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 ]
News tagged with:
#undisclosed amount
#ad world
#organic growth
Written By: Graeme Neill Publication Date: Wed, 21/09/2011 - 12:10 Play.com has been bought by Japanese e-commerce firm Rakuten for £25m in cash. The move is part of the company's European expansion plan, with Play.com the third company it has bought during the last two years. The deal is... Continue reading at The Bookseller
[ The Bookseller | 2011-09-21 00:00:00 UTC ]
More news stories like this |
With the global economy still struggling to get on a solid footing in 2010, the worlds largest publishers had a mixed performance in the year, although the majority of companies managed to post sales gains in the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#global publishing
#global economy
Written By: Philip Jones Publication Date: Fri, 17/06/2011 - 14:40 The world's largest publishers have begun growing again after weathering the global recession over the past three years, with Pearson once again emerging as top dog. According to the annual ranking of global publishing... Continue reading at The Bookseller
[ The Bookseller | 2011-06-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#largest publishers
#global recession
#annual ranking
#livres hebdo
#publishing revenues
#total revenues
Written By: Gayle Feldman Publication Date: Fri, 03/06/2011 - 08:50 Like much of our world, BEA has shrunk but also expanded. read more Continue reading at The Bookseller
[ The Bookseller | 2011-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#big ideas
#global brands
Written By: Lisa Campbell, Philip Jones and Graeme Neill Publication Date: Fri, 20/05/2011 - 08:50 Waterstone's has been sold to Alexander Mamut's A&NN Group for £53m. In a surprise move, James Daunt will run the bookseller as its managing director when the deal completes, with current... Continue reading at The Bookseller
[ The Bookseller | 2011-05-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#james daunt
#dominic myers
#lisa campbell
#philip jones
#alexander mamut
#ann group
#surprise move
In 2009, the number of self-published books released in the US exceeded the number of new titles from conventional publishers for the first time in history. Now, a similar pattern is emerging overseas. Until recently, costly transatlantic shipping, different trim sizes and business models, and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-04-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trim sizes
#business models
#foreign markets
#vice versa
Written By: Lisa Campbell Publication Date: Tue, 08/03/2011 - 16:00 Online bookseller Book Club Associates (BCA) has been sold to a retail home entertainment supplier. The Webb Group, which supplies retail home entertainment products including games, DVDs, music and gifts, announced the... Continue reading at The Bookseller
[ The Bookseller | 2011-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sells books
#webb group
#mail order
Written By: Lisa Campbell Publication Date: Fri, 18/02/2011 - 16:30 Book wholesaler Gardners has begun consulting with independent booksellers over the direction of its consumer website, with one option revealing that booksellers could earn as much as 30% when books are sold at their full RRP.... Continue reading at The Bookseller
[ The Bookseller | 2011-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#books sold
#independent booksellers
#begun consulting
#consumer website
Written By: Neill Denny Publication Date: Tue, 08/02/2011 - 09:08 Bloomsbury is adopting a global, internal structure designed to allow it to function better alongside worldwide operations like Google, Apple and Amazon, and react to increasingly globalised and homogenised consumer tastes. read... Continue reading at The Bookseller
[ The Bookseller | 2011-02-08 00:00:00 UTC ]
More news stories like this |
Written By: Charlotte Williams Little, Brown will be examining Britains industries with a title by Evan Davis, Dragons Den and Today programme presenter. Made in Britain will be published on 5th May as an £18.99 hardback, tying-in to a three-part BBC2 series of the same name, fronted by... Continue reading at The Bookseller
[ The Bookseller | 2011-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#charlotte williams
#intellectual property