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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Kodansha owns the Otowa Group and is a stockholder in various broadcasters across Japan, and is believed to hold around 20% of the TBS Group's stock. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-27 00:00:00 UTC ]
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The Franz Cornelsen Education Group is a German education company that creates and distributes educational materials for a market spanning from pre-school education to vocational training. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-27 00:00:00 UTC ]
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Chatto & Windus is to “shortly” publish a book about Rupert Murdoch and phone... Continue reading at The Bookseller
[ The Bookseller | 2014-06-25 00:00:00 UTC ]
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In France, the popularity of French should fuel more translations and rights sales. In Germany, the book industry edges tentatively into the future. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-10 00:00:00 UTC ]
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Kenya's Kwani? expresses frustration at the reluctance of publishers from the "global north" to deal rights for co-editions or ebooks to publishers from Africa. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-06 00:00:00 UTC ]
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Bloomsbury is taking its international sales in-house for the first time, after 15 years of... Continue reading at The Bookseller
[ The Bookseller | 2014-06-03 00:00:00 UTC ]
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For Gourmand's new Beijing Cookbook Fair, launched this year, publishers came from around the world for a taste of China's and the world's $4bn cookbook market. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-05-30 00:00:00 UTC ]
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The gift of a simple red pencil gives a girl in war-ravaged Sudan the opportunity to express her feelings and overcome her grief. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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Simon & Schuster has partnered with Oyster and Scribd to offer subscriptions to its backlist... Continue reading at The Bookseller
[ The Bookseller | 2014-05-21 00:00:00 UTC ]
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Cartoonists from 21 countries and about 20,000 graphic novel fans attended the Toronto Comic Arts Festival and its satellite events last weekend. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-14 00:00:00 UTC ]
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France's literary market has great potential, yet big firms remain reluctant to learn the language of international rights tradingSix thousand languages are spoken worldwide, but few have a market for books. French is the fifth-largest language pool, coming after Chinese, English, Spanish and... Continue reading at The Guardian
[ The Guardian | 2014-05-13 00:00:00 UTC ]
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The Hay Festival and the BBC have linked up for a three-year global partnership which will see... Continue reading at The Bookseller
[ The Bookseller | 2014-05-01 00:00:00 UTC ]
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Oxford University Press is sponsoring a three-day conference, starting today (14th April),... Continue reading at The Bookseller
[ The Bookseller | 2014-04-14 00:00:00 UTC ]
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His new novel, "The Turning," may bring exactly that for T. Davis Bunn: a turning to a new platform and new audiences for his Christian suspense fiction. It will also provide him with a new medium--he'll be teaching lessons drawn from the book on Moody Radio, a unique opportunity for a novelist. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-31 00:00:00 UTC ]
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Two major players in online video advertising, Ebuzzing and Teads, are merging to create a new company with plans to list on the NASDAQ in 2015.Both companies are French, and have separately been developing "outstream" video advertising allowing the distribution of video advertising outside of... Continue reading at Advertising Age
[ Advertising Age | 2014-03-26 00:00:00 UTC ]
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For Michael Clinton, this harsh winter was a stroke of luck. While most New Yorkers huddled inside, the president-marketing and publishing director of Hearst Magazines went on 20-mile runs during storms.Why would he do such a thing? To prepare for a marathon -- in Antarctica. "It was a good... Continue reading at Advertising Age
[ Advertising Age | 2014-03-25 00:00:00 UTC ]
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Yen Press and Japanese gaming and manga publisher Square Enix have entered into a partnership to distribute Square Enix manga in digital editions internationally. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-24 00:00:00 UTC ]
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Random House imprint Vintage Books announces global sales of erotic thriller which started life as Twilight fan fictionOne-hundred-million copies of EL James's erotic trilogy, Fifty Shades of Grey, have now been sold around the world, her US publisher announced today.More than 27m of the books,... Continue reading at The Guardian
[ The Guardian | 2014-02-27 00:00:00 UTC ]
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As of this week, E.L. James's Fifty Shades trilogy has sold 100 million copies worldwide, and has spent 100 weeks on the "New York Times" bestseller list. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-26 00:00:00 UTC ]
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Mike Luckwell buys struggling title from Jon Moulton's private equity company, Better Capital, with plan to target over-50sReader's Digest has been sold for just £1 to Mike Luckwell, whose previous major investments have included Bob the Builder creator HIT Entertainment and WPP.Jon Moulton's... Continue reading at The Guardian
[ The Guardian | 2014-02-17 00:00:00 UTC ]
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