Thursday, January 14, 2010

Lonely Planet CEO Interview on paidContent: iTunes is now our number distributor of city guides

An interesting interview of Lonely Planet CEO Matt Goldberg by Rafat Ali over at paidContent. Is about 5 mins long and worth a listen. Highlights include:
  • Confirmation that Lonely Planet is profitable and growing. Digital business is growing at 40-50% year on year.
  • Digital sales now $20mm per year covering paid content, services, transaction fees, advertising and digial apps
  • One in five of LP's city guides are sold through iTunes. Easily largest single distributor
  • On Acquisitions "not the first thing we are thinking about"...but..."always open in areas of technology, audience or talent"
Here is an embedded version from paidContent.

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