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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There’s a newly translated John Steinbeck story about a chef and his cat.

Long before funny cat content flooded every single corner of the internet, John Steinbeck, legendary dog person, was writing it for Le Figaro, proving once again that France gets all the good stuff before we do. Steinbeck wrote “The Amiable Fleas,” or “Les puces sympathiques,” in 1954 for Le... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-31 15:44:48 UTC ]
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Three Decades of John Sandford

The mystery writer's editor recounts their time together over the past 30 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Tiger Woods’ failed Open bid is bad news for NBC

Three months ago, Tiger Woods clawed out his first major championship win in 11 years, and in so doing, seemed to have put an end to a decade marked by frustration, failure and grievous injury. His triumph in Augusta was an assurance that more Sunday victories would come, and in defying the... Continue reading at Advertising Age

[ Advertising Age | 2019-07-19 19:26:04 UTC ]
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John Waters on Working for Mary Oliver in Her Bookstore

In this week’s episode of A Phone Call From Paul, Paul Holdengraber and John Waters discuss his new memoir, Mr. Know-It-All (or as he describes, a “self-help book for lunatics,” what he’s reading this summer, and his experience working for Mary Oliver at her bookstore in Provincetown. From the... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-18 08:48:16 UTC ]
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Supreme Court Justice John Paul Stevens’ memoir serves up calm wisdom

John Paul Stevens’ memoir “The Making of a Justice” and the biography “Oliver Wendell Holmes” are must-reads for legal buffs. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-07-17 19:13:55 UTC ]
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Supreme Court Justice John Paul Stevens’ memoir serves up calm wisdom

John Paul Stevens’ memoir “The Making of a Justice” and the biography “Oliver Wendell Holmes” are must-reads for legal buffs. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-07-17 19:13:55 UTC ]
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Supreme Court Justice John Paul Stevens’ memoir serves up calm wisdom

John Paul Stevens’ memoir “The Making of a Justice” and the biography “Oliver Wendell Holmes” are must-reads for legal buffs. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-07-17 19:13:55 UTC ]
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Justice John Paul Stevens Had Some Things to Say Before He Died

Stevens’s “The Making of a Justice” is both a personal memoir and a meditation on the law. Continue reading at The New York Times

[ The New York Times | 2019-07-17 13:32:04 UTC ]
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Campaigners in new bid to save Essex library services

Library campaigners are calling on Essex County Council to launch a new consultation on the future of its libraries in a new bid to save the services.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-08 10:24:45 UTC ]
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John Blake lands two more true-crime tales from Sutton

John Blake has landed two more true crime titles from Manhunt author and ex-Met Police DCI Colin Sutton to tie-in with two upcoming TV shows. Continue reading at The Bookseller

[ The Bookseller | 2019-07-05 00:07:13 UTC ]
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Obama’s defense secretary explains his big decisions and major frustrations

Ash Carter airs his thoughts on women in combat, the media, Susan Rice and Hamid Karzai. Continue reading at The Washington Post

[ The Washington Post | 2019-06-14 12:37:26 UTC ]
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John Blake bags true story of Birmingham's Peaky Blinders

John Blake Publishing has bagged the true story behind Birmingham’s Peaky Blinders by Professor Carl Chinn. Continue reading at The Bookseller

[ The Bookseller | 2019-06-14 02:25:49 UTC ]
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A Bidding War for B&N?

According to a report in the 'Wall Street Journal,' Readerlink is considering putting together a bid to top the $6.50 per share offer made by Elliott Advisors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-11 04:00:00 UTC ]
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Creatives Explain the New Definition of Magazines

[caption id="attachment_159535" align="aligncenter" width="768"] magCulture founder Jeremy Leslie[/caption] NEW YORK—During the second annual ModMag NYC summit last week, organized by the London-based magazine shop and creative studio magCulture, creatives from across the industry attempted to... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-04 13:56:27 UTC ]
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BookCon 2019: Never Give Up: John Cena

With his sonorous voice and stately stature, wrestler, actor, and rapper John Cena has long been a commanding presence in multiple entertainment venues. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-01 04:00:00 UTC ]
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Irish Supreme Court Rejects Facebook Bid to Block ECJ Data Case

The European Court of Justice (ECJ) will hear a landmark privacy case regarding the transfer of EU citizens’ data to Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-31 19:45:54 UTC ]
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Film deal for Hurley as John Murray snaps up third novel

John Murray has snapped up Costa First Novel winner Andrew Michael Hurley's third novel as film rights go to House Productions. Continue reading at The Bookseller

[ The Bookseller | 2019-05-31 14:10:44 UTC ]
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Stephen King Explains Why HBO's 'Chernobyl' Reminds Him Of Donald Trump

The horror writer said it was “impossible” to watch the show without thinking of the president. Continue reading at The Huffington Post

[ The Huffington Post | 2019-05-31 09:36:40 UTC ]
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BookExpo 2019: John Cena Revs Up for Elbow Grease’s Return

With his sonorous voice and stately stature, wrestler, actor, and rapper John Cena has long been a commanding presence in multiple entertainment venues. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-31 00:00:00 UTC ]
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BookExpo 2019: How Far Will John Hodgman Go for Fame?

John Hodgman is an unlikely guy to become famous, and he knows it. “Anyone who has looked at my face knows that my destiny was not to be in film. I can only play villains and creeps because I look weird on camera,” he says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
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