#$1 billion

Publishing news tagged with #$1 billion


Bookselling Visionary Harry Hoffman Dies at 92

Harry Hoffman, the most powerful person in bookselling in the 1980s as the CEO of Waldenbooks, died on May 20 at age 92. Hoffman took over the 500-bookstore chain in 1979 and, when he retired in 1991, the chain had about 1,300 outlets and sales of over $1 billion. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-05-29 04:00:00 UTC ]
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M&A Update: Wainscot Acquires Two B2B Mags from Scranton Gillette

New Jersey-based Wainscot Media announced this week that it has acquired a pair of B2B healthcare industry magazines from Scranton Gillette Communications for an undisclosed sum. The 8x frequency Imaging Technology News and bimonthly Diagnostic and Interventional Cardiology, both of which trace... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-01-14 19:19:58 UTC ]
More news stories like this | News stories tagged with: #associate publisher #owners intend #retail outlets #retail partners #$1 billion


Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales

The new annual sales survey from the APA shows audiobooks holding its market lead for growth in formats, with listening in cars on the upswing in 2018. The post Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales appeared first on Publishing Perspectives. Continue reading at 'Publishing Perspectives'

[ Publishing Perspectives | 2019-07-16 17:07:26 UTC ]
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Founders of Instagram say they're leaving Facebook Inc.

The founders of Instagram announced in a surprise move Monday that they were leaving Facebook Inc. Kevin Systrom and Mike Krieger said they were “ready for their next chapter” and said they were grateful for the six years they spent at Facebook, which acquired the photo sharing app for $1... Continue reading at 'Los Angeles Times'

[ Los Angeles Times | 2018-09-25 00:00:00 UTC ]
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Meredith Sells Time Magazine to Salesforce Founder for $190 Million

After months of searching, Meredith Corporation has finally found a proper suitor for Time magazine. On Sunday, September 16, the company announced it has sold the legacy brand it acquired in January this year for $190 million in cash to Marc and Lynne Benioff. Marc Benioff is the founder,... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #developing story #good hands #global conversation #$1 billion


Canadian Bookseller Indigo Eyes a Move into U.S. for 2018

After booking C$1 billion in revenue in its most recent fiscal year, Canadian bookselling chain Indigo is looking to expand into the U.S. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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Bertelsmann Ups PRH Stake to 75%

Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-11 00:00:00 UTC ]
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Kik raises $50 million from China's Tencent to battle Facebook, hire in L.A.

Kik, a chat app that claims 40% of U.S. teenagers as users, announced a $50-million investment Tuesday from Chinese tech company Tencent that values the start-up at $1 billion. Continue reading at 'Los Angeles Times'

[ Los Angeles Times | 2015-08-19 00:00:00 UTC ]
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Amazon Is Raising The Cost Of Prime Membership

Analysts say the $20 bump, from $79 to $99, could add up to $1 billion to the company's revenue.Amazon Prime is a great deal. You get free two-day shipping on most of your packages, unlimited access to Amazon's growing trove of streaming movies and TV shows, and the ability to rent ebooks from... Continue reading at 'Fast Company'

[ Fast Company | 2014-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle library #tv shows #growing trove #unlimited access #$1 billion #prime membership


Class Plaintiffs: Apple Should Pay $840 Million in Damages

If the plaintiff number is granted, it would put the total damages in this ebook conspiracy at over $1 billion. Five publishers have already paid $166 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
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Vice named Ad Age's publishing company of the year

When Vice first appeared on Ad Age's Magazine A-List in 2010, it raised more than few eyebrows among industry stalwarts. For one thing, it was the first free-distribution magazine Ad Age had ever honored. And another thing—OK, the main thing—Vice is a cheerfully irreverent, quasi-rude... Continue reading at 'Crains New York'

[ Crains New York | 2013-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million copies #heavy metal #$1 billion #$175 million #distribution channels


Scribd CEO Aims for $1 Billion in Revenue from Ebook Subscriptions

Scribd formally launched ebook subscriptions today and the company CEO said he believes the service could eventually produce $1 billion in annual revenue. Continue reading at 'Publishing Perspectives'

[ Publishing Perspectives | 2013-10-02 00:00:00 UTC ]
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Microsoft may buy Barnes & Noble's Nook unit for $1 billion

According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture.According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the... Continue reading at 'Los Angeles Times'

[ Los Angeles Times | 2013-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #third-party devices #nook e-readers #barnes noble #nook media #digital assets #website techcrunch #$1 billion


Microsoft Mulling Nook Media LLC Purchase For $1 Billion

Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors, according to internal documents we’ve obtained. In this plan, ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2013-05-09 00:00:00 UTC ]
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Reports: Reader’s Digest, Wenner Media Up For Sale

Reader's Digest Association is on the block, seeking a price of around $1 billion, according to a report from The Wall Street Journal, which says the company may sell off piece by piece rather than as a whole. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2011-07-18 00:00:00 UTC ]
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Liberty Media Bids for Barnes & Noble [Voices]

Barnes & Noble Inc. said that Liberty Media Corp. has offered to buy the bookseller in a deal valuing it at about $1 billion. Barnes & Noble shares were up 20 percent in after-hours trading Thursday on the news, matching the $17-a-share offer price from John Malone's media empire. Continue reading at 'AllThingsD'

[ AllThingsD | 2011-05-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media empire #john malone #$1 billion #deal valuing #barnes noble


Liberty Media Bids for Barnes & Noble

Barnes & Noble Inc. said that Liberty Media Corp. has offered to buy the bookseller in a deal valuing it at about $1 billion. Barnes & Noble shares were up 20 percent in after-hours trading Thursday on the news, matching the $17-a-share offer price from John Malone's media empire. Continue reading at 'AllThingsD'

[ AllThingsD | 2011-05-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media empire #john malone #$1 billion #deal valuing #barnes noble