Open Road Media Gets $11M In Funding
E-book publisher and digital marketer Open Road Integrated Media announced that it has received $11 million in Series C equity financing, led by an $8 million investment from NewSpring Capital. This sum comes on top of contributions from existing investors Kohlberg Ventures, Azure Capital, and Golden Seeds.
Nielsen to Buy Two Bowker Book-Tracking Services
In a move that enhances its global print and e-book sales-tracking and analysis capabilities, Nielsen, the media and information-measuring service, is acquiring book data vendor R.R. Bowker’s Business Intelligence and Commerce Solutions product units. The deal will close in a month and gives Nielsen the ability to measure e-book sales in the U.S. and U.K., while also allowing it to track book volume and sales trends using a variety of demographic criteria.