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 ]
Amazon's audiobook company Audible has agreed to delay parts of its disputed speech-to-text feature until permission and licensing issues are resolved. Continue reading at The Bookseller
[ The Bookseller | 2019-08-29 22:46:55 UTC ]
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Independent science fiction and fantasy publisher Baen Books has partnered with audiobook company RBmedia for an audiobook program. Under the agreement, the two companies will publish more than 170 audiobooks over the next three years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-28 04:00:00 UTC ]
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The Authors Guild is supporting the Association of American Publishers (AAP) as the organisation sues Amazon’s audiobook company Audible over a new speech-to-text feature. Continue reading at The Bookseller
[ The Bookseller | 2019-08-27 10:51:31 UTC ]
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Major US publishers have filed a lawsuit against Amazon's audiobook company Audible in a row over a new speech-to-text feature which they say is a violation of copyright law. Continue reading at The Bookseller
[ The Bookseller | 2019-08-26 15:42:06 UTC ]
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News Corp wants to give people an alternative to Google News and Apple News. The media company that owns Dow Jones Newswires and HarperCollins is working on its own news aggregation service, reported The Wall Street Journal. The service will be calle... Continue reading at Engadget
[ Engadget | 2019-08-22 21:14:00 UTC ]
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Actor Hayley Atwell will narrate the audiobook for The Confession by Jessie Burton, as Picador reveals plans for the launch campaign. Continue reading at The Bookseller
[ The Bookseller | 2019-08-22 03:35:34 UTC ]
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Actor Russell Tovey will read the audiobook for terminally ill playwright Joe Hammond’s forthcoming memoir, A Short History of Falling: Everything I’ve Observed About Love Whilst Dying. Continue reading at The Bookseller
[ The Bookseller | 2019-08-21 21:12:16 UTC ]
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Taron Egerton will narrate the audiobook edition of Elton John's forthcoming autobiography, Me. Continue reading at The Bookseller
[ The Bookseller | 2019-08-21 12:02:50 UTC ]
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Audible's push into original content now includes a team-up with a company best-known for its comic books and TV shows. The Amazon-owned audiobook service has struck a deal with Skybound, the team behind The Walking Dead, to create multiple Audible... Continue reading at Engadget
[ Engadget | 2019-08-13 18:43:00 UTC ]
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Scholar working on the show says the author’s estate has refused permission to depict any of the events shown in Peter Jackson’s filmsA JRR Tolkien expert working on Amazon’s forthcoming multi-series adaptation of The Lord of the Rings has claimed that the retail and streaming giant has been... Continue reading at The Guardian
[ The Guardian | 2019-08-09 15:27:18 UTC ]
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HarperCollins division HQ is to publish Rising Hope, an illustrated cookbook from Luminary Bakery, founded by Alice Williams. Continue reading at The Bookseller
[ The Bookseller | 2019-08-09 03:04:25 UTC ]
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Listen to an exclusive audiobook excerpt of Ruth Ware's new psychological thriller, THE TURN OF THE KEY, narrated by Imogen Church! Continue reading at Book Riot
[ Book Riot | 2019-08-06 10:33:59 UTC ]
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Audiobook and large-print publisher W F Howes has acquired the Dr Alexander Gregory trilogy by self-published author Louise Ross. Continue reading at The Bookseller
[ The Bookseller | 2019-08-04 18:27:22 UTC ]
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Nearly 100 million Americans will be hopping in the car for a road trip this year, according to AAA, with most of us embarking in the summer. A recent survey commissioned by the Audio Publishers Association reveals that 74 percent of audiobook readers prefer to read them in cars. Given those... Continue reading at Literrary Hub
[ Literrary Hub | 2019-08-02 08:50:47 UTC ]
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ormerly with Terre di mezzo and Mondadori, Giulia Rizzo moves to Harper Italia's children's division, credited with a 'fresh look and open mind.' The post HarperCollins Italia Names Rizzo to Lead Children’s; Mondadori-Reworld Deal Closes appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-08-01 21:05:58 UTC ]
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HarperCollins will publish a part-memoir, part-polemic book about the state of public discourse in Britain by former Biteback m.d. Iain Dale. Continue reading at The Bookseller
[ The Bookseller | 2019-07-30 23:23:27 UTC ]
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Carcanet Press is launching an audiobook series featuring recordings of poetry collections read by the authors themselves. Continue reading at The Bookseller
[ The Bookseller | 2019-07-30 14:17:40 UTC ]
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HarperCollins will publish two new titles by journalist and author Sophia Money-Coutts. Continue reading at The Bookseller
[ The Bookseller | 2019-07-30 08:09:25 UTC ]
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HarperCollins imprint 4th Estate will publish Whitesnake musician Bernie Marsden's memoir in November 2019. Continue reading at The Bookseller
[ The Bookseller | 2019-07-30 07:38:39 UTC ]
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Authors Jenny Eclair, Kit de Waal, Sally Gardner and Bali Rai have been made ambassadors for national audiobook charity Listening Books as it marks its 60th anniversary. Continue reading at The Bookseller
[ The Bookseller | 2019-07-29 18:56:21 UTC ]
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