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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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: Greg Garrett Explains Why Conversation Matters

In 'In Conversation: Rowan Williams and Greg Garrett' (Church Publishing, May), Greg Garrett discusses faith, politics, art, writing, and culture with Rowan Williams, the former archbishop of Canterbury. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 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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How Philadelphia’s Barnes Foundation Is Leveraging Analytics

Data is becoming increasingly key to decision-making at arts institutions like the Barnes, but it must be part of a strategy that stays true to the history of the organization, says CFO/COO Margaret Zminda. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2019-05-23 17:33:45 UTC ]
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Henry Rollins on the road with John Waters’ memoir, ‘Mr. Know-It-All’

John Waters’ new collection of essays, “Mr. Know-It-All: The Tarnished Wisdom Of A Filth Elder,” explores the edgy filmmaker’s many decades of experience in the business, brushes with mainstream acceptance, and life as an aging counterculture celebrity. As Waters writes: “Aging gracefully is... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-23 16:00:00 UTC ]
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John Murray snaps up US presidential hopeful Buttigieg's memoir

John Murray has landed the memoir of Democratic mayor and US presidential hopeful Pete Buttigieg. Continue reading at The Bookseller

[ The Bookseller | 2019-05-01 00:00:00 UTC ]
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Russell Martin's return might help Austin Barnes as much as the Dodgers

Rich Hill wasn’t the only veteran member of the Dodgers battery to return from the injured list Sunday. Catcher Russell Martin made his first start since being sidelined April 10 because of lower-back inflammation, an addition that will reduce fellow catcher Austin Barnes’ playing time but should... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-29 00:00:00 UTC ]
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University of Maryland Medical System CEO resigns amid controversy over Pugh book deal, no-bid contracts

Robert A. Chrencik resigned Friday as president and CEO of the University of Maryland Medical System, his long tenure at the hospital network ending amid the controversy surrounding accusations of self-dealing and no-bid contracting. “Today the Board of Directors and I received and accepted Mr.... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-27 00:00:00 UTC ]
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Puffin defends John Boyne’s YA novel about transgender teen

Children's publisher Puffin has said it is proud to be publishing John Boyne’s novel about a transgender teen, after the book was labelled "transphobic" by some campaigners, and an article the author wrote in the Irish Times about the subject received criticism on social media. Continue reading at The Bookseller

[ The Bookseller | 2019-04-18 00:00:00 UTC ]
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Rick Barnes is mulling UCLA's basketball coaching offer

UCLA was waiting to hear Monday whether Tennessee’s Rick Barnes would accept an offer to become its basketball coach and end a search that was approaching the 100-day mark. Bruins officials had offered the veteran coach a five-year contract, according to multiple reports, with Tennessee officials... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-09 00:00:00 UTC ]
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Tennessee’s Rick Barnes is not becoming the UCLA men’s basketball coach

UCLA’s search for a men’s basketball coach will trudge on toward its 100th day. Rick Barnes is staying at Tennessee. The Bruins had pivoted to Barnes over the weekend, making him an offer to become the permanent replacement for Steve Alford, only for Barnes to remain in Knoxville after a series... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-09 00:00:00 UTC ]
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John Oliver skewers Baltimore Mayor Pugh's Healthy Holly scandal on 'Last Week Tonight'

British comedian John Oliver skewered Mayor Catherine Pugh over the scandal surrounding her self-published Healthy Holly books, and he joined the ranks of people calling for her resignation during a segment of his HBO show Sunday night. On "Last Week Tonight," Oliver slammed Pugh for the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-08 13:15:00 UTC ]
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John Oliver and Captain Underpants among the most “challenged” books of 2018

The ALA usually lists 10 books, but included 11 this year because there was just so much to clutch pearls over. What do Captain Underpants and John Oliver have in common? They are both on the American Library Association’s list of most “challenged” books for the past year, which is a nice way of... Continue reading at Fast Company

[ Fast Company | 2019-04-08 00:00:00 UTC ]
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Rick Barnes emerges as the new front-runner in UCLA's basketball coaching search

Tennessee coach Rick Barnes has emerged as the latest front-runner in UCLA’s circuitous men’s basketball coaching search, providing a veteran candidate who has enjoyed a recent revival of a career spanning more than three decades. Barnes has interviewed with school officials, according to a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-08 00:00:00 UTC ]
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John Oliver skewers Baltimore Mayor Pugh's Healthy Holly scandal on 'Last Week Tonight'

British comedian John Oliver skewered Mayor Catherine Pugh over the scandal surrounding her self-published Healthy Holly books, and he joined the ranks of people calling for her resignation during a segment of his HBO show Sunday night. On "Last Week Tonight," Oliver slammed Pugh for the book... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-08 00:00:00 UTC ]
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New York Mag Elevates Noreen Malone and Genevieve Smith | People on the Move

[caption id="attachment_154813" align="alignright" width="300"] Left to right: Genevieve Smith and Noreen Malone. (Photo: Marvin Orellana/New York Magazine)[/caption] Newly appointed New York magazine editor-in-chief David Haskell announced two of his first promotions since taking the helm.... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-04 00:00:00 UTC ]
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Facebook might pay for 'high-quality news,' NYMag vs. WaPo, Cameron Dallas explained: Publisher's Brief

If you're wondering about that leading "Afraid Of?" headlineright off the bat New York Mag seems to be suggesting something unflattering about the Post, right?well, here's a sample summary of Carmon's piece via Twitter:(Adam Penenberg is director of New York University's American Journalism... Continue reading at Advertising Age

[ Advertising Age | 2019-04-02 00:00:00 UTC ]
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Apple, Johns Hopkins partnership lets students use iPhone, Apple Watch as ID

Johns Hopkins University students will no longer need to carry a physical identification card, thanks to a partnership with Apple. Starting this week, students can flash their iPhone to get into their dorm buildings, print papers at the campus library or buy apparel at the university book store.... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-28 00:00:00 UTC ]
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Paul McCartney's school book sold for £46k after bidding war

The exercise book contained English Literature essays written by the former Beatles member. Continue reading at BBC News

[ BBC News | 2019-03-26 00:00:00 UTC ]
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