Ziff Davis valuation is way up in the clouds. The tech-centric publisher has been sold to j2 Global, Inc., a business cloud services company, for $167 million, the companies announced today. The cash purchase is expected to yield j2 $60 million in 2013 revenues, said officials. Formerly a print powerhouse, Ziff Davis had reinvented itself in recent years as a digital publisher/e-commerce-oriented brand. As recently as 2008, Ziff still published PC Magazine in print. But after shutting down that magazine, Ziff found itself buried under heavy debt. In 2010, former Time Inc. executive Vivek Shah, with help from investment firm Great Hill Partners, purchased Ziff Davis for an undisclosed amount. Ziff is still focused on publishing; the company’s assets include PCMag.com, ComputerShopper, ExtremeTech, Toolbox.com and Geek.com. But CEO Shah has looked to reorient the company into a publisher that helps advertisers connect with customers, and preferably sell products. During Shah's tenure, Ziff rolled out BuyerBase, a tech targeting audience network, while acquiring the shopping site LogicBuy and the IT-driven lead generation company Focus Research. J2 said it plans to continue to operate Ziff Davis as a stand-alone company. The firm is not a stranger to the ad world. J2 currently sells and manages digital advertising via services like eFax Free and Campaigner. This acquisition brings scale to this effort with a top leadership team deeply committed to building the business... Continue reading at 'AdWeek'
[ AdWeek | 2012-11-13 00:00:00 UTC ]
AMC Entertainment’s streaming service is migrating its users to Vudu. The companies announced today that Vudu is “the official new streaming platform for consumers of AMC Theatres on Demand.”AMC launched its on-demand streaming service in 2019, and its popularity surged during pandemic-era... Continue reading at Engadget
[ Engadget | 2023-06-01 14:00:33 UTC ]
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Storytel, the international audiobook streaming company, is buying Audiobooks.com from KKR, owner of RBMedia, for an undisclosed amount. This marks the fast-growing company's entry into the English-language audiobook market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-14 05:00:00 UTC ]
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Personalised children’s book publisher Wonderbly has been acquired by private equity specialist Graphite Capital for an undisclosed amount. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 23:35:14 UTC ]
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Red Ventures, a platform of digital businesses, has acquired global travel media company and guidebook brand Lonely Planet from NC2 Media for an undisclosed amount. Continue reading at The Bookseller
[ The Bookseller | 2020-12-02 03:06:06 UTC ]
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An aerospace company is planning a $4 million expansion of its facilities in West Chester Township, officials announced this week. Barnes Aerospace, a division of Connecticut-based Barnes Group Inc. (NYSE: B), is adding 3,400 square feet of space to its existing Maintenance, Repair and Overhaul... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-05-06 10:45:00 UTC ]
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An aerospace company is planning a $4 million expansion of its facilities in West Chester Township, officials announced Wednesday. Barnes Aerospace, a division of Connecticut-based Barnes Group Inc. (NYSE: B), is adding 3,400 square feet of space to its existing Maintenance, Repair and Overhaul... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-05-01 16:08:55 UTC ]
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One of my greatest lessons at Flipboard has been that no two publishers are the same. While our business discussions typically revolve around two key areas—growth and monetization—there are so many paths to achieving both. In my role as Flipboard’s head of paid content partnerships, I have... Continue reading at Folio Magazine
[ Folio Magazine | 2020-03-02 19:29:48 UTC ]
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A year after its sale to private equity firm MidOcean Partners, Questex's path forward continues to take shape. The global B2B media and events firm revealed Tuesday that it has acquired a handful of events and digital brands from Informa plc—a move that CEO Paul Miller says aligns with the... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-05 19:51:20 UTC ]
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The publishing arm of ReaderLink has enjoyed solid gains over the past four years.that ended this September. Tasker has been with ReaderLink since 2015, when he joined as v-p and publisher of Silver Dolphin Books, and since that time, PRPG has expanded through a series of acquisitions, as well... Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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Netflix announced its first-ever acquisition, snapping up a comic-book publisher and pushing a strategy that has also been popular with major Hollywood studios for years: Superheroes.Netflix agreed to buy Millarworld, the publisher behind characters and stories like "Kingsman" and "Old Man... Continue reading at Advertising Age
[ Advertising Age | 2017-08-08 00:00:00 UTC ]
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San Francisco Giants reliever Hunter Strickland received a six-game suspension Tuesday and Washington’s Bryce Harper was penalized four games for their roles in a benches-clearing brawl a day earlier. Each also was fined an undisclosed amount, Major League Baseball announced Tuesday. Both players... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-05-31 00:00:00 UTC ]
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It would be understandable if Snap Inc. is feeling a little jittery as it closes the book on its first quarter as a public company today. The owner of the Snapchat messaging and media app has to show strong ad sales and a growing user base when it makes its report after the close of business.... Continue reading at Advertising Age
[ Advertising Age | 2017-05-10 00:00:00 UTC ]
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Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m). Continue reading at The Bookseller
[ The Bookseller | 2016-05-12 00:00:00 UTC ]
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This is an exciting time for Sharjah-based publisher Kalimat. Caroline Carpenter finds out more. Continue reading at The Bookseller
[ The Bookseller | 2016-05-04 00:00:00 UTC ]
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Tech firm Charles River Analytics is expanding in Cambridge as the company pursues a long-term plan for organic growth, a move that will result in roughly doubling its headquarters space by 2018. The company has renewed its lease at 625 Mount Auburn St. and also has plans to move into space... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2016-02-19 00:00:00 UTC ]
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Illustrated book publisher Quarto made “steady progress in 2014 despite a tough first half to the year”, c.e.o. Marcus Leaver has said in a trading update. Reporting on the year ending 31st December 2014, the publisher said that it had reduced debt and had seen “organic growth”. Continue reading at The Bookseller
[ The Bookseller | 2015-02-03 00:00:00 UTC ]
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Google's private programmatic exchanges can now book premium ad space like mastheads for brands. It is working with ABC to promote the new show Rising Star using an exchange that only places ads in prominent positions, ones that are not typically associated with automated buying. "This exchange... Continue reading at AdWeek
[ AdWeek | 2014-07-07 00:00:00 UTC ]
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The rise of programmatic advertising has wreaked havoc across digital media, giving media buyers far more leverage while pushing down the value of publisher inventory. It has also torn apart the traditional ad network business, which is one reason Federated Media, today announced it would stop... Continue reading at Advertising Age
[ Advertising Age | 2014-01-28 00:00:00 UTC ]
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Ziff Davis valuation is way up in the clouds. The tech-centric publisher has been sold to j2 Global, Inc., a business cloud services company, for $167 million, the companies announced today. The cash purchase is expected to yield j2 $60 million in 2013 revenues, said officials. Formerly a... Continue reading at AdWeek
[ AdWeek | 2012-11-13 00:00:00 UTC ]
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Bluff Media has been acquired by horse racing and entertainment company Churchill Downs Incorporated (CDI) for an undisclosed amount. Continue reading at Folio Magazine
[ Folio Magazine | 2012-02-15 00:00:00 UTC ]
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