![]() “The Zed programme aligns very well with our existing publishing within I.B. ![]() "We are delighted to become the new guardian of the prestigious and progressive Zed list,” said Jonathan Glasspool, the managing director of Bloomsbury's Academic & Professional Division. The acquisition is expected to break even in its first year, before reorganisation and acquisition costs, then be earnings enhancing thereafter, with improved profit following the integration of the business into Bloomsbury. READ: Bloomsbury Publishing says full-year performance in line with its expectations, but unclear how coronavirus will affect current year Zed will operate within Bloomsbury's Academic & Professional division and is expected to contribute around £800,000 of revenue to Bloomsbury in its first year. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.īloomsbury Publishing PLC ( LON:BMY) has acquired certain assets of Zed Books, the London-based academic and non-fiction publisher.īloomsbury is to pay £1.75mln for the acquisition, of which £875,000 has been paid in cash upfront. Proactive will on occasion use automation and software tools, including generative AI. The team also has access to and use technologies to assist and enhance workflows. Our human content creators are equipped with many decades of valuable expertise and experience. Proactive has always been a forward looking and enthusiastic technology adopter. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. This is content that excites and engages motivated private investors. ![]() We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. All our content is produced independently by our experienced and qualified teams of news journalists. ![]() Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. ![]()
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