Drive up and down the 101 Freeway in Silicon Valley, or cast your gaze north toward Seattle, and media companies, which expect to book over $20 billion in advertising in 2011, appear to be everywhere. But visit the biggest of these companies and ask them to define themselves, and youll be hard-pressed to get them to say theyre the new generation of media, attracting audiences for the purpose of selling advertising. Were a core technology company, says Nikesh Arora, Googles chief business officer, whose team netted $10 billion in U.S. ad sales for the search giant last year. I dont know [if were a media company], and to be honest, Im not that interested in the answer, says a slightly annoyed David Fischer, Facebooks vice president of advertising, who sold $1.8 billion. Microsoft is first a technology company, says Keith Lorizio, the head of sales for the software giants Advertising unit. The exceptions? Yahoo and, on the East Coast, AOLboth once seen as tech leaders, but now laggards, trying to remake themselves as media companies. I embrace it, Ross Levinsohn, who joined Yahoo last November to run its Americas operations, says about the media label. The media business is the most exciting business in the world. But you wont find any tech platform worth a few billion or more that admires Yahoo, AOL, or, for that matter, anybody else in the media business. Advertisers and other publishers have pointed out for years now that assembling audiences, and... Continue reading at 'AdWeek'
[ AdWeek | 2011-07-11 00:00:00 UTC ]
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Pearson has sold the FT Group to the Japanese Nikkei Inc for £844m. The company confirmed earlier today it was in “advanced talks” on the sale of the FT Group, which includes the Financial Times, and has now revealed Nikkei will buy the group for a gross consideration of £844m, payable in cash. Continue reading at The Bookseller
[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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Pearson has confirmed it is in “advanced discussions” to sell the FT Group. Press speculation has been rife this week that a sale has been made ahead of Pearson’s half-year results, which are due to be reported tomorrow morning (24th July). While Pearson confirmed it is in talks to sell the FT... Continue reading at The Bookseller
[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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Japanese publisher Nikkei Inc. agreed to acquire Pearson Plc's FT Group for $1.3 billion to gain control of the Financial Times newspaper. The sale doesn't include Pearson's 50% stake in... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-07-23 00:00:00 UTC ]
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Random House Children's Books US has bought the rights to Matt Haig’s upcoming Christmas book, A Boy Called Christmas, for a six-figure sum from Canongate. Continue reading at The Bookseller
[ The Bookseller | 2015-07-23 00:00:00 UTC ]
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Dunkin' Donuts wants to create cool musical buzz with millennials this summer to push its iced coffee products. So it's playing with enough social-media platforms to outfit a marketing septet: Spotify, Snapchat, Instagram, YouTube, Twitter, Vine, Facebook and Periscope. The initiative, called... Continue reading at AdWeek
[ AdWeek | 2015-07-21 00:00:00 UTC ]
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Despite many readers’ disparaging criticism, Harper Lee’s ‘lost’ novel has become HarperCollins’ fastest selling book with 1.1m in first-week sales and preordersCritics dismissed it as a rough draft for To Kill a Mockingbird and readers despaired over an ageing, racist Atticus Finch. But Harper... Continue reading at The Guardian
[ The Guardian | 2015-07-20 00:00:00 UTC ]
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Earlier this year, executives at social news site ViralNova had to make a decision. The two-year-old company that has never raised outside funding could stay independent and try to keep up with larger digital media companies like Vice and BuzzFeed on its own as was the plan since Sean Beckner... Continue reading at Advertising Age
[ Advertising Age | 2015-07-09 00:00:00 UTC ]
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Amazon Mexico has finally launched its full retail operations and a print bookstore; it had previously offered Kindle ebooks since 2013. The post Amazon Mexico Now Sells Print Books Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-07-02 00:00:00 UTC ]
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The latest instalment of Fifty Shades of Grey has sold 1.1m copies in the US in all formats, Penguin Random House has revealed. Anne Messitte, publisher of Vintage Anchor in the US, said Grey: Fifty Shades of Grey as Told by Christian sold 1.1m copies in trade paperback, ebook and audio in the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-24 00:00:00 UTC ]
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Future of Martha Stewart magazines unclear... The post MSLO Sells for $353 Million appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-06-22 00:00:00 UTC ]
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Given demand, publisher Vintage plans to go back for third, fourth and fifth printings on the title, which was released June 18. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-22 00:00:00 UTC ]
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Actor Joe Manganiello, who rose to fame as a werewolf on HBO's "True Blood," has sold his house in Hollywood Hills for $1.925 million. Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-06-20 00:00:00 UTC ]
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Library campaigners in Sheffield are urging the city council to put on hold plans to sell a Carnegie library to a company which wants to place a restaurant and coffee shop in the building. The Walkley Carnegie Library was one of 15 of the city's 28 libraries that was passed over to volunteer... Continue reading at The Bookseller
[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Jesica Sweedler DeHart, co-manager of children's books and gift buyer at BookPeople of Moscow in Moscow, Idaho, reports on titles that are moving quickly at her store, including Carson Ellis's 'Home.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-11 00:00:00 UTC ]
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The Weybret family has sold Lodi News-Sentinel to a new corporation, Central Valley News-Sentinel Inc, led by veteran newspaper publisher Steven Malkowich. The new owners have newspaper assets in the United States and Canada, including several ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-05-28 00:00:00 UTC ]
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Quebecor announced Tuesday that it will sell Archambault, the large retailer of music, books, and DVDs, with 14 locations across Quebec, to Renaud-Bray, the largest French-language bookstore chain in North America, with 30 locations. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-21 00:00:00 UTC ]
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Author Susie Day is hoping to promote YA books written by British and Irish authors through an online shop selling UKYA-branded merchandise. The ‘We Have Crisps’ shop is currently selling tote bags, vest tops and t-shirts featuring the names ‘Patrick & Bali. Sarra & Non’,... Continue reading at The Bookseller
[ The Bookseller | 2015-05-06 00:00:00 UTC ]
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The book by the 'Water for Elephants' writer has held steady on bestseller lists, though some critics gave the book negative reviews. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-05-06 00:00:00 UTC ]
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A couple who were splashed across the national press when they delivered a petition to 10 Downing Street calling on Amazon to pay corporation tax in the UK have sold their two bookshops. Keith and Frances Smith who owned Warwick Books and Kenilworth Books have sold both the indies to new owners... Continue reading at The Bookseller
[ The Bookseller | 2015-05-01 00:00:00 UTC ]
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The High Court has ordered Hesperus to stop selling or distributing its English translation of The 100-Year-Old Man who Climbed out of the Window and Disappeared by Jonas Jonasson. The order was issued following an action brought by Hachette Book Group against Hesperus in London, which saw a... Continue reading at The Bookseller
[ The Bookseller | 2015-04-28 00:00:00 UTC ]
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