Alexander Lebedev sounding out buyers for Independent titles

Any deal would exclude London Evening Standard, while separate sale of profitable i thought to be open to discussionAlexander Lebedev has asked the founder of the Independent to seek a buyer for the newspaper, its Sunday sister and their cut-price stablemate, the i, 28 years after the daily title was launched.Andreas Whittam Smith, recently appointed as chairman of the publishing company behind the three papers, has been asked to quietly sound out prospective suitors. The titles currently make a loss estimated at £10m a year.They have informally been available for a deal since late 2012, when Lebedev, a former KGB agent, stated publicly that he was looking for an investor to take a minority stake. However it is understood that Whittam Smith's new mandate includes seeking an outright sale of all, or parts, of the portfolio.Any deal would not include the London Evening Standard, which is 76.1% owned by Lebedev, or London Live, the paper's soon-to-launch TV channel for the capital.The jewel in the crown is the profitable i. It was launched in October 2010 and now has a circulation of 300,000. The company is thought to be open to discussions about selling the i separately. But it is not clear what impact its sale would have on the economics of the Independents.Plummeting sales have put the Independent titles in the most precarious position of all the UK's national newspapers.The Independent's average daily sale is about 68,000 copies, but only 50,000 are sold at the full... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-17 00:00:00 UTC ]

Other Publishing stories related to: 'Alexander Lebedev sounding out buyers for Independent titles'


Alexander Lebedev sounding out buyers for Independent titles

Any deal would exclude London Evening Standard, while separate sale of profitable i thought to be open to discussionAlexander Lebedev has asked the founder of the Independent to seek a buyer for the newspaper, its Sunday sister and their cut-price stablemate, the i, 28 years after the daily... Continue reading at The Guardian

[ The Guardian | 2014-01-17 00:00:00 UTC ]
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American publisher Levine promises ‘beloved’ titles from his new independent list

American publisher Arthur A Levine has launched the first titles fro his new independent children’s publisher Levine Querido in the UK. Levine founded Levine Querido last April after 23 years as the publisher of Scholastic Inc imprint Arthur A Levine Books. One of the driving forces that led him... Continue reading at The Bookseller

[ The Bookseller | 2020-10-14 12:12:21 UTC ]
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Independent titles slash losses by almost a third

Evgeny Lebedevs publishing company boosted by digital and cut-price i, as Evening Standards free strategy also pays offThe Independent, Independent on Sunday and 20p stablemate i slashed losses to less than £12m last year and are on track to fall below £5m this year. Continue reading... Continue reading at The Guardian

[ The Guardian | 2014-06-30 00:00:00 UTC ]
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Independent website could net Lebedevs millions in standalone sale

Digital division housed in separate company from loss-making print business which owners have been looking to sellThe Lebedevs, owners of the Independent titles, are keeping the papers' website in a separate company in a move that could allow a lucrative future sale of digital assets potentially... Continue reading at The Guardian

[ The Guardian | 2014-01-22 00:00:00 UTC ]
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The Independent seeks buyer

The Independent is up for sale. The paper's founder, and current chairman of its publishing company, Andreas Whittam Smith, has been authorised to seek out a buyer.The owners, Alexander Lebedev and his son, Evgeny, have been indicating for some time that they would be happy to dispose of the... Continue reading at The Guardian

[ The Guardian | 2014-01-16 00:00:00 UTC ]
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Independent booksellers refuse to stock Amazon titles

First Barnes & Noble, then Indigo Books and Music and Books-A-Million – now some indie bookstores are choosing not to add Amazon-published titles to their bookshelves. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-11-06 00:00:00 UTC ]
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Buyers slow to come forward for independent shops

Written By: Lisa Campbell Publication Date: Mon, 17/10/2011 - 08:20 At least 22 independent bookshops are currently for sale in the UK, with the recession, the climate of the bookselling market and the refusal of banks to lend money all being cited as causes for fewer properties exchanging... Continue reading at The Bookseller

[ The Bookseller | 2011-10-17 00:00:00 UTC ]
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Two Atlantic titles make Independent shortlist

Written By: Lisa Campbell Publication Date: Mon, 11/04/2011 - 14:00 Two titles from Atlantic feature on the "compelling" 2011 Independent Foreign Fiction Prize shortlist, revealed today (11th April) at London Book Fair. read more Continue reading at The Bookseller

[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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Do I Sound Asian? Do I Sound Gay? Curtis Chin on Finding His Voice While Narrating His Memoir

As my debut memoir plowed towards print publication, I suddenly remembered that my agents had negotiated the audio book rights with my publisher. Although I had the option to try out for the role of narrator (essentially to audition to be myself) my agents suggested that I should consider... Continue reading at Literrary Hub

[ Literrary Hub | 2023-10-23 08:50:26 UTC ]
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Independent bookstore owner invests in online bookstore famous for destroying independent bookstores.

Nancy Bass Wyden, owner of New York City’s Strand Bookstore—one of the largest independent bookstores in the country—purchased stock in Amazon three times between April 6 and May 1, totaling somewhere between $115,000 and $250,000, according to Barron’s. If you’ll recall this was a time period... Continue reading at Literrary Hub

[ Literrary Hub | 2020-06-05 16:29:38 UTC ]
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Rewarding Top-Selling Titles: 42 Titles on the ‘Nibbies’ Books of the Year Shortlist

The British Book Awards shortlist for the 2018 Books of the Year include top-selling titles and reader favorites across seven categories. Sales, literary merit, and publishing strategy will determine the final winners. The post Rewarding Top-Selling Titles: 42 Titles on the ‘Nibbies’ Books of... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-03-22 00:00:00 UTC ]
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Sound familiar? 'Stairway to Heaven,' 'Taurus' and other sound-alike songs

Sometimes the artists change, but the songs, well, they remain the same. A recent judge's decision to allow a copyright lawsuit over the opening bars of  "Stairway to Heaven" to proceed against Led Zeppelin et al. brings to mind other twinned tunes, some of which resulted in legal battles and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-04-14 00:00:00 UTC ]
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Independent and Independent on Sunday print closures confirmed

Owner Evgeny Lebedev says last print editions of newspapers will appear in late March as i title sold to Johnston PressEvgeny Lebedev has confirmed that the Independent and Independent on Sunday will cease printing, with the last editions to be published in late March.Lebedev, who also confirmed... Continue reading at The Guardian

[ The Guardian | 2016-02-12 00:00:00 UTC ]
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Paul Yamazaki on the Important, Joyous Work of Running an Independent Bookstore

Seminary Co-op booksellers and friends have held a number of conversations with legendary bookseller Paul Yamazaki throughout the past two years, in the intoxicating stacks of City Lights, perambulating the streets of San Francisco, and over whiskey tumblers deep into the night. With Paul we’ve... Continue reading at Literrary Hub

[ Literrary Hub | 2024-04-19 08:59:44 UTC ]
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Tattered Cover Courts Buyers, Asks to Delay Reorg Hearing

The owner and operator of Tattered Cover bookstores, has filed a motion with the U.S. Bankruptcy Court to reschedule a hearing on its reorganization plan in order to allow the owners to entertain and review offers to purchase the business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-01 04:00:00 UTC ]
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Storytel’s 2023 Report: The Sound of Sustainability

'One hour of listening to an audiobook on Storytel emits 2.3 grams of CO2e,' the Swedish subscription streamer today reports. The post Storytel’s 2023 Report: The Sound of Sustainability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-03-28 21:37:15 UTC ]
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24 Titles Compete for Barnes & Noble’s Children’s & Young Adult Book Awards

These 24 picture book, young reader, and young adult books are the finalists for this year's Barnes & Noble Children's and Young Adult Book Awards. Continue reading at Book Riot

[ Book Riot | 2024-03-27 13:10:40 UTC ]
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Fast-Growing Independent Publishers, 2024

The eight indie presses that made PW’s fast-growing list for 2023 thrived in a challenging business environment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-22 04:00:00 UTC ]
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ALA Reports Record Spike in Book Titles Challenged in 2023

In a release, ALA officials said that 4,240 unique book titles were reported challenged in schools and libraries in 2023, a stunning 65% increase over 2022, when 2,571 unique titles were targeted for censorship. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-14 04:00:00 UTC ]
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