John Malone, the chairman of Liberty Media, explained why his company made a buyout bid for Barnes & Noble valuing it at $1 billion. The decision came down to Liberty's bid for Sirius and his outlook for Nook, he said. You might look at the experience we've had with Sirius XM, Malone told shareholders at a meeting in Denver on Monday. In 2009, Liberty acquired a 40 percent stake in Sirius XM in exchange for a $530 million investment. That stake is now worth more than $5 billion. It seems that Malone thinks that Barnes & Noble shares are similarly undervalued. Malone then pointed to Barnes & Nobles Nook e-reader as a possible source of future success, saying that as publishers grow wary of the dominance of Amazons Kindle, theyre more likely to offer their support to the rival Nook. Malone also thinks that Nook, which runs on Android software, could expand by becoming an e-reader platform for third-party devices. But he denied rumors that Liberty would push for synergy between the Nook and any of its existing properties, including Starz, LiveNation, and QVC. Malone said that he expects a decision from Barnes & Nobles board in the coming months, if not weeks. Continue reading at 'AdWeek'
[ AdWeek | 2011-05-24 00:00:00 UTC ]
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The government’s case blocked the merger of two of the United States’ largest publishers and reflected a more aggressive approach to curbing consolidation. It was closely watched by the publishing industry. Continue reading at The New York Times
[ The New York Times | 2022-11-01 01:28:52 UTC ]
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Wilkin was appointed after a six-month search and will succeed Erin Tripp, currently Interim Lyrasis CEO, who took the helm after CEO Robert Miller announced his departure in February. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
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Australian independent publisher’s application to strike out parts of Murdoch’s reply also failed ahead of defamation trialFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastLachlan Murdoch’s application to have... Continue reading at The Guardian
[ The Guardian | 2022-10-21 03:20:47 UTC ]
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In his memoir 'Beyond the Wand,' Tom Felton shares behind-the-scenes tales from the 'Harry Potter' franchise and chronicles his struggle with alcohol. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-10-18 20:19:47 UTC ]
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On September 21, hundreds gathered at the Cathedral of St. John the Divine to celebrate the life and work of writer Joan Didion, who died on December 23, 2021, at the age of 87. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-23 04:00:00 UTC ]
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"Please don't ban my books in my hometown," John Green concluded in the TikTok. "It's really upsetting for my mom." Continue reading at Book Riot
[ Book Riot | 2022-09-13 13:44:10 UTC ]
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Novelist and television script writer Michael Malone, 80, died of pancreatic cancer on August 19. Malone was one of the first established writers to be published under the Sourcebooks Landmark imprint launched in 2001. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-23 04:00:00 UTC ]
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He wrote best-selling mysteries and family sagas, and also examined homophobia and sexual assault as head writer of the soap opera "One Life to Live." Continue reading at The Washington Post
[ The Washington Post | 2022-08-23 02:01:50 UTC ]
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As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
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Here’s a quick look at some notable books—new titles from Jesse Ball, Jane Campbell, Julian Barnes, and more—that are publishing this week. Want to learn more about upcoming titles? Then go read our most recent book preview. Want to help The Millions keep churning out great books... Continue reading at The Millions
[ The Millions | 2022-08-16 09:59:02 UTC ]
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Madeline McIntosh argued that the publishing industry extends far beyond its biggest players, and that the government has focused on a tiny sliver of deals. Continue reading at The New York Times
[ The New York Times | 2022-08-15 22:30:20 UTC ]
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With oral arguments set to begin on August 1, the closely watched case holds major implications for a publishing industry grappling with consolidation and for government regulators facing growing calls for more vigilant antitrust enforcement. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-22 04:00:00 UTC ]
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Welcome to Day Two of Ad Age’s Cannes Today newsletter. Reading this online and want it delivered straight to your inbox? Sign up here. Joining us late? Catch up on Day One here.Netflix talks to Google about its ad plans “Netflix’s ad tech business is one of the hottest deals on offer in... Continue reading at Advertising Age
[ Advertising Age | 2022-06-21 20:59:38 UTC ]
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‘The Snake’ is a short story by the American author John Steinbeck (1902-68), published in The Monterey Beacon in 1935 before being included in Steinbeck’s collection The Long Valley in 1938. The story tells of a young scientist who is at work experimenting with animals in his laboratory when he […] Continue reading at Interesting Literature
[ Interesting Literature | 2022-05-26 14:00:50 UTC ]
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“Liarmouth” is about three generations of women in one family who plan to confront or kill one another. It also has a trampoline fun park. Continue reading at The New York Times
[ The New York Times | 2022-05-03 09:00:08 UTC ]
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John Gleeson’s “The Gotti Wars” is a memoir about what it took to jail America’s star gangster. Continue reading at The New York Times
[ The New York Times | 2022-04-29 20:03:55 UTC ]
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"Station Eleven" author Emily St. John Mandel explores time travel and the nature of reality. Continue reading at The Washington Post
[ The Washington Post | 2022-04-12 13:40:01 UTC ]
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Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer Continue reading at ABC News
[ ABC News | 2022-03-29 21:47:16 UTC ]
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"Sentient,” by Jackie Higgins, is a fascinating look at what discoveries from the animal kingdom tell us about human senses. Continue reading at The Washington Post
[ The Washington Post | 2022-03-21 12:00:57 UTC ]
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Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a... Continue reading at The Guardian
[ The Guardian | 2022-03-11 13:22:21 UTC ]
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