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 ]
W F Howes is to release new audiobook versions of a "cult series of horror-genre" books, using 40-year-old recordings made by their original publisher The Eden Book Society. Continue reading at The Bookseller
[ The Bookseller | 2020-08-19 10:06:08 UTC ]
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HarperCollins imprint Thorsons has scooped a new book from Rhonda Byrne, author of global phenomenon The Secret. Continue reading at The Bookseller
[ The Bookseller | 2020-08-16 21:08:19 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. The hosts of the “Call Your Girlfriend” podcast are warm, open, and matter-of-fact narrators... Continue reading at Literrary Hub
[ Literrary Hub | 2020-08-14 08:44:10 UTC ]
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HarperCollins Children’s Books has revealed details of Future Friend, the “out of this world” new book from David Baddiel, with illustrations by Steven Lenton. Continue reading at The Bookseller
[ The Bookseller | 2020-08-13 16:15:53 UTC ]
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LinkedIn offloaded presentation-sharing service SlideShare to ebook and audiobook platform Scribd for an undisclosed price. The professional network acquired SlideShare for $118.75 million in May 2012. Scribd will begin operating SlideShare Sept. 24, managing accounts and content, and Scribd... Continue reading at AdWeek
[ AdWeek | 2020-08-12 14:55:00 UTC ]
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Do you always listen to audiobooks on a certain speed? Is it worth listening on double speed to get through twice as many books? Continue reading at Book Riot
[ Book Riot | 2020-08-11 10:39:00 UTC ]
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HarperCollins global revenues fell 4.4% in the financial year ending 30th June, including a 3% decline in the fourth quarter, according to figures from parent firm News Corp. Continue reading at The Bookseller
[ The Bookseller | 2020-08-07 14:12:09 UTC ]
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An improvement in fourth quarter profits for the period ended June 30, 2020, was not enough to prevent earnings for the full year at HarperCollins from dropping 15%, to $214 million. Revenue fell 5%, to $1.67 billion, compared to fiscal 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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HarperCollins has signed a history of Britain by Boris Starling with David Bradbury, told through figures from the Office for National Statistics. Continue reading at The Bookseller
[ The Bookseller | 2020-08-05 22:11:57 UTC ]
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HarperCollins has acquired Everyone Versus Racism—a book by Patrick Hutchinson, who was photographed carrying an injured white man during London's Black Lives Matter protests. Continue reading at The Bookseller
[ The Bookseller | 2020-08-04 17:18:36 UTC ]
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Lana Del Rey is releasing her forthcoming poetry collection, Violet Bent Backwards Over The Grass, on Tuesday, July 28 in digital form. In case you prefer your celebrity poetry spoken aloud, though, she has also recorded an audio version of the book, which will be released on vinyl, CD,... Continue reading at Literrary Hub
[ Literrary Hub | 2020-07-24 16:04:22 UTC ]
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Actor Chiwetel Ejiofor CBE will narrate the audiobook of Piranesi by Susanna Clarke. Continue reading at The Bookseller
[ The Bookseller | 2020-07-24 00:01:04 UTC ]
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[caption id="attachment_182909" align="alignright" width="150"] Dan Peres[/caption] Dan Peres is taking over Ad Age as its next editor-in-chief, succeeding Brian Braiker, who left in April after three years atop the masthead. Peres is best known as the former editor-in-chief of Details, a role... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-22 20:16:42 UTC ]
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[caption id="attachment_182909" align="alignright" width="150"] Dan Peres[/caption] Dan Peres is taking over Ad Age as its next editor-in-chief, succeeding Brian Braiker, who left in April after three years atop the masthead. Peres is best known as the former editor-in-chief of Details, a role... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-22 20:16:42 UTC ]
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From the leadership of PEN America, a HarperCollins release enters the summer's fray of free-speech debates amid charges of 'cancel culture.' The post Political Books: PEN America’s Suzanne Nossel ‘Dares To Speak’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-07-22 17:45:57 UTC ]
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Figures for last year show sales of £6.3bn, up 20% on 2015, but the Publishers Association says sector needs government support to weather coronavirusBook sales in the UK hit record levels in 2019, driven by a surge in audiobook and nonfiction titles, according to new figures released as... Continue reading at The Guardian
[ The Guardian | 2020-07-21 23:01:08 UTC ]
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Megan Dobson, a veteran of business and editorial posts with several HarperCollins Christian Publishing imprints, will take on children's books as v-p and publisher of the HCCP imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-16 04:00:00 UTC ]
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HarperCollins has acquired world all language rights to Wake Up: Why the ‘Liberal’ War on Free Speech is Even More Dangerous than Covid-19 by broadcaster and journalist Piers Morgan. Continue reading at The Bookseller
[ The Bookseller | 2020-07-15 12:44:18 UTC ]
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HarperCollins Children's Books is releasing How to Be More Paddington: A Book of Kindness, a gift book featuring inspirational quotes from Michael Bond's beloved bear alongside Peggy Fortnum’s original illustrations. Continue reading at The Bookseller
[ The Bookseller | 2020-07-13 19:21:03 UTC ]
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NetGalley has added audiobook support to its platform and launched its first app allowing members to read and listen to its content. Continue reading at The Bookseller
[ The Bookseller | 2020-07-13 18:47:51 UTC ]
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