John Malone Explains Barnes & Noble Bid

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 & Noble’s Nook e-reader as a possible source of future success, saying that as publishers grow wary of the dominance of Amazon’s Kindle, they’re 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 & Noble’s board in the coming “months, if not weeks.” Continue reading at 'AdWeek'

[ AdWeek | 2011-05-24 00:00:00 UTC ]
News tagged with: #future success #amazons kindle #e-reader platform #third-party devices #existing properties #coming months

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John Lewis sued by self-published children’s author over Christmas ad

Fay Evans alleges a ‘striking similarity’ between the 2019 Excitable Edgar TV campaign and her 2017 book Fred the Fire-Sneezing DragonThe author of a self-published children’s book about a dragon that causes havoc with its fiery sneezes is suing John Lewis over its 2019 Christmas ad about a... Continue reading at The Guardian

[ The Guardian | 2021-11-16 14:46:45 UTC ]
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Why was ‘The Office’ so successful? Kevin Malone, aka Brian Baumgartner, seeks answers in a new book

In “Welcome to Dunder Mifflin,” Baumgartner and producer Ben Silverman explore the iconic Scranton workplace Continue reading at The Washington Post

[ The Washington Post | 2021-11-13 13:00:00 UTC ]
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John Blake lands 'shocking' memoir from ex-head of UFO programme

Bonnier Books UK imprint John Blake has landed a “shocking” memoir by Luis Elizondo, the former head of the US government’s highly sensitive UFO programme. Continue reading at The Bookseller

[ The Bookseller | 2021-11-12 02:01:18 UTC ]
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On John Agard

This week, John Agard became the first poet to win the BookTrust lifetime achievement award. Here, judge Frank Cottrell-Boyce pays tribute to him. Continue reading at The Bookseller

[ The Bookseller | 2021-11-11 23:33:59 UTC ]
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John Agard wins BookTrust’s Lifetime Achievement Award

BookTrust will today (9th November) present John Agard with this year’s Lifetime Achievement Award at a ceremony in London.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-08 03:20:40 UTC ]
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John Hitchin obituary

My father, John Hitchin, who has died aged 88, was a marketing and publicity specialist in the publishing industry who spent three decades with Penguin Books, where he was responsible for a number of innovations, including the first paperback gift set and the first display “dump” bin. As... Continue reading at The Guardian

[ The Guardian | 2021-10-28 19:33:32 UTC ]
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Watkins Media owner Ifield buys John Hunt Publishing

Entrepreneur Etan Ilfeld, owner of the Watkins Media Group, has bought John Hunt Publishing (JHP) for an undisclosed sum.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-24 22:51:13 UTC ]
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Nicholas Kristof Leaves The New York Times as He Weighs Political Bid

Mr. Kristof, a two-time Pulitzer Prize winner, is weighing a run for governor of Oregon, the state where he grew up. Continue reading at The New York Times

[ The New York Times | 2021-10-14 12:08:45 UTC ]
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John Murray pre-empts Lichtarowicz's Soviet-set novel on exclusive submission

Paula Lichtarowicz's latest novel, inspired by her grandmother's life, has gone to John Murray in a pre-empt. Continue reading at The Bookseller

[ The Bookseller | 2021-10-13 13:23:16 UTC ]
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John le Carré left behind a novel, ‘Silverview.’ Does it live up to the spy master’s reputation?

The best-selling writer’s new book, published 10 months after his death at age 89, delivers a thought-provoking story — and a warning. Continue reading at The Washington Post

[ The Washington Post | 2021-10-13 11:00:00 UTC ]
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Rooney turns down Hebrew translation bid over Palestine stance

Sally Rooney has turned down a bid from an Israeli publisher to translate her most recent novel, Beautiful World, Where Are You, into Hebrew, due to her stance on the conflict in Palestine. Continue reading at The Bookseller

[ The Bookseller | 2021-10-12 12:12:35 UTC ]
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Book Review: ‘Silverview,’ by John le Carré

“Silverview” features a young bookstore owner in an English seaside town, caught up in an investigation involving two cunning spymasters. Continue reading at The New York Times

[ The New York Times | 2021-10-11 09:00:03 UTC ]
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Hearst launches blimp in the metaverse in a bid to show advertisers virtual co-branded opportunities

Hearst builds a Youth + Wellness Group Airship to show advertisers potential opportunities for virtual, co-branded experiences that can reach young female gamers. The post Hearst launches blimp in the metaverse in a bid to show advertisers virtual co-branded opportunities appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-10-08 04:01:00 UTC ]
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David C Cook’s New CEO John Aden is Ready to Go

Former Walmart senior executive John Aden discusses opportunity, purpose, and plans for his new role as president and CEO of David C Cook, a Christian publisher and music company in Colorado Springs, Colo., Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-07 04:00:00 UTC ]
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The Morning After: Facebook's October 4th outage, explained

We’ll get into why Facebook saw its entire business fall off a cliff on Monday, but first: e-readers.It’s a device category we don’t see much development in — probably because it’s very much a device for reading text and not much else. Amazon’s Kindle, thanks to its powerful online e-book store,... Continue reading at Engadget

[ Engadget | 2021-10-06 11:15:08 UTC ]
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John Lewis’s final meditations on activism, spirituality, politics and love

From a civil rights icon, reflections on history and advice for today’s activists. Continue reading at The Washington Post

[ The Washington Post | 2021-10-01 12:00:00 UTC ]
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Obituary: John Ziccardi, 78

John Ziccardi, who led national sales efforts at Bantam and Bantam Doubleday Dell, died September 27. He was 78. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-30 04:00:00 UTC ]
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John Murray signs Gallen's Factory Girls

John Murray senior commissioning editor Becky Walsh has acquired Michelle Gallen's second novel Factory Girls.  Continue reading at The Bookseller

[ The Bookseller | 2021-09-28 04:02:44 UTC ]
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This book explains actually helpful actions you can take to fight climate change

You may be sick of hearing over and over to recycle more or use a reusable bag. A new book called ‘Regeneration’ explains how you can support the changes that are truly needed. There’s one clear antidote for climate anxiety: If you can take strategic steps to address climate change, it begins to... Continue reading at Fast Company

[ Fast Company | 2021-09-21 07:00:55 UTC ]
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Dohle Promises Competitive Bidding Between PRH, S&S

In a Zoom chat with agents, Penguin Random House CEO Markus Dohle said that, following the approval of PRH's purchase of Simon & Schuster, editors at the two houses will be able to bid for the same book—even if they are the only publishers interested in the title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-21 04:00:00 UTC ]
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