Borders secures funding but doubts remain over future

Written By: Graeme Neill Borders has finally secured an agreement for fresh funding, with GE Capital providing $550m of new cash, but only if publishers stump up $125m. Publishers Weekly reports the troubled retailer has said for the first time that it doesn't rule out the possibility of bankruptcy. It said publishers are also "extremely reluctant" to exchange missed payments for notes. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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HBG Offices to Remain Closed Until Further Notice

HBG CEO Michael Pietsch said that the publisher will not reopen its Manhattan and other offices until further notice and that company employees will receive a six week notice ahead of any office reopenings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Emma Straub on the Future of Indie Bookstores

Emma Straub is a New York Times bestselling author and owner of the beloved independent bookstore, Books Are Magic in Brooklyn. Her latest novel, All Adults Here, explores the complexity of love for your family, the love for yourself, and for the town you grew up in. The story revolves around... Continue reading at Electric Literature

[ Electric Literature | 2020-07-30 11:00:00 UTC ]
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'Apply for latest ACE funding', Crown urges industry

The director of literature for Arts Council England has urged all industry organisations who are "at risk of no longer trading viably" to apply for the government's latest emergency arts funding. Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 02:43:14 UTC ]
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Creative Future names 2020 Writers' Award winners

Grief, male sexuality and the plight of pets in Covid-stricken Wuhan are some of the subjects of the 12 winning entries in the Creative Future Writers’ Award, chosen by judges including author Kerry Hudson and poet Anthony Anaxagorou. Continue reading at The Bookseller

[ The Bookseller | 2020-07-27 13:08:30 UTC ]
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Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News

[ ABC News | 2020-07-25 15:28:47 UTC ]
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When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business

Legacy media companies, particularly those with print products, are often told they should learn from digital startups who have allegedly disrupted norms and transformed the industry through innovation and a new, creative mindset. While this is true in some instances, there are plenty of... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-23 16:07:41 UTC ]
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When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business

EVP of revenue, Elizabeth Webbe Lunny, talks business development, management philosophies and the future of her company and publishing. The post When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-23 16:07:41 UTC ]
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When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business

Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around working with license holders to repackage archival sports, hopes to invest more in... Continue reading at AdWeek

[ AdWeek | 2020-07-22 14:00:38 UTC ]
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In Europe, Efforts at Pandemic Relief for Publishing; New Funds for Authors

Industry notes: The Federation of European Publishers is backing efforts to see the cultural sector included in EU Special Council meetings, while Bonnier donates to open a ‘Reading Fund’ in Germany. By Porter Anderson, Editor-in-Chief | @Porter_Anderson FEP’s Manifesto: ‘European Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-17 17:40:53 UTC ]
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Powell's Bookstores Remain Closed, Owner Concerned

The owner of Powell's Books, with five locations in Portland, Ore., says the stores will remain closed due to health concerns, and noted that once the company's PPP loan runs out, it will face "painful choices." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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Library Supporters Urge Action on Bill to Provide Relief Funding for Public Libraries

With the August recess looming and a second round of coronavirus relief in the works, $2 billion in funding for libraries hangs in the balance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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Writers and artists call for EU funds to protect European culture

Artists including writer Nina George and singer Björk have called for the European Council to provide extra funding for Europe's cultural sector following the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-07-15 03:48:46 UTC ]
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Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
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Guildford Book Festival appeals for funds

The Guildford Book Festival is appealing for funds for the first time in its 31-year history, after learning the Covid-19 pandemic could make this October's edition its last. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 01:35:14 UTC ]
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In ‘Becoming Duchess Goldblatt,’ a Twitter celebrity is ready for her close-up — but her creator remains a mystery

“Becoming Duchess Goldblatt” blends a fictional character’s signature wit with an author’s real grief. Continue reading at The Washington Post

[ The Washington Post | 2020-07-08 15:28:33 UTC ]
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ACE reveals it has granted nearly £2.5m to 'literature' sector in emergency fund

Arts Council England has revealed its emergency response funding breakdown, with a £2,463,882 grant to the successful individuals and organisations that applied from the literature discipline. Continue reading at The Bookseller

[ The Bookseller | 2020-06-15 18:27:48 UTC ]
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Coronavirus Response: Bodour Al Qasimi Launches Emirates Publishers Emergency Fund

Looking to 'safeguard publishers' in the COVID-19 crisis, Bodour Al Qasimi and the Emirates Publishers Association announce new aid for the UAE industry. The post Coronavirus Response: Bodour Al Qasimi Launches Emirates Publishers Emergency Fund appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-10 13:32:39 UTC ]
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'Talent and potential' of young people in sector marked by 2020 Print Futures Awards

Forty-four young people have scooped grants of up to £1,500 each in The Printing Charity’s 2020 Print Futures Awards for people aged 18 to 30 in the UK printing, paper, publishing, packaging and graphic arts sector. Continue reading at The Bookseller

[ The Bookseller | 2020-06-09 01:04:03 UTC ]
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