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The Huffington Post booked about $15 million of revenue last year. Sales boss Greg Coleman thinks the company can double revenue this year to $30 million and double it again next year, to $60 million. And from there, as long as the site's traffic keeps growing, it's just a hop, skip, and jump to $100+ million.
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Closely allied to their print brethren, the sites will cost £1 a day, £2 for a week or absorbed in the cost of an annual newspaper subscription. Following our March pics, these new sneak peaks show a clean, breathy new site that oozes the same aesthetic as its printed forebear.
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But who will sell to the iBookstore? For independent publishers and small presses, Apple has anointed eight companies as aggregators. In other words, Apple will only do business with these eight companies for getting new inventory for the iBookstore from indie publishers.
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GQ, one of the first magazine titles to appear on the iPad, has sold 365 copies of its December 2009 Men of the Year issue, according to publisher Pete Hunsinger. The issue was priced at $2.99 per download — $2 less than the newsstand price — for a grand total of $1,091.35 in sales. Somewhat surprisingly, GQ appears to be pleased with this figure.“This costs us nothing extra: no printing or postage,†says Hunsinger. “Everything is profit, and I look forward to the time when iPad issue sales become a major component to our circulation.â€It seems developer fees did not enter into his cost calculations.
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Bingley said internal research showed that readers wanted online information during their work day but that print was enjoyed away from the office, so the print edition of Computing was changing to suit the needs of its audience.
He said: “We think the role of print is changing. Our research has suggested that our audience wants print publication to be more self-contained for ‘down time’.â€
Under the same programme of investment, Computing's new website will go live in the autumn, in what Bingley calls a “significant undertaking that is more than cosmeticâ€, with the recognition that web is the primary route for their audience.
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Associated Content has more than 16 million unique users per month, according to Comscore, and the editorial staff “reviews more than 50,000 pieces of content per month, including articles, images, audio and video,†according to the press release announcing the acquisition.