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 news stories related to: "Woven Digital Raises $18 Million to Keep Pace With BuzzFeed, Vox, Vice"


The Atlantic and Vox Media made their own deal with the AI Devil

In the last few months, news organizations have leapt into bed with OpenAI, hatching Faustian bargains where the cash-strapped media industry exchanges a monetary pittance for OpenAI's right to scrape and integrate their content into things like ChatGPT. Those that have signed in blood include... Continue reading at Engadget

[ Engadget | 2024-05-29 16:21:28 UTC ]
More news stories like this | All news stories tagged with: #news corp #magazine publisher #spend time #chicago tribune #copyright infringement #sports illustrated


95% of Digital Media Emissions Come From Supply Chain Partners

How and where ads are placed has a huge impact on carbon emissions for digital media companies, a new report from carbon intelligence firm Cedara shows. The report, released today and shared exclusively with ADWEEK, uses data from Cedara clients to map the environmental... Continue reading at AdWeek

[ AdWeek | 2024-05-29 10:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital media #environmental impact #released today #carbon emissions #huge impact


Bloomsbury Buys Rowman & Littlefield Academic Division for $83 Million

In one bold move, the Bloomsbury accomplished two of its main goals for the year: adding to its academic holdings and expanding its presence in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-29 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #bloomsbury #main goals #bold move


OpenAI will reportedly pay $250 million to put News Corp's journalism in ChatGPT

OpenAI and News Corp, the owner of The Wall Street Journal, MarketWatch, The Sun, and more than a dozen other publishing brands, have struck a multi-year deal to display news from these publications in ChatGPT, News Corp announced on Wednesday. OpenAI will be able to access both current and well... Continue reading at Engadget

[ Engadget | 2024-05-22 21:46:16 UTC ]
More news stories like this | All news stories tagged with: #news corp #german publisher #$6 million #prisa media #die welt #business insider #dotdash meredith #announced partnerships #news industry #recent times #ai companies


BuzzFeed shares soar as Vivek Ramaswamy takes activist stake

BuzzFeed shares soared early Wednesday after the entrepreneur and former presidential candidate Vivek Ramaswamy reported a stake in the online media company and asked for talks with the board.Ramaswamy, who ended his candidacy in January and threw his support behind Donald Trump, has taken a... Continue reading at Crains New York

[ Crains New York | 2024-05-22 14:46:15 UTC ]
More news stories like this | All news stories tagged with: #hearst #pop culture #political campaign #latest move #presidential run #exchange commission


Reddit tops ranking of best digital media owner to work with

Survey asked agencies and digital specialists for their opinions on 28 media owners. Continue reading at Media Week

[ Media Week | 2024-05-22 00:01:00 UTC ]
More news stories like this | All news stories tagged with: #digital media


Books for Africa Hosts Rwandan Ambassador, Raises Funds to Ship Donated Books

Books for Africa celebrated shipping 60 million donated books to all countries on the African continent since 1988 at its annual fundraiser, held May 10. During her presentation, guest speaker Mathilde Mukantabana, Rwanda's ambassador to the U.S., stressed how difficult it still is for many... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-14 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #african continent


Bookwire Releases a Report on Spanish-Language Digital Book Markets

Representing Bookwire customers in Spanish-language markets, this report finds strong performance of both ebooks and audiobooks. The post Bookwire Releases a Report on Spanish-Language Digital Book Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-13 21:33:03 UTC ]
More news stories like this | All news stories tagged with: #digital book #ebooks #spanish-language markets


Norton Sues Follett, Alleging Millions in Past Due Payments

In an April 17 complaint, the publisher alleges that Follett Higher Education could owe the publisher more than $9 million by May 1, for both print and digital content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-24 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital content #$9 million


Lit Hub Daily: April 18, 2024

“It always says the same thing: the vast majority of writers don’t earn enough from writing to make a decent living.” David Hill reflects on writing as labor. | Lit Hub Memoir Ethel Rohan on writing about grief: “For most of my life, I’ve suffered in shame and silence while the men who hurt me […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-04-18 10:30:29 UTC ]
More news stories like this | All news stories tagged with: #memoir #vast majority


Arrests made a year after gold and cash worth millions were stolen at Toronto airport

Authorities in Canada say they have made arrests in the theft of a cargo container that included gold and other items worth over 20 million Canadian dollars — about $14.5 million — that were stolen from Toronto’s Pearson International airport a year ago Continue reading at ABC News

[ ABC News | 2024-04-17 01:10:08 UTC ]
More news stories like this | All news stories tagged with: #pearson #toronto airport


IPA, EIBF Raise Alarms Over Hong Kong’s New Security Law

The International Publishers Association and the European Booksellers Federation warn of pressured freedoms in Hong Kong. The post IPA, EIBF Raise Alarms Over Hong Kong’s New Security Law appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-16 23:28:59 UTC ]
More news stories like this | All news stories tagged with: #publishers association #hong kong #post ipa


World Book Day: German Publishers Expect to Give Books to 1.1 Million Kids

The publishers and booksellers of Germany are developing a special 2024 World Book Day campaign for April 23. The post World Book Day: German Publishers Expect to Give Books to 1.1 Million Kids appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-08 20:04:30 UTC ]
More news stories like this | All news stories tagged with: #world book #give books


Ebook, Digital Audiobook Use Up 286% in K-12 Schools Since 2019; 20% since 2022

Ebook and digital audiobook use by kindergarten through 12th grade students has exploded in popularity, up 20% since 2022, 286% since 2019. Continue reading at Book Riot

[ Book Riot | 2024-04-03 14:54:32 UTC ]
More news stories like this | All news stories tagged with: #audiobook #k-12 schools


Emirates Publishers Association Issues 10-Million-Dirham Fund

Reaching its 15th anniversary, the Emirates Publishers Association opens a 10-million-dirham fund that includes a business incubator. The post Emirates Publishers Association Issues 10-Million-Dirham Fund appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-02 13:37:26 UTC ]
More news stories like this | All news stories tagged with: #publishers association #15th anniversary


OCLC Acquires CloudLibrary Digital Content Platform

Nonprofit library technology cooperative OCLC, the company behind WorldCat, has acquired CloudLibrary, a technology platform offering patrons access to digital content through libraries, from library e-book vendor Bibliotheca. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-02 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital content #e-book


How Hearst Magazines is using its digital membership model to grow its e-commerce marketplace business 

Hearst's Sheel Shah took the stage at the Digiday Publishing Summit to speak about why its marketplace business is focusing on authority. Continue reading at Digiday

[ Digiday | 2024-03-27 04:01:00 UTC ]
More news stories like this | All news stories tagged with: #hearst #publishing summit #sheel shah #hearst magazines


Lit Hub Weekly: March 18 – March 22, 2024

“The routine was not all that remarkable for her, but from the outside looking in, it felt momentous.” Mia Manzulli considers proximity, distance, and living next to Joyce Carol Oates. | Lit Hub Memoir “Octopuses had been known to demonstrate rudimentary intelligence, but Mather recognized this... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-23 10:30:23 UTC ]
More news stories like this | All news stories tagged with: #memoir


Book Deals: Week of March 18, 2024

Morrow takes Omid Scobie and Robin Benway’s ‘Royal’ debut, Chris Wallace takes election tome to Dutton, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-15 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #book deals


This Week’s Bestsellers: March 18, 2024

Romance authors Kennedy Ryan and Lyla Sage follow their popular series openers with strong sophomore entries. Plus Brandon Sanderson’s latest Kickstarter success hits our list, and YA author Amy Tintera makes her adult—and Good Morning American Book Club—debut. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-15 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #brandon sanderson