Digital division housed in separate company from loss-making print business which owners have been looking to sellThe Lebedevs, owners of the Independent titles, are keeping the papers' website in a separate company in a move that could allow a lucrative future sale of digital assets potentially worth millions.Andreas Whittam Smith – the recently appointed chairman of Independent Print Limited, the publishing company behind the Independent, Independent on Sunday and 20p stablemate i – has been given the task of quietly sounding out potential buyers for the loss-making titles by proprietors Alexander and Evgeny Lebedev.However, arguably the newspapers' most valuable assets – digital properties including independent.co.uk, with 28 million monthly users – are housed in a separate company, Independent Digital News and Media Limited (IDNML).IDNML has just two directors, Evgeny Lebedev, who holds a 57% stake, and Justin Byam Shaw, who controls 38%.Former London Evening Standard editor Geordie Greig – now editing the Mail on Sunday – brought in Byam Shaw, whom he referred to as a "serial entrepreneur", to help negotiate the sale of the majority stake in the Standard from owner Associated Newspapers on behalf of the Lebedevs.The ring fencing of what is understood to be profitable online assets creates more options for the Lebedevs, as any potential buyer of the Independent newspapers would have to enter a separate negotiation to secure the digital assets.This ownership structure... Continue reading at 'The Guardian'
[ The Guardian | 2014-01-22 00:00:00 UTC ]
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Google said the program, which allowed independent bookstores to sell ebooks through their Web sites, was not a success. Bookstores said it was a valuable platform that allowed them to give customers something they wanted. Continue reading at The New York Times
[ The New York Times | 2012-04-06 00:00:00 UTC ]
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The nation's independent bookstores got another bit of bad news Thursday: Google Inc.is closing the books on them. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-06 00:00:00 UTC ]
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$1.5 million worth of Harry Potter books sold in Pottermore's first three days online. Continue reading at AllThingsD
[ AllThingsD | 2012-04-05 00:00:00 UTC ]
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A London book market founded by independent booksellers is to launch in Hackney, selling new and... Continue reading at The Bookseller
[ The Bookseller | 2012-04-05 00:00:00 UTC ]
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Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine
[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine
[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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The Group c.e.o of Hachette UK, Tim Hely Hutchinson, has told authors that substantial... Continue reading at The Bookseller
[ The Bookseller | 2012-03-30 00:00:00 UTC ]
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The Harry Potter ebooks will go on sale exclusively from the Pottermore website from midday... Continue reading at The Bookseller
[ The Bookseller | 2012-03-27 00:00:00 UTC ]
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The "Harry Potter" series, which has conquered mediums from books to movies, is finally available in ebook format. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-03-27 00:00:00 UTC ]
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It didn't take a Hogwarts magician to know this day would eventually come. The bookstore feature of J.K. Rowling's Pottermore website went live Tuesday, enabling English-language readers to buy the digital editions of all seven Harry Potter novels—and the audiobook editions—from anywhere in the... Continue reading at AllThingsD
[ AllThingsD | 2012-03-27 00:00:00 UTC ]
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By encouraging readers to tackle longer, more sophisticated novels, the queen of daytime TV may have hurt overall fiction sales. Continue reading at The Atlantic
[ The Atlantic | 2012-03-20 00:00:00 UTC ]
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Frederick Warne has teamed up with digital design agency tictoc to relaunch the Peter Rabbit... Continue reading at The Bookseller
[ The Bookseller | 2012-03-20 00:00:00 UTC ]
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E-bookseller Kobo plans to grow device sales in the UK with a strong marketing push towards the... Continue reading at The Bookseller
[ The Bookseller | 2012-03-15 00:00:00 UTC ]
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This year’s crop of eight £1 World Book Day titles were once again the bestselling... Continue reading at The Bookseller
[ The Bookseller | 2012-03-14 00:00:00 UTC ]
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Print book sales were down 13% (£15m) to £98m year-on-year in February, according to... Continue reading at The Bookseller
[ The Bookseller | 2012-03-06 00:00:00 UTC ]
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Book sales soared £1.9m week on week last week, with the children's sector benefitting... Continue reading at The Bookseller
[ The Bookseller | 2012-03-06 00:00:00 UTC ]
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Comag Marketing Group, the national magazine distributor jointly owned by Hearst and Condé Nast, has been sold to the Jim Pattison Group. The deal signals the exit of the two publishers from the magazine distribution business and is being positioned as an effort to heal a newsstand supply chain... Continue reading at Folio Magazine
[ Folio Magazine | 2012-03-01 00:00:00 UTC ]
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The Booksellers Association is in “advanced” talks with two companies over an ebook... Continue reading at The Bookseller
[ The Bookseller | 2012-03-01 00:00:00 UTC ]
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Penguin has reported sales of £1.04bn in 2011, growing 1% on an underlying basis, though... Continue reading at The Bookseller
[ The Bookseller | 2012-02-27 00:00:00 UTC ]
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Sales of children's books rocketed 30% week-on-week as the spring half-term break resulted in... Continue reading at The Bookseller
[ The Bookseller | 2012-02-21 00:00:00 UTC ]
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