Former Microsoft CEO Steve Ballmer rides his replacement's success to $3 billion windfall

Microsoft's history books will undoubtedly remember 2014 as the year of Satya Nadella. But Steve Ballmer, his predecessor, is the one reaping the majority of the benefits of the new CEO's popularity. Sure, Nadella hit a $90 million jackpot when we took the top job at the world's second most valuable company. But Ballmer came out the real winner, as his massive holding of Microsoft stock is now worth $3 billion more than the day he was replaced. Ballmer announced he would give up the reins ahead… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2015-01-03 00:00:00 UTC ]
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Industry Sales Pegged At $27.2 Billion

Total book sales fell 2.5% in 2011, to $27.2 billion, according to the latest figures released by BookStats. Revenue was down in three of the four major segments measured by BookStats—k–12, higher education, and professional/scholarly—and up slightly in trade. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-07-20 00:00:00 UTC ]
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Cross-industry partnerships 'the future' after Love Charing Cross Road success

Foyles and Blackwell bookshops have reported sales and footfall increases following their... Continue reading at The Bookseller

[ The Bookseller | 2012-07-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #reported sales


M&B seeks Shades success with ebook shorts

Romance specialist Mills & Boon is to resissue 12 backlist titles as digital shorts with new... Continue reading at The Bookseller

[ The Bookseller | 2012-07-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital shorts


MPA President and CEO Nina Link Stepping Down End of 2012

The MPA announced today that its president and CEO, Nina Link, will be stepping down at the end of the year. Link has held the position for 13 years, longer than any MPA president in the organization's 93-year history. Continue reading at Folio Magazine

[ Folio Magazine | 2012-06-07 00:00:00 UTC ]
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Fairfax Digital CEO Role Scrapped

Jane Huxley is leaving Fairfax after her role as chief executive officer and publisher of digital was scrapped in a company restructure. The move is part of Fairfax Metro Media’s ongoing restructure to closer align print and online. Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-05-16 00:00:00 UTC ]
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Apple E-Book Lawsuit: Steve Jobs Swayed Publisher, Complaint Alleges

The complaint says that Jobs was enlisted to sell high-ranking officials in the publisher’s parent company on the wisdom of the proposed pricing scheme. Continue reading at PC World

[ PC World | 2012-05-15 00:00:00 UTC ]
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Keating to replace Brindley at British Library

One-time "The Late Show" editor Roly Keating has been appointed as the new chief... Continue reading at The Bookseller

[ The Bookseller | 2012-05-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #late show #british library


Barnes & Noble and Microsoft: A Win-Win?

The deal between Barnes & Noble and Microsoft gives both companies things they need—B&N receives a much-needed infusion of cash, while Microsoft gets another chance to participate in the consumer digital marketplace. In addition to the $300 million investment Microsoft has made to give... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-05-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #6% stake #international operations #barnes noble


Barnes & Noble's Nook e-readers getting NFC, says CEO

Now that all of that Microsoft-related news is out in the open, Barnes & Noble's CEO William Lynch is ready to talk about the future. Fortune sat down with him to discuss the deal and what's next for the Nook. The answer to the latter is, at least in part, near-field communication. The exec... Continue reading at Engadget

[ Engadget | 2012-05-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bestseller lists #physical books #barnes noble


BoSacks: No B.S. : The Real Secret to Publishing Success

By Robert M. Sacks In any given year, I give about a dozen “talks” about the publishing industry. Sometimes it is to interested companies and sometimes it is to the industry at large during publishing conventions... Continue reading at Publishing Executive

[ Publishing Executive | 2012-05-02 00:00:00 UTC ]
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Why Microsoft Nabbed the Nook

Microsoft's $300 million investment in Barnes & Noble's Nook e-reader and digital book subsidiary makes perfect sense, according to experts at Wharton and elsewhere. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2012-05-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #barnes noble #nook e-reader


Barnes & Noble Deal Signals New Microsoft Savvy

The deal with the maker of the popular Nook ebook reader shows that Microsoft, like Apple, understands that ecosystems are the key to success. Continue reading at PC World

[ PC World | 2012-05-01 00:00:00 UTC ]
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Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a... Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nook business #announcing plans


Youth Section Successfully Ignites Teenagers to Enjoy Newspaper

What connects teenagers and newspapers? For years, that has been quite a difficult question. It is uncommon to find teenagers reading the newspaper, as most would rather read comic books or do another activity. Newspapers, which are considered an ad ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-05-01 00:00:00 UTC ]
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Microsoft gambles $300m on e-readers

Microsoft is jumping into the fast-growing ebooks market by investing US$300 million in Barnes & Noble's Nook e-reader and university business, as it looks to unlock Amazon.com and Apple's grip on the exploding tablet computer market. Continue reading at Stuff

[ Stuff | 2012-05-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nook e-reader #barnes noble #$300 million


Microsoft And Barnes & Noble Announce Partnership For Ebooks

Microsoft and Barnes & Noble are announcing a new partnership to develop and sell educational ebooks on the Nook e-reader. Microsoft is investing $300 million in the subsidiary, while B&N will own the remaining 82 percent of it. (The new operation is being provisionally called "Newco,"... Continue reading at Fast Company

[ Fast Company | 2012-04-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nook app #key focus #nook e-reader #barnes noble #educational ebooks


Microsoft buys Nook stake; Barnes & Noble shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing ebooks market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nook e-reader #barnes noble


Microsoft finds a nook of its own in Barnes & Noble

Microsoft seems to have found an open window back into the ebook business, closing the door on an ongoing patent dispute with its new partner. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook business #barnes noble


'Significant expansion' for Nook as Microsoft invests $300m

Microsoft has invested $300m in Barnes and Noble, forming “a new subsidiary” of the... Continue reading at The Bookseller

[ The Bookseller | 2012-04-30 00:00:00 UTC ]
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Microsoft joins forces with Barnes

The software company announced it will invest $300 million in the bookseller's ebook and college bookstore ventures Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-30 00:00:00 UTC ]
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