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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Walker Books Group has acquired global rights in YA title The Strange and Beautiful Sorrows of... Continue reading at The Bookseller
[ The Bookseller | 2012-08-17 00:00:00 UTC ]
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Hodder & Stoughton and St Martin's Press have acquired a new Roman crime series from... Continue reading at The Bookseller
[ The Bookseller | 2012-08-15 00:00:00 UTC ]
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Online retailer Amazon announces it sells more ebooks than hardbacks and paperbacks combined. Continue reading at BBC World
[ BBC World | 2012-08-06 00:00:00 UTC ]
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Professor Damian Walford Davies has been appointed chair of Literature Wales, following the... Continue reading at The Bookseller
[ The Bookseller | 2012-07-17 00:00:00 UTC ]
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A global publishing approach can take many forms. For Parragon Publishing, which started in the late 1980s as a conduit to get books into U.K. supermarket chains, the key is tailoring content that can roll out across borders in one fell swoop. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-07-13 00:00:00 UTC ]
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The sale to Buzzmedia, a portfolio of music and celebrity Web sites, calls into question Spin's future as a print publication. Continue reading at The New York Times
[ The New York Times | 2012-07-10 00:00:00 UTC ]
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Helen McAleer has been appointed to the newly created position of chief global development... Continue reading at The Bookseller
[ The Bookseller | 2012-07-04 00:00:00 UTC ]
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HarperCollins has set up a global publishing programme, HarperCollins 360, which aims to make... Continue reading at The Bookseller
[ The Bookseller | 2012-06-13 00:00:00 UTC ]
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Thomas Pynchon, author of “Gravity’s Rainbow” and “The Crying of Lot 49,” characteristically declined to speak about his decision. Continue reading at The New York Times
[ The New York Times | 2012-06-13 00:00:00 UTC ]
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Deputy c.e.o. of DK, John Duhigg, is to succeed Peter Field as global c.e.o. of DK at the... Continue reading at The Bookseller
[ The Bookseller | 2012-03-01 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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Simon & Schuster is to publish two new novels by Kishwar Desai, along with a re-release of... Continue reading at The Bookseller
[ The Bookseller | 2012-01-20 00:00:00 UTC ]
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The Atlantic Media Company names Kevin Delaney as editor-in-chief of its still untitled digital global business brand. Delaney brings over a decade of experience at The Wall Street Journal to this developing role. Continue reading at Folio Magazine
[ Folio Magazine | 2012-01-20 00:00:00 UTC ]
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Last year, when we asked publishers for their five bestselling ebooks over Christmas, we received lists full of frontlist bestsellers, with a handful of backlist hits in the mix. This year, we again approached publishers for the same lists—in most cases sales are only for December 25 and 26,... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-01-06 00:00:00 UTC ]
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Bangor Metro, a six-year old business, lifestyle and opinion magazine serving the Bangor, Maine region, will be sold next month to a group of investors within the city—principally Jack Cashman of Cashman Asset Management, a long-time Bangor businessman. Continue reading at Folio Magazine
[ Folio Magazine | 2012-01-05 00:00:00 UTC ]
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A few days after Amazon announced that the Steve Jobs biography was its top-selling book of 2011 (combined print and ebook sales), the book debuted on bestseller charts around the world, including the three countries highlighted this month. Steve Jobs was #3 in France and the Netherlands, and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-12-16 00:00:00 UTC ]
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The BBC's award for short fiction is to turn international for one year to celebrate the... Continue reading at The Bookseller
[ The Bookseller | 2011-12-09 00:00:00 UTC ]
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Publication Date: Wed, 09/11/2011 - 09:30 Japanese e-commerce firm Rakuten has acquired e-reading service Kobo for $315 million. The move follows Rakutens acquisition of internet retailer Play.com earlier this year for £25m in cash, as part of the companys European expansion plan. read more Continue reading at The Bookseller
[ The Bookseller | 2011-11-09 00:00:00 UTC ]
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Written By: Philip Jones Publication Date: Wed, 12/10/2011 - 13:41 English-language ebooks in non-traditional markets have become big business but publishers need to throw off the shackles of established business models to fully exploit the global marketplace. These were the messages greeting... Continue reading at The Bookseller
[ The Bookseller | 2011-10-12 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Mon, 10/10/2011 - 08:43 Leading US publishers are looking forward to this week's Frankfurt Book Fair, with both Simon & Schuster and Hachette bringing more editors than they did last year. Hachette US chairman and c.e.o. David Young will be... Continue reading at The Bookseller
[ The Bookseller | 2011-10-10 00:00:00 UTC ]
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