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 ]
Interviews Born and brought up in Assam, Kaushik Barua is an emerging Indian English author. He completed his degree in economics from St. Stephen’s College, New Delhi, and then studied political economy at the London School of Economics. In his day... Continue reading at World Literature Today
[ World Literature Today | 2021-03-15 20:37:05 UTC ]
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Back in January 2018, freelance journalist Mason began work on a new novel in the little shed in her back garden in Sydney. She already had two books under her belt with HarperCollins Australia, a memoir of early motherhood—the brilliantly titled Say it Again in a Nice Voice—and her début novel... Continue reading at The Bookseller
[ The Bookseller | 2021-03-12 23:02:14 UTC ]
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The surge in digital audiobook sales has helped numerous publishers grow in the last few years, and perhaps none have benefitted more than Podium Audio. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-12 05:00:00 UTC ]
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Subscription service Scribd adds audiobook titles, opening with 'Black Imagination,' to its newly launched Scribd Audio brand. The post Scribd Announces an Audiobook Production Line, Highlighting Independent Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-09 14:00:22 UTC ]
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Former HarperCollins global c.e.o. Jane Friedman has joined Inkitt as an advisor and shareholder. Continue reading at The Bookseller
[ The Bookseller | 2021-03-05 09:36:47 UTC ]
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Penguin Random House Audio has launched Ahab, a global online casting platform for voiceover actors in any business. The platform was originally developed as an internal tool for PRH's audiobook producers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-04 05:00:00 UTC ]
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HarperCollins will be moving to a new purpose-built warehouse and office facility in Robroyston, Glasgow, when the lease at its current nearby site expires in 2025, the firm has announced. Continue reading at The Bookseller
[ The Bookseller | 2021-03-01 12:45:18 UTC ]
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Charlotte Ritchie, the star of “Ghosts” and “Feel Good”, will narrate the audiobook of Lia Middleton's debut thriller When They Find Her (Michael Joseph). Continue reading at The Bookseller
[ The Bookseller | 2021-02-28 22:42:39 UTC ]
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HarperCollins Children’s Books has signed a deal with Rob Biddulph for three more titles in his Draw With Rob series. Continue reading at The Bookseller
[ The Bookseller | 2021-02-26 11:23:02 UTC ]
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Simon & Schuster Children’s Books is to launch an audiobook partnership with the Daily Mail. It will also feature a retail tie-in with Waterstones, with a campaign fronted by children’s author and actor Ben Miller (pictured). Continue reading at The Bookseller
[ The Bookseller | 2021-02-24 18:49:20 UTC ]
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Interviews Michael Berry is a professor of Asian languages and cultures and director of the Center for Chinese Studies at UCLA. He has published extensive works on addressing the richness and diversity of Chinese art and culture in sinophone... Continue reading at World Literature Today
[ World Literature Today | 2021-02-24 15:28:04 UTC ]
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Last March, amid the myriad upheavals and uncertainties that marked early pandemic life, various scientists and public health officials started to model out how many cases and deaths we might be looking at in the long run, and the press, unsurprisingly, took great interest in their work. A team... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-02-23 13:34:38 UTC ]
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Skyhorse Publishing, the imprint behind director Woody Allen's memoir, is considering suing HBO for sampling its audiobook for a documentary series. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-02-22 22:46:48 UTC ]
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TV presenter and author Paul O'Grady has signed a “major” multi-book deal with HarperCollins for his debut children’s novel, Eddie Albert and the Amazing Animal Gang, the first in a planned series. Continue reading at The Bookseller
[ The Bookseller | 2021-02-17 19:53:37 UTC ]
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From stickers to mugs and awesome tees, show off your passion for listening with these sweet gifts for audiobook lovers. - Kelly Jensen Continue reading at Book Riot
[ Book Riot | 2021-02-17 11:33:00 UTC ]
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Why do some audiobooks have two versions with different or same narrator? Here’s what to do if undecided on picking an audiobook version. Continue reading at Book Riot
[ Book Riot | 2021-02-15 11:37:00 UTC ]
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Richard Armitage, Sheila Atim and Joseph Fiennes are starring in five new audiobook adaptations of stories from 2000 AD, including Judge Dredd and Halo Jones. Continue reading at The Bookseller
[ The Bookseller | 2021-02-14 17:22:53 UTC ]
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HarperCollins is donating 50,000 books to organisations supporting families during the Covid-19 crisis, including titles by Michael Morpurgo, Ant Middleton and David Walliams. Continue reading at The Bookseller
[ The Bookseller | 2021-02-11 05:16:31 UTC ]
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Audiobook company RBmedia has acquired Booka, a Barcelona-based audiobook publishing company, and its full catalog of Spanish language titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-02-11 05:00:00 UTC ]
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The digital distributor reports a rise in audiobook titles of 123 percent in 2020 over the previous year. Print-on-demand advanced 18 percent. The post Germany-Based Bookwire in 2020: Titles Up 11 Percent Over 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-02-08 05:46:46 UTC ]
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