Webtoon Raises Over $300 Million in Public Offering

The webcomics pioneer went public June 27 at a $21.00 per share price, the high end of its projected range and generate total proceeds of about $315 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-06-27 04:00:00 UTC ]

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Webtoon Raises Over $300 Million in Public Offering

The webcomics pioneer went public June 27 at a $21.00 per share price, the high end of its projected range and generate total proceeds of about $315 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-27 04:00:00 UTC ]
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Boston Properties' Park Avenue South building lands publishing house HQ

Boston Properties has signed a new tenant to 360 Park Ave. South, a handsome but mostly vacant building whose co-owner sold its stake back to the developer earlier this year for $1.Ziff Davis agreed to relocate to corporate headquarters from 114 Fifth Ave. to the 20-story building at East 26th... Continue reading at Crains New York

[ Crains New York | 2024-06-18 16:59:09 UTC ]
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Bannon, Biden, the darkness, and the light

Early yesterday morning, Steve Bannon, the former head of Breitbart and the Trump campaign, was drinking coffee on the deck of a $35-million yacht off the coast of Connecticut—as populist rabble-rousers are wont to do—when federal agents came on board and arrested him. Bannon stands accused of... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-08-21 12:31:00 UTC ]
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Pearson Plans More Cuts, May Sell School Group

Pearson said it has plans to further reduce costs by $300 million, and it is also reviewing its strategic options for the K-12 courseware business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-08 00:00:00 UTC ]
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Amazon's new videoconferencing tool encroaches on LogMeIn's turf

Amazon.com became one of the most valuable companies in the world by disrupting other people's businesses — first book stores, then retailers more generally and then large-scale data storage providers (and next maybe blimp operators). With its announcement this week of Chime, a... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-02-16 00:00:00 UTC ]
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With a new videoconferencing tool, Amazon disrupts the competition (again)

Amazon.com became one of the most valuable companies in the world by disrupting other people's businesses — first book stores, then retailers more generally and then large-scale data storage providers (and next maybe blimp operators). With its announcement this week of Chime, a... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-02-16 00:00:00 UTC ]
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Industry Stocks: September 2016 Performances

The Publishers Weekly Stock Index increased 5.9% in September, but that gain was due almost entirely to the jump in the share price of Amazon, which rose $68.15 to close the month 8.9% ahead of its price at the end of August. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-07 00:00:00 UTC ]
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Pearson forced to defend its strategy at rowdy a.g.m

Pearson has been forced to defend its business strategy at its a.g.m today (29th April), with shareholders voicing their anger over the decline in the company's share price. However, c.e.o John Fallon has vowed "we will get Pearson growing again". Continue reading at The Bookseller

[ The Bookseller | 2016-04-30 00:00:00 UTC ]
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PW Stock Index Rallies in March

All 10 companies listed on the Publishers Weekly Stock Index saw an increase in share price in March, pushing the index up 8.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-01 00:00:00 UTC ]
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AOL Scoops Up Mobile Ad Network Millennial Media for $238 Million

After two months of speculation, AOL has acquired mobile ad network Millennial Media for $238 million, or about $1.75 per share. The Millennial deal is the newest step in building out AOL's tools to compete in mobile advertising against behemoths like Facebook, Yahoo and Google. With the deal,... Continue reading at AdWeek

[ AdWeek | 2015-09-03 00:00:00 UTC ]
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Industry Stocks Struggled in 2014

Despite another year of strong gains for the stock market, the Publishers Weekly Stock Index fell 13.6% in 2014 (relative to 2013), as only five of the 13 companies on the PWSI had an increase in their share price. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-02 00:00:00 UTC ]
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Time Inc. Shares Slip Nearly 1% on First Day of Trading

Shares in Time Inc., owner of People, Sports Illustrated and Time magazines, were off nearly 1% to $23.30 Monday, its first day of trading as a public company.The company's share price had tumbled about 4% after trading began but regained much of the lost ground during the afternoon.Time Inc. is... Continue reading at Advertising Age

[ Advertising Age | 2014-06-10 00:00:00 UTC ]
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For Time Inc., a return to magazine stand-alone status

An era came to an end last week when Time Warner announced it would be spinning off its storied magazine division by the close of the year, leaving the owner of People, InStyle, Fortune, Sports Illustrated and, of course, Time to fend for itself as a publicly traded Time Inc. The announcement... Continue reading at Crains New York

[ Crains New York | 2013-03-10 00:00:00 UTC ]
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Microsoft gambles $300m on e-readers

Microsoft is jumping into the fast-growing ebooks market by investing US$300 million in Barnes & Noble's Nook e-reader and university business, as it looks to unlock Amazon.com and Apple's grip on the exploding tablet computer market. Continue reading at Stuff

[ Stuff | 2012-05-01 00:00:00 UTC ]
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Kobo sold to Rakuten

Publication Date: Wed, 09/11/2011 - 09:30 Japanese e-commerce firm Rakuten has acquired e-reading service Kobo for $315 million. The move follows Rakuten’s acquisition of internet retailer Play.com earlier this year for £25m in cash, as part of the company’s European expansion plan. read more Continue reading at The Bookseller

[ The Bookseller | 2011-11-09 00:00:00 UTC ]
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HuffPo Bloggers File Lawsuit Against AOL

Since AOL bought Huffington Post for $315 million in early March, the controversy has not let up. In an editorial overhaul constructed by HuffPo founder Arianna Huffington (in her new role as head of editorial operations with AOL), AOL laid off hundreds of workers, 300 of those state side. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-12 00:00:00 UTC ]
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