Woven Digital Raises $18 Million to Keep Pace With BuzzFeed, Vox, Vice

Another week, another digital media company with a big funding round.Woven Digital has raised $18 million in the company's second funding round since its 2010 launch. Woven intends to use the funding money to add more people to its ad sales and editorial teams, grow its video business into eventually accounting for half of the company's revenue and develop its publishing tools to be better at trendspotting, according to Woven CEO Scott Grimes.Up until now the millennial-male-skewing publisher has largely stayed away from taking outside money. It raised $5.5 million in seed money, but largely relied on its own revenue over the last few years to build its business and acquire other sites, Mr. Grimes said. He said that revenue has doubled each year for the last three years but declined to provide actual figures. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-12-11 00:00:00 UTC ]
News tagged with: #ad sales #publishing tools

Other Publishing stories related to: 'Woven Digital Raises $18 Million to Keep Pace With BuzzFeed, Vox, Vice'


WaterBrook’s Wingfeather Saga Sells 1 Million Copies ‘On Its Own Terms’

Wingfeather, Andrew Peterson’s middle grade fantasy series from Christian publisher WaterBrook, follows three siblings as they encounter good versus evil, in a story ‘that doesn’t cheapen the reality that the world can be a scary place,’ the author says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
More news stories like this |


Italy’s Publishers Ask Rome to Raise Family Schoolbook Funding

The Italian Publishers Association and the market's booksellers are appealing for more government funding for poorer students' books. The post Italy’s Publishers Ask Rome to Raise Family Schoolbook Funding appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-07 22:09:46 UTC ]
More news stories like this | News stories tagged with: #post italy #government funding #publishers association


Bookwire Stages ‘Shaping the Future of Digital Books’

Sponsored: On September 13, Bookwire's 'All About Multi-Format Publishing' program will look at digital publishing developments. The post Bookwire Stages ‘Shaping the Future of Digital Books’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-31 17:46:41 UTC ]
More news stories like this | News stories tagged with: #digital books #digital publishing


Media Briefing: How digital publishers spent summer 2023 

It was a hot summer of activity within the digital media space as publishers experimented with new technology, rode the social media rollercoaster and looked for ways to offset the hits to ad revenue. Continue reading at Digiday

[ Digiday | 2023-08-31 04:01:00 UTC ]
More news stories like this | News stories tagged with: #media briefing #hot summer #ad revenue #digital media #digital publishers


The Week in Libraries: August 18, 2023

Among the week's headlines: libraries and schools face multiple challenges in Texas; a library administrator in Missouri is warned to stay 'politically neutral' or face discipline; a library in Seattle faces closure for making diverse books available; and Jay-Z juices library card signups at the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #libraries


Troubles for property insurers spells more losses at Digital Media Solutions

Revenue fell to a three-year low as insurance carriers downsized their advertising budgets. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-08-16 10:33:50 UTC ]
More news stories like this | News stories tagged with: #revenue fell #advertising budgets #digital media


Sony and other music labels sue Internet Archive for digitizing old records

The Internet Archive is facing another lawsuit over one of its conservation projects. Sony Music Entertainment, Universal Music Group and a handful of other music labels have filed a lawsuit against the nonprofit organization, accusing it of copyright infringement for digitizing, "willfully... Continue reading at Engadget

[ Engadget | 2023-08-12 11:01:08 UTC ]
More news stories like this | News stories tagged with: #louis armstrong #project website #unlimited access #legal battle


Cambridge University Press Reaches 100-Million User Milestone

With students accessing the system from 170 countries, Cambridge University Press & Assessment is ahead of its anticipated schedule. The post Cambridge University Press Reaches 100-Million User Milestone appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-03 20:46:43 UTC ]
More news stories like this | News stories tagged with: #cambridge university press


As Digital Media Falters, Betches Hits Its Stride, Expanding Headcount and Revenue Streams

Lifestyle and comedy publisher Betches, which chronicles dating and pop culture for a predominantly female audience, just introduced digital advertising to its newly redesigned website in late July. The move is part of a broader effort to diversify its business and signal a new chapter for the... Continue reading at AdWeek

[ AdWeek | 2023-08-03 11:50:06 UTC ]
More news stories like this | News stories tagged with: #revenue streams #pop culture #late july #broader effort #wholly owned #digital media


How Vice Media Went Bankrupt

The digital media company Vice filed for Chapter 11 bankruptcy in May, and new documents disclosed in the proceedings offer a rare glimpse into the financial maneuvering that led the privately held company to insolvency. In particular, they reveal that Vice raised more than $1.3 billion in debt... Continue reading at AdWeek

[ AdWeek | 2023-07-24 11:37:29 UTC ]
More news stories like this | News stories tagged with: #vice media #rare glimpse #digital media


Lit Hub Daily: July 18, 2023

“Once I can’t rely on sight to write anymore, will I, like Borges, no longer be quite sure who is writing this page?” Andrew Leland on Jorge Luis Borges’ blindness and his own. | Lit Hub Memoir It’s a banger week for new books, starting with a new Whitehead. | The Hub Alfred J. Naddaff […] Continue reading at Literrary Hub

[ Literrary Hub | 2023-07-18 10:30:16 UTC ]
More news stories like this | News stories tagged with: #banger week #memoir


Alight Media takes top digital media outreach spot from Global

The company claims to reach “over half” of adults across 146 UK towns and cities. Continue reading at Media Week

[ Media Week | 2023-07-12 08:53:16 UTC ]
More news stories like this | News stories tagged with: #company claims #digital media


Amazon's New European Sourcing Policies Raise Concerns for U.S. Publishers

A decision by the e-tailer, to stop importing books from U.S. publishers that are destined to be sold in its stores in Europe in favor of sourcing them locally, is leading to higher costs and lost sales, publishers contend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #higher costs


Hoopla, Overdrive/Libby Now Banned for Those Under 18 in Mississippi

Public libraries in Mississippi have cut off access to digital platforms like Overdrive and Hoopla to those under 18. Continue reading at Book Riot

[ Book Riot | 2023-07-07 15:33:07 UTC ]
More news stories like this | News stories tagged with: #digital platforms #public libraries


Indigo Had C$49 Million Loss in Fiscal 2023 on Small Sales Decline

Indigo Books & Music, Canada's leading book retailer, reported that retail sales improved, as the company recovered from pandemic-era lockdowns, but online sales suffered, due in part to a cyberattack earlier this year. Markus Dohle has also joined the company board. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-27 04:00:00 UTC ]
More news stories like this | News stories tagged with: #markus dohle #company board


Steph Catudal’s Memoir Is Actually Two Books Woven Together

When her husband was diagnosed with lung cancer, the author was haunted by a long-ago loss — one she’d already written about. Continue reading at The New York Times

[ The New York Times | 2023-06-15 09:00:49 UTC ]
More news stories like this | News stories tagged with: #lung cancer #memoir


APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year

The Audio Publishers Association finds in its annual report that audiobook sales generated $1.8 billion in the United States in 2022. The post APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-01 15:27:14 UTC ]
More news stories like this | News stories tagged with: #11th year #annual report #publishers association #audiobook


Kraft increases investment in its digital media mix with a focus on nostalgia and millennial parents

In addition to preparing television and sponsored ads, Kraft has also taken an interest in digital OOH and social media displays to account for how consumer shopping habits have changed. Continue reading at Digiday

[ Digiday | 2023-05-22 04:01:00 UTC ]
More news stories like this | News stories tagged with: #millennial parents #digital media


Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225mVice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price... Continue reading at The Guardian

[ The Guardian | 2023-05-15 09:23:50 UTC ]
More news stories like this | News stories tagged with: #vice news #vice tv #bankruptcy protection #$6bn 5bn #digital publisher


'New York Times' reports slower digital subscription growth and weakening ad revenue

The paper has been a bright spot for digital media despite falling ad revenue and a slowing growth rate for new subscribers Continue reading at Crains New York

[ Crains New York | 2023-05-10 18:44:39 UTC ]
More news stories like this | News stories tagged with: #bright spot #digital media