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 ]
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The 99-year-old publishing company is being sold to private equity firm KKR for $1.62 billion. The original sale to PRH was for $2.2 billion. Continue reading at Book Riot
[ Book Riot | 2023-08-08 13:23:36 UTC ]
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The sale comes after Paramount failed to sell the book publishing giant to Penguin Random House. Iconic American publishing company Simon & Schuster has a new owner. On Monday, the publisher was acquired by private equity firm KKR in a $1.62 billion deal. Here’s what you need to know.Read... Continue reading at Fast Company
[ Fast Company | 2023-08-08 08:50:00 UTC ]
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Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying itSimon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that... Continue reading at The Guardian
[ The Guardian | 2023-08-07 21:05:30 UTC ]
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The new Global Bookselling Markets Report, published by the European and International Booksellers Federation, found that approximately half of the markets it monitors were on an upswing and that the other half were in decline. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-13 04:00:00 UTC ]
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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 ]
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Entire board resigns over actions of academic publisher whose profit margins outstrip even Google and AmazonMore than 40 leading scientists have resigned en masse from the editorial board of a top science journal in protest at what they describe as the “greed” of publishing giant Elsevier.The... Continue reading at The Guardian
[ The Guardian | 2023-05-07 07:00:16 UTC ]
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Sales rose 19% and earnings were up 16% at Simon & Schuster in the first quarter, and executives at parent company Paramount Global said there is a possibility the sale of the publisher could be completed this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
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Ms. Davis, who took charge of the food magazine at a time of turmoil, will head the publishing imprint she founded. Continue reading at The New York Times
[ The New York Times | 2023-04-25 21:59:44 UTC ]
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After a three-year stint at 'Bon Appetit,' the founder of 37 Ink will return to the imprint as senior v-p and publisher, and will also serve as an executive editor at the S&S trade imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-25 04:00:00 UTC ]
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On London Book Fair's final day, 'Translating in a Global Language' looked at vernacular dialects and Modern Standard Arabic. The post London Book Fair: Translation and Arabic as a ‘Global Language’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-04-21 17:27:58 UTC ]
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The garlanded short story author will release her next collection solely in bookshops and select independent online outlets to coincide with Bookshop DayPrize-winning author Lydia Davis’ new collection of short stories will not be sold on Amazon, with the author saying she does not “believe... Continue reading at The Guardian
[ The Guardian | 2023-04-19 10:05:07 UTC ]
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Strong North American manga sales in recent years have resulted in a vibrant and still-growing marketplace offering a wide range of manga and manga-adjacent pop culture content from around the world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-19 04:00:00 UTC ]
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The London-based educational publisher Pearson is designated today by Benetech as a 'Global Certified Accessible Publisher. The post Pearson Named A Benetech Global Certified Accessible Publisher appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-04-17 10:00:16 UTC ]
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The nonprofit Audio Publishers Association names its 2023 winners in 26 catetories from Audio Drama to Young Listeners. The post The Audie Awards 2023: Top Honor to Viola Davis appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-03-29 05:09:42 UTC ]
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At the Audio Publishers Association's first in-person Audie Awards ceremony since 2020, Viola Davis's 'Finding Me' took home the prize for Audiobook of the Year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-29 04:00:00 UTC ]
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Michael Weaver, senior vice president, business development and growth, Al Jazeera Media Network As the digital media industry has dedicated itself to more diverse, equitable and inclusive (DEI) practices, newsrooms have diversified their staffs and advertisers have followed suit, aiming to... Continue reading at Digiday
[ Digiday | 2023-03-02 15:43:20 UTC ]
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Viola Davis, one of the best actors of her generation, achieved EGOT status last night at the Grammys when she went home with the hardware for Best Audiobook (Narration and Storytelling), for reading her own memoir, Finding Me. (EGOT is when someone has won an Emmy, a Grammy, an Oscar, and a... Continue reading at Literrary Hub
[ Literrary Hub | 2023-02-06 15:16:55 UTC ]
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Viola Davis won a Grammy Award Sunday for the recording of her memoir, Finding Me. She has previously won an Emmy, Oscar and two Tony awards. Continue reading at CBC
[ CBC | 2023-02-05 22:33:19 UTC ]
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Netflix and Nielsen are marching closer toward measurement solutions for the streaming service's new ad-supported tier. Top line Today, the two companies announced they're expanding their partnership with a multiyear agreement allowing Nielsen to provide linear and streaming audience data... Continue reading at AdWeek
[ AdWeek | 2023-01-18 12:00:00 UTC ]
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