Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the platform. Founded in 2008 by Portuguese billionaire José Neves, who now serves as the company’s CEO and co-chairperson, FarFetch received an early investment of £234 million ($293 million) from Condé, and in 2017, entered into an affiliate link-based partnership with the publisher in return 6% of its shares. But the publishing house, according to The Times, was disconcerted by the amount FarFetch was spending on its marketing strategy and has since gotten rid of its stake in the company. FarFetch, which makes its money by serving as an intermediary between retailers and consumers, and taking a 25% commission from each sale—similar to Net-a-Porter’s business model—is apparently seeing mounting losses. According to its 2019 Q1 report, the company’s gross merchandise value increased by 44% YOY to $415 million and it saw revenue earnings of $146 million, but its losses after tax rose to $109 million from the $50.7 million loss it saw in the same period last year. Condé chairperson Jonathan Newhouse also stepped down from FarFetch’s board of directors in March. Industry Dive Takes on the Banking Industry On Monday, Industry Dive, the Washington, D.C.-based B2B publisher that covers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
Clemency Burton-Hill’s audiobook of Another Year of Wonder (Headline Home) will be narrated by Academy Award winner Eddie Redmayne, with an introduction from Elizabeth Day. Continue reading at The Bookseller
[ The Bookseller | 2021-12-20 14:20:56 UTC ]
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Harriet Wilson will join Hachette Children’s Group (HCG) as publisher of fiction brands and classics, after more than a decade with HarperCollins Children’s Books. Continue reading at The Bookseller
[ The Bookseller | 2021-12-19 22:58:37 UTC ]
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HarperCollins has scooped Why is This Lying Bastard Lying to Me?, an insider account and debut by former BBC political programming editor Rob Burley. Continue reading at The Bookseller
[ The Bookseller | 2021-12-17 14:50:05 UTC ]
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HarperCollins is participating in "five days of giving" this week, to highlight the charities and causes it is supporting this Christmas. Continue reading at The Bookseller
[ The Bookseller | 2021-12-15 14:56:31 UTC ]
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It was a chance to finally get around to Tolstoy or Proust, but the charts tell a different story. Which books did we actually turn to in the lockdowns? • Let us know in the comments what you were reading Back in spring 2020, when it became clear that coronavirus wasn’t going away, book lovers... Continue reading at The Guardian
[ The Guardian | 2021-12-11 09:00:06 UTC ]
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Alongside Richard Osman and JK Rowling, figures show huge successes for relative unknowns Ellery Adams and Brenda ChapmanThe UK’s library users are widely seen as a traditional bunch when it comes to choosing their next read, but while Richard Osman might have topped the list of the year’s... Continue reading at The Guardian
[ The Guardian | 2021-12-08 16:34:37 UTC ]
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The decision by HarperCollins comes after the anchor was fired by CNN and exited his daily satellite radio talk show. Continue reading at The New York Times
[ The New York Times | 2021-12-07 22:18:47 UTC ]
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Each month, for your literary listening pleasure, our friends at AudioFile Magazine bring us the cream of the audiobook crop. Now, at the year draws to a close, they’ve rounded up the very best audiobooks of 2021. Happy listening and happy holidays! * FICTION Apples Never Fall by Liane Moriarty... Continue reading at Literrary Hub
[ Literrary Hub | 2021-12-06 09:53:47 UTC ]
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A debut novel by a HarperCollins UK editor goes to Putnam, former Washington quarterback Robert Griffin III sells a memoir to Atria, Random House buys NBA winner Tiya Miles’s latest, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-03 05:00:00 UTC ]
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Streaming audiobook brand sent invites to all major media holdings companies to field interest in managing its ads. Continue reading at Advertising Age
[ Advertising Age | 2021-12-02 14:44:34 UTC ]
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HarperCollins has completed its acquisition of Pavilion Books, finalising a deal it announced in October. Continue reading at The Bookseller
[ The Bookseller | 2021-11-30 17:04:04 UTC ]
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Today's dive into audiobook narrators features an Asian American former opera singer who has narrated over 250 books. Continue reading at Book Riot
[ Book Riot | 2021-11-30 11:30:00 UTC ]
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Nielsen's 'Understanding the UK Audiobook Consumer' sees the format's growth moving steadily forward in the British market. The post Nielsen’s Look at Audiobooks in the United Kingdom: ‘Curiosity, Multitasking’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-11-30 09:15:28 UTC ]
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The United Kingdom's audiobook sales show an eye-catching 71-percent jump, January to June this year over the same period in 2019. The post The UK’s Publishers Association Charts a ‘Steep Rise’ in Audiobook Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-11-28 17:52:33 UTC ]
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Russian state oil company Rosneft is discontinuing its remaining claim against HarperCollins over comments made in Catherine Belton's book Putin's People (William Collins). Continue reading at The Bookseller
[ The Bookseller | 2021-11-26 19:40:03 UTC ]
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Audiobook performances by talented narrators is wonderful, but an audiobook memoir read by its author gives such a personal touch. Continue reading at Book Riot
[ Book Riot | 2021-11-23 11:30:00 UTC ]
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Known to legions of radio listeners for her exuberant coverage of literature and culture, she was a self-described “resident nerd” at NPR. Continue reading at The Washington Post
[ The Washington Post | 2021-11-16 04:21:16 UTC ]
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Ms. Mayer reported on Comic-Con and contributed to Book Concierge, NPR’s literary recommendation tool. She gravitated toward science fiction, romance and fantasy. Continue reading at The New York Times
[ The New York Times | 2021-11-14 18:40:04 UTC ]
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Storytel, the international audiobook streaming company, is buying Audiobooks.com from KKR, owner of RBMedia, for an undisclosed amount. This marks the fast-growing company's entry into the English-language audiobook market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-14 05:00:00 UTC ]
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I used to imagine an Apple event where its c.e.o. Tim Cook would unveil a standalone audiobook app with exclusive audio-only titles available on subscription. Continue reading at The Bookseller
[ The Bookseller | 2021-11-12 06:30:02 UTC ]
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