Association Opens Its #LoveAudio Campaign Today

Audiobook Month continues in the US as the UK's #LoveAudio week kicks in. In both markets, research shows audio formats are popular with many men. The post UK’s Publishers Association Opens Its #LoveAudio Campaign Today appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post uk


Novel based on Arandora Star tragedy optioned for TV

Natalie Dye’s debut novel about the sinking of the Arandora Star ship during World War Two, killing 865 people, has been optioned for television. Continue reading at The Bookseller

[ The Bookseller | 2017-06-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #world war


WHS Travel to open 15 UK stores this year

High Street sales at W H Smith continue to tumble – down 4% like-for-like in the past 15 weeks. However, its Travel arm continues to trade strongly, with sales up 5% like-for-like. Continue reading at The Bookseller

[ The Bookseller | 2017-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #whs travel #4% like-for- #5% like-for-


The Book People acquires gift company Qwerkity

The Book People has acquired gift company Qwerkity, heralding its “natural” expansion into the gift market. Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book people


My Job in 5: Sophie Raoufi

Sophie Raoufi from Singing Dragon tells us all about her role as marketing executive. Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marketing executive


Hearst Acquires Connecticut Magazine

The brand comes as part of a newspaper-consolidation deal in Connecticut. The post Hearst Acquires Connecticut Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-06-09 00:00:00 UTC ]
More news stories like this |


How Hearst UK is centralizing video production

In the U.K., Cosmopolitan and Good Housekeeping have produced the most video, but the publisher is forming a centralized video team in the coming months. The post How Hearst UK is centralizing video production appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hearst uk #good housekeeping #coming months


PRH Acquires Literary-Themed Apparel Company

The publisher has acquired Out of Print, which produces and retails literary-themed apparel, accessories, and home goods. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
More news stories like this |


Aussie Rules: Black Inc launches in the UK

Australian publisher Black Inc, which specialises in literary fiction and non-fiction, is to launch in the UK this September. Continue reading at The Bookseller

[ The Bookseller | 2017-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary fiction


Bookstore News: June 5, 2017

An Alaska bookstore is for sale; bookstores celebrate anniversaries in Kansas and New York, a Chicago feminist store honors Pride month; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore news


Jacaranda to bring Caribbean crime to UK readers this summer

Jacaranda Books is launching a Caribbean-themed crime series this summer by Paula Lennon, starting with Murder in Montego Bay. Continue reading at The Bookseller

[ The Bookseller | 2017-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jacaranda books #uk readers


BookExpo 2017: The Future Is Now at Galaxy Press

For 33 years, Galaxy Press has been promoting the work of science fiction and fantasy writers and illustrators through the annual L. Ron Hubbard Writers and Illustrators of the Future contests. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #science fiction #fantasy writers


PW Picks: Books of the Week, June 5, 2017

This week: Anthony Horowitz's brilliant Agatha Christie–like mystery, plus an investigation into the Donner Party. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anthony horowitz


This Week's Bestsellers: June 5, 2017

‘Crazy Rich Asians’ author Kevin Kwan rounds out his trilogy with ‘Rich People Problems,’ debuting at #13 on our Hardcover Fiction list. Plus Cassandra Clare has the #3 book in the country with ‘Lord of Shadows,’ second in her Dark Artifices series, and Michael Crichton returns to our lists with... Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cassandra clare ##3 book


Book Deals: Week of June 5, 2017

Katherine Arden sells her middle grade debut, Minotaur buys a new historical mystery series by Brit Jessica Fellowes, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals


5 Writing Tips: Jeff VanderMeer

"But at some point, no matter how good your partial or rough draft is, you may also have to methodically test your novel—in all ways, from the structure down to the paragraph level." Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jeff vandermeer #rough draft


The Handmaid's Tale tops book charts after TV series UK debut

Margaret Atwood’s 1985 novel rockets to number one on Amazon after Channel 4 begins airing series starring Elisabeth MossThe Handmaid’s Tale, the 1985 novel by Margaret Atwood envisaging a hellish dystopia where the US is ruled by an ultra-far-right regime that treats women as chattels, has... Continue reading at The Guardian

[ The Guardian | 2017-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon charts #margaret atwood #bestseller charts #tv adaptation #canadian author